In the fall, we wrote about the WSIB’s new Rate Framework (read about it here). The public consultation on the draft policies, which was originally scheduled to end on October 13, 2017 and was extended to December 5, 2017 has been extended again to January 15, 2018.
During the consultation, the WSIB invites stakeholders to make submissions on the seven draft policies developed to support the implementation of the new Rate Framework. In response to the feedback that the WSIB has received since the policy consultation launched on August 14, 2017, the WSIB has provided an interim update on some key changes that stakeholders should consider in developing their submissions. Employers that wish to participate in this consultation can review the consultation materials, including the interim update, on the WSIB Rate Framework Policy Consultation page and provide their feedback to firstname.lastname@example.org.
The WSIB has committed to publishing the final policies to support the implementation of the new Rate Framework at least one year before they come into effect. The target implementation date for the new Rate Framework is January 1, 2020.
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