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Regulatory Experimentation Expense Fund draft (view source)

Revision as of 14:25, 15 September 2025

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The Regulatory Experimentation Expense Fund (REEF) supports federal regulators in innovating or facilitating innovation in the marketplace by experimenting with:

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* Innovative approaches to any stage of the regulatory lifecycle

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* Innovative approaches to reducing red tape at any stage of the regulatory lifecycle

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* ~~Market~~ innovations (e.g., new products, business models, and services)

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* Helping industry innovations get to market (e.g., new products, business models, and services)

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===<small>Financial Support</small>===

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*The total funding envelope is $1,~~400~~,000 per fiscal year. This amount represents the overall budget available to support multiple projects across potentially multiple fiscal years. Funding will be allocated to cover expenditures considered necessary to support the purposes of proposed regulatory experiments or pre-experiments. Individual project budgets will vary based on their scope and needs, within the constraints of this total funding envelope.

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*The total funding envelope is $1,200,000 per fiscal year. This amount represents the overall budget available to support multiple projects across potentially multiple fiscal years. Funding will be allocated to cover expenditures considered necessary to support the purposes of proposed regulatory experiments or pre-experiments. Individual project budgets will vary based on their scope and needs, within the constraints of this total funding envelope.

**The Treasury Board of Canada Secretariat reserves the right to make the final determination on eligible expenditures

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</div>

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'''Innovation:''' The project must support innovation in regulatory approaches or in the marketplace.

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'''Innovation:''' The project must support innovation in regulatory approaches or in the marketplace

</div>

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~~[[File:Regulatory_innovation_tools.png|alt=|left|216x216px|thumb]]~~

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~~=== <small>Webinar: Regulatory Innovation Tools (December 13, 2023)</small> ===~~

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For further insight into the eligibility criteria and examples of successful projects, please watch the webinar on [https://1drv.ms/v/s!AsrR00ThYnaKa3QDQ3B3xtblils?e=tcgaNX Regulatory Innovation Tools] from December 13, 2023. This webinar provides valuable information on how to meet the criteria and enhance your proposal.

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~~Click to access presentation materials: [[:en:images/f/fd/CRI_Regulatory_Innovation_Tools_Webinar_(EN).pdf|Regulatory Innovation Tools Webinar Deck]]~~

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~~<div style="clear: both;"></div>~~

==The Process==

[[File:REEF Process.png|center|frameless|1077x1077px]]

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! style="background-color: #C3D0C9; color: #333333; width: 65%;" | Description

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| style="background-color: #~~f2f2f2~~;" |'''Informal Consultation'''

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| style="background-color: #ffffff;" |'''Informal Consultation'''

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| style="background-color: #~~f2f2f2~~;" |

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| style="background-color: #ffffff;" |

Before submitting an EOI, consult with the CRI at [mailto:cri-cir@tbs-sct.gc.ca cri-cir@tbs-sct.gc.ca] to confirm project eligibility.

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| style="background-color: #~~ffffff~~;" | '''Expression of Interest Submission'''

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| style="background-color: #f2f2f2;" | '''Expression of Interest Submission'''

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| style="background-color: #~~ffffff~~;" |

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* Submit an [https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwiki.gccollab.ca%2Fimages%2Farchive%2Fc%2Fc2%2F20240913183841%2521Expression_of_Interest_%2528EOI%2529_Template.docx&wdOrigin=BROWSELINK Expression of Interest (EOI)] by November 21, 2025.

* EOIs should be brief and take only a few hours to complete.

Jasmith

33

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