TZ LawCalgary, AB · January 13, 2025Follow

Can Wages be paid in Cryptocurrency: Implications for Employers and Employees in Alberta and BC

Two workers were awarded $233,000 in back pay after their employer’s attempt to partially compensate them with a company-created cryptocurrency was rejected by the Ontario Labour Relations Board (OLRB). The ruling emphasized that under Ontario’s Employment Standards Act (ESA), wages must be paid in Canadian dollars. The dispute arose when Kinglory Inc. paid only half …

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