Partial count of regulatory requirements – 129,126 – a good start, more work needed
TORONTO, Nov. 28, 2014 /CNW/ - The Canadian Federation of Independent Business (CFIB) is pleased that the federal government has started delivering on a key commitment from its Red Tape Reduction Action Plan, releasing its first count of federal regulatory requirements on business since 2007.
"The first step to 'cutting the fat' is to know how much there is to cut," said CFIB executive vice-president Laura Jones. "We commend the federal government for having the courage to step on the scale, and be transparent about the red tape burden that it places on entrepreneurs." CFIB was a very active member of the government's Red Tape Reduction Commission, and is happy to see some of the commission's work coming to fruition.
The 129,126 requirements included in the Administrative Burden Baseline (ABB) announced today by Treasury Board President Tony Clement, however, only include requirements arising from federal regulations and related forms.
"The regulatory burden felt so strongly by small business owners comes from a number of sources, including not just regulations, but also legislation and government policies," added Jones. "Going forward, we need to see a more comprehensive count, but today's announcement is a good start."
CFIB is Canada's largest association of small and medium-sized businesses with 109,000 members across every sector and region.
SOURCE: Canadian Federation of Independent Business
For further information: For more information or to arrange an interview with Laura Jones, contact Al Maggi at 416-222-8022 or email@example.com