ONTARIO SCORES HIGHEST GRADE EVER FOR RED TAPE REDUCTION – HomeTown TV12
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ONTARIO SCORES HIGHEST GRADE EVER FOR RED TAPE REDUCTION

ONTARIO SCORES HIGHEST GRADE EVER FOR RED TAPE REDUCTION
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MPP CLARK PROUD AFTER CFIB WELCOMES GOVERNMENT’S EFFORTS TO REDUCE REGULATORY BURDEN ON BUSINESS

BROCKVILLE – Leeds-Grenville-Thousand Islands and Rideau Lakes MPP Steve Clark says Ontario’s Government For the People is on the right track to reduce the regulatory burden that has for too long driven up the cost of doing business here.

Clark made the comment today after Ontario received its highest grade ever in an annual report card that evaluates governments across Canada based on their progress in cutting red tape.

The Canadian Federation of Independent Business (CFIB) gave Ontario an A- in its 2019 Red Tape Report Card. This was a dramatic increase from the C+ that the previous government received in 2018 — which was tied for Ontario’s lowest grade ever. The jump from worst to first is a result of the new government’s determination to cut the cost of doing business in Ontario and make companies more competitive.

“Receiving this grade shows that our government is on the right track to bring prosperity back to every region of Ontario by making this a place where businesses want to invest and grow,” said Clark. “That’s great news for job creators in Leeds and Grenville and people who are looking for a good-paying job.”

“I am proud that CFIB has recognized we mean business when it comes to cutting red tape,” said Todd Smith, Minister of Economic Development, Job Creation and Trade, the lead minister on reducing red tape and regulatory burden. “Ontario businesses face the highest cost to comply with regulations in any province — about $33,000 per company — and small businesses are being hit the hardest. Lowering the cost of doing business here will make companies more competitive so they can create and keep good jobs right here in Ontario. And we won’t stop until we get the job done.”

People across the government are rolling up their sleeves to lighten the regulatory burden on businesses, and Ontario will take this work to the next level this spring. Ministries are already pitching in with ideas for new actions to help meet an aggressive target – reducing regulatory red tape affecting businesses by 25%.

QUICK FACTS

 CFIB is a non-profit organization representing and advocating for the interests and concerns of more than 110,000 Canadian owners of small and mid-sized businesses.

  • It has published an annual Red Tape Report Card since 2011. CFIB says its goal is to hold the federal, provincial and territorial governments accountable for one of the biggest headaches for small businesses — excessive regulations.

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