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Annual Report to Parliament for the 2016 to 2017 Fiscal Year: Benefits and Costs of Significant Federal Regulations, and the Implementation of the One-to-One Rule (view source)
Revision as of 10:49, 26 July 2022
, 10:49, 26 July 2022no edit summary
* 170 were low-impact (89% of GIC regulations and 52% of all regulations)
* 170 were low-impact (89% of GIC regulations and 52% of all regulations)
* 20 were significant (11% of GIC regulations and 6% of all regulations)
* 20 were significant (11% of GIC regulations and 6% of all regulations)
[[File:20171211-8370-fig01-eng.jpg|left|thumb|342x342px|'''Figure 1:''' provides an overview of the categories of regulations published between April 1, 2016, and March 31, 2017. ]]
[[File:20171211-8370-fig01-eng.jpg|left|thumb|484x484px|'''Figure 1:''' provides an overview of the categories of regulations published between April 1, 2016, and March 31, 2017. ]]<blockquote><blockquote style="background-color: white; border: solid thin grey;">During this period, 134 non-Governor in Council regulations were published, and 190 Governor in Council regulations were published.
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Of the 190 Governor in Council regulations, 170 were low-impact regulations, and 20 were medium- or high-impact regulations, also known as significant regulations.
Of the 20 significant regulations, 14 had cost-benefit analysis of monetized costs and benefits, and 2 had analysis of monetized costs only</blockquote></blockquote>
=== Monetized benefits and costs ===
An analysis of monetized benefits and costs is required for all significant regulatory proposals. As mentioned, medium-impact proposals are not required to monetize benefits when data is not readily available. Although some low-impact proposals include a full CBA, such proposals are the exception. The data on CBAs provided in this report are from medium- and high-impact proposals.
Of the 20 significant regulations, 16 had monetized impacts, representing 8.4% of GIC regulations and 4.9% of all regulations. Of these:
* 14 had monetized benefits and costs
* 2 had monetized costs only
[[File:20171211-8370-fig02-eng.jpg|left|thumb|'''Figure 2:''' depicts the net benefit of significant regulations published between April 1, 2016, and March 31, 2017.]]<blockquote><blockquote style="background-color: white; border: solid thin grey;">During this period, 134 non-Governor in Council regulations were published, and 190 Governor in Council regulations were published.
Of the 190 Governor in Council regulations, 170 were low-impact regulations, and 20 were medium- or high-impact regulations, also known as significant regulations.
Of the 20 significant regulations, 14 had cost-benefit analysis of monetized costs and benefits, and 2 had analysis of monetized costs only</blockquote></blockquote>