CFIB Welcomes Federal Directive on Regulatory Competitiveness and Red Tape Reduction
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Dan Kelly, President of Canadian Federation of Independent Business, issued a statement regarding a federal cabinet directive on Regulatory Competitiveness and Red Tape Reduction. CFIB welcomed the directive, noting it includes several long-standing recommendations. The new requirement mandates that regulators reduce regulatory burden costs by $2 for every $1 added.
From recorder.ca
Why it matters
CFIB views the requirement for regulators to offset new burdens as a significant step toward reversing the trend of growing compliance obligations for small business owners. The directive also focuses on competitiveness and regular regulatory reviews.
From recorder.ca
Who's involved
- Dan KellyPresident of Canadian Federation of Independent Business
- Canadian Federation of Independent BusinessNon-profit business organization that welcomed the federal directive
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Canadian Federation of Independent BusinessSpeculative
Canadian Federation of Independent Business might see reduced compliance costs due to the new regulatory requirements.
How it developed
Newest first. Tap a step to see who reported it.Dan Kelly, CFIB president, welcomed a new federal directive.1 source
Dan Kelly assumes the presidency of CFIB.1 source
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The entities involved
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Dan Kelly
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