Business View Magazine - October 2024

THE CHALLENGES OF REGULATORY RED TAPE IN OTTAWA Operating out of Ottawa, Canadian Energy Protection is uniquely positioned in a city dominated by government activity. While one might assume proximity to the nation’s political heart would offer an advantage in monitoring legislation, the reality is quite different. Izabelle offers a candid take on this, noting, “It’s probably harder because there’s so much government in Ottawa.” The pervasive influence of government and the dense concentration of bureaucratic operations make Ottawa a challenging environment for staying ahead of regulatory changes. In Ottawa, nearly everyone is connected to the government somehow, significantly shaping the city’s atmosphere and business dynamics. “Ottawa has a different personality than other cities,” Izabelle observes. “You can feel it. There’s a vibe here that doesn’t exist in Toronto or London.” This unique environment, while rich in political activity, also means that businesses like Canadian Energy Protection must constantly navigate layers of regulatory red tape. Mark echoes this sentiment, acknowledging that staying on top of regulatory developments can be more challenging in Ottawa. “In Ottawa, it’s the federal government, so federal regulations don’t touch us directly. We’re provincially regulated, and that government is in Toronto.” While federal policies influence the broader energy landscape, the day-to-day regulations affecting Canadian Energy Protection are determined at the provincial level. Izabelle Justice 66 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 10

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