News ReleaseMinistry of Labour, Immigration, Training and Skills DevelopmentOctober 22, 2026
Most Ontario employers will pay lower WSIB premiums in 2027
More than 80% of premium-paying businesses are expected to see a lower rate starting January 1, 2027, saving employers $160 million in total.
Summary
The WSIB's average premium rate will fall to $1.18 per $100 of insurable payroll on January 1, 2027, from $1.23 in 2026. More than 80% of premium-paying businesses are expected to receive a rate cut.
- Total employer savings: $160 million in 2027
- Rate statements: Businesses can view their individual 2027 rates through WSIB online services starting in November 2026
- The release says Ontario's average WSIB rate is nearly 30% below the national average.
Related links
- WSIB's online serviceswsib.ca
- small business corporate income tax ratenews.ontario.ca
- Ontario Together Trade Fundontario.ca
- Canada–Ontario Workforce Tariff Responsenews.ontario.ca
- 2026 Ontario Budget: A Plan to Protect Ontariobudget.ontario.ca · PDF
- Ontario Expanding Eligibility for Tariff Support Programsnews.ontario.ca
- Ontario Expanding and Diversifying International Trade Linksnews.ontario.ca
- Ontario Taking Next Steps to Unlock Free Trade Within Canadanews.ontario.ca
- Skills Advance Ontarioontario.ca
Source: Ontario Newsroom