OTTAWA – The federal government is set to spend $11.5 million over the next three years to pursue a regulatory reform agenda to help improve innovation and business investment.
The recommendation for the review came from a December 2017 report from the Advisory Council on Economic Growth which looked at how to create an agile regulatory system in Canada.
“The goal is to make the Canadian regulatory system more agile, transparent and responsive, so that businesses across the country can explore and act on new opportunities, resulting in benefits for all Canadians,” reads budget 2018.
The targeted reviews will look at “regulatory requirements and bottlenecks” with an initial focus on transportation and infrastructure, emerging technologies (such as autonomous vehicles), health/bio-sciences and agri-food and aquaculture.
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