External Advisory Committee on Regulatory Competitiveness: Fall 2020 Meetings

The External Advisory Committee on Regulatory Competitiveness (EACRC) is an advisory committee that provides independent advice to the President of the Treasury Board on opportunities to improve Canada’s regulatory competitiveness. EACRC meetings facilitate conversations between stakeholders to examine regulatory issues that impact Canadian business and that are bottlenecks to innovation and growth.

From September to December 2020, the EACRC held a series of meetings where members heard from a range of stakeholders and government partners in alignment with the EACRC’s terms of reference. Themes that arose during this period are listed below.

COVID-19

The pandemic response in Canada has shown that the government can act quickly to mitigate risk for Canadians. The EACRC considered the impacts of COVID-19 on the Government’s regulatory approach and re-confirmed that its previous recommendations to the President of Treasury Board of Canada Secretariat continue to be relevant.

Innovation

The EACRC is well positioned to identify new and emerging sectors that could benefit from innovative regulatory mechanisms. The EACRC met with officials from the Centre for Regulatory Innovation (CRI) and shared insights on how to embed and nurture a culture of regulatory innovation within government. The EACRC will continue to recommend sectors where innovative regulatory approaches would have value. See the EACRC’s letter to the President in January 2021. 

Regulatory competitiveness

The EACRC provided insight on initial TBS efforts to better define and measure regulatory competitiveness. Members of the EACRC supplied advice to inform the Treasury Board of Canada Secretariat’s ongoing efforts to modernize the Red Tape Reduction Act (RTRA). For instance, in their January 2021 letter to the President, the EACRC recommended that the RTRA be extended beyond business to include regulatory burdens affecting citizens.

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