January 21, 2020, FREDERICTON (GNB) – New Brunswick received a B+ today in the Annual Red Tape Report Card issued by the Canadian Federation of Independent Business. The grade is an improvement from the C- received in 2018 and is the highest grade the province has received in the past decade.
The report cites strong political leadership, comprehensive measures for red tape reduction and the introduction of the Business Navigator Program as contributing to the improved performance.
“Red tape reduction is a priority for our premier and our government and today’s report card demonstrates that we have taken action on the number one issue we heard from New Brunswick’s business community and we have delivered results,” said Economic Development and Small Business Minister Mary Wilson, who is also responsible for Opportunities NB.
In November, a government-wide initiative was launched to measure and reduce the regulatory burden experienced by businesses, with a target to reduce it by a value of $14 million by March 2021.
In addition, a Business Navigator Program was introduced to help businesses spend less time dealing with red tape. Any New Brunswick entrepreneur may call 1-833-799-7966 or email firstname.lastname@example.org to contact a navigator at Opportunities NB. This team will work with navigators identified within each government department to provide the most accurate and helpful response. The regulatory burden identified in these calls will be tracked and reported to the Chief Regulatory Officer.
Although the province received a B grade in 2014, it was one of only two provinces where the cost of regulation was not being reduced by 2018.
“We will continue to take an aggressive approach to removing barriers to growth, like red tape, to ensure that anyone who wants to own and operate a business in this province will be doing so in one of the most competitive environments for private sector growth in the country,” said Wilson.
Energizing the private sector is one of the government’s key priorities. More information about the government’s priorities and measurements is available online.
Mary-Anne Hurley-Corbyn, communications, Department of Economic Development and Small Business, 506-429-2624.