Registering with Workplace Safety and Insurance Board (WSIB)
is required for most businesses In Ontario within 10 days of hiring their first employee. Some types of businesses are exempted from mandatory registration with WSIB
based on the activities (Examples
are banks, insurance companies, hair salons (with exceptions), private schools or daycares, travel agencies, etc.) but many employers in these industries choose to register with the WSIB
anyways for protection to their workers.
registration is more important for small businesses and start-ups to provide financial security in the event of a workplace accident.