Red Tape Challenge: Financial Services Sector

The province has launched its latest round of Red Tape Challenge consultations.  This time around the focus is on the Financial Services Sector.  

Did you know that the financial services sector in Ontario is second only to New York in North America?  According to the Ontario Government, there are more than 12,000 companies employing more than 380,000 people.  For those working in the sector what are your challenges?  What are those regulatory pieces that require time and take time out of your business?   

Here’s your chance to speak up and have your voice heard: 
https://www.ontario.ca/page/red-tape-challenge

​About the Red Tape Challenge
The Red Tape Challenge is a provincial government initiative examining six sector areas for efficiencies: automotive parts manufacturing, food processing, financial services, mining, chemical manufacturing forestry and tourism.   

The Ontario Chamber of Commerce proposed such a program in its Emerging Stronger 2015 document.  The program had great success in the UK.  

---