Tag Archives: Red Tape Reduction Action Plan

Regulatory Compliance Costs Canada’s Economy $6,000 per Employee, Possible Relief on the Way

A report by the Canadian Federation of Independent Business (CFIB), which represents Canada’s small and medium sized businesses, estimates that the country’s regulatory burden costs Canadian businesses nearly $6,000 per employee per year, with the cost falling heaviest on small businesses. The report, done in partnership with auditor KPMG, also found that compliance costs are higher in Canada than the […]

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Canada Ranks 17th in ‘Ease of Doing Business’, Shines in ‘Starting a Business’ Category

Canada ranks as the 17th easiest place in the world to do business in a report released on Tuesday by the World Bank. The 2013 edition of the Doing Business report rates 185 countries according to 11 sets of indicators that quantify the ease of complying with regulations and the protection of property ownership rights. Canada’s overall ranking was weighed […]

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