If you are an independent operator in the construction business, you may be impacted by new legislation introduced by the Provincial Government. Bill 119, the Workplace Safety and Insurance Amendment Act proposes to extend mandatory workers compensation coverage to independent operators, sole proprietors, partners in a partnership and executive officers of corporations in the construction industry.
Independent operators who are currently exempt from paying WSIB premiums will now be required to pay. The Bill does exempt home renovators.
The government has given minimal time for a full public review on this important issue. The OCC has urged the government to responsibly delay the legislation to ensure that it does not create a financial burden on small business operators in the construction industry.
The government has stated that mandatory WSIB coverage across the construction industry will combat the “underground economy”. The OCC has questioned whether this legislation will accomplish such an objective.
Currently, there are many small construction employers who hold insurance through private companies for themselves and their employees. Bill 119 will not permit private insurance as coverage.
The OCC does not support a legislated monopoly for WSIB on workplace insurance, but encourages competition in the marketplace and the ability of employers to choose from a wide range of options to achieve these results. The OCC has recommended that further study be undertaken to determine how much this proposed legislation will cost employers to ensure there will be no financial hardship incurred by small business operators.
For more information on this topic see the Burlington Post article at:
http://www.burlingtonpost.com/news/business/article/219556