TORONTO — The Workplace Safety and Insurance Board (WSIB) has announced the return of another $2 billion in surplus funds to eligible Ontario businesses, which is the second surplus distribution this year and the third in the WSIB’s history.
“Uncertainty is an enemy of business and Ontario businesses deserve certain relief in these uncertain times,” said Jeff Lang, WSIB president and CEO, in a statement. “There’s no better time to offer Ontario businesses this needed rebate relief.”
As of Oct. 31, all “safe” Ontario businesses received their share of the $2 billion fall 2025 surplus rebates. For the average business it works out to about 61 per cent of the premiums they paid in 2024 being returned to them, the release notes.
This news comes after the board announced previously the average premium rate will be cut for the seventh time in the last 10 years, starting Jan. 1, 2026. The average rate is now less than half of what it was in 2016 and the lowest in more than 50 years.
“Our job is to help people recover and safely return to work after an injury, and we’re doing it better than ever,” added Lang. “This means we’re able to offer certainty to people that we’ll be here to help if they need us, and certainty to businesses that we’re offering value for the premium dollars they pay and are able to deliver a surplus rebate at a time when they need it most.”
More information can be found at wsib.ca/rebate.
