Canada Year-End Payroll Guide

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Managing payroll in Canada requires careful attention to statutory contributions, annual limits, and year-end reporting requirements. This guide brings together key payroll deadlines, compliance considerations, and payroll reference information to support accurate payroll processing for your Canadian workforce.

Justworks helps ensure your payroll and reporting stay on track, so you can manage year-end obligations with confidence and less administrative overhead.

Updated for 2025 year-end processing and 2026 employer payroll tax requirements.

2026 Employer Payroll Tax Updates

Disclaimer
The rates provided are statutory employer-side contributions. Individual rates may vary based on employee age, salary thresholds, or specific industry exemptions.

Canada Pension Plan (CPP) / Employment Insurance (EI)

What’s changing in 2026
Decrease in EI premium rate to $1.63; Maximum Insurable Earnings increase to $68,900; 2.0% indexing adjustment for CPP benefits.

2025 Key Year-End Payroll Dates

Payday Reminder

December 31 remains a standard payday, even when it falls on a weekend or holiday.

Payroll Processing Deadlines

To ensure timely payments in December, the first payroll cut-off date is December 4, with a corresponding payday on December 15. The second and final payroll cut-off for the year is December 17, with pay distributed on December 31.

Bank Holidays and Office Closures

Be sure to account for limited availability and banking hours during the holiday season.

Bank Holidays

  • December 25: Christmas Day
  • December 26: Boxing Day

Office Closures

  • December 24: Half-day closure
  • December 25–26: Closed
  • December 31–January 1: Closed 

Year-End Tax Filings and Forms

Justworks handles all year-end tax reconciliations and remittances for your business, including:

Federal Programs

  • Canada Pension Plan (CPP)
  • Employment Insurance (EI)
  • Federal and provincial income taxes

Québec-Specific Programs (if applicable)

  • Québec Pension Plan (QPP)
  • Québec Parental Insurance Plan (QPIP)
  • Provincial income tax
  • Health Services Fund (HSF)

Workers' Compensation & Employer Health Tac

  • EHT remittances and workers’ compensation premiums are remitted for employees across all provinces.

Employee Tax Forms

  • T4s and RL-1s (for Québec employees) will be issued by February 27, 2026.

Looking Ahead to 2026: Statutory Contribution Changes

Here is a preview of confirmed and pending updates to statutory payroll contributions for 2026.

Federal Contributions

Contribution Type

2025

2026

CPP – Employer Maximum

$4,034.10 $4,230.45

CPP – Employee Maximum

$4,034.10 $4,230.45

CPP Second Ceiling – Employer

$396.00 $416.00

CPP Second Ceiling – Employee

$396.00 $416.00

EI – Employer Maximum

$1,508.47

$1,572.30

EI – Employee Maximum

$1,077.48

$1,123.07

Québec Contributions (if applicable)

Contribution Type

2025

2026

QPP – Employer Maximum

$4,339.20 $4,479.30

QPP – Employee Maximum

$4,339.20 $4,479.30

QPP Second Ceiling – Employer

$396.00 $416.00

QPP Second Ceiling – Employee

$396.00 $416.00

EI – Employer Maximum

$1,204.94 $1,253.98

EI – Employee Maximum

$860.67 $895.70

QPIP – Employer Maximum

$678.16 $620.06

QPIP – Employee Maximum

$484.12 $442.90

We will update this section once final rates are released by the CRA and Revenu Québec.

We've Got You Covered

Justworks handles every aspect of year-end payroll in Canada—from payment processing to tax submissions—so you can focus on your team and the year ahead.

No action is required on your part.

For questions or support, contact international-support@justworks.com or reach out to your International Customer Success Manager.

 

Disclaimer

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for accounting, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.