Important Payroll 2025 Year End Actions and Updates

10 November 2025

With 2026 around the corner, here are some important updates about payroll deadlines, tax forms, statutory deductions, and actions to ensure your personal and emergency contact information is current.

TO ACTION

Sign up for direct deposit 

  • To avoid delays and ensure uninterrupted access to your payments, sign up for Direct Deposit.

Update your address & emergency contact information

  • To ensure your T4 has the correct home address and your personal data is correct relating to insurance (benefits) and/or pension, review your address and emergency contact information by January 5, 2026. More information and a reference guide here.
  • To ensure your T4 has the correct home address and your personal data is correct relating to insurance (benefits) and/or pension, review your address and emergency contact information by January 5, 2026. Need assistance? Review the Changes to Personal Information page to find out how to change aspects of your personal record. 

TO KNOW

2026 Payroll Deadline Chart

  • The 2026 Payroll Deadline Chart is now available. Review the updated eForm/pay action form deadlines, time entry deadlines, time approval deadlines, pay confirm dates and pay dates. 
  • Don't forget to subscribe to the payroll calendar.

Statutory Deductions 

  • For Canada Pension Plan and Employment Insurance, there are yearly maximum contribution amounts. Once these maximums are reached during the taxation year the contributions will cease. 
  • Reminder: You may notice a change in your take-home pay as the deductions re-start for those who maxed out contributions in 2025. 
  • The Canada Pension Plan (CPP) comprises two contributions corresponding to the maximum pensionable earnings explained below: 
    • All employees contribute to CPP based on their earnings up to the Year's Maximum Pensionable Earnings (YMPE), which is set at $74,600 for 2026. Employees contribute 5.95% of their income to CPP up to $74,600.
    • As of 2024, additional CPP contributions were introduced and are made by anyone who earns wages above the YMPE. The 2026 Yearly Additional Max Pensionable Earnings (YAMPE) is $85,000. Employees contribute to CPP at a rate of 4% for income between $74,600 and $85,000. This is known as the CPP Enhancement. 
  • For more information on the CPP Enhancements, refer to the Canada Pension Plan website. 

Example: For an employee earning $85,000 in 2026:

  • Earnings up to $74,600 (YMPE): Both the employer and the employee contribute 5.95%, which amounts to about $4,438.7 each.
  • Earnings between $74,600 and $85,000 : Both the employer and the employee contribute an additional 4% on the $10,400 difference, which amounts to $416 each.

Questions? Contact the Staff Service Centre.