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The
Economic Freedom
Network

 
Public Policy Sources

Federal Deregulation, Regulatory Reform and Regulatory Management:
Rhetoric or Reality?

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Conclusion


This paper has shown that the federal government recognizes the cost of regulation to the economy and its consequent adverse impact on economic activity and job creation. At the same time, successive federal governments have failed to recognize the unintended consequences of attempting to alleviate most, if not all, risks facing Canadians. In response to the former concerns, Ottawa has initiated regulatory reforms over the last two decades without much success. It is time for the federal government, therefore, to improve the regulatory decision-making process by insisting that government departments and agencies rely on solid science, comparative risk assessment, and rigorous cost-benefit studies; more importantly, it must impose upon the departments and agencies a management structure that will ensure that these changes are carried out.

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Last Modified: August 23, 2000.