Overview

• What: Preliminary assessment premium rates for 2026
• Who: Employers in B.C.
• Why: The Workers Compensation Act requires WorkSafeBC to set premium rates annually for employers in order to pay for the workers’ compensation system
• Key topics: Rates, Employers

Summary

WorkSafeBC held general rate information sessions in July 2025. Feedback was accepted until September 30, 2025.

Session details

Our rate information sessions included a presentation followed by a question-and-answer period. The topics for the session focused on:

• The financial state of the workers’ compensation system
• Rate and classification changes
• How you, as an employer, can influence your rates through improved health and safety practices

Learn more

To learn more about how to reduce your premiums, and where to find tools to assist you, please see the following resources.

Here is a video explaining how we set rates:
WorkSafeBC Insurance: How Your Rates Are Set

This webpage goes into detail on rates and class:
How we set industry base premium rates

If you have questions about the sessions or the 2026 preliminary premium rates, or if you’d like to book a rate information session for your company or industry, email stakeholderrelations@worksafebc.com.