An Ontario court found that a CIBC termination clause was incompatible with the Canada Labour Code and did not exclude common law notice. The court awarded 7 months of notice to one investment consultant and 12 months to another, with additional compensation tied to their ordinary earnings.
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Ontario court strikes CIBC termination clause and awards common law notice
Source-bounded case notice. Binder hasn't independently reviewed the complete reasons or the outcome. This isn't verified judgment analysis.
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