Nova Scotia firms that are registered with the Workers' Compensation Board can now report their assessable payroll and remit payments electronically. Under the previous system, Nova Scotia firms registered with WCB estimated and reported their annual assessable payroll at the beginning of the year. Premiums were calculated and invoiced for immediate payment. The cash flow impact and estimation problems were a challenge to the business community. WCB was faced with increasing demands for change while restricted with financial constrains.
Firms remit through the same access channels and on the same due dates.
Payments are payable to the Receiver General for Canada, collected by CCRA and sent to the WCB via electronic funds transfer. The Nova Scotia Department of Business and Consumer Services, the Workers' Compensation Board of Nova Scotia, the Canada Customs and Revenue Agency, and Unisys Canada - the prime vendor responsible for all aspects of the project. The WCB established a strategic relationship with the Canada Customs and Revenue Agency and the Nova Scotia Department of Business and Consumer Services.