REGINA, SASKATCHEWAN--(Marketwire - Oct. 19, 2012) - The Honourable Gail Shea, Minister of National Revenue, and the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food, today highlighted ongoing efforts between the Government of Canada and the Government of Saskatchewan to cut red tape so that Canadian businesses can do what they do best - grow Canada's economy.
"Canadians have a strong entrepreneurial spirit," said Minister Shea. "Supporting local businesses is the responsibility of every level of government, and our Government is proud to partner with the Government of Saskatchewan to support businesses in creating jobs and economic growth."
In April 2012, the Government of Saskatchewan began using the Canada Revenue Agency's (CRA's) Business Number (BN) as the unique identifier for Saskatchewan corporations. With the addition of the CRA's BN to Saskatchewan's business registration process, incorporated businesses no longer have to use two separate processes to register their business as the federal corporation income tax account is automatically created.
"Our Government wants to make it easier for Saskatchewan businesses to take care of their legal and tax affairs," said Minister Ritz, the Member of Parliament for Battlefords-Lloydminster and Regional Minister for Saskatchewan. "Having one identifier and one registration process is a significant step to cutting red tape for businesses."
"The Saskatchewan government is committed to streamlining processes across government - reducing costs for business and government," said the Honourable Don McMorris, Minister Responsible for Information Services Corporation (ISC). "Adding the BN to the ISC Business Registrations Saskatchewan site is saving Saskatchewan businesses valuable time, by further reducing the effort and paperwork required to register a business in Saskatchewan."
Earlier this month in Halifax, the Honourable Gail Shea, Minister of National Revenue, unveiled important new measures the CRA is undertaking as part of the Government's ambitious and far-reaching plan to cut red tape. At the announcement, Minister Shea spoke of the CRA's renewed focus on red tape reduction and service improvements.
In addition to improving online services and expanding the use of the Business Number, the CRA has improved the timeliness of decisions related to rulings and has a dedicated team that is responsible for coordinating and addressing small business issues.
The Red Tape Reduction Action Plan details the ways in which the Government is addressing issues identified as irritants by business during consultations in 2011. The regulatory reforms flowing from this plan will help create jobs, growth and long-term prosperity. The vast majority of these reforms will be implemented in the next three years.
The BN is a common business identifier for businesses to simplify their dealings with federal and provincial governments. It is based on the idea of one business, one number. Each business requires one BN for its legal entity.
For more information on Red Tape Reduction, visit www.cra.gc.ca/redtapereduction or call 1-800-959-5525.
FOR BROADCAST USE:
Minister of National Revenue Minister Gail Shea and the Minister of Agriculture and Agri-Food Gerry Ritz, today highlighted collaborative efforts by the Canada Revenue Agency (CRA) and the Province of Saskatchewan to cut red tape for businesses in Saskatchewan. Incorporated businesses in Saskatchewan can use one Business Number in their dealings with both the provincial and federal governments.
The Red Tape Reduction Action Plan is the Government of Canada's blueprint for cutting the red tape identified by business during consultations in 2011. The plan reforms support the Government's top priority of jobs, growth and long-term prosperity.
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