WCB announces proposed 2020 average employer premium rate
Average preliminary rate will remain at $1.17
Recent amendments to the Workers' Compensation Act
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Amendments to The Workers’ Compensation Act, 2013 came into effect on Aug. 1, 2025.
These amendments make Saskatchewan a leader in ensuring wildland firefighters have access to presumptive cancer coverage, expanding coverage in some cases for out-of-province workers and assuring that licensed health-care providers practicing outside Saskatchewan are recognized to provide service to workers.
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WCB announces proposed changes to 2019 average premium rate
Average preliminary rate suggests a 1.7% decrease from 2018
- Saskatchewan’s 2019 preliminary employer premium rate decreases for 12th consecutive year
- 2019 proposed average premium rate is expected to decrease to $1.17 from $1.19 in 2018
- 42.5% of Saskatchewan employers will see a decrease or no change to their 2019 premium rate
- Premium rates for 57.5% of employers will increase next year
- 2019 proposed premium rate reflects the WCB’s complete transition to the enhanced rate model that was implemented in 2018WCB rate setting information sessions
Every fall, the Saskatchewan Workers’ Compensation Board (WCB) holds two public rate setting information sessions for the coming year.
Facts about the WCB’s Funded Position
Recently, the Canadian Federation of Independent Business (CFIB) issued a press release referencing their own research document where they suggest that WCB’s across the country “are holding onto $6.8 billion in extra money.”
Average preliminary rate suggests a 4% decrease from 2017
Average preliminary rate suggests a 4% decrease from 2017, making it the lowest rate in over 30 years
- WCB expects the 2018 proposed average premium rate to be the 3rd lowest in Canada.
- The 2018 proposed average premium rate is expected to decrease to $1.19 from $1.24 in 2017.
- 94% of Saskatchewan employers will see a decrease or no change to their 2018 premium rate.
- In 2017, the Board approved the transition to the WCB’s enhanced rate model. The 2018 premium rates reflect the rate model transition.WCB approves 2017 employer premium rates
The Saskatchewan Workers’ Compensation Board (WCB) approved the 2017 average employer premium rate for 48,357 employers covered by workers’ compensation. Employer premium rates have dropped from the 2016 average rate of $1.34 to $1.24, which is a 7.5 per cent decrease.
WCB proposes drop in 2017 premium rates
7.5 per cent decrease from last year makes it lowest rate in over thirty years (since 1986)