Regardless of what you call it - 'losing your job', 'being laid off' or 'being fired', having your employment terminated is a stressful and upsetting event.

If it does happen, however, you need to put a plan in place. The following 10 tips will help you navigate and take control of this difficult situation. 

The Ontario economy has been hit hard over the past several years. As such, many employers have sought ways to reduce workforce-associated costs. One common tactic has been to replace employees with contractors. Four significant and cost-limiting changes result when an independent contractor, rather than an employee, is engaged.

Most employees in Ontario benefit from an interconnected web of laws and court rulings. It is important to be informed of these rights, so that you may protect yourself and ensure fair treatment.

It is equally important for small businesses to understand the obligations imposed by Ontario's employment laws in order to efficiently structure their operations, ensure legal compliance and limit the potential for costly litigation. With those thoughts in mind, and an acknowledgment that a plethora of employment rights and obligations exist in Ontario, here is our top ten list that every employee and small business should know.