Small Business Too Big To Ignore makes a difference as the Province releases a Burden Reduction Plan
The provincial government has released an eight point plan to help make the lives of small business easier. The measures which are scheduled to be introduced in the fall can be directly linked to the advocacy work of your Peterborough Chamber of Commerce through the Small Business Too Big To Ignore campaign and the policy resolution process through the Ontario Chamber of Commerce. We thank our members for their participation during this campaign through a survey and roundtable events.
These initiatives do represent a positive change and we are very encouraged by today’s (Friday, May 19, 2017) announcement on burden reduction. Cutting red tape for business has been a key component of our advocacy work and we are pleased to see government make meaningful change to reduce the regulatory burden on small business.
The one-window service concept will help save businesses time and money. The small business procurement policy is also very encouraging, and we ask the government to consider how they can expand this opportunity for small businesses across the province.
We are also pleased to see Ontario adopt the $1 in $1.25 out provision, which will apply to new administrative costs. This is a best practice internationally and will keep the regulatory burden on business in check. We would certainly encourage this government to consider how they can bring costs down for business more broadly, outside of administrative fees.
But to keep Ontario competitive, we need to ensure that any impending changes to the Labour Relations Act and Employment Standards Act are evidence based and fully costed.
More information on the proposed changes around labour laws and employment standards is expected next week.
Proposed measures for small business include:
“Small businesses are critical for vibrant main streets across Ontario. These business owners contribute by creating jobs and strengthening local economies. Supporting these business owners by streamlining their dealings with the province and providing new opportunities for growth will help Ontario prosper.” - Peterborough MPP and Minister Responsible for Small Business Jeff Leal
Read the Ontario Government's press release