Tackling Compliance: Small Business and Regulation in Canada

Rock Lefebvre () and Philip Gans
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Rock Lefebvre: Certified General Accountants Association of Canada
Philip Gans: Certified General Accountants Association of Canada

No 61002, Working Papers from Certified General Accountants Association of Canada

Abstract: There has been increasing concern in Canada with respect to over-regulation; and specifically to what it means to smaller entities. Seeking to advance the understanding of the impacts of regulations on the SME sector, CGA-Canada commissioned a Small and Medium-sized Entities (SME) survey, a Practitioner survey, and held a public consultation on this topic. The results of the research show that individual regulatory requirements applicable to publicly-traded SMEs in Canada are seen as reasonable and fair (with the exception of securities requirements). However, the cumulative impact of regulation is a significant concern for SMEs while views toward the impacts of regulation vary between regions in Canada. Relative to other regulatory areas, securities regulations are of the greatest concern to publicly-traded SMEs in Canada.

Keywords: regulatory burden; regulatory obligations; regulatory compliance; SMEs (search for similar items in EconPapers)
JEL-codes: M19 L5 G18 (search for similar items in EconPapers)
Date: 2006-10
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http://ideas.cga-canada.org/WorkingPapers/061002.pdf First version, 2006 (application/pdf)

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Persistent link: http://EconPapers.repec.org/RePEc:cga:wpaper:061002

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