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Regulatory Experimentation Expense Fund draft (view source)
Revision as of 11:54, 5 September 2024
, 5 Septemberno edit summary
=== Financial Support ===
=== Financial Support ===
* Up to $1,400,000 per fiscal year, with multi-year funding available, to cover experimentation expenses
* Up to $1,400,000 per fiscal year, with multi-year funding available, to cover expenditures considered necessary to support the purpose of the proposed regulatory experiment or pre-experiment
** Funds transferred as operational funds (O&M) on a cost recovery basis
** Funds transferred as operational funds (O&M) on a cost recovery basis
** The Treasury Board of Canada Secretariat reserves the right to make the final determination on eligible expenditures
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=== Technical Support ===
=== Technical Support ===
* Expert advice and guidance to help navigate your specific regulatory context
* Expert advice and guidance to help navigate your specific regulatory context
== Eligibility Criteria ==
To be eligible for the REEF, proposed regulatory projects must meet the following criteria:
'''Regulatory Experimentation:''' The project must be about regulatory experimentation, either:
a. Conducting a regulatory experiment, or
b. Supporting pre-experimentation activities (developing an experiment or determining if experimentation is appropriate)
'''Problem or Opportunity:''' The project must address at least one of the following:
* A defined industry need
* A technological challenge
* A market opportunity
'''Innovation:''' The project must support innovation in regulatory approaches or in the marketplace.
== The REEF Process ==
== The REEF Process ==
