Have you ever had to wait for a held-up payment from the government or the Canada Revenue Agency (CRA)? Labour strikes, severe weather, stat holidays and other factors can delay mail delivery by days ...

Direct deposit is an electronic payment method banks use to transfer money directly into your account. Most employers use direct deposit for payroll, which helps ensure timely and secure payments.

Direct deposit has become the standard way businesses pay employees. Instead of printing, signing and distributing paper checks, employers can send wages directly to workers’ bank accounts on payday.