A business lobby group is calling on provincial workplace regulator WorkSafeBC to return excess funds to small businesses in B.C., saying the funds will offer relief amid rising costs and economic pressures.

The latest report from the Canadian Federation of Independent Business (CFIB) estimates the province's workers' compensation board has a surplus of $2 billion, which the CFIB says should be circulated to local businesses.

"WorkSafeBC is significantly overfunded," said Jairo Yunis, the federat…