Ford government to announce WSIB premium rebates for businesses
Posted February 16, 2022 9:28 am.
The Ford government is set to announce Wednesday that 300,000 Ontario businesses will get back 30 per cent of their WSIB premium payments, CityNews has learned.
Only “safe employers” with a good safety record will receive the money. For a business with 100 employees it could mean receiving $28,000.
A total of $1.5 billion in rebates as surplus Workplace Safety and Insurance Board (WSIB) premiums are being returned for the first time.
Surplus distribution was a key recommendation in an independent operational review of the WSIB.
“After decades of underfunding and mismanagement, Premier Ford and I are creating generational change at the WSIB to ensure it is working for workers,” said Monte McNaughton, Minister of Labour, Training and Skills Development.
“Today, we are getting cheques in the mail for businesses on Main street who need this relief so they can pay their workers more, create new jobs”
The Labour minister has announced a series of pro worker initiatives in recent months, including legally providing bathroom access delivery workers, and a pledge to bring health benefits to gig employees, and McNaughton is promising more to come.
“In the coming weeks, I will announce a series of unprecedented supports for the people of Ontario that continue to rebalance the scales in favour of workers.”