Fraser is out with their latest report on investment climate in the provinces. New Brunswick is ranked 7th out of the 10 provinces but ranks 9th for Fiscal Prudence and 9th for Burden of Regulation. We rank 3rd on the quality of transportation infrastructure (this makes sense given we have more km of paved road per 1,000 population then all other provinces.
Burden of red tape definition:
This component measures the burden of government regulations, often referred to as “red tape.” This measure is based on a survey of regulatory costs completed by the Canadian Federation of Independent
I am getting old. Didn’t Bernard Lord have a “red tape reduction commission” in 1999? 10 years later and we are still ranked 9th out of 10 provinces. What the heck is red tape?