Governments are progressing in battle against red tape
CFIB report card gives BC, Quebec top marks for regulatory obstructions.
TORONTO — Canadian governments are making progress clearing away regulatory red tape, according to the Canadian Federation of Independent Business (CFIB).
The national association representing Canada’s SMEs has issued its annual red tape report card as part of Red Tape Awareness Week activities, and BC joins Quebec as leading the way among government jurisdictions.
The report card looks at political leadership, public measurement and constraints on regulations.
CFIB, which describes red tape as a hidden tax that affects Canada’s small businesses much more than larger firms, says both provinces have shown strong leadership in dealing with regulatory obstruction. They have established a comprehensive measure of the regulatory burden, and have reduced or restricted the growth of unnecessary regulations.
According to the group’s latest research, the annual cost of all regulations on Canadian businesses is estimated at $37 billion per year. Almost a third of that ($11 billion) is considered to be red tape.
The Canadian government, Saskatchewan and Nova Scotia earned Bs, Ontario a B-, PEI, New Brunswick and Newfoundland Labrador C+s, and Manitoba a D+, while Alberta and the Northwest Territories each earned a fail.
Download the report here.