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If a company closes do they owe severance pay to the employees?

I work for an Automotive dealership and am worried they may close. I have been the Parts Manager for 35 yrs and wonder if I would qualify any severance?

I was terminated by my employer. He made me sign a release letter that said I could not pursue any other remedies, and that I had been given the opportunity to review this with a lawyer. This was false, since I was told, under duress, to sign the letter on the spot. Is it binding? I worked there for 5 yr and 7 months. I was given 5 weeks severance, no ROE, no letter of employment, and only 4% vacation pay.

Hi, Hope everyone is staying safe. I recently quit my job and provided my two (2) weekes notice. My last day was on April 1, 2021 before the holiday, Good Friday. My employer provided me with the tax documents and record of employment days after I left. The record of employment is incorrect and shows my last day being, March 31, 2021. I have sent him an email today requesting that it be revised to show April 1, 2021 was my day. I also requested that he pay me my two (2) weeks vacation that I am entitled to. I have yet to hear back from him of course. What are my rights here?

If you have filed a claim with WSIB, and your employer offers you a temporary layoff due to a slump in business, will accepting the layoff interfere with the WSIB claim?