Making Money Minute with Ron Hiebert - Death By Regulation

The size of Canada’s manufacturing sector has just been overtaken by Ireland. This is pathetic beyond words. Ireland is a country with one eighth our population. The reason we are viewed as an unattractive place to invest is regulation. We are drowning in it. Rules have increased by 42% since 2005 and now total 105,000. The atrophy of our industrial base is a case study on everything you don’t want to do. Our failure puts us at the bottom of the industrialized world. They should call it, strangulation by regulation.

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