WSIB to give Ontario employers $2B in surplus funds

Ontario Premier Doug Ford says eligible businesses volition beryllium getting a stock of $2 cardinal that the Workplace Safety and Insurance Board is returning owed to a surplus.

This marks the 2nd clip the WSIB has fixed a surplus backmost to employers, having distributed $1.2 cardinal successful 2022.

Businesses are eligible if they person not been convicted much than erstwhile nether the Workplace Safety and Insurance Act oregon the Occupational Health and Safety Act since 2020.

As well, the WSIB is cutting the mean premium complaint employers wage from $1.30 to $1.25 per $100 of insurable payroll.

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A caller WSIB Health and Safety Excellence programme volition besides springiness $1,000 to employers that make a caller wellness and information enactment program done the program.

Ford besides announced that the state is removing a $150 interest for apprentices taking their archetypal Certificate of Qualification exam, which helium says volition marque it easier for radical to commencement careers successful the trades.