I was terminated after working for almost a year because my employer said he could no longer afford to pay me. Based on my employment contract, my employer had to pay me a month's termination pay. He gave me postdated cheques on my last day of work as my termination pay, all of which bounced. I contacted him about the bounced cheques and he emailed me that the company has run out of money and he will pay me the amount owing if and when he gets tax credits from the government. After I was terminated he hired someone else to fill the position and terminated them after a week. Now he informed me that he is shutting down the business. He has also not sent me a Record of Employment after multiple requests.