New Brunswick has earned the title of “most improved” when it comes to red tape reduction.
The Canadian Federation of Independent Business is out with its latest Red Tape Report Card.
Our province earned a C grade this year compared to the D grade we received last year.
“CFIB started issuing its Red Tape Report Card over a decade ago to encourage more government accountability,” said Keyli Loeppky, director of interprovincial affairs at CFIB.
“At the time, the grades were low as only a few governments were tracking and reporting the regulatory burden they impose.
“Today’s grades are much improved, with most governments taking progress on red tape reduction seriously.”
The report card grades governments in three main areas of regulatory performance: regulatory accountability, regulatory burden, and political priority.
Regulatory accountability considers whether governments are measuring regulation and setting regulatory constraints, while regulatory burden includes indicators such as the number of regulatory restrictions in each jurisdiction.
The political priority category looks at clear indications that red tape reduction and regulatory modernization are priorities of a specific government.
Nova Scotia and Alberta earned top marks with A grades, while Newfoundland and Labrador received an F.
The federal government, which was also part of the report card, was given a C grade.
