New businesses - what you need to know

Welcome to the WSIB

Now that you have registered with the WSIB, there are a few things that you’ll need to know to get started:

Here’s what you need to know to stay up-to-date with us

Premiums and payment

Your premium rates are based on the shared risk profile of all the businesses in your class, as well as your business’ risk in relation to other businesses in your class.

Paying premiums is a two-step process:

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1. Report your premiums

Use our our online service for premium reporting service to accurately calculate and report your payroll information. Even if your payroll is zero, you must report. Learn more about calculating premium payments.

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2. Pay premiums

Use our our online services to pay your reported premium by credit card (Visa or MasterCard), debit (Interac online), Visa/MasterCard debit, or pay online through your financial institution. See more information about reporting and payment frequency.

See details about premiums and payment.

Keep track of your transactions

Our online service for account and claim statements service gives you accurate and timely details on your WSIB account transactions. View and download your statements, including an archive of up to 18 months.

Clearance

A clearance is a unique number issued by the WSIB that shows that a business, contractor or subcontractor is registered and up to date with us, including keeping current with premium payment and reporting. You can get and manage clearances online. Most newly registered employers requiring a clearance certificate at the time of registration will need to make an initial advance payment of $250. This payment is applied to your WSIB account as a credit and will be applied towards your future premiums.

Use our online services for clearances to manage clearances.

 

If a workplace injury or illness happens

Each day across Ontario, people work in offices, construction sites, factories, warehouses and farms safely. But when a workplace accident happens, we are here to help.

As an Ontario business, you must pay your employee for the full day on the day of the incident and submit an Employer's Report of Injury/Disease form 7 online within three days of being notified of their injury or illness, if your employee:

  • needs more than first aid
  • is absent from work,
  • earns less than regular pay, or
  • requires modified work for more than seven days

If a fatal or catastrophic workplace accident occurs, call us at 1-800-387-0750. See injury or illness reporting for details and check our self-evaluator tool help you:

Make sure we stay informed

It’s important that you let us know of any changes to your business within 10 calendar days.

This includes changes in:

  • Ownership
  • Your legal, trade or business name
  • Address and phone number
  • The type of work your business does
  • Or, if you stop employing all of your employees, or your business closes

See more information about ownership types and changes.

Some helpful links

  • Keeping your team safe and healthy at work is good for business. Our new Health and Safety Excellence program integrates the strengths of our previous incentive programs into one and provides a clear roadmap for you to improve safety in your workplace. Helping small businesses instill a culture of health and safety is our priority. Visit our small business services page to find out what tools we have available to support your small business.
  • Good mental health is key to having healthy and productive workplaces in Ontario. See more information about Chronic Mental Stress  and learn about preventing work-related chronic mental stress.