Small businesses spend more than 250 hours - or 32 days - wrapped up in red tape each year: CFIB
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- เผยแพร่เมื่อ 4 ก.พ. 2025
- A new report is shedding light on the amount of red tape independent businesses have to deal with, saying it is stagnating growth.
The report, released by the Canadian Federation of Independent Business (CFIB) found that small businesses in Canada spent 735 hours complying with regulation last year, with more than a third of that spent on red tape that could be eliminated without compromising public health and safety.
“Business owners lose an entire month’s worth of productivity to filling out lengthy or redundant forms, navigating mazes of government websites, and deciphering government jargon. That is crucial time that could be better spent on activities like training staff, planning business expansions, serving customers or even spending time with family,” Emily Boston, senior policy analyst with CFIB said in a statement.
The report found that time spent on red tape increased by 35 per cent since 2020 and from 189 hours in 2020 to 256 hours in 2024.
As Alissa Thibault reports, it's estimated compliance is costing businesses across the country billions of dollars in productivity every year.
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#GlobalNews #canada #redtape #smallbusiness #bc
Its designed that way so corporations can own all of us
It’s called capitalism
You gotta wonder why ppl keep voting liberals
Trump is showing everyone how it’s done. Big changes need to take place soon in Canada
Its ridiculous. One mom and pop business has to deal with: Regional District, City, Provincial, Federal, Insurance, Building Inspector, Fire Inspector, Engineers, Electrical Inspector, Septic Inspector, Revenue Canada, Lawyers, Accountants, Consultants, WCB, ... thats my list. Revenue Canada is a time wasting nightmare. Oh also, property tax has tripled and insurance is double what it used to cost. Passive income taxed at 32% If your business gains a lot of value and you sell 67% Capital Gains tax.
This is what corruption looks like!
I think corruption would like the opposite. Go to third world countries if you don’t like rules?…
All of that was my first thought but what the business owner here would rather complain about is sick day pay.
Doesn't sound like a red tape issue to me. I agree there is too much of it, but when given a platform to talk about it, wasn't what came to her mind.
@@purple7vi0let
You don’t think mafia style shake downs and regulatory capture look corruptiony?
@@larrymunn5279
Why should they pay ppl to stay home sick. Should you work any hours unpaid?
It is OK in Candia 😁
We need a Conservative government asap!
They are already in Ontario for last 7 years. Inflation high. Crime high. Fake college scams on the rise. Student permit scams on the rise. Bribery in truck driving licensing. Long wait times in hospitals. Big class room sizes and rmuch more. They just dont own anything. They say its liberal government.
Look at the dumpster fire called Alberta…we don’t need any more bonkers
This is the world we live in get use to it, become a conspiracy theorist or go crazy.
What people don't understand about a conspiracy theorist it's not that they want to be right, in actually they wish they were wrong.
Oh no... Sick day pay. The height of all red tape evil.
Really lady? All you had to do was behave for a 3 second clip. Sympathy gone.
The reporter sure has a funny Canadian accent.
Stop crying 😢 please 🥺 ..There is bigger problems in this big old spinning ball ...😮.😅😂🎉🎉
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