Ontario is opening up some cash to eligible businesses due to a surplus with the Workplace Safety and Insurance Board.
That was Premier Doug Ford.
He said this surplus of cash can go a long way, from a small business to a large operation.
The hope is that extra cash will go right back into the business to help boost the economy.
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.
In addition to this, Ford also made other announcements surrounding WSIB
- WSIB is cutting the average premium rate employers pay from $1.30 to $1.25 per $100 of insurable payroll.
- A new WSIB Health and Safety Excellence program have been created that will give $1,000 to employers that create a new health and safety action plan through the program.
- The province is removing a $150 fee for apprentices taking their first Certificate of Qualification exam
Written by Matt LeBlanc
