Download PDF (619 ko )FSST and CSST Financial Statements 2007

10. Provision for Sick Leave and Vacation Time
Sick leave Vacation time Total Total
Balance, beginning of year 62,011 24,805 86,816 83,799
Expenditure for the year 10,842 20,986 31,828 32,676
Benefits paid during the year (10,879) (21,169) (32,048) (29,659)
Balance, end of year 61,974 24,622 86,596 86,816
11. Deposits in Trust
2007 2006
(in thousands of dollars)
Under the Workers’ Compensation Act (R.S.Q., chapter A-3), the CSST may, where it believes it
necessary, require a deposit from employers who are personally liable for the payment of benefits,
in order to ensure prompt payment of these benefits. Such deposits are held in trust by the CSST,
thereby enabling it to pay benefits to beneficiaries for whom these employers are responsible.
Employers who are personally liable for the payment of benefits also pay their share of the costs
incurred by the CSST for the administration of the Workers’ Compensation Act and the Act respecting
industrial accidents and occupational diseases (R.S.Q., chapter A-3.001). Under the Government
Employees Compensation Act (R.S.C., 1985, chapter G-5) and according to an agreement with
the Government of Canada, the latter and its agencies are considered to be employers who are
personally liable for the payment of benefits, and thus pay a deposit to the CSST for that purpose.
CSST Financial Statements
In addition to administering Québec’s occupational health and safety system, the CSST has also been
mandated to see to the administration of the Crime Victims Compensation Act (R.S.Q., chapter I-6)
and the Act to promote good citizenship (R.S.Q., chapter C-20). For both of these mandates, the
Government of Québec deposits with the CSST the sums the latter holds in trust to compensate beneficiaries
under these two acts and to cover the administrative expenses it incurs in this respect.
In all of the above cases, since they are fully borne by employers who are personally liable for
the payment of benefits, these and future benefits related to events that occurred at the end of the
year are not presented in the CSST’s income statement or in its balance sheet. However, the amounts
collected to finance the expenses incurred by the CSST for the administration of these acts are
offset against administrative expenses and the costs of financing administrative tribunals.
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