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WSIB premium rates to be reduced in 2027 as businesses face trade uncertaintyWSIB

The Workplace Safety and Insurance Board (WSIB) announced today the average premium rate for Ontario businesses in 2027 will be reduced to $1.18 per $100 of insurable earnings, down from $1.23 in 2026, and from $2.35 in 2018. Ontario’s average premium rate will now be almost 30 per cent below the national average. The 2027…

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