WSIB Premium Rates to Be Reduced in 2027 as Businesses Face Trade Uncertainty - OHS Canada Magazine

New WSIB premium cuts are a further insult while layoffs harm services for injured workers

TORONTO -- Workers at the Workplace Safety and Insurance Board (WSIB) are shocked at the Ontario government’s decision to further reduce WSIB premium rates for bosses while injured workers continue to face the consequences of long-standing cuts to their compensation and WSIB’s own employees face needless layoffs.

WSIB premium rates to be reduced in 2027 as businesses face trade uncertainty - OHS Canada Magazine

Ontario’s Workplace Safety and Insurance Board (WSIB) has announced the average premium rate for the province’s businesses in 2027 will be reduced to $1.18

WSIB Premium Rates To Be Reduced In 2027 As Businesses Face Trade Uncertainty

The Workplace Safety and Insurance Board (WSIB) announced today the average premium rate for Ontario businesses in 2027 will be reduced to $1.18 per $100 of

Ontario saving traders $160m as WSIB lowers premiums 2026

ETOBICOKE — Ontario is continuing to lead the country in lowering costs for businesses, with the Workplace Safety and Insurance Board (WSIB) decreasing the average premium rate from $1.23 to $1.18 per $100 of insurable payroll for more than 80 per cent of premium paying businesses in 2027. Ontario returned $4 billion in WSIB rebates This reduction will save employers a ... The post Ontario saving traders $160m as WSIB lowers premiums first appe…