|By Marketwired .||
|September 25, 2013 11:20 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 09/25/13 -- The Honourable Tony Clement, President of the Treasury Board, today held a round-table discussion with members of the Canadian Polish Congress to promote the Government of Canada's measures to reduce red tape for businesses. Minister Clement was joined by local members of Parliament Ted Opitz (Etobicoke Centre) and Wladyslaw Lizon (Mississauga East-Cooksville).
"To date, our Government's Red Tape Reduction Action Plan has saved Canadian businesses millions of dollars in administrative costs," said Minister Clement. "Reducing red tape not only frees business to innovate, grow, and create jobs, but it also enhances Canada's reputation as one of the best places in the world to do business and invest."
The Action Plan, one of the most ambitious red tape-cutting initiatives in the world today, is eliminating unnecessary and time-consuming red tape in areas ranging from tax and payroll to labour and trade. Launched last October, the Plan also introduces time-saving measures like single windows and electronic submissions.
The Government is also helping Canadian manufacturers and businesses succeed in the global economy by enhancing the conditions for investing and creating jobs.
"Economic Action Plan 2013 underscores our top priority of creating jobs, growth, and long-term prosperity while keeping taxes low for families and businesses, and balancing the budget by 2015," added Minister Clement. "For example, our plan introduces the Canada Job Grant program, which will provide up to $15,000 to help people get the skills training they need for the jobs that businesses need filled."
Economic Action Plan 2013 also provides for $1.4 billion in tax credits so Canadian manufacturers can invest in new machinery and equipment as part of a renewed accelerated capital cost allowance.
To learn more about the Government's regulatory reforms, visit the Red Tape Reduction Action Plan.
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