Release Date

In most cases, when buying a business in Manitoba, that business’s account history with the WCB will also transfer to you.

If you’re planning on buying a business, there are two important questions to consider:

1. Is the seller’s WCB account in good standing?

2. What is the business’s claims experience and WCB premium rate?

Once all the paperwork is complete and you have purchased a business, you must apply for your own WCB account to provide workers compensation insurance for your workers.

If you have questions about buying a business in Manitoba, we encourage you to contact Assessment Services.

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