WSIB rates to hold steady in 2014

Truck News

TORONTO, Ont. — Ontario trucking firms won’t face a Workplace Safety and Insurance Board (WSIB) rate hike in 2014.

The Ontario Trucking Association (OTA) said it has been working with the province in an effort to get it to hold the line on premiums. Last year, trucking companies were hit with a 2.5% increase.

“While some initially thought there would be another increase in the 2014 rates, it appears that the WSIB has made progress on meeting its targets and has been able to add an additional $2.4 billion to the system from 2010-2013,” the OTA said in a release.

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