Wednesday, October 22nd9.3°C
23840
22916

Bill to cut red tape won't apply to health and safety regulations: Clement

OTTAWA - The federal Conservatives have introduced a bill aimed at cutting regulations that hurt businesses, but say it won't apply to health and safety regulations.

Treasury Board President Tony Clement says the proposed law would require the government to remove one or more regulations for every new one added.

The Tories introduced the so-called "one-for-one" rule internally in 2012 to cut red tape that they say is bogging down small- and medium-sized businesses and killing jobs.

Clement says Canada would be the first country in the world to give the rule the "added muscle" of legislation.

He says the government has scrapped 19 regulations so far, which has saved companies millions of dollars in administrative costs.

But the opposition parties have been skeptical of the bill, saying they don't want to see cuts that jeopardize health, safety or the environment.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14312.07-235.64
S&P CDNX808.00-14.28
DJIA16461.32-153.49
Nasdaq4382.847-36.632
S&P 5001927.11-14.17
CDN Dollar0.8882-0.0012
Gold1242.20-3.30
Oil80.01-0.12
Lumber330.40+1.70
Natural Gas3.65-0.009

 
Okanagan Companies
Pacific Safety0.12+0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.055-0.025
Anavex Life Sciences0.198+0.006
Metalex Ventures0.05+0.005
Russel Metals32.53-0.56
Copper Mountain Mining2.10-0.07
Colorado Resources0.145-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.405-0.055

 



22625

FEATURED Property
9378441680 Ross Road
3 bedrooms 2 baths
$144,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


22632