Business welcomes WCB surplus distribution payments
“While companies will receive a wide range of rebate amounts, from $300 to into the millions, we encourage all businesses to direct this money back into their current and future safety plans. Making sure staff are well trained and have all the necessary equipment to work safely is job number one for business. These rebates can help fund those expanded efforts,” said McLellan.
Click here to view the media release in its entirety, and click here to view the sector breakdowns.
The Cheques are in the Mail!
The Saskatchewan Workers' Compensation Board announced this morning that cheques and credits totaling $141 million will be distributed this week. See the News Release here.
Saskatchewan Chamber of Commerce pleased with WCB surplus distribution announcement
The Saskatchewan Chamber of Commerce is happy with today’s announcement by the Saskatchewan Workers’ Compensation Board that it will distribute 100 per cent of excess surplus funding.
“We congratulate the WCB Board of Directors on this move to release the full amount of surplus funding. Their quick action will really help our members and other employers across the province, who contribute to the funding,” said Saskatchewan Chamber CEO Steve McLellan.
“The Saskatchewan Chamber has been active on this file for many months now, as we are active on all aspects of the WCB. The move to release the full $141 million surplus was a good one.”
Saskatchewan Chamber adds supplement to report on The Impact of Rail Access on Saskatchewan's Export Potential
As you may recall, the Saskatchewan Chamber of Commerce recently released a report on The Impact of Rail Access on Saskatchewan’s Export Potential. The report covered potash, petroleum products and agri-food products in great detail. While these three sectors make up the majority of rail transportation in Saskatchewan, they obviously do not incorporate everything that is or could be exported via rail. This supplement ‘Emerging Rail Exports’ looks at two additional growing, small volume, high value sectors that will increase our future rail demand – uranium and manufacturing. Click here to read Emerging Rail Exports.
Media Release: WCB applauds Workers' Compensation Board employer rebates
The Saskatchewan Chamber of Commerce is pleased with the Workers Compensation Board’s recent announcement of employer rebates.
"The announcement from WCB of a forthcoming $79 million in rebates to employers is great news,” said Steve McLellan, CEO of the Saskatchewan Chamber. “The WCB system is fully funded by employer premiums so when the system does well they should see the direct result. Even with the rebates being issued the system remains in a fully funded, strong fiscal position to ensure the protection of our workers across the province.”
Read the full media release here.
Saskatchewan Chamber releases report on The Impact of Rail Access on Saskatchewan's Export Potential
A valuable report delving into the impact rail transport has on Saskatchewan's manufacturing and exporting sectors, and providing nine key recommendations, was released in Regina on March 30. The report was commissioned by the Saskatchewan Chamber of Commerce and completed by The Conference Board of Canada, following challenges in getting the province's products to market in the 2013-14 year.
Read more by clicking this link.
Recommendations for Northern Growth & Expansion released
The Saskatchewan Chamber of Commerce has released its Northern Business Task Force Report, containing recommendations focused on finding creative solutions to accelerate northern Saskatchewan's economic and social development. The report included 12 recommendations that addressed issues such as electricity rate codes, ice road closure dates, telecomunications coverage and the need to increase subsidies for healthy foods.
Read the media release here.
Read the full report by clicking here. (File ~3MB)