Initiatives will help Canadian Business Grow
TORONTO, Jan. 18, 2012 /CNW/ - Canada's food and consumer products
manufacturers welcome the initiatives recommended today by the Red Tape
Reduction Commission as they will spur industry growth, improve
Canada's outdated regulatory system and ultimately help bring more
innovative products to Canadian homes.
Food & Consumer Products of Canada (FCPC) is pleased that many of its
key recommendations are included in the report concerning increased
transparency; addressing the many regulatory delays manufacturers face
when bringing new, innovative products to market; more proactive
communication with business; improved efficiencies to move goods over
the border; and greater reliance on electronic services.
FCPC specifically recommended that the government publicly report on how
long it's taken to move products through the regulatory system and is
pleased that the Commission included this in their final report.
FCPC is encouraged with the government's commitment to the "One-for-One"
initiative and is calling on the Federal government to move swiftly on
the recommendations announced today.
"The bold recommendations released today are much needed steps forward
that will allow our industry to achieve more sustainable growth and
ultimately help bring new and innovative products to Canadians.
Canadians will benefit because the commission has done great work by
working collaboratively with government, stakeholders and industry. Now
industry wants to see some movement on the recommendations."
Nancy Croitoru, President and CEO, Food & Consumer Products of Canada
The food and consumer products manufacturing sector leads all Canadian
manufacturing sectors in employment - employing nearly 300,000
Canadians from coast-to-coast.
The George Morris Centre examined 12 case studies where food
manufacturers have been hampered by regulatory delays. The report
states foregone economic activity of $440 million and foregone
employment of almost 2,000 Canadians.
Food & Consumer Products of Canada (FCPC) is the largest industry
association in Canada representing the food and consumer products
industry. Our member companies make and market retailer and national
brands sold through grocery, drug, convenience, mass merchandise and
foodservice distribution channels.
SOURCE Food and Consumer Products of Canada
For further information:
Food & Consumer Products of Canada
(416) 510-8024 ext 2226