WCB Announces 2021 Rates
The WCB Board of Directors approved the 2021 premium rates. The 2021 average premium rate will remain $1.14 in lieu of changing conditions in the market, COVID-19 and economic challenges for Alberta’s businesses. The actual required rate for 2021 is estimated at $1.36 which according to the WCB creates a funding gap of 22 cents. This gap will be covered by the Accident Fund.
You can find out more information about your industry rates at the following links:
- 2021 Premium Rate Overview Presentation
Presentation to the Industry Taskforce
- 2021 premium rates employer highlight sheet
An overview of the 2021 premium rates.
- 2021 premium rates by sector and rate group
A breakdown of the 2021 premium rates by sector and rate group.
- Premium rate guide
This guide provides you with a basic understanding of the process we use when setting premium rates.
- Pricing guide
This guide provides you with an overview of WCB’s pricing programs and what they mean for you.
- Look up rates from previous years
Rate information from 2016-2020.
Edit: WBC has an update regarding the 2020 deferral program please read: