2024 Workers Comp Rates Across Canada
Nova Scotia has the highest workers comp premium rates in Canada and Manitoba the lowest.
Nova Scotia has Canada’s highest average workers comp premium rates at $2.65 per $100 assessable payroll, followed by Northwest Territories/Nunavut ($2.40) and Yukon ($2.09). Manitoba employers will continue to pay the least in workers comp assessments at $0.95. New Brunswick has the second lowest rates at $1.18, followed by Prince Edward Island at $1.25 and Saskatchewan at $1.28.
Most jurisdictions, including BC, Manitoba, Nova Scotia, Ontario and the 3 territories are keeping their workers comp premium rates the same in 2024. New Brunswick, Prince Edward Island and Quebec are cutting premium rates. Rates are going up in Alberta and Newfoundland. Meanwhile, annual maximum assessable earnings per employee are increasing in accordance with inflation in all jurisdictions.
2024 Workers Comp Rates by Jurisdiction
| Jurisdiction | 2024 Average Assessment (per $100 payroll) |
2023 Average Assessment (per $100 payroll) |
2024 Maximum Assessable Earnings | 2023 Maximum Assessable Earnings | 2024 Payroll Reporting Deadline |
|---|---|---|---|---|---|
| Alberta | $1.36 | $1.26 | $104,600 | $102,100 | Feb. 29 |
| British Columbia | $1.55 | $1.55 | $116,700 | $112,800 | Feb. 29 – March 31* |
| Manitoba | $0.95 | $0.95 | $160,510 | $153,380 | Feb. 29 |
| New Brunswick | $1.18 | $1.31 | $76,900 | $74,800 | Feb. 29 |
| Newfoundland Labrador | $1.73 | $1.69 | $76,955 | $72,870 | Feb. 29 |
| Nova Scotia | $2.65 | $2.65 | $72,500 | $69,800 | March 31 |
| Ontario (Schedule 1) |
$1.30 | $1.30 | $112,500 | $100,422 | March 31 |
| Prince Edward Island | $1.25 | $1.37 | $78,400 | $60,000 | Feb. 29 |
| Québec | $1.48 | $1.50 | $94,000 | $91,000 | March 15 |
| Saskatchewan | $1.28 | $1.28 | $99,945 | $94,440 | Feb. 29 |
| Northwest Territories & Nunavut | $2.40 | $2.40 | $110,600 | $107,400 | Feb. 29 |
| Yukon | $2.09 | $2.09 | $102,017 | $98,093 | Feb. 29 |
Note:
*In BC, filing deadlines are staggered among Feb. 28, March 15 and March 31 based on the final 2 digits of the employer’s account number