Ontario Government makes stunning announcement regarding WSIB Rebates and Rates

In a press release from the Premier’s Office on November 21, 2024, the Ontario government has announced that starting in 2025, employers in the province will be rebating money back to safe employers, keeping premiums down for businesses, and investing in health and safety initiatives to build a stronger, safer Ontario. Here's what was announced:

2 Billion in Rebates for Safe Businesses

Eligible employers will start receiving one-time WSIB rebates in February 2025. For a small construction business with 50 employees, this could mean rebates of up to $46,000.

Lower Premium Rates, Bigger Savings

Starting in 2025, WSIB premiums will drop to $1.25 per $100 of insurable payroll — the lowest rate in 50 years. This cut will save businesses an estimated $150 million annually.

$400 Million for Health and Safety Programs

Enhancing mental health support, preventative care, and recovery services for workers. This includes expanding partnerships with 11 public hospitals to ensure workers get timely and accessible care.

Supporting Skilled Trades Apprentices

By removing the $150 fee for first-time Certificate of Qualification exams, the government is making it easier to kickstart careers in the trades.

New $1,000 Safe Business Bonus

Starting in 2025, businesses creating a WSIB-approved workplace health and safety action plan will earn a bonus, building on the $68 million in rebates the WSIB’s Health and Safety Excellence program has already delivered since 2019.

About atworkCare

atworkCare is in the forefront of helping employers build, maintain and improve workplace health, safety and disability management. Our clients benefit from our over two decades of experience in the field, with services ranging from consulting and coaching to integrated case management software.

This announcement is good news for our clients, who will benefit significantly from this announcement by the Ontario government – and so should most of the province’s employers. Keep up the good work Ontario!

Recommended For You

Picture

Top Employee Engagement Solution in Canada 2023

We are thrilled to announce that atworkCare has been named the Top Employee Engagement Solution Provider in Canada for 2023 by HR Tech Outlook magazine!

Read more
Picture

Our e-Learning Centre – Coming Soon in 2024!

It is no secret that atworkCare is the best application for managing workplace disability. With time saving features, easy-to-use templates and access to real-time data, we continue to exceed the expectations of our clients.

Read more
Picture

Worker dies every 15 seconds on this International Day of Mourning

April 28th is the International Day of Mourning, which is observed to honour and remember workers who died due to workplace accidents, injuries and diseases.

Read more