Board of Directors Resolutions - November 2016

Rate Framework

1. Approved the Rate Framework, towards a targeted implementation date of January 2019; 

2. Endorsed, in principle, Management’s recommendation that the Rate Framework maintain a separate premium rate for Executive Officers (EO) and Partners in Construction consistent with the current Rate Group 755, and direct management to undertake further research and stakeholder engagement and report back to the Board of Directors on findings and a recommended implementation approach including an associated risk analysis. 

3. a) Approved amendments to Regulation 175/98, General, under the Workplace Safety and Insurance Act, 1997, as presented; 
    b) Approved the effective dates as follows:

i) The Rate Framework portion of the proposed amendments to take effect January 1, 2019; 
ii) The amendments to Schedule 3 to take effect on filing of the regulation;

    c) Directed the Corporate Secretary to forward this amendment to the Ministry of Labour for approval of the Lieutenant Governor in Council.