2015 stat holidays; reporting a retiring allowance on a T4; reporting SUB plan payments on an ROE
Question: We are preparing our payroll calendar for the upcoming year. Could you provide me with a list
of statutory holidays in Canadian jurisdictions for 2015?
ANSWER: The following lists major statutory holidays for 2015. Please note this is not a full list of holidays in all Canadian provinces/territories. In some jurisdictions, there are also holidays that apply to public sector employers and employees and that apply in certain municipalities.
New Year’s Day — Thurs., Jan. 1: All jurisdictions
Family Day — Mon., Feb. 9: British Columbia
Family Day — Mon., Feb. 16: Alberta, Manitoba (Louis Riel Day), Nova Scotia (Heritage Day), Ontario, P.E.I. (Islander Day) and Saskatchewan
Good Friday — Fri., Apr. 3: All jurisdictions (In Quebec, employers may choose to observe the holiday on Good Friday or Easter Monday. In some jurisdictions, retail business law requires commercial establishments to close on Easter Monday.)
Victoria Day — Mon., May 18: Canada Labour Code, Alberta, British Columbia, Manitoba, Northwest Territories, Nunavut, Ontario, Quebec (National Patriot’s Day), Saskatchewan and Yukon
National Aboriginal Day — Sun., Jun. 21: Northwest Territories only
National Holiday — Wed., Jun. 24: Quebec only
Canada Day — Wed., Jul. 1: All jurisdictions (Memorial Day in Newfoundland and Labrador)
First Monday in August — Mon., Aug. 3: British Columbia, New Brunswick, Northwest Territories, Nunavut and Saskatchewan (In Alberta, it is a holiday, although not a statutory holiday. Municipal jurisdictions in other parts of Canada may also designate the day as a holiday.)
Discovery Day — Mon., Aug. 17: Yukon Territory only
Labour Day — Mon., Sept. 7: All jurisdictions
Thanksgiving — Mon., Oct. 12: Canada Labour Code, Alberta, British Columbia, Manitoba, Northwest Territories, Nunavut, Ontario, Quebec, Saskatchewan and Yukon. In other jurisdictions, retail businesses may be prohibited from opening under
business holidays legislation.
Remembrance Day — Wed., Nov. 11: Canada Labour Code, Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nunavut, Prince Edward Island, Saskatchewan and Yukon. In Manitoba and Nova Scotia, Remembrance Day is a statutory holiday under the Remembrance Day Act in each jurisdiction.
Christmas Day — Fri., Dec. 25: All jurisdictions
Boxing Day — Sat., Dec. 26: Canada Labour Code and Ontario (In New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island and Quebec (until 1:00 p.m.), the day is a retail holiday and is covered under business holidays legislation.)
Reporting a retiring allowance on a T4
Question: Since retiring allowances are reported on the T4 slip, do we have to include the amount in box 14, Employment Income?
ANSWER: No, retiring allowance amounts are not included in box 14 of the T4. Retiring allowances are reported in the "Other Information Area" on the T4 slip, using code 66 to report the portion of a retiring allowance that is eligible for tax-free rollover to an RPP or RRSP and code 67 to report non-eligible amounts.
For Status Indians with tax-exempt income, use code 68 to report eligible amounts and code 69 for the non-eligible portion. The lump sum tax deducted is reported in box 22 on the T4.
Reporting SUB plan payments on an ROE
Question: Do I have to report Supplemental Unemployment Benefit (SUB) plan payments on a Record of Employment (ROE)?
ANSWER: Yes, if an employee becomes unemployed and is entitled to SUB plan payments, the employer must indicate on the ROE that the employee is entitled to SUB plan benefits by writing "SUB plan benefits" in item 17C under the heading "Other monies."
Service Canada does not require that the amount of the payment or the date of the payment be entered on the form since this is information that the employer may not know.
