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There are several added flexibilities I would like to see added to the late penalty policy, as a correction to the apparent unfairness described by Timothy Lim, "The automatic late submission penalty is a useful feature. However, it's a bit of blunt instrument. Specifically, presently, there appears to be no way to distinguish between a student who submits an assignment even one minute past the deadline and another student who submits 23 hours and 59 minutes past the deadline."
I'd like to see the late penalty applied more gradually, and I believe these ideas offer canvas a quick way to graduate the late penalty:
The second point would be even better if the late penalty options included a simple check box that would cause the daily or hourly penalty to be gradually and evenly applied using the smallest increment of time measured by canvas. That would reduce set up calculations for the instructors.
Edited to remove duplication of:
https://community.canvaslms.com/ideas/14976-more-late-penalty-options (which would allow weekends and holidays to be skipped, and make a grace period possible before late penalties apply)
https://community.canvaslms.com/ideas/4670-late-grades-option-toggle (which would allow individual assignments to be excluded) and
https://community.canvaslms.com/ideas/10441-separate-late-policies-for-individual-assignments (which more specifically allows individual late policies to be created for individual assignments.)
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