# Workers Compensation Board of Manitoba

Workers Compensation Board of Manitoba is an Insurance based in Winnipeg, Canada.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Winnipeg, Canada
- **Region:** North America
- **Address:** Winnipeg, Manitoba, Canada
- **Founded:** 1916
- **Assets under management:** Undisclosed
- **Website:** wcb.mb.ca
- **LinkedIn:** https://www.linkedin.com/company/wcb-manitoba

## Regulatory record

- **Reports private funds:** No

## About

The Workers Compensation Board of Manitoba is a Winnipeg-based insurance company. It manages assets across two funds, totaling approximately $1.4 billion. Its focus is on North America.

## Sectors

- Insurance

## People

- Catherine Skinner — President & CEO
- Brent Buydens — Chief Investment Officer
- Leslie Anne Hurley — Vice President & Chief Financial Officer
- Colin S. Robinson — Chairperson of the Board of Directors

## Questions

### Who oversees the investment operations at the Workers Compensation Board of Manitoba?

Brent Buydens serves as the Chief Investment Officer, managing the WCB's Accident Fund. The investment team operates within the finance division led by VP and CFO Leslie Anne Hurley. The overall organization is led by President and CEO Catherine Skinner, with governance provided by a Board of Directors chaired by Colin S. Robinson.

### How is the Workers Compensation Board of Manitoba funded?

The WCB is funded entirely through mandatory premiums collected from Manitoba employers. It does not receive provincial tax dollars. These premiums are pooled into the Accident Fund, which is invested to cover the present and future costs of workplace injury and illness claims.

### How does the WCB Manitoba's investment mandate differ from a typical pension fund?

Unlike a pension fund that accumulates assets to pay future retirement benefits, the WCB's Accident Fund must cover active and long-tailed injury claims. This means the portfolio is highly liability-driven, emphasizing asset-liability matching and liquidity management specifically for workers' compensation obligations rather than general retirement liabilities.

### Does the WCB Manitoba have direct real estate investments?

Historically, the WCB has held a real estate portfolio through WCB Realty Limited, which included properties in Canadian cities such as Winnipeg, Edmonton, Montreal, and Brandon. The current composition and scale of the real estate allocation is not publicly detailed outside of periodic financial statements.

### What is SAFE Work Manitoba, and how is it related to the WCB?

SAFE Work Manitoba is a division of the Workers Compensation Board responsible for injury prevention, workplace safety education, and health programs across the province. It operates under the WCB's umbrella, integrating prevention efforts with the insurance system to reduce workplace injuries and associated claim costs.

## Related profiles

- [Workers' Compensation Board of Alberta](https://altss.com/profile/workers-compensation-board-of-alberta)
- [Workers Compensation Board of Nova Scotia](https://altss.com/profile/workers-compensation-board-of-nova-scotia-wcb-nova-scotia)

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

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