How is a managerial position defined for the purposes of the WEPP?
A managerial position is defined in the WEPP Regulations as one where the individual’s responsibilities included making binding financial decisions which affected the business or decisions with respect to the payment or non-payment of wages by the former employer. Simply because an employee is given the title of “manager” does not mean that the individual is automatically excluded from WEPP eligibility. A Trustee/Receiver Information Form should be filed for the individual, unless the trustee or receiver is certain that the individual’s responsibilities as a manager involved making binding financial decisions.
