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Wage Earner Protection Program Act

Version of section 7 from 2018-12-13 to 2021-11-19:

Marginal note:Amount of payment

  •  (1) The amount that may be paid under this Act to an individual is the amount of eligible wages owing to the individual up to a maximum of an amount equal to seven times the maximum weekly insurable earnings under the Employment Insurance Act, less any amount prescribed by regulation.

  • Marginal note:Bankruptcy and receivership

    (2) If the former employer is both bankrupt and subject to a receivership, the amount that may be paid is the greater of the amount determined in respect of the bankruptcy and the amount determined in respect of the receivership.

  • 2005, c. 47, s. 1 “7”
  • 2007, c. 36, s. 86
  • 2009, c. 2, s. 345
  • 2017, c. 26, s. 53
  • 2018, c. 27, s. 631

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