A- is highest grade and biggest improvement ever for the province
Toronto, January 22, 2019 – The Canadian Federation of Independent Business (CFIB) presented Economic Development Minister Todd Smith with Ontario’s grade of A- from its 2019 annual national Red Tape Report Card released today, the second day of CFIB’s 10th annual Red Tape Awareness Week™.
CFIB’s report card evaluates provincial governments on red tape reduction based on their levels of leadership and measurement of the regulatory burden, and whether the government has placed a clear cap on regulations. Overall, it grades provinces on their regulatory accountability and transparency, which are essential for effective red tape reduction.
“A- represents the highest grade and most significant improvement for Ontario in the Red Tape Report Card’s history,” said Julie Kwiecinski, CFIB’s director of provincial affairs, Ontario. “What’s more, this impressive score was achieved in only six months, a clear testament to this government’s cross-government action out of the gate on removing excessive, unnecessary and redundant red tape barriers to business success.”
In previous years, Ontario was awarded the following grades by CFIB:
Based on a CFIB report, in 2017, complying with regulations from all levels of government cost over $15 billion in Ontario, and the per-employee cost to comply for small businesses was five times higher than for larger businesses in Canada.
For media inquiries or interviews, please contact:
Milena Stanoeva, CFIB
647-464-2814, or [email protected]
The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small- and medium-sized businesses with 110,000 members across every industry and region, including over 42,000 members in Ontario. CFIB is dedicated to increasing business owners’ chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings. Learn more at cfib.ca.