Small Business Accord Announced
Kamloops, October 22, 2012 – The BC Chamber of Commerce and the Hon. Naomi Yamamoto, Minister of State for Small Business, have announced a consultation process to create a Small Business Accord.
“This Accord will ensure that the government is held accountable for its actions in regulating business,” said John Winter, President & CEO of the British Columbia Chamber of Commerce. “Through an extensive consultation process with small businesses across the province the government will develop a regulations framework to reduce red tape and help make BC the most business-friendly jurisdiction in the country.”
This initiative was started by the BC Chamber of Commerce when it sent a letter to Minister Yamamoto supporting the establishment of a Small Business Accord in BC.
The importance of small business to the economic vitality and prosperity of BC cannot be overstated. BC has a strong reliance on small business with a full 98% of all businesses in BC being either self-employed or having 50 employees or less. Small business employs over 1 million British Columbians, representing 57% of all private sector jobs in the province.
“This is another example of this government’s excellent record of recognizing the importance of the small business sector and creating initiatives to help it to grow,” continued Winter. “This accord will create a significant reduction in the red tape small businesses face.
The BC Chamber is the largest and most broadly based business organization in the province. Representing over 120 Chambers of Commerce and 32,000 businesses of every size, sector and region of the province the BC Chamber of Commerce is “The Voice of Business in BC.”
BC Government News Release available here
For more information, please contact:
President & CEO
BC Chamber of Commerce