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Business
January 12, 2010

Province's Leadership in Red Tape Reduction Recognized Nationally

The Government of Newfoundland and Labrador is once again being acknowledged as a leader in Canada for its progress in reducing red tape.

Yesterday, the Canadian Federation of Independent Business (CFIB) released a national report assessing the impact of regulations on small business and the state of regulatory reform across Canada. In the CFIB's regulatory accountability progress report, Newfoundland and Labrador ranked among the top three out of 13 jurisdictions in the country for its efforts, along with British Columbia and Nova Scotia, and ahead of the Federal Government.

"Since our red tape reduction initiative began more than three years ago, our government has made true progress in improving the province's regulatory environment, and I am very pleased this success is being recognized," said the Honourable Ross Wiseman, Minister of Business. "As we gradually do away with onerous and unnecessary requirements, it reduces the overall time, effort and resources that get spent complying with regulations. As a result, we are making processes easier for citizens, as well as creating a more positive climate for local business and for attracting new investment."

Last year, the Provincial Government announced it had surpassed its initial objective set in 2006 by reducing regulatory requirements by over 27 per cent. Newfoundland and Labrador's efforts have also been highlighted by other jurisdictions, and plans are for the province to host a round of Federal-Provincial-Territorial meetings on regulatory reform in 2010.

The Provincial Government continues its strong commitment to improving the regulatory environment in Newfoundland and Labrador by implementing a target of no net growth in requirements and a regulatory impact analysis of all new legislation and policies. In addition to reducing requirements, the steps being taken are fostering greater innovation and efficiency in the way the Provincial Government operates, delivers services, and interacts with the public through streamlined processes, improvements to regulations, increased access to e-government and online services, less paperwork, and more efficient service to clients and the public.

"Improving regulation is an ongoing exercise, and our government looks forward to continuing its constructive relationship with the province's business community and other partners in pursuing that goal," said Minister Wiseman. "We remain committed to ensuring an efficient, flexible and transparent regulatory regime, while maintaining high regulatory standards."

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Media contact:
Mark King
Director of Communications
Department of Business
709-729-7628, 699-3454
markking@gov.nl.ca

2010 01 12                         10:15 a.m.
 


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