What Are Bank Holidays Called in Canada? Understanding Statutory Holidays

Discover what bank holidays are called in Canada and learn about statutory holidays when banks and businesses close.

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Bank holidays in Canada are commonly referred to as statutory holidays or public holidays. These are days when banks and many businesses are closed, and employees may receive a day off with pay.

FAQs & Answers

  1. What is the difference between a statutory holiday and a public holiday in Canada? In Canada, statutory holidays are legally recognized holidays when banks and many businesses must close, while public holidays is a broader term that can include both statutory and non-statutory holidays.
  2. Are employees entitled to paid time off on bank holidays in Canada? Yes, employees generally receive paid time off on statutory or bank holidays, but the specifics can vary by province and employment contract.
  3. Which days are considered statutory holidays in Canada? Common statutory holidays in Canada include New Year’s Day, Canada Day, Labour Day, and Christmas Day, but the exact list can differ depending on province or territory.

Watch More

For more detailed information on Canadian public holidays, including a list of official statutory holidays and how they affect work schedules, check out our comprehensive guide on Canadian holiday observances and related labor laws.

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