REGINA — Acquiescing to the demands of hundreds of employers and industry groups, the Saskatchewan WCB (Workers Compensation Board) announced on June 29 that is refunding the $281 million it owes to the province’s employers.
WCB stated that the full amount will be refunded in two 2016 installments, half coming in July and the remainder in December.
The WCB Board received over 600 written submissions calling for the return of the money. Submissions were received from industry groups such as Saskatchewan Hotel and Hospitality Association, Canadian Federation of Independent Business, Restaurants Canada, Saskatchewan Construction Association, NSBA, SK Manufacturers, and Canadian Tax Payers Federation.
“We must continually remind the WCB that they are funded by the employers of our province and they have a fiduciary duty to be good stewards of our money. They work with our money, not theirs,” said Jim Bence, SHHA president and CEO, in the July issue of the association’s magazine.
“Somehow the financial relationship between ‘us’ and ‘them’ has been reversed, with ‘them’ believing, in my opinion, that they are autonomous of all others and can act with impunity irrespective of the demands of the very people that fund the organization,” continued Bence.
“The SHHA Board of Directors and staff appreciates Minister of Labour Relations and Workplace Safety, Hon. Don Morgan, for his influence on the refunding of the $281 million surplus. The SHHA looks forward to further discussions exploring ways in which stakeholders can work collaboratively with government on the transformation of a flawed WCB system and proactively avoid any future overfunding.”