| Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
| earnings |
vacation pay |
trust fund |
|
Summary:
Accruing vacation pay was shown weekly on pay stub and, after regular deductions, was retained until the worker's actual vacation. Deemed held in trust as per N.S. legislation. Monies actually commingled in company's general bank account. 'Beneficially entitled' discussed.
The fact that interest earned on vacation pay during the period it is held is, in terms, to be paid to the employee indicates that the principal is being held for the benefit of the employee: see GIROUX. No such evidence here.
