Ontario holiday pay goes back to the future

Province temporarily reverts to previous public holiday pay formula
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 07/03/2018

As of July 1, it is déjà vu for Ontario payroll professionals when it comes to calculating public holiday pay.

From July 1 until the end of 2019, the Ontario Ministry of Labour is temporarily reverting to the public holiday pay formula in place before Jan. 1, while it reviews the province’s public holiday pay system.

Beginning with Canada Day, employers now calculate public holiday pay as the total amount of regular wages earned and vacation pay payable to employees in the four workweeks before the workweek in which a statutory holiday falls, divided by 20.