Recently the Ontario Gold Mines Compensation Committee met with the Workers’ Compensation Board (WCB) in Toronto to review proposed assessment rate increases for 1992.
While WCB is proposing a 2.9% increase in assessments for the gold group in 1992, the provincial government has raised the accessable earnings ceiling from $42,000 in 1991 to $50,414 in 1992. If the proposed rate is approved, gold mines will have to pay WCB 22.9% more next year.
The gold mining industry currently has 18 member companies compared with 23 in 1989. During the same period, the workforce has been reduced by about 20% to 4,638 employees.
The total injury frequency for the gold group has declined from 28.6 in 1989 to 26.2 in 1990.
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