Board cites system stability and improved outcomes

WCB Nova Scotia has announced that its funded position reached 106.7% at the end of 2024, a milestone that the organization says will help provide greater stability and capacity to support both injured workers and employers in the province.

According to WCB Nova Scotia, the organization’s assets now total $2.8 billion, surpassing its $2.6 billion in liabilities. This improvement is attributed to a combination of investment management and a reduction in workplace injuries across the province.

“A strong workers’ compensation system is good for everyone,” said Nolan Young, Minister of Labour, Skills and Immigration. “This milestone shows crucial improvements that ensure our province has the ability and the resources to better support Nova

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