I’d like to invite business owners in Ancaster-Dundas-Flamborough-Westdale to a business roundtable discussion to gather input for the Red Tape Reduction Commission -- Tell us how the Federal Government can reduce the red tape affecting your business. 

When:

Friday, March 4^th, 2011

3:00 to 4:30 pm

Where:

Dutch Mill Country Market – restaurant area

533 Millgrove Sideroad, Flamborough

(off Hwy# 5, just up the Sydenham hill from Dundas)

Who:

• Hosted by David Sweet, M.P. for Ancaster-Dundas-Flamborough-Westdale
• Guest: Dean Allison, M.P. (for Niagara West- Glanbrook) member of the Red Tape Reduction Commission established by Prime Minister Stephen Harper in January 2011

Space is limited, please RSVP to my Constituency Office:

(905) 627-9169

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Cutting Red Tape… freeing business to grow

On January 13, 2011, the Right Honourable Stephen Harper, Prime Minister of Canada, and the Honourable Rob Moore, Minister of State (Small Business and Tourism), announced the creation of the Red Tape Reduction Commission and the start of consultations on ways to reduce the burden of complying with federal regulatory requirements.

Canadians and Canadian businesses are invited to provide input to the Commission and help the Government identify irritants and lasting ways to fix them.

The Commission will also be holding round table meetings across the country to hear from Canadian businesses. See above for information on the round table meeting taking place in Flamborough on March 4^th.

www.reduceredtape.gc.ca

Or send your feedback online, click on "Tell the Commission What You Think" (online survey, portal for submissions)

http://www.reduceredtape.gc.ca/how-comment/how-comment-eng.asp

Why cutting red tape matters

The term "red tape" is associated with the time and resources spent by business to demonstrate compliance with Government regulatory requirements. It is also a major irritant for Canadian business owners- with more than 70 per cent of them reporting that red tape adds significant stress to their lives and two thirds saying that it significantly reduces their productivity.

Reducing red tape is good for everyone. It helps our businesses compete and creates jobs for Canadians. It represents a low-cost way to stimulate the economy and boost productivity as Canada emerges from the global recession.

That's why the Government has made this commitment- to ensure that regulatory compliance ceases to burden Canadian businesses by tying them up in red tape.

How much does red tape really cost?

Red tape is tangling up small businesses and restricting our nation's prosperity. While regulatory compliance costs are difficult to assess,consider the following:

According to a 2010 study by the Canadian Federation of Independent Businesses, red tape from all levels of government costs the business sector in Canada about $30.5 billion or 1.9 per cent of Canada's Gross Domestic Product each year.

• Industry Canada estimated that small business owners spend an estimated $1.1 billion a year to comply with only 12 of the key federal, provincial and municipal information obligations. 
• Also, according to the Canadian Federation of Independent Businesses, the private sector spends up to $20 for every dollar spent in Government administration costs for regulatory programs.