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註釋Regulations that deliver little or no net social value clearly undermine pro- ductivity, because the time and money spent on understanding and accom- modating them could be put to better use in any number of ways that would fraserinstitute.org /. 11 12"/"Achieving the 4-Day Work Week: Essays on Improving Productivity Growth in Canada Figure 1: The Effect of Excessive Regulations on the Productivit [...] One Canadian attempt to quantify the cost of regulation and to differentiate between justified regulation and red tape suggests that the drag on productivity is substantial. [...] There is no annual regulatory budget exercise to par- allel fiscal budgets and no culture around measuring and challenging the cumulative regulatory burden we carry as a society, which creates a drag on the growth of productivity and living standards. [...] Operationalizing red tape reduction: The British Columbia model British Columbia has been a leader in regulatory measurement and transparency since 2001 when it was the first province to regularly report a measure of the regulatory burden and set a reduction target.6 It used a methodology similar to Mercatus but counted government rules from a broader array of instruments, including government pol [...] The province went from being one of the worst performing in the country to one of the best.