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Wednesday, September 17, 2025

Tridel Severance Pay: Your Rights Explained - Samfiru Tumarkin LLP

Tridel is a Canadian real estate development company based in Toronto, Ontario. It focuses on the development, construction, and management of residential condominiums, primarily within the Greater Toronto Area. The company operates through a group of affiliated businesses that handle various aspects of the project lifecycle, including design, sales, and property management.

Tridel employs 500 hundred staff across construction, development, customer service, and corporate roles. It is considered one of the largest condominium developers in Canada, with a portfolio that includes both market-rate and sustainable housing projects.

Severance Pay For Tridel Employees

In Canada, non-unionized employees at Tridel are entitled to up to 24 months of severance pay when laid off or terminated without cause — whether full-time, part-time, or hourly.

Want a quick overview on severance pay? Watch the video below or check out the full episode in our TV section.

Key Facts

  • Severance pay is calculated using a variety of factors, such as age, position, length of service, and ability to find similar work. Learn more about severance pay in Canada.
  • Severance packages should include salary, bonuses, commissions, and other compensation earned during employment.
  • Employees generally have up to two years from the date of their termination to pursue full severance pay.

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