The Liberal government has launched a review of federal regulations in a bid to reduce any related drag on the economy.
Federal departments and agencies with regulatory responsibilities have now 60 days to report back to Treasury Board President Shafqat Ali with proposals to remove outdated regulations or eliminate duplication with provincial rules.
Prime Minister Mark Carney said in a statement his government was elected to “spend less and invest more,” and that it’s time to improve government efficiency and “catalyze more private capital so we can build the strongest economy in the G7.”
The Treasury Board said that inefficient red tape has been raising costs, reducing productivity, and stifling economic growth….