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Tackling Compliance: Small Business and Regulation in Canada

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Author Info

  • Rock Lefebvre

    ()
    (Certified General Accountants Association of Canada)

  • Philip Gans

    (Certified General Accountants Association of Canada)

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    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.

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    File URL: http://ideas.cga-canada.org/WorkingPapers/061002.pdf
    File Function: First version, 2006
    Download Restriction: no

    Bibliographic Info

    Paper provided by Certified General Accountants Association of Canada in its series Working Papers with number 061002.

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    Length: 90 pages
    Date of creation: Oct 2006
    Date of revision:
    Handle: RePEc:cga:wpaper:061002

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    Related research

    Keywords: regulatory burden; regulatory obligations; regulatory compliance; SMEs;

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