May 6: WCB Releases 2012 Annual Report

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The WCB released the 2012 Annual Report as well as its 2013-2017 Five Year Plan. Because of the WCB’s strong financial position, it was able to maintain the 2012 average assessment rate at $1.50, the second lowest rate in Canada, and keep that rate stable in 2013. The time loss injury rate, which has stayed the same for the past three years, is 3.3 per 100 full time workers.