Thanksgiving 2023
Canada · Friday, October 13, 2023 · FM7, Q3 of FY2023
- Country
- Canada
- Calendar date 2023
- 2023-10-13 (Friday)
- Fiscal year
- FY2023 (open year)
- Fiscal month / quarter
- FM7 of 12 · Quarter Q3 · printable monthly template
- Source
- Government of Canada
About Thanksgiving
Second Monday in October, statutory holiday in most provinces.
This page is the 2023-specific edition: it shows the actual weekday, the observed date if a weekend rule applies, and the placement of the holiday inside the Canada fiscal year that contains it. For the canonical, year-agnostic overview see the main Thanksgiving page.
2023 weekday and observance
In 2023, Thanksgiving falls on Friday, October 13. Friday holidays produce three-day weekends without affecting the early-week rhythm. Banking value dates for any cleared transaction slip to the following Monday.
No weekend-shift rule applies in 2023 because the holiday falls on a regular weekday. Both the calendar date and the observed date are Friday, October 13, 2023. Treat it as a non-working day in payroll, vendor payment scheduling, and any business-day calculation that drives accruals or settlement.
Where it lands in FY2023
For organisations on the Canada fiscal calendar, Thanksgiving 2023 sits in fiscal month 7 (FM7), inside quarter Q3 of FY2023. From this date, you have approximately 170 days remaining until fiscal year-end on March 31, 2024. That distance matters because year-end close planning typically begins 60 to 90 days out — meaning if FYE is within that window, this holiday already sits inside the close-planning runway and any client-facing or vendor-facing deadlines that touch it should be pre-cleared rather than rescheduled later.
For the same holiday in adjacent fiscal years see: Thanksgiving 2024 · Thanksgiving 2025
Operational impact for finance teams
For finance and operations teams, Thanksgiving 2023 reduces the working-day count for FM7 by one. If the holiday falls within two business days of a fiscal month-end, expect downstream impact on accrual timing (revenue cutoff, inventory counts, AP cutoffs) and on banking value dates. Wire transfers and ACH/Faster Payments typically settle the next business day; international wires may slip two days when both origin and destination observe the holiday. See our guide on mapping holidays to fiscal months for a worked example of folding observance dates into the close calendar.
If your business operates payroll on a biweekly cadence aligned to the OPM federal schedule, check the 2023 pay period schedule for the pay period containing this date — the payday for that period may shift to the preceding business day.
Cross-references
- Printable October template (FM7) — see this holiday highlighted in the calendar grid.
- Q3 quarterly template — context inside the three-month fiscal quarter.
- FY2023 overview for Canada — full year-at-a-glance.
- Main Thanksgiving page — year-agnostic background.