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Red tape is a massive hidden tax on small business and all Canadians. While some governments are taking action to measure and report on the problem, others have not made red tape accountability a priority, including Northwest Territories.
CFIB is urging the new territorial government to make it a priority to tackle meaningful red tape reduction.
Government red tape is a hidden tax that affects Canada’s small businesses much more than larger firms. According to CFIB’s latest research, the annual cost of all regulations on businesses in Canada is estimated at $37 billion per year, with one-third of that ($11 billion) considered to be red tape.
Have a red tape headache? Please contact Business Resources at 1-888-234-2232.