The WSIB is an independent trust agency of the Ontario government operating at “arms-length” from the Ministry of Labour, Immigration, Training and Skills Development. Funded by employer premiums, we provide no-fault workplace injury and illness insurance for Ontarians.
We are governed by our Board of Directors as set out in the Workplace Safety and Insurance Act, 1997. Our Board consists of the Chair, the President and CEO, and seven to nine directors, who are appointed by the Lieutenant Governor in Council. The Board is responsible for our governance, setting strategic priorities, overseeing the achievement of objectives and managements’ overall performance.
Along with the Act, the
and theThese include:
- stewardship and strategic direction
- performance monitoring and reporting
- risk management and internal controls
Governance documents
- Bylaw No. 1
- Corporate Governance Policy
- Enterprise Governance Framework
- Funding and Pricing Policy
- Statement of Investment Policies and Procedures
Board of Directors
For questions or additional information relating to our Board of Directors, please contact our Corporate Secretary’s office.
Our organization
Read more information about our organization.
Board committees
We have four board committees that support the Board of Directors in meeting its fiduciary duties. They are the Audit and Finance Committee, Governance Committee, Investment Committee, and Service Excellence Committee. Each committee operates under a charter that sets out its responsibilities.
Committees | Frequency |
---|---|
Audit and Finance | At least quarterly |
Governance | At least quarterly |
Investment | At least quarterly |
Service Excellence | At least quarterly |
Board of Directors | At the call of the Chair with a minimum of four meetings per year in accordance with the Workplace Safety and Insurance Act |