- The WCB remains fully funded with a sufficiency ratio of 123.5 per cent
- Total injury rate decreases to 3.68 per 100 workers
- Time Loss injury rate decreases to 1.66 per 100 workers, reaching a new record low
Regina, Sask., April 15, 2026 – The Saskatchewan Workers’ Compensation Board (WCB) tabled its 2025 annual report in the provincial legislature today, showing yet another decrease in the province’s workplace Total injury rate. For 2025, the Total injury rate was 3.68 per 100 workers, down from 3.91 per 100 workers in 2024.
Saskatchewan’s 2025 Time Loss injury rate and Total injury rate have set another record for the lowest in the province’s history. As well, the number of full-time equivalent workers covered by the WCB has reached a record high at 473,086, up from 443,344 in 2024.
“This report shows that Saskatchewan is moving in the right direction when it comes to workplace safety,” said Honourable Ken Cheveldayoff, Minister of Labour Relations and Workplace Safety. “Behind every statistic are real people, families and communities, and our government remains firmly committed to working with the Workers’ Compensation Board, employers and workers to prevent injuries and ensure everyone goes home safely at the end of the day.”
“This record-low Total injury rate reflects the strong commitment and shared effort of workers, employers, safety associations and labour organizations across Saskatchewan to make workplaces safer,” said Gord Dobrowolsky, WCB chair. “While this progress is encouraging, our focus remains clear. No one should be injured on the job, so there is still more work to do.”
The Workers’ Compensation Act, 2013 requires the WCB to remain fully funded, which means that it has the ability to cover the future costs of all claims in the system. In 2025, the WCB had a sufficiency ratio of 123.5 per cent, which is within the WCB’s sufficiency ratio range of between 100 and 140 per cent. The WCB’s sufficiency policy provides a structured framework of guidelines, metrics and targets to ensure the WCB maintains adequate funds to support required benefit levels while safeguarding against unforeseen claims and potential economic fluctuations.
In its annual report, the WCB provided financial highlights from its 2025 results, including:
- The WCB covered 473,086 full-time equivalent workers in 2025, compared to 443,344 in 2024.
- Claim costs were $362.7 million in 2025, up from $255 million in 2024.
- The WCB’s sufficiency ratio was 123.5 per cent at the end of 2025, compared to 137.5 per cent at year end in 2024.
- Due to increased payroll and the increased maximum assessable wage rate, the WCB reported premium revenues of $378.6 million in 2025, up from $355.8 million in 2024.
- The WCB reported investment income of $205 million in 2025, compared to investment income of $284.6 million in 2024. In 2025, the investment portfolio had a return of 8.6 per cent, down from a return of 12.9 per cent in 2024. Investment income includes realized income and unrealized gains or losses on investments during the year. Investment income can fluctuate significantly year to year as a reflection of the change in the market value of investments.
In 2025, the WCB continued its implementation of the Business Transformation Program. The program will modernize and replace outdated core and enabling technologies, update business processes and policies, invest in staff training and enhance the overall effectiveness of its programs and service delivery models.
“Our Business Transformation Program is reshaping how the WCB serves Saskatchewan to deliver a more responsive, seamless experience for customers while reinforcing the sustainability of the compensation system,” said the WCB’s CEO Phillip Germain. “By bringing together modern technology, streamlined processes, a strong workplace culture and deeper partner collaboration, we are building a service model designed for the future.”
In 2025, 89 per cent of Saskatchewan workplaces had zero fatalities and zero injuries, just slightly below the 90 per cent of workplaces with zero fatalities and zero injuries in 2024.
“Even as Saskatchewan sees a lower workplace injury rate, every incident still leaves a lasting mark on families, colleagues and workplaces,” said Germain. “That reminder strengthens our resolve to keep pushing for safer workplaces for every worker in this province.”
Injury data highlights in 2025 include:
- The number of workplace fatalities remained at 27, unchanged from 2024.
- The 2025 Total injury rate decreased to 3.68 per 100 workers from 3.91 per 100 workers in 2024. This is the lowest Total injury rate in Saskatchewan history.
- The 2025 Time Loss injury rate decreased to 1.66 injuries per 100 workers from 1.72 injuries per 100 workers in 2024. This is the lowest Time Loss injury rate in Saskatchewan history.
Also in 2025, the WCB, through the WorkSafe Saskatchewan partnership with the Ministry of Labour Relations and Workplace Safety, continued its commitment to workplace safety with the ongoing implementation of the 2023-2028 Fatalities and Serious Injuries Strategy.
Building on the foundation of the initial 2019 strategy, this strategy focuses on reducing serious injuries and eliminating fatalities in high-risk sectors such as health care, transportation and construction. The strategy also focuses on seven common issues affecting Saskatchewan workplaces, including motor vehicle collisions, asbestos exposure, falls, industrial ergonomics, machinery safety, violence prevention and psychological health. By actively engaging employers, workers, occupational health and safety representatives, and key partners, the strategy is driving meaningful progress toward safer workplaces across Saskatchewan. For more information about the fatalities and serious injuries strategy, view the reports at worksafesask.ca/fatalities-and-serious-injuries.
For a more detailed look at last year’s results, the WCB’s 2025 annual report is available at wcbsask.com/corporate-plans-and-annual-reports.