HolidaysUpdated calendar

Bank Holidays in Canada 2027: When Banks and Payments Close

The 2027 federal holidays when banks close and payments do not process, the four-day Christmas closure, and what still works on a bank holiday.

Official sources
Free
Checked October 17, 2026

2027 bank holidaysFederal holidays

Next bank holidaySee the calendar below

Jan1Fri
Mar26Fri
May24Mon
Jul1Thu
Sep6Mon
Sep30Thu
Oct11Mon
Nov11Thu
Dec27Mon
Dec28Tue

Date	Holiday
Friday, January 1, 2027	New Year’s Day
Friday, March 26, 2027	Good Friday
Monday, May 24, 2027	Victoria Day
Thursday, July 1, 2027	Canada Day
Monday, September 6, 2027	Labour Day
Thursday, September 30, 2027	National Day for Truth and Reconciliation
Monday, October 11, 2027	Thanksgiving
Thursday, November 11, 2027	Remembrance Day
Monday, December 27, 2027	Christmas Day (observed)
Tuesday, December 28, 2027	Boxing Day (observed)

Banks follow federal holidaysProvincial holidays can also close branches

Key facts

Banks close on federal holidays; payments wait for the next business day.
Christmas and Boxing Day are observed on Monday, December 27 and Tuesday, December 28.
That makes December 25 to 28 a four-day stretch without payment processing.
Family Day and the Civic Holiday close many branches, depending on province and bank.
Interac e-Transfer and card payments usually keep working.

Which days are bank holidays in Canada in 2027?

The federal holidays: New Year’s Day, Good Friday, Victoria Day, Canada Day, Labour Day, the National Day for Truth and Reconciliation, Thanksgiving, Remembrance Day, Christmas and Boxing Day.

Banks are federally regulated. Branches may also close on provincial holidays such as Family Day, while national payment processing continues.

Why is the Christmas bank closure longer in 2027?

Christmas Day and Boxing Day fall on Saturday and Sunday, so the holidays are observed on Monday, December 27 and Tuesday, December 28. Together with the weekend, payments stop from December 25 to 28.

Plan payments early

Send rent, bill payments and international transfers by Thursday, December 23, 2027 if they must arrive before the 29th.

What still works on a bank holiday?

Interac e-Transfer, debit and credit cards usually work as normal. Cheque deposits, wires, payroll and pre-authorized debits are processed on the next business day.

Sources

Banks set their own branch hours. Confirm closures and payment timing with your bank.

Questions

Bank holidays FAQ

Are banks open on Family Day?

Branches usually close in provinces where Family Day is a holiday, but the national payment systems process payments as normal.

Are banks closed on December 27 and 28, 2027?

Yes. Christmas and Boxing Day fall on the weekend in 2027, so the federal holidays are observed on Monday, December 27 and Tuesday, December 28.

Does Interac e-Transfer work on bank holidays?

Usually yes. e-Transfers and card payments keep working; cheque clearing, wires and direct deposits wait for the next business day.

Is the Civic Holiday a bank holiday?

It varies. Many branches close on the first Monday of August, but treatment differs by province and bank, so check with yours.

Related dates and tools

HolidaysStatutory holidays 2026Every 2026 stat holiday, by province, and the long weekends.HolidaysStatutory holidays 2027Plan next year: every 2027 holiday by province.HolidaysQuebec holidays 2027Quebec’s 8 statutory holidays in 2027.Payment datesAll CRA benefit payment datesEvery federal and provincial benefit the CRA pays, in one calendar.Payment datesCanada Child Benefit (CCB)Monthly CCB dates for 2026 and 2027, with current amounts.EverythingAll dates & ratesPayment dates, holidays, deadlines and rates in one place.