Board proud to participate in COVID-19 economic stimulus package

For release | March 17, 2020

Yukon Workers’ Compensation Health and Safety Board (YWCHSB) congratulates the Government of Yukon on its economic stimulus package that is designed to support local workers and businesses impacted by COVID-19. YWCHSB is proud to participate in this important initiative. The challenges facing employers and workers around the world as a result of COVID-19 necessitate actions that will help safeguard business’ financial stability as well as promote health and safety measures in workplaces.

As part of the Government of Yukon’s stimulus package, YWCHSB is offering two reliefs to businesses experiencing serious adverse financial impacts from COVID-19:

  1. The opportunity to revise their annual payroll estimates. This could result in lower assessment premiums. Employers may even be eligible for a refund of their 2020 assessment premiums if they have experienced a significant change in their account due directly to the effects of the COVID-19 pandemic, such as: having projects cancelled, having bookings cancelled, or a significant decrease of staff.
  2. The opportunity to defer their assessment premiums without penalty or interest charges to a date that is appropriate for an employer’s business situation.

Employers experiencing serious adverse financial impacts from COVID-19 that are interested in taking advantage of either one of these opportunities must contact YWCHSB for further information by calling 667-5645.

YWCHSB is committed to supporting workers and employers through this difficult time by being accommodating of the situation they may find themselves in as a result of the impacts of COVID-19.