Ontario Statutory Holidays 2024-2025: Everything You Need to Know

Understanding Statutory Holidays

Recent News: Are you wondering what Ontario’s statutory holidays are for 2024–2025? Employees in Ontario are entitled to paid time off, premium holidays, or time off in lieu of work for the nine statutory holidays that are observed each year. Employers bear the responsibility of guaranteeing that workers receive the proper benefits and compensation in accordance with the criteria established by the Employment Standards Act (ESA).

Statutory Holiday Entitlement

obligatory for all workers, with the exception of those in the hospitality, food, and tourism sectors. Employers in exempt industries must comply with the ESA by offering alternate holidays or other arrangements.

Understanding Statutory Holidays

In Canada, statutory holidays, also referred to as public holidays, are set by the federal, provincial, or territory governments. The bulk of workers in the public and commercial sectors usually receive pay on these holidays, which are set aside to honor noteworthy occasions.

List of Statutory Holidays in Ontario 2024

Nine statutory holidays are observed in Ontario: Good Friday, New Year’s Day, Labor Day, Thanksgiving Day, Christmas Day, Boxing Day, Victoria Day, and Canada Day. Moreover, companies need to be aware of the Civic Holiday (first Monday in August) and Remembrance Day (November 11).

Eligibility for Statutory Holiday Pay

In Ontario, the majority of workers who follow “the first and last rule” and work in an environment covered by the Ontario Employment Standards Act are entitled to statutory holiday compensation.

Calculation of Statutory Holiday Pay

In Ontario, vacation money accrued during the four work weeks prior to a holiday is added to the employee’s regular hourly compensation and multiplied by 20 to determine holiday pay. For workers who receive a set salary, computation is rather simple. In Ontario, workers who put in overtime on statutory holidays are entitled to premium pay, which is determined by multiplying their hourly rate by 1.5.

Conclusion

Comprehending statutory holidays and the benefits that go along with them is essential for Ontario’s employers and employees. Employers may guarantee compliance and equitable treatment of their staff by being informed about the applicable wage standards outlined by the Employment Standards Act as well as the statutory holidays. Workers are free to assert their legal claims to paid time off and holiday pay.

FAQs

What are statutory holidays in Ontario?

In Ontario, statutory holidays are set aside to honor noteworthy occasions and are usually compensated time off for most workers in the public and private sectors.

How is statutory holiday pay calculated in Ontario?

In Ontario, vacation money accrued during the four work weeks prior to a holiday is added to the employee’s regular hourly compensation and multiplied by 20 to determine holiday pay. For workers who receive a set salary, computation is rather simple.

What are the entitlements for employees on statutory holidays in Ontario?

According to the rules outlined by the Employment Standards Act (ESA), workers in Ontario who have statutory holidays are entitled to paid time off, premium holidays, or paid time off in lieu of paid time off.