Increased Regulations Have Reduced Growth, Employment: StatCan

The Epoch Times

Right

Factuality

Ownership

Increased Regulations Have Reduced Growth, Employment: StatCan

Canada’s growing regulatory burden has contributed to slower economic growth, lower employment, and reduced business investment, according to a new study from Statistics Canada. From 2006 to 2021, the number of regulatory provisions in Canada’s federal legislation increased by 2.1 percent per year, resulting in a total rise of about 37 percent over that period, StatCan said in the report released Feb. 10. The report indicated that most of the re…

大纪元 Epoch Times

Factuality

Ownership

New research from Statistics Canada shows that increasing regulation over the past decade has had a significant impact on economic growth in Canada's business sector.

24 HU

Factuality

Ownership

The hiring of Hungarian labor may gradually fade into the background, and other activities may be more needed in the market.