Is the Stock Market Open on Family Day 2027? TSX Hours
February 15, 2027
Is the Stock Market Open on Family Day 2027? TSX Hours
Toronto Stock Exchange are closed on Monday, for Family Day.
- Next holiday
- Good Friday, March 26, 2027
- Regular hours
- 9:30 am to 4:00 pm ET
Full schedule and background: TSX Holidays.
Updated
The Toronto Stock Exchange (TSX) is closed on Monday, February 15, 2027 for Family Day, a Canadian statutory holiday. The TSX Venture Exchange and Canada’s bond market also observe the closure, while the New York Stock Exchange, Nasdaq and other non-Canadian markets trade on their usual schedule that day. Any orders entered for TSX-listed stocks on February 15 will queue and execute when trading resumes on Tuesday, February 16, 2027, at 9:30 am ET. For the full year-ahead schedule, see the TSX holiday calendar.
Family Day is a provincial holiday rather than a single national one, but the TSX, which is headquartered in Ontario, follows Ontario’s Family Day date and closes nationwide for trading purposes regardless of which provinces formally recognise the day.
Which markets are closed on Family Day 2027?
| Market | Status | Notes |
|---|---|---|
| TSX (equities) | Closed | Full-day closure, no regular trading session |
| TSX Venture Exchange | Closed | Follows the TSX holiday calendar |
| Canadian bond market | Closed | Canada’s fixed income market observes all TSX statutory holidays |
| Montreal Exchange (derivatives) | Closed | Follows the TMX Group holiday schedule |
| NYSE and Nasdaq | Open (regular hours) | No US equivalent holiday on this date |
| London Stock Exchange (LSE) | Open (regular hours) | No UK holiday scheduled for mid-February |
| Euronext | Open (regular hours) | Standard European trading day |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | No Japanese holiday on this date |
Is the market open the day before and after?
Friday, February 12, 2027 is a normal full trading day on the TSX, with regular hours of 9:30 am to 4:00 pm ET. There is no scheduled early close ahead of Family Day. Trading resumes as usual on Tuesday, February 16, 2027, also with standard 9:30 am to 4:00 pm ET hours. Investors holding Canadian cross-listed shares, such as Shopify or Royal Bank of Canada, should note that these can still trade on US exchanges on February 15 even though the Canadian listing is shut.
Why do markets close for Family Day?
Family Day was introduced in Ontario in 2008 as a mid-winter statutory holiday intended to give workers a long weekend during a stretch of the calendar with no other public holiday. Several other provinces, including Alberta, British Columbia, Saskatchewan and Manitoba, have since adopted similar holidays, though the exact date and name can vary by province. The TSX, which operates from Toronto, closes on the Ontario date each year, which falls on the third Monday in February.
What It Means for Your Money
If you place an order for a TSX-listed stock on February 15, it will not fill until trading opens the next business day, so the price you eventually get may differ from what you expected when markets were last open. Trades that do settle follow Canada’s standard T+1 settlement cycle, meaning a trade executed on February 16 settles on February 17. Any Canadian dividend payments or options expiries scheduled for February 15 typically move to the next business day. Canadian bank branches generally close for Family Day in provinces that observe it, which can delay cheque clearing and some bank transfers, though electronic payments and ATMs continue to work. Cryptocurrency markets are unaffected, since they trade continuously, seven days a week, with no holiday closures.
Remaining TSX holidays in 2027
- Good Friday, March 26, 2027: closed
- Victoria Day, May 24, 2027: closed
- Canada Day, July 1, 2027: closed
- Civic Holiday, August 2, 2027: closed
- Labour Day, September 6, 2027: closed
- Thanksgiving Day, October 11, 2027: closed
- Christmas Eve, December 24, 2027: early close at 1:00 pm ET
- Christmas Day (observed), December 27, 2027: closed
- Boxing Day (observed), December 28, 2027: closed
See the full list, including past dates, on the TSX holiday calendar. The next TSX holiday after Family Day is Good Friday on March 26, 2027.
Frequently Asked Questions
Is the stock market open on Family Day 2027?
The TSX and TSX Venture Exchange are closed on Monday, February 15, 2027, but the NYSE, Nasdaq and most non-Canadian exchanges trade normally.
Is the bond market open on Family Day?
No. Canada’s bond market follows the same statutory holiday schedule as the TSX and is closed on February 15, 2027.
What time does the TSX close the day before Family Day?
There is no early close before Family Day. Friday, February 12, 2027 is a regular trading day ending at 4:00 pm ET.
When is the next market holiday after Family Day 2027?
The next TSX holiday is Good Friday on March 26, 2027.
Are Canadian banks open on Family Day?
Banks in provinces that observe Family Day are typically closed, though this varies, since not every province recognises the holiday.