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Reduce regulatory, tax and policy issues that can inhibit development and investment.

FIVE YEAR OBJECTIVE

Reduce regulatory, tax and policy issues that can inhibit development and investment.

SHORT-TERM ACTIONS (YEARS 1-2)

  1. Engage a business-led, volunteer taskforce to undertake a competitiveness review of municipal and provincial regulations and taxes against benchmark cities with recommendations for reform. Ensure linkage to the Province’s Better Regulations Initiative.

    Lead: HRM
    Business Community Engagement: HIGH

  2. Open for Business Team advocates for recommendations for improvement.

    Lead: HRM
    Business Community Engagement: HIGH

MEASUREMENT

  • Construction approval speed
  • Perception of business climate
  • Competitive levels of public investment
  • Competitive business tax burden