What are some other payroll considerations in Canada?

Additional payroll regulations in Canada relate to payment schedules and record-keeping 

 

Employees in Canada are typically paid bi-weekly (26 pay periods per year) or semi-monthly (24 pay periods per year). Less frequently, employees are paid hourly or monthly. 

 

Detailed record-keeping is critical in Canada, both for labor authority inspections as well as financial audits. These records should include general employee information, time and wage records, and payslips. Failure to keep accurate records for the required time period can result in fines and penalties.  

 

If you have questions about payroll regulations and procedures in Canada, please get in touch with our team today! 

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