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				Trucking WSIB rates increase
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					Posted: 
					
						Jun 27, 2008 12:09 PM
					
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					Last Updated: Mar 27, 2012 09:20 AM
				
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				<p>TORONTO -- After enjoying decreases the last two years, Ontario truckers will see a modest hike to their Workplace Safety and Insurance Board (<a target="_blank" href="http://www.wsib.on.ca">WSIB</a>) premiums in 2009.</p>
<p>The WSIB Board of Directors <a target="_blank" href="http://www.wsib.on.ca/wsib/wsibsite.nsf/public/PremiumRates2009">has decided</a> to keep the 2009 average premium rate at $2.26 -- unchanged from 2007 and 2008. However, general trucking has been bumped up 1.6 percent, to $5.79/$100 of insurable salary from $5.70. Last year the rate was dropped by nearly 15 cents.</p>
<p>Couriers, though, will see another slight reduction -- to $2.43 from $2.48, which is a 2 percent drop. Warehousing will also experience a 1.5 percent decrease from $2.68 to $2.64.</p>
<p>After winning reductions on behalf of the industry the last two years, the <a target="_blank" href="http://www.ontruck.org">Ontario Trucking Association</a> predicted that the WSIB would probably hike premiums in the coming years because of cost pressures.</p>
<p>The preliminary WSIB maximum insurable earnings ceiling for 2009 is $75,100. The final maximum insurable earnings ceiling will be set based on the April preliminary average weekly earnings aggregate, which will be published by Statistics Canada in July.</p>
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