Fill out the Purchase Certificate Worksheet (Form 1238A) . You will need: WSIB account numbers for both parties. A list and value of the assets being purchased. A copy of the purchase agreement.
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If you need to prove a contractor is insured for a job: Clearance Certificate . If you need to prove your own business insurance for equipment: eCertificate . wsib purchase certificate
The most likely match is a .
Under Section 146 of the Workplace Safety and Insurance Act (WSIA), if you purchase all or part of a business, you automatically become liable for any amounts the seller owes to the WSIB at the time of the transaction. Obtaining this certificate effectively "waives" the WSIB's right to pursue you for those pre-existing debts. When Do You Need One? Fill out the Purchase Certificate Worksheet (Form 1238A)
A purchase certificate is typically required for where you are acquiring physical or intangible assets (like equipment, client lists, or inventory) from an existing employer. You do NOT need a purchase certificate for:
If you are an employer looking to (machinery, vehicles, etc.) and are concerned about insurance costs, you might be looking for an eCertificate . A copy of the purchase agreement
A WSIB purchase certificate is only valid for from the date of issue. If your transaction is delayed and does not close within that window, you must request a new certificate to ensure you remain protected. Difference Between Purchase and Clearance Certificates
It sounds like you're referring to a document or process related to the in Ontario, Canada.