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.
WSIB registration is more important for small businesses and start-ups to provide financial security in the event of a workplace accident.