{"id":57831,"date":"2025-03-25T20:43:42","date_gmt":"2025-03-25T20:43:42","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/25\/fixing-canadas-regulatory-regime-would-foster-economic-growth\/"},"modified":"2025-03-25T20:43:42","modified_gmt":"2025-03-25T20:43:42","slug":"fixing-canadas-regulatory-regime-would-foster-economic-growth","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/25\/fixing-canadas-regulatory-regime-would-foster-economic-growth\/","title":{"rendered":"Fixing Canada\u2019s regulatory regime would foster economic growth"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"\">\n<header aria-label=\"Beginning of Article\" class=\"article-header article-header--story\">\n<nav aria-label=\"Breadcrumb\" class=\"breadcrumbs\" data-aqa=\"nav-breadcrumb\">\n<p>Breadcrumb Trail Links<\/p>\n<ol class=\"breadcrumbs__items list-unstyled\">\n<li class=\"breadcrumbs__item\">News<\/li>\n<li class=\"breadcrumbs__item\">Economy<\/li>\n<\/ol>\n<\/nav>\n<div class=\"article-header__detail\">\n<div class=\"article-header__detail__texts\">\n<p class=\"article-subtitle\">Trump tariffs could serve as an opportunity for policymakers to sweep away outdated and ineffective obstacles to growth<\/p>\n<div class=\"article-meta\">\n<p><span class=\"published-date__since\">Published Mar 25, 2025<\/span> \u00a0\u2022\u00a0 <span class=\"published-date__word-count\">4 minute read<\/span><\/p>\n<div class=\"article-meta__bottom\">\n<div class=\"bookmark-wrapper\">\n<div class=\"popover\" data-aqa=\"popover\" data-click-to-appear=\"True\" data-container=\"\" data-container-offset=\"\" data-no-style=\"\" data-popover-component=\"\" data-position=\"top\" data-sticky=\"\" data-tail-offset=\"200\" data-tail-position=\"right\"><button class=\"popover__trigger bookmark-button\"><span class=\"save-article-button save-article-button--default\" title=\"Save article\" data-article-id=\"6a673e34-54df-4ff8-b005-df14879779b9\" data-evt-skip-click=\"true\"\/><\/button><\/p>\n<div aria-describedby=\"popover-desc-popover-bookmark\" class=\"popover__content\" hidden=\"\" role=\"dialog\">\n<div class=\"popover__content__wrapper\">\n<div class=\"popover__content__text\" id=\"popover-desc-popover-bookmark\">\n<div class=\"bookmark__popover__content\">\n<p>You can save this article by registering for free here. Or sign-in if you have an account.<\/p>\n<\/div>\n<\/div>\n<p><button class=\"popover__content__close\" data-evt-skip-click=\"true\" title=\"Close\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" viewbox=\"0 0 12 12\" class=\"icon--close\" height=\"12\" version=\"1.1\" width=\"12\"><polygon points=\"12 0.95 11.05 0 6 5.05 0.95 0 0 0.95 5.05 6 0 11.05 0.95 12 6 6.95 11.05 12 12 11.05 6.95 6\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"featured-image\" data-aqa=\"featured-image\"><picture class=\"featured-image__ratio\"><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"featured-image__caption image-caption\"><span class=\"caption\">A person walks past a pet store with a Canadian flag and writing stating &#8216;locally owned and operated&#8217; in Toronto.<\/span> <span class=\"credit\">Photo by Peter J. Thompson\/National Post files<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p data-async=\"\">Donald Trump\u2019s tariffs have sparked a surge of patriotism in Canada, evident in the growing push to buy local and the wave of \u201cMade in Canada\u201d branding on store shelves.<\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p data-async=\"\">The threats from the south have done more than rally national pride. They\u2019ve also forced us to take a hard look at how we do business. There\u2019s a renewed push to tackle the long-standing barriers that have hindered Canada\u2019s competitiveness <span style=\"font-weight: 400\">\u2014 <\/span>including the arbitrary and unnecessary interprovincial trade restrictions that have made it harder to operate within our own borders.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_2\">\n<section aria-describedby=\"advertisment719709038936571204730119455244288\" class=\"ad\">\n<p>Advertisement 2<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-2\">\n<div class=\"ad__inner__container\" data-ad=\"[[6,6],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"6x6\" data-ad-loc=\"2\" data-ad-mobile=\"[[6,6],[320,50],[300,50],[300,250],[300,600]]\" data-aqa=\"advertisement\" id=\"ad-2\" style=\"--desktopHeight:250px;--mobileHeight:600px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded 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comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div class=\"intro-body__registration_only hidden\">\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p class=\"identity-intro__description\">Create an account or sign in to continue with your reading experience.<\/p>\n<ul class=\"list-unstyled list-checkmark\">\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div class=\"identity-screen m-x-0 p-x-0 col-xs-12 col-md-6 flex-justify-center flex-align-center\" aria-live=\"assertive\">\n<section class=\"sail\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-sailthru-personalization-engine=\"\" data-sailthru-personalization-engine-component=\"\"\/>\n<div class=\"m-x-0 p-x-0 col-xs-12 col-sm-6 col-md-12 flex-align-justify-center\" data-auth-component=\"\" id=\"auth-screen-form\">\n<div class=\"identity-screen-form--active w-full flex-align-justify-center\">\n<div class=\"identity-screen-form identity-screen__content w-full\">\n<h2 class=\"blocker-title\">Sign In or Create an Account<\/h2>\n<p><span class=\"identity-divider__line\"\/><span class=\"identity-divider__text\">or<\/span><span class=\"identity-divider__line\"\/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"identity-footer identity-screen__content m-x-0 p-x-0 col-sm-6 col-md-12\"\/><\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>But there is more we can <span style=\"font-weight: 400\">\u2014 <\/span>and must <span style=\"font-weight: 400\">\u2014 <\/span>do in this pivotal moment to encourage economic growth and put Canadian businesses in a better position to compete and win.<\/p>\n<p data-async=\"\">In particular, policy makers need to take direct aim at the dizzying array of regulatory barriers that are undermining our productivity, hindering investment and stifling growth. Doing so won\u2019t cost Canadian taxpayers a dime (it would likely save them a few, in fact) and could kickstart greater job creation and stronger growth.<\/p>\n<p>Canada has been a laggard in regulatory competitiveness. A World Economic Forum report described Canadian companies as facing an above average burden from government regulation compared to other countries. A key OECD indicator shows Canada ranking well below France, Spain, Ireland and dozens of other countries in reducing regulatory barriers. Meanwhile, the C.D. Howe Institute has identified regulatory uncertainty as a driver of weak business investment in Canada and a contributor to its productivity challenge.<\/p>\n<p>Certain aspects of Canada\u2019s regulatory system are praiseworthy. Notably, our financial framework shielded Canadians from the 2008 financial crisis, a period when more than 500 United States banks failed, while not a single Canadian bank did.<\/p>\n<\/section>\n<div class=\"js-widget-content article-content__widget-group article-content__widget-group--content-slot14 article-content__widget-group--newsletter-slot\">\n<section class=\"newsletter-widget__new-story-page fp-headlinenews background--primary-light-gradient\" aria-labelledby=\"FinancialPostTopStories4735310480152147090039377145888768\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component=\"\" data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<div class=\"newsletter-new-story-page-template\">\n<div class=\"newsletter-widget__header__new-story-page\">\n<div class=\"newsletter-widget__banner__new-story-page\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 75w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 100w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 150w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 240w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 320w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 500w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 640w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 800w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 1024w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 1280w, https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg 1600w\" alt=\"Top Stories\" loading=\"lazy\" fifu-data-src=\"https:\/\/dcs-static.gprod.postmedia.digital\/18.3.1\/websites\/images\/newsletters\/icon-fp-topStories.svg\"\/><\/div>\n<div>\n<p>Top Stories<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">Get the latest headlines, breaking news and columns.<\/p>\n<\/div>\n<\/div>\n<div class=\"newsletter-widget__body__new-story-page\">\n<div class=\"js-replace-main__new-story-page\">\n<p class=\"newsletter-widget__disclaimer__new-story-page text-size--tiny\">By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<div class=\"js-submit-success\" hidden=\"\" id=\"submitSuccessFP_HeadlineNews\">\n<p>Thanks for signing up!<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">A welcome email is on its way. If you don&#8217;t see it, please check your junk folder.<\/p>\n<p class=\"newsletter-widget__text__new-story-page newsletter__feedback--last\">The next issue of Top Stories will soon be in your inbox.<\/p>\n<\/div>\n<p class=\"newsletter-widget__text__new-story-page js-submit-error\" style=\"margin-top: 8px\" hidden=\"\" id=\"submitErrorFP_HeadlineNews\">We encountered an issue signing you up. Please try again<\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_3\">\n<section aria-describedby=\"advertisment8748549933281019535032309128364032\" class=\"ad\">\n<p>Advertisement 3<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-3\">\n<div class=\"ad__inner__container\" data-ad=\"[[7,7],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"7x7\" data-ad-loc=\"3\" data-ad-mobile=\"[[7,7],[300,250],[320,50],[300,50]]\" data-aqa=\"advertisement\" id=\"ad-3\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>But in recent years the pendulum has swung too far, over-emphasizing market stability at the expense of market dynamism. The result? Higher barriers to entry and expansion, a cooling of foreign investment and a tangled web of overlapping regulations.<\/p>\n<p>At a time of rapid global change, Canada can\u2019t afford to be an unattractive place to do business. Yet, that\u2019s exactly where we\u2019re heading.<\/p>\n<p>Consider this: Canada now has 44 distinct financial services regulators. Some are national, others provincial. The outcome is an onerous patchwork of regulations that hinder labour mobility, suppress growth, increase costs for businesses and delay or halt the exchange of goods and services across provincial borders. Resources that could be directed toward job creation or innovation are instead earmarked for managing the regulatory load.<\/p>\n<p>Many of these 44 regulators are expanding in size and scope. We\u2019ve seen regulatory bodies double and even triple their headcount over the past 20 years. With that growth has come a significant expansion of mandate. They are becoming increasingly active in addressing non-financial risks, expanding beyond their traditional remit of overseeing market strength and stability and into areas that impact competitive business activities, such as strategy and reputation management.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_4\">\n<section aria-describedby=\"advertisment9100120431484802384727480377278464\" class=\"ad\">\n<p>Advertisement 4<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-4\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"4\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-4\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>What can Canada do now to improve its regulatory competitiveness?<\/p>\n<p>First, we can halt the regulatory creep and modernize our regulatory infrastructure to improve efficiency and lower compliance costs for businesses. This, in turn, will free up more capital for investment and innovation for the benefit of Canadians.<\/p>\n<p>Right now, financial services firms must build comprehensive compliance frameworks to correspond with the demands of their 44 regulators across expanding scopes of regulation. This is a highly unproductive deployment of resources and leads to higher costs for consumers.<\/p>\n<p>Second, we can clarify regulators\u2019 mandates to include a secondary focus on improving competitiveness and growth to complement their core mandate for financial stability. The C.D. Howe Institute recently found that only 18 per cent of initiatives undertaken by regulators are aimed at enhancing efficiency or promoting growth. By comparison, the U.K. recently introduced a mandate for its regulators to regulate for growth, not just risk.<\/p>\n<p>And third, we can reduce the burden on companies by harmonizing regulation across the country and removing duplicative or outdated guidelines. For example, the credentials of many financial services professionals (including insurance adjusters) are not always recognized beyond their home province, creating an unnecessary barrier to mobility.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_5\">\n<section aria-describedby=\"advertisment1744777914217749924217092684382208\" class=\"ad\">\n<p>Advertisement 5<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-5\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"5\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-5\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>The Trump tariffs will be harmful to our economy <span style=\"font-weight: 400\">\u2014 <\/span>but they could also serve as an unprecedented opportunity for Canadian policymakers to sweep away outdated and ineffective obstacles to growth.<\/p>\n<section aria-labelledby=\"moreTopicLabel2288318240013092869964765956407296\" class=\"more-topic\" data-aqa=\"embed-more-topic\" data-carousel-component=\"\" data-carousel-icon-button=\"\" data-carousel-type=\"list\">\n<p>Recommended from Editorial<\/p>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-prev\" data-carousel-prev=\"\" tabindex=\"-1\" title=\"previous\" type=\"button\"\/><\/p>\n<ol class=\"more-topic__items list-unstyled\" data-carousel-slide-list=\"\" tabindex=\"0\">\n<li data-evt-val=\"{\" control_fields=\"\" goes=\"\" oh-for-three=\"\" on=\"\" trade=\"\" knowledge=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1&w=1600&resize=1600&ssl=1 1600w\" alt=\"U.S. President Donald Trump with U.S. Secretary of Defense Pete Hegseth in the Oval Office of the White House on March 21, 2025.\" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=80&sig=bmNgnmo12SF_snwTgyAdSg\" fifu-data-src=\"https:\/\/i3.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=5&sig=563SK7RfyexmdPEcySe9bA&ssl=1\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=96&strip=all&quality=80&sig=bmNgnmo12SF_snwTgyAdSg, https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=192&strip=all&quality=80&sig=rtdNs3pdGvULK03TKAiJyg 2x,\n                                             https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/Trump-Hegseth.jpg?h=288&strip=all&quality=80&sig=-oUBrs3HlOhBotyMG71xUA 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Trump goes oh-for-three on trade knowledge<\/span><\/p>\n<\/li>\n<li data-evt-val=\"{\" control_fields=\"\" raise=\"\" productivity=\"\" let=\"\" canadians=\"\" profit=\"\" from=\"\" it=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1&w=1600&resize=1600&ssl=1 1600w\" alt=\"Canada's Prime Minister Mark Carney speaks at a news conference at Rideau Hall in Ottawa on March 23, 2025.\" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=80&sig=I3p-ox-YANoU6nWnqmZ_VQ\" fifu-data-src=\"https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=5&sig=sOf4ZzPd7evm_uI0WAO0Sg&ssl=1\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=96&strip=all&quality=80&sig=I3p-ox-YANoU6nWnqmZ_VQ, https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=192&strip=all&quality=80&sig=ikp_LDwLqH1j2-QA0Mcacg 2x,\n                                             https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2025\/03\/2205985788_294586538.jpg?h=288&strip=all&quality=80&sig=KS6hqWRIeuCQWrA2qCyr8A 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">To raise productivity, let Canadians profit from it<\/span><\/p>\n<\/li>\n<\/ol>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-next\" data-carousel-next=\"\" tabindex=\"-1\" title=\"next\" type=\"button\"\/><\/section>\n<p>In this volatile moment, we are all seeking ways to protect our economy and help it prosper. A predictable and balanced regulatory framework would help to enhance economic competitiveness, encourage foreign capital investment, boost productivity and drive job creation.<\/p>\n<p data-async=\"\"><em>Celyeste Power is chief executive of Insurance Bureau of Canada.<\/em><\/p>\n<p data-async=\"\"><em><strong>Bookmark our website and support our journalism:<\/strong> Don\u2019t miss the business news you need to know \u2014 add financialpost.com to your bookmarks and sign up for our newsletters here.<\/em><\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__share-group article-delimiter\" data-evt-val=\"{\" control_fields=\"\" data-evt-typ=\"page_scroll\">\n<p>Share this article in your social network<\/p>\n<\/section>\n<\/div>\n\n<br \/>Fixing Canada\u2019s regulatory regime would foster economic growth<\/a><br \/>\n<br \/>2025-03-25 20:43:42<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breadcrumb Trail Links News Economy Trump tariffs could serve as an opportunity for policymakers to sweep away outdated and ineffective obstacles to growth Published Mar 25, 2025 \u00a0\u2022\u00a0 4 minute&#8230;<\/p>\n","protected":false},"author":2,"featured_media":57832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/no0325store.jpg?quality=90&strip=all&w=288&h=216&sig=q9YSg9Z1NA2iBS9Ty2eEdA","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-57831","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=57831"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/57832"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=57831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=57831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=57831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}