How much does workers' compensation insurance coverage cost?

Workers' compensation insurance coverage costs vary by province. The cost of coverage is based on the relevant industry base premium rate, the employer’s assessable payroll, and its net experience rating. For 2021, the premium rate for the province of British Columbia is $0.21 per $100, Alberta $0.23 per $100, Nova Scotia $0.42 per $100, and Ontario $1.67 per $100.