When it comes to WorkSafeBC, one of the most misunderstood issues we hear about from business groups is the surplus. Specifically, many small-business associations have been calling on WorkSafeBC to rebate the surplus back to employers since our funding level is above target. For background, the funding level is simply a ratio of assets over liabilities on a funding basis. …What is also not well understood is that WorkSafeBC has been returning significant amounts of surplus funds to employers annually to keep rates both stable and below the actual costs of the system. …The reality is that if WorkSafeBC refunded the entire surplus to employers we would no longer be able to price premiums below system costs, meaning rates would have to be raised in subsequent years. …Rate stability for employers is a priority for WorkSafeBC. Some sectors benefiting from rate reductions in 2026 include sawmills (down 40%), framing and residential forming (down 40%).