Ontario’s strategic approach to cutting red tape has led to $50 million in savings and 2.4 million saved hours for businesses across the province in the last four years.
Released today, the Building a Better Business Climate for Ontario: 2015 Burden Reduction Report profiles strong action taken to reduce unnecessary regulatory and administrative processes that cost businesses time and money. The report features 28 initiatives across government that are modernizing services and making it easier for businesses to succeed, including:
- Creating a new online system for processing payments for the Ministry of Health and Long-term Care’s Assistive Devices Program — reducing wait times for payments and saving registered vendors $16.7 million and an estimated 500,000 hours over four years.
- A new, convenient online compliance check tool available to businesses with a good track record, as an alternative to full inspections under the Employment Standards Act,- saving these businesses an estimated $725,000 and 36,500 hours over two years.
- Streamlining regulations and processes with the Ministry of Transportation’s simplified testing requirements for senior commercial drivers to renew their licences — saving drivers $1.87 million and an estimated 57,000 hours over a year.
Full Article Here: news.ontario.ca
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