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Regulatory burden undermining business competitiveness, new Chamber report finds

Ottawa, May 31, 2018—Canada’s regulatory system is smothering business in Canada, thanks to a growing mix of complex, costly and overlapping rules from all levels of government. A new report by the Canadian Chamber of Commerce, and supported by the Belleville Chamber of Commerce, Death by 130,000 Cuts: Improving Canada’s Regulatory Competitiveness, calls on governments to modernize their regulatory frameworks and give businesses in Canada room to thrive.

Inconsistent and unpredictable rules and processes are making it difficult for businesses—whether large or small—to keep up and comply. This leads to our businesses being less competitive and Canada becoming a less attractive place to invest, start or grow a business,” said the Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “Regulations are designed to keep us safe and to create a level playing field. But when they start to smother businesses, that becomes a real problem.

As the U.S., our largest competitor and trading partner, has recently implemented significant corporate tax and regulatory reforms, Canada cannot afford to fall further behind. Today’s report identifies opportunities to increase public and investor confidence in Canada’s regulatory systems and provides clear recommendations to government on how it should be done.

Both the provincial and federal governments have acknowledged the “red tape” for businesses is a challenge they should address. Unfortunately, with every new announcement of funding appears another hoop or application required. And these can be difficult for local business owners to take advantage of, particularly as they relate to growth or expansion.” said Jill Raycroft, CEO, Belleville Chamber of Commerce. 

Read the Full Report Here

Contact:

Jill Raycroft, CEO 
Belleville Chamber of Commerce
P:613-962-4597
E: jill@bellevillechamber.ca

Guillaum W. Dubreuil
Senior Director, Public Affairs and Media Relations
Canadian Chamber of Commerce
613.797.1860
gdubreuil@chamber.ca

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Stirling Festival Theatre - Group Discounts available to members
Papa Johns Pizza Member Offer- 25% off
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RBC - Save on Bank charges
Friendly Fires - 10% OFF
Body Systems Nutrition - 15% OFF purchases.
Allen Insurance - Exclusive Chamber Member Rates
Grand & Toy - Members can save up to 85%
OSM Website design - SAVE on services.
Superior Propane - Save 5% on fixed price propane
Grand & Toy - Cost-saving solutions
Cloud Bookkeeping Services - 10% OFF
Dinkles & Paulos Restaurants - 10% OFF
Constant Contact Chamber Member Offer
Be Prepared First Aid Traning - 15% off
Parsons Cleaners Member offer - 10% OFF
Group Benefit Plan for Chamber Members
RBC - Save on Bank charges
St. John Ambulance - Discount on training
OSM Website design - SAVE on services.
Stirling Festival Theatre - Group Discounts available to members
Belleville & District Shrine Club
Superior Propane - Save 5% on fixed price propane
Group Benefit Plan for Chamber Members
Cloud Bookkeeping Services - 10% OFF
Constant Contact Chamber Member Offer
Be Prepared First Aid Traning - 15% off
Grand & Toy - Members can save up to 85%
NRG Alternatives - 10% Discount
Esso Chamber
Body Systems Nutrition - 15% OFF purchases.
Allen Insurance - Exclusive Chamber Member Rates
Grand & Toy - Cost-saving solutions
Shoppers Drug Mart - Save 20% on Thursdays
Parsons Cleaners Member offer - 10% OFF
Friendly Fires - 10% OFF
Dinkles & Paulos Restaurants - 10% OFF
Papa Johns Pizza Member Offer- 25% off
Quinte Siding - 10% OFF
Jesan Property Maintenance - SAVE 10%