Section #
Effective date


Policy Purpose

The purpose of this policy is to establish criteria for when an employer's assessment rates and Claim Costs Experience will follow the business on a change in ownership and be used to determine assessment rates for the new employer.  It is important to distinguish between when a business ceases to operate and when all or part of a business continues in substantially the same form under new ownership because the WCB sets assessment rates based, in part, on an employer's Claim Costs Experience.

Appendix A includes a glossary of commonly used terms.

Previous policy versions
January 1, 2018 to December 31, 2022

Applies to all decisions made between the above dates