The Ontario government is delivering significant financial relief for workers and businesses by rebating over $2.5 billion in Workplace Safety and Insurance Board (WSIB) surpluses, cutting premium rates, and investing in health and safety initiatives. Premier Doug Ford emphasized that these actions aim to reduce costs and keep more money in workers’ pockets while fostering a competitive economic environment. Key measures include returning $2 billion to safe businesses starting in February 2025, lowering the WSIB premium rate to its lowest level in 50 years, and allocating $400 million to enhance health and safety programs. The government is also removing fees for apprenticeship exams and introducing a new Safe Business Bonus to incentivize workplaces to prioritize safety. These initiatives are part of ongoing efforts to support workers and businesses, building a stronger, healthier Ontario for all.
