January 11, 2010
There is no question that some regulation, like some taxation, is beneficial. Too much, however, is not. Canada’s small- and medium-sized business owners are all too aware of the cost of regulation. Canadian businesses of all sizes spend $30.5 billion a year to comply with obligations from all levels of government.
November 1, 2006
In 2005, the Canadian Federation of Independent Business (CFIB) released a groundbreaking study on government regulation and paper burden titled "Rated R: Prosperity Restricted by Red Tape". The study conservatively estimates the annual cost of regulatory compliance on Canada's business community at $33 billion.
December 12, 2005
Regulation is the predominant tool – other than taxation – that governments use to effect change and mold behavior. While a certain amount of regulation in society is important for efficiency and safety, excessive regulation has serious negative consequences for Canadian prosperity.
