Is accrued vacation pay held in trust for purposes of the Limitations Act?
Ontario, Canada
The following excerpt is from Brown v. Procom Consultants Group Ltd., 2021 ONSC 4185 (CanLII):
Brown submits that if accrued vacation pay is held in trust, then the claim for vacation pay is tenable since a breach of trust for the purposes of the Limitations Act occurs when the trustee states that it will not be paying out the amounts held in trust: Simpson v. Bridgewater Bank, 2012 ONSC 714, at para. 51.
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