Yes. When you're first starting out in a business, CRA wants you to build a bit of a history with them, and so they require you to actually remit anything that business has to take from their employees and remit to the CRA, so payroll taxes, income taxes, all the rest of it. They have to do it on a much more frequent basis in their first year in order to build a history with CRA. After that it gets based on how much they actually have to remit, and they can go to a much smaller number of times. This allows them, in their first year, to not have to remit as often, because remitting is a lot of paperwork. It's taking the money from the employees or taking it out of their paycheques, making sure the right paperwork is being done and that it's being submitted to CRA at a point in time. If you don't do it at the right time or you don't have the right amount, you could get penalized. It's a very stressful part of that process. Doing that less often in the first year is going to make a difference so they can spend more time growing their business and less time on government paperwork.
On May 28th, 2015. See this statement in context.