Hey fellow wcr’s I fear I might have to close up shop (residential at least). Starting in 2013 the Government of Ontario, Canada is making WSIB (workplace safety and insurance board) MANDATORY for anyone that falls under the classification of construction. This applies to people who are independent operators and owner/operators. To put this in perspective I already have to charge 13% tax -HST- and now WSIB will require me to pay another 18% in WSIB!!!
How can I stay in business legally? In 2 years that means my bill will have grown by 31% WHILE I DON’T MAKE AN EXTRA CENT!
on a side note: I actually find having WSIB coverage helps me, mainly on the commercial side. More and more companies are asking for proof of coverage. This actually weeds out a ton of the compititon because they don’t have the proper coverage.
Well looks like I’m being affected by this new WISB rule. I have a construction company holding my check for work I did for them fixing screens. Until I provide proof of WSIB or WSIB clearance, they can’t release it. law also states that any subcontractors THEY work with must comply or they can get in trouble.
I’m calling WSIB on Monday to get this all straighten out.
Funny thing is, this new rule is the governments way of leveling the playing field and combatting the underground economy. But the ones these new rules hurt are independent contractors like me who got private disability insurance and liability insurance to operate lawfully and responsibly. The underground economy is still going to go by a “don’t ask, don’t tell” methodology. In a way it’s like the gun registry. Criminals won’t register their guns. Duh!