It’s not easy doing bu­si­ness in Ca­na­da We pla­ced a dis­mal 18th for ea­se of doing bu­si­ness, even behind such coun­tries as Geor­gia and Ma­ce­do­nia

La Jornada (Canada) - - NEWS -

The World Bank re­cently is­sued its an­nual re­port on the ea­se of doing bu­si­ness in 190 coun­tries and te­rri­to­ries. And, again, Ca­na­da isn’t near the top - in fact, we sit 18th. That’s the bad news. The good news is that the­re’s room for im­pro­ve­ment.

Small New Zea­land was first,

Sin­ga­po­re se­cond and Den­mark third. Our main tra­ding part­ner, the Uni­ted Sta­tes, was sixth. And we’re behind two coun­tries that so­me Ca­na­dians ha­ven’t even heard of: Geor­gia and Ma­ce­do­nia.

The reasons for our poor sho­wing are dif­fi­cult to ac­cept. Re­gis­te­ri­ng pro­perty is very dif­fi­cult in Ca­na­da and we’re ran­ked 33rd. Things are even thor­nier for dea­ling with cons­truc­tion per­mits, whe­re Ca­na­da is 54th.

In To­ron­to, for exam­ple, it can ta­ke 180 days and cost al­most $30,000 to get ap­pro­val from the To­ron­to mu­ni­ci­pal plan­ning aut­ho­rity for a new buil­ding.

To­ron­to city coun­ci­llors of­ten scour si­te plan con­trols that in­clu­de lands­ca­ping, pe­des­trian ac­cess, par­king, ex­te­rior de­sign and ap­pea­ran­ce, storm­wa­ter ma­na­ge­ment and was­te dis­po­sal for stan­dar­di­zed buil­dings.

As­to­nis­hingly, Ca­na­da is ran­ked 105th for ea­se of get­ting elec­tri­city. In To­ron­to, it can cost mo­re than $44,000 and ta­ke over 80 days to be hoo­ked up to elec­tri­city by the city-ow­ned uti­lity. No won­der To­ron­to Hy­dro is so pro­fi­ta­ble, poc­ke­ting mo­re than $150 mi­llion last year.

When it co­mes to en­for­cing con­tracts, Ca­na­da is ran­ked at 114. It can ta­ke an alar­ming 930 days to ob­tain a judg­ment for a re­la­ti­vely sim­ple dis­pu­te, lar­gely due to in­suf­fi­cient court ca­pa­city and cum­ber­so­me, out­da­ted court pro­ces­ses.

In tra­ding across bor­ders, we’re ran­ked at 46th, partly due to our ex­cee­dingly slow im­port clea­ran­ce and ins­pec­tion pro­cess. The ave­ra­ge ti­me is 2.6 hours - lon­ger than coun­tries li­ke Al­ba­nia and Bhu­tan.

Ca­na­da con­ti­nues to rank poorly against ot­her coun­tries we com­pe­te with to at­tract and keep in­ves­tors, at a ti­me when free­tra­de agree­ments are vul­ne­ra­ble, and when ca­pi­tal and ta­lent can ea­sily go to ot­her coun­tries.

All th­ree le­vels of go­vern­ment in Ca­na­da need to fo­cus on im­pro­ving the in­vest­ment by adop­ting mo­dern re­gu­la­tions that im­pro­ve the bu­si­ness en­vi­ron­ment. Ot­her­wi­se, our ta­lent, ca­pi­tal and in­ves­tors will mo­ve to­wards ot­her eco­no­mies rat­her than our own.

Ca­na­dian mu­ni­ci­pa­li­ties and pro­vin­ces need to stream­li­ne their re­gu­la­tory pro­ces­ses to en­su­re that buil­dings, bu­si­nes­ses and ho­mes can be mo­re quickly built, and bu­si­nes­ses can get on with crea­ting jobs and wealth for Ca­na­dians in Ca­na­da.

If go­vern­ments are proac­ti­ve on the­se is­sues, the next re­port on the ea­se of doing bu­si­ness could show Ca­na­da mo­ving up from its dis­mal 18th po­si­tion. -TROYMEDIA

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