# Workers' Compensation Board of Alberta

Workers' Compensation Board of Alberta is an Insurance based in Edmonton, Canada.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Edmonton, Canada
- **Region:** North America
- **Address:** 9912 107 St NW, Edmonton, AB, Canada
- **Founded:** 1918
- **Assets under management:** Undisclosed
- **Website:** wcb.ab.ca
- **LinkedIn:** https://www.linkedin.com/company/wcbalberta

## Regulatory record

- **Reports private funds:** No

## About

Providing workplace insurance and supporting return to work for a strong, healthy Alberta.

## Sectors

- Insurance
- Real Estate

## Offices

- Calgary, AB, Canada

## People

- Trevor Alexander — President and Chief Executive Officer
- Ray Block — Chair of the Board of Directors
- William P. Ostapek — Secretary and General Counsel

## Questions

### How is WCB Alberta's investment portfolio structured?

The portfolio is managed through the Accident Fund, which pools employer premiums and investment returns to cover future claims. The fund invests across Canadian and global equities, fixed income, real estate, and infrastructure, with asset allocation driven by liability-matching requirements rather than absolute-return benchmarks. Direct real estate holdings in Edmonton and Calgary form a significant component of the portfolio.

### Does WCB Alberta invest alongside external institutional investors?

WCB Alberta does not operate as a co-investor alongside external GPs in the manner of a pension fund or family office. The Accident Fund is managed internally with a focus on funding its own claims liabilities. External manager relationships exist for specialized mandates but the organization's monopoly status means it does not form club deals or syndicates with other institutional LPs.

### Who holds governance authority over WCB Alberta's investment decisions?

The Board of Directors, currently chaired by Ray Block, holds ultimate fiduciary authority over the Accident Fund. The President and CEO, Trevor Alexander, leads the executive team that implements investment policy. The Minister of Jobs, Economy and Trade provides legislative oversight but does not direct investment decisions.

### Is the Accident Fund's allocation publicly disclosed?

WCB Alberta publishes annual reports that include financial statements and broad asset-class breakdowns. Detailed individual holdings are not publicly disclosed. The fund's real estate holdings — including the Jarvis Building and Millard Health Centre — are matters of public record through Alberta land titles.

## Related profiles

- [Woowa Brothers](https://altss.com/profile/woowa-brothers)
- [Workers Compensation Board of Manitoba](https://altss.com/profile/workers-compensation-board-of-manitoba)

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Last updated: 2026-06-03T20:00:00.000Z

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