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The UCP says it will cut red tape and regulations in the province by one third, reporting back to Albertans by 2020 on the process and how it’s going.

Premier Jason Kenney made the red tape reduction promise during the election campaign, saying regulations were impeding Alberta’s economic and job growth.

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“Our goal is to transform Alberta from one of the slowest-moving and over-regulated economies in Canada, to one of the freest and fastest-moving in the world,” he told media Wednesday at construction company PCL in Nisku.

The bill itself is light on details. Two pages long, it doesn’t include a timeline, nor a definition of an unnecessary regulation.

Kenney said that’s because he wants ministers and the public service to use their discretion, and be flexible and innovative in how they reduce red tape.

He said his government has already cut 17 regulations since being in power.

As for how many are left, the premier said associate minister for red tape reduction, Grant Hunter, is in the midst of working that out.