One-for-one rule will turn the tide on unnecessary, excessive regulations
TORONTO, Jan. 29, 2014 /CNW/ - Half-way through Red Tape Awareness WeekTM, the Canadian Federation of Independent Business (CFIB) applauds the federal government for introducing new legislation that will reduce the red tape burden on small businesses.
The proposed law, referred to as the "one-for-one rule", will limit the number of requirements that government departments can impose on businesses, by requiring them to remove one for every new one imposed. This was a key recommendation coming out of the Red Tape Reduction Commission, which has been championed by Treasury Board President Tony Clement.
"The government implemented the one-for-one rule last year. Legislating it shows they are really serious about regulatory reform. It's important because it makes it much harder to undo," said CFIB's executive vice president Laura Jones. The Federal Government earned a B+ this year on CFIB's annual red tape report card.
The rule has earned the minister a nomination for the Golden Scissors Award. This is only one of a number of exciting red tape announcements being made by leaders across the country this week to reduce the nearly $30 billion that Canadian businesses spend annually on government red tape. The Golden Scissors winner will be announced tomorrow.
"Our Conservative Government's tabling of the One-for-One legislation is helping to create conditions for economic growth by increasing Canadian competitiveness and reducing roadblocks to business innovation. I appreciate CFIB's continued support during our Red Tape reduction efforts," said Minister Clement.
It is also great to see governments across Canada taking the problem of red tape so seriously. "In addition to today's federal announcement, many provinces have also acknowledged that red tape is a problem and promised action this week," concluded Jones.
Canadians are encouraged to show their support for CFIB's Red Tape Revolution by signing the on-line petition that will be delivered to governments.
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
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For more information, please contact Gisele Lumsden at 416-222-8022 or [email protected].