WorkSafeBC announces 2017 rates

Sources: www.worksafebc.com/en/insurance/know-coverage-costs/industry-premium-rates/2017-rates

WorkSafeBC announces that the average base rate for 2017 is dropping from 1.70% to 1.65% of employers' assessable payroll.

Lower claims costs, and strong investment returns, have enabled us to lower the average rate for 2017.

Together with worker and employer stakeholders, we're working to reduce serious injuries and enhance return-to-work opportunities. In doing this, we can collectively help to prevent injuries, improve return-to-work outcomes, and ultimately lower insurance rates.