Working with CRFA: WSIB holds the line on premiums
(Jul. 5/11) CRFA is pleased to announce the Workplace Safety and Insurance Board (WSIB) has confirmed premiums will be frozen for Ontario restaurant operators in 2011 through 2012. Per its commitment last fall, WSIB’s average premium rate increase will be two per cent.
Premium Rates
| Rate Group | Description | 2012 Premium Rate | 2011 Premium Rate | Premium Rate Change as % of 2011 Payroll |
| 919 | Restaurants and Catering | $1.68 | $1.65 | 0 |
Note: 2012 premium rates have been calculated based on a two per cent increase across all rate groups, rounded to the nearest cent.
Last fall, WSIB accepted CRFA’s recommendation for a large-scale review of the funding model, announcing a funding review chair and advisory committee. CRFA continues to participate in the WSIB funding review as part of our ongoing efforts to hold WSIB senior management accountable and ensure greater transparency and good governance.
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