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WSIB has announced today that 2014 premium rates for employers will not be increased
WSIB decided to carry over the current premium rates for all employers through 2014, with no increases or decreases for any rate group.
Under Workplace Safety and Insurance Act, the Maximum Insurable Earnings Ceiling for determining benefits and premiums is set each year based on the July average industrial wage for Ontario from Statistics Canada. The ceiling for 2014 is $84,100. This is an increase of 1.1 per cent from $83,200 in 2013.
Click here to confirm your 2014 rate group premium. |
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