Employment Standards of Ontario says that in order to qualify for severance pay, you have to work for the employer for five or more years and that the employer has a global payroll of at least 2.5 million or severed the employment of 50 or more employees because the business permanently closed. Is this true? I've worked for my boss for 30+ yrs, he's retiring and says he doesn't owe me severance because of the Employment Standards Law. He only has 3 employees.