We're lowering the average premium rate for Ontario businesses in 2025 to $1.25 per $100 of insurable payroll, the lowest it has been in more than 50 years.
The 2025 decrease means we’ve cut the average premium rate by more than 50 per cent over the last decade, resulting in cumulative savings for businesses of approximately $18.6 billion since 2017.
Compared to 2024 alone, Ontario businesses will save approximately $150 million, which can be invested in new jobs, technology, and health and safety improvements.
Accessing your rate(s)
Your 2025 premium rate(s) is now available exclusively online.
You can sign up for an online services account now, or check out our online services FAQs for a step-by-step guide.
If you already have an online services account, log in and select ‘view your statements’ to sign up for online statements.
Understanding your 2025 rate(s)
Your 2025 premium rate preview provides you with the following information:
- your North American Industry Classification System (NAICS) classification
- your rate, which is the actual rate you will pay and use to calculate your 2025 premiums throughout the year
- your projected rate, which gives the future direction, up or down, that your premium rate is headed if there is no change in your individual and class experience from year-to-year
Your premium rates for 2025 are set using claims and insurable earnings data as of April 30, 2024. We assign new businesses the class rate of the class/subclass in which they’re placed based on their business activity.
Businesses with projected premium rate increases or decreases will see their rates move up or down a maximum of three risk bands each year from their prior year risk band (approximately 15 per cent),* until they reach their projected premium rate.
*Please note: In rare circumstances, risk band movement may result in a rate change lower or greater than the approximate percentage indicated. Please review our premiums and payment FAQs for more information. The risk band movement approach does not apply to non-profit organizations. Please review our premiums and payments FAQs or non-profit organization policy, for more information.
Maximum insurable earnings
The maximum insurable earnings ceiling for 2025 is $117,000, compared to $112,500 in 2024. Changes to the maximum insurable earnings ceiling are directly linked to changes in average earnings in Ontario as measured by Statistics Canada, and provisions under the Workplace Safety and Insurance Act.
| Class | Class description | 2025 Class rates ($) |
|---|---|---|
| A | Agriculture | 1.90 |
| B | Mining, Quarrying and Oil and Gas Extraction | 1.93 |
| C | Utilities | 0.64 |
| D1 | Educational Services | 0.37 |
| D2 | Public Administration | 3.42 |
| D3 | Hospitals | 1.07 |
| E1 | Food, Textiles and Related Manufacturing | 1.30 |
| E2 | Non-Metallic and Mineral Manufacturing | 2.01 |
| E3 | Printing, Petroleum and Chemical Manufacturing | 1.07 |
| E4 | Metal, Transportation Equipment and Furniture Manufacturing | 1.76 |
| E5 | Machinery, Electrical Equipment and Miscellaneous Manufacturing | 1.20 |
| E6 | Computer and Electronic Manufacturing | 0.29 |
| F1 | Rail, Water, Truck Transportation and Postal Service | 3.45 |
| F2 | Air, Transit, Ground Passenger, Recreational and Pipeline Transportation, Courier Services and Warehousing | 1.42 |
| G1 | Residential Building Construction | 2.32 |
| G2 | Infrastructure Construction | 1.74 |
| G3 | Foundation, Structure and Building Exterior Construction | 3.52 |
| G4 | Building Equipment Construction | 1.49 |
| G5 | Specialty Trades Construction | 2.15 |
| G6 | Non-residential building Construction | 1.57 |
| H1 | Petroleum, Food, Motor Vehicle and Miscellaneous Wholesale | 1.46 |
| H2 | Personal and Household Goods, Building Materials and Machinery Wholesale | 0.75 |
| I1 | Motor Vehicles, Building Materials and Food and Beverage Retail | 1.20 |
| I2 | Furniture, Home Furnishings, Clothing and Clothing Accessories Retail | 0.88 |
| I3 | Electronics, Appliances and Health and Personal Care Retail | 0.35 |
| I4 | Specialized Retail and Department Stores | 0.95 |
| J | Information and Culture | 0.41 |
| K | Finance, Management and Leasing | 0.78 |
| L | Professional, Scientific and Technical | 0.18 |
| M | Administration, Services to Buildings, Dwellings and Open Spaces | 1.35 |
| N1 | Ambulatory Health Care | 1.57 |
| N2 | Nursing and Residential Care Facilities | 2.07 |
| N3 | Social Assistance | 1.40 |
| O | Leisure and Hospitality | 0.95 |
| P | Other services | 1.27 |
Non-exempt partners and executive officers in construction
Non-exempt partners and executive officers in construction classified under rate group 755 in our previous rate-setting model continue to receive a separate premium rate. This premium rate reflects the low risk of their work in comparison to the rest of the construction industry. The same premium rate is assigned to all non-exempt partners and executive officers in construction in a given year, although they are classified under any one of the six construction subclasses depending on the operations of their construction business. The 2025 rate for this group is $0.17.