Changes

==The ''Red Tape Reduction Act''==

==The ''Red Tape Reduction Act''==

The ''Red Tape Reduction Act'' came into force in April 2015. The purpose of the Act is to control the growth of administrative burden on businesses from regulations through the application of the one-for-one rule. The one-for-one rule was first implemented through the ''[https://www.canada.ca/en/government/system/laws/developing-improving-federal-regulations/requirements-developing-managing-reviewing-regulations/guidelines-tools/cabinet-directive-regulatory-management.html Cabinet Directive on Regulatory Management]'' in April 2012 and is now prescribed in section 5 of the ''Red Tape Reduction Act''. The rule controls administrative burden in two ways:

The ''Red Tape Reduction Act'' came into force in April 2015. The purpose of the Act is to control the growth of administrative burden on businesses from regulations through the application of the one-for-one rule. The one-for-one rule was first implemented through the ''[[Cabinet Directive on Regulatory Management]]'' in April 2012 and is now prescribed in section 5 of the ''Red Tape Reduction Act''. The rule controls administrative burden in two ways:

#When a new or amended regulation increases the administrative burden on business, regulators are required to offset from their existing regulations an equal amount of administrative burden cost on business.

#When a new or amended regulation increases the administrative burden on business, regulators are required to offset from their existing regulations an equal amount of administrative burden cost on business.