Two ways to think about severance
The statutory minimum is what employment standards guarantee — often around one week per year of service, with caps. Common-law reasonable notice can be much higher, factoring in your age, seniority and re-employment prospects; a common rule of thumb is 3–4 weeks per year, capped near 24 months. Your real entitlement depends on your contract and circumstances.
Common questions
Statutory minimums are set by each province’s employment standards (often ~1 week per year, capped). Common-law reasonable notice is usually higher — a rough rule of thumb is 3–4 weeks per year of service.
Statutory amounts are capped (for example 8 weeks termination plus up to 26 weeks severance in Ontario). Common-law awards rarely exceed about 24 months.
Yes. Severance depends on age, role, tenure and how hard it is to find similar work. This is only a rough estimate — talk to an employment lawyer.