REGINA — The Government of Saskatchewan's Red Tape Reduction Committee is pledging a continued commitment to fostering a competitive business environment in 2024, according to a press release.
The committee’s goals include reducing red tape and supporting businesses. In 2022-23, the committee reviewed 208 business-related regulations and 18,480 compliance requirements and decreased the number of business-related regulations from 260 to 254.
Through red tape reduction efforts, the government aims to save businesses $10-20 million annually, the release states.
Formed in 2014, the Red Tape Reduction Committee is coming up on a decade of modernizing regulations. Since its inception, the committee has saved businesses $688 million in fees and taxes.
The committee's goal is to identify red tape issues across government, estimate and track costs and savings from regulatory changes and seek solutions. They make sure all business regulations are reviewed at least once every 10 years to remain relevant, minimize regulatory burden and maximize opportunities for innovation and economic competitiveness, the government states.
Saskatchewan's Red Tape Reduction Committee is the only active cabinet committee of its kind in Canada.
For more information, visit the Help Cut Red Tape website .
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