A reference period is a 12-week period of time used to represent your business’ total average weekly full-time equivalency (FTE).
- You can choose for your reference period to be either:
- (i) February 15, 2019 to June 30, 2019;
- (ii) January 1, 2020 to February 29, 2020; or
- (iii) in the case of seasonal employers, either of the preceding periods or a consecutive twelve-week period between February 15, 2019 and February 15, 2020.