Worker's compensation is a legislated provincial/territorial insurance program that provides benefits to workers who must be absent from work due to work-related injuries or illnesses. Most provincial and territorial worker's compensation legislation is based on five principles formulated in 1913 by William Meredith, the Chief Justice of Ontario:
Most employees are covered by the provisions of worker's compensation legislation, except sole proprietors, independent contractors, executive officers (president, vice-president, corporate secretary, treasurer, etc.), partners of the organization and their spouses (if they don't receive regular wages). Each provincial/territorial jurisdiction has a certain number of excluded professions that are deemed to be exempt from WC coverage. If an employer has no WC coverage whatsoever, the employee can sue the employer in the event of a work-related accident.
To encourage employers take proactive measures in creating safe workplaces, WCB initiated experience rating programs. The general goals of experience rating programs are: