This week is the 6th annual Red Tape Awareness Week sponsored by the Canadian Federation of Independent Business. Their Provincial Affairs Director Elliott Sims says they are challenging all levels of government to commit to tackling the burden that red tape places on small businesses. He say what Red Tape Awareness Week means is that businesses are having to spend a significant amount of time and money on regulations that simply don’t make sense and don’t provide any value to the general public but it does result in higher costs for businesses and ultimately higher costs for consumers.
Sims says people who make regulations don’t realize the burden they’re placing on small businesses. There’s more information on their website www.cfib.ca.