News brief

Ontario reduces 2027 workplace insurance premium rates

Ontario's Workplace Safety and Insurance Board announced on October 22 that its average employer premium rate will fall to $1.18 per $100 of insurable earnings on January 1, 2027, from $1.23 in 2026. The agency expects more than 80% of premium paying businesses to receive a reduction, but employers must check their individual rate statements when they become available in November.

Ontario's Workplace Safety and Insurance Board announced on October 22 that its average employer premium rate will fall to $1.18 per $100 of insurable earnings on January 1, 2027, from $1.23 in 2026. The agency expects more than 80% of premium paying businesses to receive a reduction, but employers must check their individual rate statements when they become available in November.

Original source: Workplace Safety and Insurance Board, October 22, 2026.

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