WSIB to cut or freeze all 2020 rates!

I know that not all my clients have to have WSIB coverage, but thought I’d share this recent article that I received.

Great news for business owners in Ontario: The WSIB will cut 2020 premiums by an average of 17%! This means that $607-million can stay in the province’s businesses, instead of going to the government….

How do I find out my new rate group?

Please keep an eye on your mailbox! The WSIB sent information to every business that pays WSIB premiums. Each customized statement includes your new rate class, your 2020 rate, your projected rate, and details on the WSIB’s transition approach.