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Red Tape Reduction Package could save businesses and the public money

Red Tape Reduction Package could save businesses and the public money

TORONTO — If passed, the recently introduced Less Red Tape, Stronger Economy Act, 2023 would result in better services, help Ontario businesses grow and save people time, the province claims.

The package includes 42 new initiatives that, when fully implemented, are estimated to save businesses, not-for-profits, and the broader public sector $119 million in net annual regulatory compliance costs, indicates a release.

Key industry items from the package include:

  • Amending the Building Broadband Faster Act to help speed up the delivery of high-speed internet access to every community by the end of 2025.
  • Strengthening occupational health and safety in the mining sector by changing regulations to reflect modern technology and better protect workers.
  • Enabling the next phases of carbon storage innovation by piloting technology that has the potential to store 30 years’ worth of carbon emissions.
  • Improving safety on Ontario’s roads by updating the Highway Traffic Act to prohibit drivers from overtaking a working snow plow unless a full lane is available.

People and businesses are encouraged to visit the Red Tape Portal at and submit their ideas on ways the province can continue to make it easier to access services and do business in Ontario.

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