When I do my quote, I always add 7.5 per cent extra for the "work permit" (WSIB)Canadian Contractor Insurance
"In my case I do flooring and I have to pay $7.50 to WSIB for each $100 I make."
Matt posted this comment, in regards to WSIB fees. A flooring contractor, he says it adds his 7.5 per cent WSIB as a line item in his quotes as “work permit.”
Some of you guys got it wrong, you don’t have to lower your living standard to have enough money to pay to WSIB. All you have to do is to jack up your labor prices to make up for what you have to pay to WSIB.
First of all don’t call it an insurance, just call it work permit, that’s all it is. No clearance certificate = no work, so it is a work permit.
Look in a dictionary: word “clearance” means “permission.”
Insurance is when you are covered 24/7, on vacation, weekends, days, nights, etc.
When I do my quote, I always add 7.5 per cent extra for the work permit. You call it WSIB insurance I call it work permit.
In my case I do flooring and have to pay $7.50 to WSIB from each $100 I make.
I know that different trades have different rates, but they should charge accordingly to make up for whatever they have to pay to WSIB.
If all of us guys will follow this practice, things will change, because now prices of houses will go up.