What we’re doing to stop a 60% jump in N.B. WCB rates

Published June 28, 2017

Restaurants Canada continues to press the New Brunswick government to rein in soaring workers’ compensation rates. Over the past two years, rates for restaurateurs have increased by 75%. The WorksafeNB Accident Fund surplus has fallen from 123% to 112%, and by law, can’t fall below 110%. This drop is due to an alarming increase in claims costs because of a new independent appeal body and its interpretation of the legislation. If this trend continues, rates for 2018 would increase by a dramatic 60%.

Our progress

Following a concerted effort by Restaurants Canada and the business community, the government put together a task force to recommend solutions. A Restaurants Canada nominee will sit on this task force. Restaurants Canada is pushing government officials to address this issue before 2018 rates are set, because of our industry’s labour-intensive nature.

Questions about WCB rates in your province? Contact Restaurants Canada’s Paul McKay.

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