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N S man hurt in workplace accident faced with paying for own migraine treatments

FP500: Corporate snakes and ladders

FP500: Corporate snakes and ladders Andy Holloway © Provided by Financial Post FP500 research includes public firms, private companies, subsidiaries and Crown corporations, making the FP500 the most authoritative survey of Canadian business available. Welcome to FP Magazine’s latest ranking of Canada’s largest corporations by revenue. Here are some highlights: Chart attack The total revenue reported by the FP500 as a group was $2.26 trillion, down from last year’s total of $2.39 trillion, for an average of $4.52 billion, compared to $4.78 billion a year ago and $4.67 billion a year ago. The average profit by the 397 corporations reporting such figures was $315.8 million, well down from $467 million reported a year ago, with 116 reporting a loss. The average value of assets at the 424 companies reporting them was $33.2 billion, compared to $29 billion last year, though both numbers are heavily skewed by the Big Five banks. The FP500 revenue cutoff li

Public policy expert Mintz appointed to AHS board

Workers Compensation Board Posts a Loss but Remains Fully Funded

By Gord Wiebe May 26, 2021 | 10:06 AM At its Annual General Meeting, the Workers’ Compensation Board reported that it remained fully funded at 112.4 per cent last year. Workplace Total injury rate decreased to 4.46 per 100 workers and the Time Loss injury rate decreased to 1.78 per 100 workers in 2020. In 2020, 90 per cent of Saskatchewan workplaces reported zero injuries or fatalities, compared to 88 per cent each of the previous four years. Last year, 34 workplace fatalities were reported, down from 36 in 2019. Claim costs were $319.6 million in 2020, up from $281.0 million in 2019. The WCB’s Injury Fund was at $479.6 million as of year-end 2020, compared to $567.3 million in 2019. As a result of lower premium revenue, a decline in investment markets, increased claim costs and operational challenges resulting from the COVID-19 pandemic, the WCB posted a loss of $83 million in 2020.

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