Employment Law

Severance Pay During Corporate Terminations

target canada closed store

Around 350 head and regional office employees at Tim Hortons were fired, three days after an internal letter to employees apologized for the “stress” media reports of pending layoffs may have caused.

CIBC fires 500 employees, Target Canada’s closing of all its stores caused national job loss of more tan 17,000, Jones New York is closing its 36 Canadian stores.

Just how much severance pay is a Canadian employee owed in a corporate termination or layoff? Employment Lawyer Lior Samfiru joined The Roy Green Show on the Corus Radio Network to discuss the fundamentals of employment law in Canada.

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