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WSIB to give Ontario employers $2B in surplus funds

Published Nov 21, 2024 at 7:17pm

The Canadian Press
By
The Canadian Press
WSIB to give Ontario employers $2B in surplus funds
Ontario Premier Doug Ford addresses the US-Canada Summit in Toronto on June 11, 2024. Ford says eligible businesses will be getting a share of $2 billion that the Workplace Safety and Insurance Board is returning due to a surplus. THE CANADIAN PRESS/Chris Young

Ontario Premier Doug Ford says eligible businesses will be getting a share of $2 billion that the Workplace Safety and Insurance Board is returning due to a surplus.

This marks the second time the WSIB has given a surplus back to employers, having distributed $1.2 billion in 2022.

Businesses are eligible if they have not been convicted more than once under the Workplace Safety and Insurance Act or the Occupational Health and Safety Act since 2020.

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