WCB rates going down in B.C., Alberta

Employers, workers and labor organizations have "stepped up to make sure people aren’t getting hurt"
|hrreporter.com|Last Updated: 03/29/2005

Most Alberta and British Columbia employers will see a reduction in workers’ compensation premiums next year.

“In 2005, 83 per cent of Alberta employers will see a decrease in their industry premium rate,” said Guy Kerr, president and CEO of Alberta’s Workers’ Compensation Board, in announcing the 7.6 per cent rate decrease from $1.98 to $1.83 per $100 of insurable earnings.

“Safer workplaces and positive return-to-work outcomes are key factors contributing to lower premium rates.”