Opinion: Fast-tracking legislation misses the real fix for Canada's red-tape woes
Recently, both the Carney government in Ottawa and the Eby government in British Columbia have proposed legislation to give their respective cabinets more power to expedite infrastructure and energy projects they deem worthy. But rather than pick winners and losers, governments should reduce the regulatory burden across the board and create an environment for all businesses to succeed.
In Ottawa, Bill C-5 will prioritize projects in the “national interest” giving the federal cabinet authority to expedite approvals and funds for select projects. While Canada should streamline the approval process for projects, Bill C-5 essentially gives cabinet the power to pick winners and losers based on vague criteria and priorities rather than reducing the regulatory burden all........
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