What the WSIB announced
On October 22, 2026, the WSIB said its average premium rate for 2027 will be $1.18 per $100 of insurable earnings, down from $1.23 in 2026.
The WSIB says more than 80 per cent of businesses will receive a rate cut. Individual 2027 premium rate statements will be available only through the WSIB website, starting in November.
The release also points businesses to the WSIB's Health and Safety Excellence program, which pays rebates to businesses that complete workplace health and safety topics.
Source
- Organization
- Workplace Safety and Insurance Board (WSIB)
- Original
- WSIB premium rates to be reduced in 2027 as businesses face trade uncertainty
- Published by the source
- Published here
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