This analysis looks at Canada’s regulatory requirements for major resource projects and recent initiatives to reduce the time required to review projects.
Making Canada More Competitive: Improving Major Project Regulation in Canada
Making Canada More Competitive: Improving Major Project Regulation in Canada
Canadian Economic Analysis
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The burden of regulation can be a key constraint to economic performance. Governments at all levels in Canada are keenly aware of this burden and face constant pressure to reduce regulatory requirements. This analysis looks at regulatory requirements for major resource projects and recent initiatives to reduce the time required to review projects. The goal is to contribute to regulatory efficiency without sacrificing effectiveness. The key focus of this study is the evolving regulatory treatment of major resource projects—primarily at the federal level—while also considering issues of shared jurisdiction with provincial or aboriginal governments.
The report presents recommendations that we believe would lead to further improvements in coordination. In addition, it points to areas in which consolidation of regulatory roles might be more efficient and effective than just coordination.
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