Canada’s Centre for Regulatory Innovation supports the development of new and emerging products
OTTAWA, ON, Nov. 27, 2020 /CNW/ – The Government of Canada is committed to fostering innovation in its approach to regulations, striving to bring value to businesses while maintaining world-class health, safety and security protections for Canadians and the environment.
The President of the Treasury Board of Canada announced today that the new Centre for Regulatory Innovation is fully operational. The Centre is dedicated to helping business and industry launch novel products and services into the marketplace.
A commitment from 2018’s Fall Economic Statement, the Centre will guide Canadian businesses through the federal regulatory system and help them connect with relevant regulatory bodies. As well, the Centre will have the role of helping regulators undertake experiments that can help industry bring applications of new and emerging technologies into the Canadian marketplace and support their competitiveness.
Setting up the Centre is one of several regulatory modernization actions the Government is