Jeff Lang, president and CEO of the WSIB

WSIB cuts premium rates to lowest level in 50 years for Ontario businesses

by Safety News Canada September 26, 2025

written by Safety News Canada September 26, 2025

The Workplace Safety and Insurance Board will reduce average premium rates for Ontario businesses to $1.23 per $100 of insurable payroll in 2026, down from $1.25 in 2025, the agency announced Friday. The rate cut will save businesses $60 million compared to 2025 rates, according to the WSIB. The red...

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WSIB cuts premium rates to lowest level in 50 years for Ontario businesses

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