OTTAWA, ON, 29 Jun 2020 /CNW/ – the government Canada recognizes that the connection Canada various Federal, provincial and territorial registries will make business registration and reporting easier. In an effort to make it easier and faster to start a business in Canadathe government have jointly developed and launched a digital solution to improve business registration, saving businesses time and money.
Digital solutions, called the multi-jurisdictional service registry access (MRA), reduces red tape and internal trade barriers for companies by connecting the registers throughout the country. It enables companies to Canada easy to sign-up in some provinces and territories without having to provide the same information in each jurisdiction.
Today British Columbia, Albert, Saskatchewan and Manitoba were the first to accept the digital decision of the SVP to connect their business registries and share information. This means that businesses will be easier to register in those provinces, and now in other countries in the future. The adoption of SVP of the Western provinces is a continuation of the SVP-enabled Canada Business Registersfree online search platform canadian business up and running in 2018.
SVP is the result of pan-canadian cooperation, led by the Federal government to make it easier for companies to register and conduct business with government and increase corporate transparency. In accordance with the regulatory-canadian free trade agreement on reconciliation and the collaboration table, the jurisdictions Canada approved an agreement to reduce internal trade barriers by collaborating in the adoption of MRAs.
“We are committed to improving corporate transparency and the reduction of internal trade barriers to canadian businesses. The adoption of multi-jurisdictional services to access the registry in the four Western provinces is the result of successful cooperation which will bring tangible benefits for business. As the economy turns the corner on the pandemic, businesses can be assured that our government makes it easier for them to invest and create jobs.”
– The honourable John Francis Daley, Jonathan, Ben, Minister of industry, science and innovation
“Canadians are innovative and entrepreneurial, and our government breaks years of regulatory red tape to help more entrepreneurs to turn their innovative ideas into a successful business. That is why we are gathered together to create a multi-jurisdictional registry access for maintenance, making it easier for companies to register with the government and go to the Western provinces. We remain committed to helping canadian entrepreneurs to recover in the coming weeks and months.”
– Honourable Mary NG, Minister of small business, export promotion and international trade
- Multi-jurisdictional services registry access (MRA) is a digital solution designed to connect 14 business registers in Canada. It is part of the government Canada efforts to reduce the burden of registration, and provides customer-centric digital services to businesses, including small businesses.
- Businesses are required by law to register in each province or territory where they do business. Business registration is akin to birth registration, as it also is the authoritative source of identity.
- More business-registries must use SVP to extend streamlined business registration in Canadastarting with corporations Canada (Federal) in the fall of 2020.
- British Columbia, Albert, Saskatchewan and Manitoba the adoption of the SVP performs the commitments undertaken in the framework of the new trade agreements of the Western Partnership for the harmonization of business registration and reporting requirements between jurisdictions, thereby facilitating interprovincial business processes.
The source of innovation, scientific and economic development of Canada
For more information: John Power, press Secretary, office of the Minister of industry, science and innovation, 343-550-1456, [email protected]; Ryan is coming, press Secretary, office of the Minister for small business, export promotion and international trade, [email protected], 343-551-0244; media, innovation, scientific and economic development of Canada, 343-291-1777, [email protected]