Ontario WSIB rates to climb for trucking
TORONTO, ON - Some Ontario fleets will see a bump in their Workplace Safety and Insurance Board (WSIB) premiums for 2018. The rise in rates were announced at the group's annual general meeting Set. 20, while WSIB also announced a drop in rates for other industries, totaling about $760 million combined for 2017 and 2018. Warehousing is among those seeing a cut, with a 7.5% decrease in premium rates from $2.95 per $100 of insurable earnings in 2017, to $2.73 per $100 of insurable earnings in 2018. The rates for general trucking, couriers, and waste materials recycling, however, will go up.