How the WSIB is Transforming Premium Rate Setting for Ontario Businesses
On January 1, 2020, the WSIB ushered in a new era of enhanced transparency and clarity in premium rate setting for almost 300,000 businesses across Ontario. Our new premium rate-setting model introduces new classifications for businesses, provides greater foresight into future rate changes and more insight around how your premium rate is set and adjusted. To ensure a smooth transition to the new model, all premium rate changes will be staggered over three years. Speaker [...]