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Corporation
wsib.on.ca

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Investments

1

About Workplace Safety Insurance Board

The Workplace Safety and Insurance Board is an independent trust agency that administers compensation and no-fault insurance for Ontario workplaces.

Workplace Safety Insurance Board Headquarter Location

200 Front Street West

Toronto, Ontario, M5V 3J1,

Canada

416-344-1000

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Latest Workplace Safety Insurance Board News

National Day Of Mourning Solemn Reminder Of The Consequences Of Diminished Health And Safety Spending

Apr 28, 2022

Leading up to the COVID-19 pandemic, funding to Ontario’s health and safety associations declined by approximately 17 per cent between 2013 to 2020. On April 28, National Workers’ Day of Mourning for those who lost their lives on the job, CUPE calls on all political parties to commit to improved spending on health and safety training and the reinvestment of Workplace Safety Insurance Board (WSIB) budget surpluses back into vital occupational health programs. “COVID-19 has fundamentally shifted how we think about health and safety at work. But, despite hard lessons learned during this and previous pandemics, we continue to see provincial governments implement stark cuts to our first lines of defence against infectious diseases: awareness and prevention,” says Harry Goslin, President of CUPE 1750 - The Ontario Compensation Employees Union (OCEU), representing more than 3,600 employees at the WSIB and the Infrastructure Health & Safety Association (IHSA). Investment in health and safety training is fundamental to workers’ wellbeing and reduces accidents and injuries in the workplace, and in turn, presents real cost-savings to safe employers. “Investment in occupational health and safety training results in fewer workplace injuries, fatalities, and WSIB claims,” says Goslin. For every dollar invested in health and safety, safe employers can see financial gains that can range from $1.24 to $2.14, according to research commissioned by WSIB Ontario. “Health and safety are based on hard science, not political agendas. With the provincial election around the corner, it’s time for political parties to decide what side of history they want to rest on—the laxation of unpopular, but necessary restrictions or the protection of frontline workers across the province,” says Goslin. Source: Canadian Union of Public Employees Like what you are reading? Sign up for our free newsletter SIGN ME UP

Workplace Safety Insurance Board Investments

1 Investments

Workplace Safety Insurance Board has made 1 investments. Their latest investment was in CLH Group as part of their Secondary Market - II on January 1, 2019.

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Workplace Safety Insurance Board Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/15/2019

Secondary Market - II

CLH Group

$576.29M

Yes

1

Date

1/15/2019

Round

Secondary Market - II

Company

CLH Group

Amount

$576.29M

New?

Yes

Co-Investors

Sources

1

Workplace Safety Insurance Board Acquisitions

1 Acquisition

Workplace Safety Insurance Board acquired 1 company. Their latest acquisition was Systemtext on September 30, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/30/2019

$99M

Acquired

1

Date

9/30/2019

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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