The province and the BC Chamber of Commerce have announced a consultation process to create a “Small Business Accord.”
John Winter, president and CEO of the BC Chamber, said the accord will ensure that government is held accountable for its actions in regulating business.
“Through an extensive consultation process with small businesses across the province, the government will develop a regulations framework to reduce red tape and help make B.C. the most business-friendly jurisdiction in the country.”
Winter commended the government’s move to support small business.
“This accord will create a significant reduction in the red tape small businesses face,” he said.
According to the province, 98% of businesses in B.C. have less than 50 employees and small businesses represent 57% of B.C.’s private sector jobs.