There’s a cost. What happened, the change in the accounting procedures, we were advised by the Auditor General that we had to look after, we had to actually book our latent occupational diseases now. That is, like, from 50 to 60 years ago to the miners that may have come in contact with asbestos and things like that. This was the last year we had to get that done. Fortunately, we are in a healthy position financially, and by adding all the latent occupational diseases on, plus the firefighters, that was a total cost to the system of $25.8 million. Now, we’re confident that that’s on the books now and will remain there. The firefighters were actually about a $3 million addition to the $25 million. So, our actuaries are confident that we are not going to have to add any more money to it. This did not affect the rates at all and it won’t affect the rates unless we become in a compromised position for funding, which I don’t anticipate is going to happen. From an employer point of view, it didn’t affect the rates and now we have everybody covered.
Mr. Grundy on Committee Motion 146-17(5): Bill 64: An Act To Amend The Co-Operative Associations Act - Amendment To Clause 23, Carried
In the Legislative Assembly on October 6th, 2015. See this statement in context.
Committee Motion 146-17(5): Bill 64: An Act To Amend The Co-Operative Associations Act - Amendment To Clause 23, Carried
Consideration in Committee of the Whole of Bills and Other Matters
October 6th, 2015
Grundy
See context to find out what was said next.