Each year, Canadian businesses face significant fines due to payroll errors. In fact, non-compliance with payroll regulations can result in penalties ranging from $1,000 to $25,000, depending on the severity and duration of the mistake. Staying compliant with Canadian payroll regulations is crucial to avoid these costly penalties, but it requires careful attention to detail and accurate recordkeeping. Whether you’re a seasoned payroll professional or new to the process, our Canadian Payroll Checklist will guide you through the 7 key steps to mastering payroll compliance.