What is the Survey of Regulatory Compliance Costs about?
A. The survey is a triennial voluntary survey conducted by Statistics Canada. The survey measures, by size of business, the cost of complying with 12 common categories of federal, provincial/territorial and municipal regulations relating to employees, taxation, corporation registration, mandatory Statistics Canada surveys, municipal taxes and business licences. The survey also includes questions about a firm’s overall experience with government regulations, as well as business demographics. The first survey established a baseline measure of compliance costs from which government can track its progress in reducing the burden. It also identified the amount of resources businesses must allocate away from income-generating activities (e.g. innovation). See Survey of Regulatory Compliance Costs for more information on the survey.
