For immediate release
September 24, 2013
Richmond Hill, Ontario – The Honourable Tony Clement, President of the Treasury Board, today outlined the Government of Canada's actions to reduce red tape, freeze EI premium rates, and support small businesses in a round-table discussion with members of the Richmond Hill business community. Costas Menegakis, Member of Parliament for Richmond Hill, joined Minister Clement at the round-table discussion.
The Red Tape Reduction Action Plan, which the Government launched last October, is one of the most far-reaching and ambitious red tape-cutting initiatives in the world today. The Action Plan is getting rid of business irritants in areas ranging from tax and payroll to trade, while introducing time-saving measures like single windows and electronic submissions.
In addition, the Government recently announced that it will freeze the Employment Insurance premium rate for employees at the 2013 level of $1.88 per $100 of insurable earnings for 2014, and that the rate would be set no higher than $1.88 for 2015 and 2016.
To learn more about the Government's regulatory reforms, visit the Red Tape Reduction Action Plan.
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