Thank you, Mr. Speaker. The returns on WCB's investment portfolio are based upon the marketplace; what they invest in, what the market is doing at the time. Sometimes it is up, sometimes it is down and that is why its investment strategy is over a five and 10-year period of time and eventually it balances itself out. I believe I said in the House earlier last week that they have done an outstanding job and have been able to get somewhere around a 21 per cent return of its investment. So the investment component of the WCB is no different than your own personal investments when you invest in the stock market or bonds. They fluctuate up and down based on the market.
Hon. John Todd on Question 335-13(3): Explanation Of WCB Investment Returns
In the Legislative Assembly on May 28th, 1996. See this statement in context.
Return To Question 335-13(3): Explanation Of Wcb Investment Returns
Question 335-13(3): Explanation Of WCB Investment Returns
Item 6: Oral Questions
May 27th, 1996
Page 702
John Todd
See context to find out what was said next.