A location has been selected for the new headquarters of Ontario’s Workplace Safety and Insurance Board (WSIB) in London.
First announced in April, 2022, the new head office will be set up at 300 Tartan Drive, the former 3M offices in London. The move is expected to bring a $100-million boost to southwestern Ontario and create at least 2000 jobs over the next five years.
Most of Ontario’s 150 government agencies are in downtown Toronto, and the WSIB’s current head office is on one of the most expensive real estate blocks in the country. This move is part of the government’s Community Jobs Initiative, a strategy to save taxpayer dollars while bringing good jobs and economic development to more communities across Ontario.
The relocation will result in $70 million in annual savings for the WSIB, reducing costs by 40 per cent compared to Toronto. The new office will open its doors in 2025 with at least 500 staff.