Good Friday
Canada · April 18 · Fiscal month FM1 · Quarter Q1
- Country
- Canada
- Date
- April 18
- Falls in fiscal month
- FM1 of Canada fiscal year
- Falls in fiscal quarter
- Q1
- Source
- Government of Canada
About Good Friday
Statutory holiday in most provinces and a federal holiday.
Where it lands in your fiscal year
For organisations operating on the Canada fiscal calendar, Good Friday falls in fiscal month 1 (FM1), inside quarter Q1. Treat the date as a non-working day in payroll calendars, exclude it from business-day counts when scheduling close milestones or accrual postings, and check vendor terms for any "next business day" payment clauses that would shift settlement.
If the holiday falls on a weekend, observance rules vary: the United States federal government observes the nearest preceding Friday or following Monday; the United Kingdom typically grants a substitute weekday. Check the country's official observance rules before locking payroll runs.
Operational impact for finance teams
For finance and operations teams, Good Friday reduces the working-day count for FM1 by one. If the holiday falls within two business days of a month-end, expect downstream impact on accruals (revenue cutoff, inventory counts, AP cutoffs) and on banking value dates. Wire transfers and ACH/Faster Payments usually settle the next business day; international wires may slip two days when origin and destination both observe the holiday. See our guide on mapping holidays to fiscal months for a worked example of how to fold observance dates into the close calendar.
Open the calendar
See this holiday highlighted in context on the printable monthly template:
Open April template → Full Canada fiscal year →
Year-by-year observance
Pick a specific year to see the actual weekday, weekend-observance shift (if any), and where the holiday lands inside that year's fiscal quarter:
Other holidays in Canada
- January 1 — New Year's Day
- May 19 — Victoria Day
- July 1 — Canada Day
- September 1 — Labour Day
- October 13 — Thanksgiving
- December 25 — Christmas Day
- December 26 — Boxing Day