Impending Changes of Legislation: Canada: Ontario's WSIB's New Rate Framework and Premium Freeze for Non-Profits As of 1 January 2020, Ontario's Workplace Safety and Insurance Board (the "WSIB") will be replacing its current Schedule 1 employer classification system and premium and experience rating programs with a new "Rate Framework". Under the Rate Framework, experience rating programs will be eliminated and employers will instead pay prospective and fluctuating premium rates based on their individual claims experience. As of 25 September 2019, the WSIB started notifying employers of their new 2020 premium rates. This same day, the Ontario Government announced a five-year SIB premium freeze for all non-profits operating in the province » Read More
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