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Classified in: Business
Subjects: LAW, ECO, POL, CFG

Canada revamps its Directive on Regulations - more agile, transparent, and responsive so businesses can thrive


OTTAWA, Sept. 7, 2018 /CNW/ - The Government of Canada is committed to supporting businesses, including small and medium-sized enterprises.

Recognizing that Canada must keep pace with emerging economic opportunities and evolving challenges, the Honourable Scott Brison, President of the Treasury Board and Minister of Digital Government, today announced a new Cabinet Directive on Regulation, which came into effect September 1, 2018. Minister Brison made the announcement during a meeting with members of the Oakville Chamber of Commerce, where he provided an update on the government's plan for supporting the middle class and those working hard to join it. He also discussed small business, clean growth, innovation, infrastructure, and trade.

The new directive promotes an agile regulatory system that is predictable, efficient, and consistent.  While continuing to protect the health, safety, and security of Canadians and the environment, the new directive helps engage Canadians and stakeholders throughout the regulatory process. It also builds on the government's commitment in Budget 2018 to modernize our regulatory framework with a focus on supporting innovation and business investment.  

The directive takes into account the views of Canadians, parliamentarians, federal regulators and businesses. It reflects their suggestions for greater transparency, more robust cost impact analysis, and enhanced regulatory cooperation, both domestically and internationally, to reduce overlap and regulatory barriers.

The directive also applies a small business lens to new regulatory changes, ensuring that when regulations are drafted, the impacts on small businesses in Canada are always considered. Finally, it introduces continuous regulatory review requirements that will help eliminate irritants and ensure that all federal regulations stay up-to-date and streamlined.

The new Cabinet Directive on Regulation is the foundation for modernizing the Canadian regulatory system, and supports a key Government of Canada commitment to innovation, growth, and competitiveness.

Quotes

"Canada's regulatory system is internationally recognized as among the best in the world. Now we're making it better. The Cabinet Directive on Regulation will support a transparent, evidence-based regulatory system that will deliver economic benefits to current and future generations of Canadians."
-          The Honourable Scott Brison, President of the Treasury Board and Minister of Digital Government

"Our government is committed to making it easier for small businesses to start up, scale up and reach new markets. This new Cabinet Directive on Regulation is an improvement on the directive created by the previous government. All regulations will now undergo a small business lens analysis, and this will help small businesses by reducing regulatory burden, increasing transparency, and creating a more predictable regulatory system. This means small business owners can spend less time navigating complex regulation and more time focused on growing their business and creating well-paying jobs for Canadians from coast to coast to coast."
-          The Honourable Mary Ng, Minister of Small Business and Export Promotion

"We are particularly pleased to see the commitment to enhance and maintain Canada's ground breaking one-for-one rule and small business lens in the new directive. These initiatives continue Canada's world leadership. More importantly, keeping red tape to a minimum is critical to the middle-class prosperity that makes this a great country."
-          Laura Jones, Executive Vice-President and Chief Strategic Officer of the Canadian Federation of Independent Business (CFIB)

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SOURCE Treasury Board of Canada Secretariat


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