29 Aug 2012

CFIB proposing changes to regulations in the small business environment

Small business growth in Canada has been impeded by excessive regulations or rigid conformity to formal rules that is considered redundant or bureaucratic and causes a lag in decision making, known as red tape, according to business experts. 

The Canadian Federation of Independent Business recently announced it will meet with seniors representatives from the Ontario Government to discuss some ways to to ease the regulations placed on small businesses in the country.

"Government red tape costs Ontario businesses a staggering $11 billion a year," said Satinder Chera, vice president on Ontario's branch of the CFIB. "Our members tell us that excessive red tape is their second-highest priority after taxes, so anything that can be done to make things easier for small business will help to grow the economy and create jobs."

By reducing the restraints placed on small businesses, it will give small business owners in Toronto the extra resources to purchase Toronto storage lockers where firm owners can house their access inventory.

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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