Surplus rebate for businesses
No fixed amount
Rebate
Description:
The Ontario government is keeping costs down for workers and businesses by giving back over $2.5 billion by rebating Workplace Safety and Insurance Board (WSIB) surpluses to hundreds of thousands of safe employers, reducing business premium rates and investing in keeping workers healthy and safe. These ground-breaking measures will pump billions of dollars back into the economy, helping to rebuild Ontario’s economy and support workers.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must:
1. have an active account and premium payment obligations as of November 1, 2024
2. had premium obligations in 2023
3. have not been convicted of a Workplace Safety and Insurance Act or an Occupational Health and Safety Act offence in a proceeding under Part III of the Provincial Offences Act, in 2024 or in 2025 up to and including the date the WSIB issues a surplus rebate
4. have not been convicted in more than one such proceeding under the Workplace Safety and Insurance Act, or have not been convicted in more than one such proceeding under the Occupational Health and Safety Act, between 2020 and 2025 up to and including the date the WSIB issues a surplus rebate
5. have not had a traumatic workplace fatality attributed to the organization in 2024 or in 2025 up to and including the date the WSIB issues a surplus rebate, or have not had more than one traumatic workplace fatality attributed to the organization between 2020 and 2025, up to and including the date the WSIB issues a surplus rebate
6. must not be affiliated through common ownership with a business that:
a. is ineligible to receive a surplus rebate based on the convictions criteria outlined, and
b. has a traumatic workplace fatality attributed to them between 2020 and 2025, up to and including the date the WSIB issues a surplus rebate
Application Steps:
Applicants must email employeraccounts@wsib.on.ca if you think your business is eligible for a surplus rebate, but haven’t received a credit on your account by March 13, 202
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice