Government Regulatory I Tervention In Canadian Business
This is the first 1,000 characters of 843 words (3.37 pages) in the essay titled Government Regulatory I Tervention In Canadian Business
|Government Regulatory I tervention in Canadian Business
Government Regulatory Intervention in Canadian Business
It is possible that Canada may be approaching the critical level where the economy is being strangled; where enterprise is re-strained and where entrepreneurship is stifled. But Canada could not dishevel itself that easily. Canadian business will not fall because it doesn't like a few rules. Canadian business will realize that Government regulations have a positive and effective role in society and should be commended, and not scrutinized. Public choice theory explains that the Canadian Government will always strive for pay, perks, and power, and there may not be much Canadians can do about changing the incentive structure of the regulators themselves. But might it be possible to set up and enforce by law, some principles of regulation to make interference more rational, more effective, and less costly?
First of all, one would argue that the regulatory entity s...
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