Home Forums Answer for Closure of a Business – What is due to EEs

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This comes from Alan McEwen, our payroll guru.
First, in the situation described, the rules that apply are those for Alberta, unless the company is federally regulated.
Yes, the employer would have to pay any wages owing, including accumulated vacation pay, banked time, etc. as well as either providing sufficient notice or wages in lieu of notice.
Yes, it would also be a common practice, to pay above the required minimum employment standards amounts for these, in order to avoid the possibility of being taken to court.