Ford Government Cuts Red Tape – Sets Path for Economic Growth and Job Creation

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Ontario’s Ford government is fulfilling another election promise to create jobs by cutting red tape and burdensome regulations. This will have a positive impact on Ontario business enabling growth and job creation.

Todd Smith, Minister of Economic Development, Job Creation and Trade announced a package of over 30 actions to reduce the burden on job creators. The Restoring Ontario’s Competitiveness Act  coupled with regulatory changes will cut business costs, harmonize regulatory requirements with other jurisdictions, and eliminate end duplication reducing barriers to investment.

The package includes actions that would give businesses more flexibility to create jobs right here at home, such as removing planning barriers to cut red tape and shorten the time it takes to get projects off the ground.

This announcement build on actions taken through the Making Ontario Open for Business Act, 2018, which eliminated cumbersome burdens on employers. Strong protections for workers kept through this act, and it allowed job creators to hire the skilled tradespeople they need.

“We have a real problem in Ontario with red tape, which is a big part of the high cost of doing business here,” said Smith. “It’s more urgent than ever to lighten the regulatory burden so our job creators can grow and invest in Ontario. When our job creators thrive, our workers thrive.”

Ontario’s multi-year Open for Business Action Plan addresses the red tape by reducing regulatory burdens by 25% which drives jobs and investment out of the province. All ministries will be accountable to meet targets and cut regulatory burdens in several sectors across the province.

“The Restoring Ontario’s Competitiveness Act is the second in a series of bills targeted at getting government out of the way of the job creators,” said Smith. “We’re going to lower business costs to make Ontario more competitive. And we’re going to continue to work hard every day to create and keep good jobs right here in Ontario.”

This business friendly legislation will foster a strong economy and open up employment opportunities province-wide.

 

 

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