TORONTO—The costs of government regulation, including labour regulations such as licencing and accreditation, represent a real barrier for Canadians—especially low-income Canadians—trying to move up the income ladder, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Government regulations impede the ability of Canadians to make themselves better off by slowing the upward mobility of workers,” said Vincent Geloso, an assistant professor of economics at George Mason University, senior fellow at the Fraser Institute and co-author of Economic Freedom Promotes Upward Income Mobility.