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The cost of government regulation on Canadian businesses

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  • The cost of government regulation on Canadian businesses

Regulation from all levels of government cost Canadian businesses $36 billion in 2017, with red tape accounting for $10 billion of that total.

The cost of regulation on businesses in 2017 is stable relative to previous years but remains high. Small businesses (with fewer than 5 employees) face the highest cost on a per employee basis – 5 times higher than larger businesses (with 100 employees or more).