Businesses rank being 'stifled by red tape' as more of a threat than Trump tariffs, new report finds

Canada faces significant economic challenges, with businesses citing excessive regulation as a greater threat to investment than U.S. tariffs, according to a Business Council of Canada report. The regulatory burden has surged to over 321,000 requirements, negatively impacting productivity and employment, prompting the federal government to initiate a review aimed at reducing red tape and expediting project approvals.

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