Question
Glorious Florists is a floral supply company with offices and boutiquesin Ontario and Qubec. The organization started operations in 1992 and currently has an approximate
Glorious Florists is a floral supply company with offices and boutiquesin Ontario and Qubec. The organization started operations in 1992 and currently has an approximate annual payroll of $12,000,000 in each jurisdiction.
The organization is considering terminating the employment of five employees in each jurisdiction. To assist with forecasting the budget for the balance of the year, Abigail Adu, the Director of Finance has asked you, as the Payroll Supervisor, to provide her with the details on all legislated payments on termination of employment required for each jurisdiction. In addition to the required payments on termination, include any employer costs related to the employees' statutory deductions. What are the legislated payments on termination of employment for Ontario and Quebec? What are the required payments on termination? What are the employer costs related to the employees statutory deductions?
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