File photo of MLA Grant Hunter (Government of Alberta)

By Justin Goulet

Alberta “well on its way” to meeting red tape reduction promise

Apr 8, 2021 | 3:35 PM

EDMONTON, AB – The Alberta Government says it’s living up to its promise to reduce red tape.

Minister of Red Tape Reduction Grant Hunter introduced Bill 62: Red Tape Reduction Implementation Act, 2021 in the legislature Thursday.

The province noted that red tape has been reduced so far by 15 per cent and is well on its way to meeting its commitment of reducing red tape by one-third by 2023. Bill 62 has a goal of creating greater efficiencies, faster approvals and saving both time and money for job creators “when they need it most”.

“These amendments support economic growth, our innovators and our job creators,” Hunter stated.

“Now more than ever, it is important that we continue to cut red tape and male it easy as possible for businesses to expand and create jobs.”

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The proposed act includes amendments to eight legislative items, including:

• Support for the construction industry by establishing clear rules for the adjudication process and clarifying the types of jobs and the professions to which Alberta’s prompt payment rules will apply.
• Expanding Travel Alberta’s mandate, giving the agency a more active role working directly with communities, business and entrepreneurs to develop new tourism destinations, products and experiences in Alberta.
• Harmonizing Alberta securities law with other Canadian jurisdictions, enhancing existing protections for investors and expanding opportunities for companies to raise capital more efficiently in Alberta.

“Evolving the role of Travel Alberta from that of a destination marketing to a destination management organization is foundational to the recovery, growth, innovation and investment in Alberta’s visitor economy,” said Alisha Reynolds, chair of the Tourism Industry Association of Alberta.

“TIAA fully supports this move and believes the purposeful pursuit of new tourism product and destination development opportunities will forever change the economic prospects of communities, and the experiences of visitors.”

Bill 62 includes amendments to the Securities Act, Business Corporations Act, Alberta Utilities Commission Act, Family Property Act, Fatal Accidents Act, Builders’ Lien Act, Real Estate Act, Travel Alberta Act, and the Employment Standards Code.