Difference between revisions of "Regulatory Experimentation Expense Fund draft"

Latest revision as of 16:03, 4 September 2024

Home	Events	Regulatory Sandboxes	What is Regulatory Experimentation?	Regulatory Experimentation Expense Fund	Regulators' Capacity Fund	CRI Supported Projects	Tools and Resources

Expressions of Interest for the Regulatory Experimentation Expense Fund will be accepted until October 16, 2024.

Project Eligibility

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

Innovative approaches to any stage of the regulatory lifecycle
Market innovations (e.g., new products, business models, and services)

All stages of regulatory experimentation are supported, including:

Determining if an experiment is the right approach
Developing a regulatory experiment
Conducting a regulatory experiment

New this year: Expressions of interest are now accepted for Impact Canada challenge prize, for challenges intended to inform regulatory development.

The REEF is open to all Government of Canada regulators. Priority given to collaborative experiments with regulated entities or businesses.

What can the REEF offer?

Regulators can receive:

Financial Support

Up to $1,400,000 per fiscal year
Multi-year funding available
Funds transferred as operational funds (O&M) on a cost recovery basis

Note: Funds cannot be used to award a financial prize for an Impact Canada challenge prize. Prize awards require grants and contribution from the applicant.

Technical Support

Expert advice and guidance to help navigate your specific regulatory context

The REEF Process

	Step	Description
1.	Informal Consultation	Before submitting an EOI, consult with the CRI to confirm project eligibility. Email: cri-cir@tbs-sct.gc.ca Note: For challenge prize projects, mention this in your email.
2.	Expression of Interest	Submit an Expression of Interest (EOI) EOIs should be brief and take only a few hours to complete Email submissions to: cri-cir@tbs-sct.gc.ca
3.	Proposal Submission	Successful EOI applicants invited to complete a full proposal Obtain support from Director General or above CRI supports throughout the process Use the Regulators' Experimentation Toolkit
4.	Proposal Assessment	Interdepartmental Steering Committee assesses proposals and makes final funding decisions
5.	Funding Decision	Funding available from April 2025 MOU completion required Regular reporting needed (financial forecast, progress, and final reports) Scheduled invoices for expense recovery

Project Updates and Communication

Wiki updated with project name and brief description upon approval
Project one-pager created upon completion
Occasional presentations to raise awareness (project leads contacted for content verification)

Application Documents

Document	Description
REEF Guide	Comprehensive guide to the REEF process
Regulators' Experimentation Toolkit	Toolkit for regulatory experiments and sandboxes
Expression of Interest (EOI) Template	Template for submitting your initial interest
Proposal Template	Template for full project proposal

REEF Ongoing Projects

Department/Agency	Project Title	Project Description
Transport Canada (TC)	Light Sport Aircraft	Sandbox experiment to assess reliability and training quality of Light Sport Aircraft
Health Canada (HC)	Advanced Therapeutic Products Framework for CAR-T Products	Testing co-creation process for regulatory sandbox requirements
Transport Canada (TC)
Transport Canada (TC)
View list of completed projects and experimentation reports

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 __TOC__
 </div>
+<div style="overflow: hidden;">
 == Project Eligibility ==
 The Regulatory Experimentation Expense Fund (REEF) supports federal regulators in innovating or facilitating innovation in the marketplace by experimenting with:
-<div style="margin-left: 30px;">
+* Innovative approaches to any stage of the regulatory lifecycle
-:* Innovative approaches to any stage of the regulatory lifecycle
+* Market innovations (e.g., new products, business models, and services)
-:* Market innovations (e.g., new products, business models, and services)
-</div>
-<div style="display: inline-block; background-color: #e6f3ff; padding: 5px 10px; border-radius: 5px; margin: 10px 0;">
+<div style="background-color: #e6f3ff; padding: 10px; border-left: 5px solid #4a86e8; margin: 10px 0;">
 '''All stages of regulatory experimentation are supported, including:'''
 * Determining if an experiment is the right approach
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 </div>
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+<div style="background-color: #e6ffe6; padding: 10px; border-left: 5px solid #4caf50; margin: 10px 0;">
 '''New this year:''' Expressions of interest are now accepted for [https://impact.canada.ca/en/challenges Impact Canada] challenge prize, for challenges intended to inform regulatory development.
 </div>
+</div>
+<div style="clear: both;"></div>
 '''The REEF is open to all Government of Canada regulators.''' Priority given to collaborative experiments with regulated entities or businesses.
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+! style="width: 5%; background-color: #C3D0C9; color: #333333;" |
 ! style="width: 20%; background-color: #C3D0C9; color: #333333;" | Step
-! style="width: 80%; background-color: #C3D0C9; color: #333333;" | Description
+! style="width: 75%; background-color: #C3D0C9; color: #333333;" | Description
 |-
-| style="background-color: #f2f2f2;" | 1. Informal Consultation
+|'''<big>1.</big>'''
+| style="background-color: #f2f2f2;" |
+=== <small>Informal Consultation</small> ===
 | {{#tag:div|
 Before submitting an EOI, consult with the CRI to confirm project eligibility.
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-| style="background-color: #f2f2f2;" | 2. Expression of Interest
+|'''<big>2.</big>'''
+| style="background-color: #f2f2f2;" |
+=== <small>Expression of Interest</small> ===
 | {{#tag:div|
 * Submit an [https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwiki.gccollab.ca%2Fimages%2F1%2F17%2FExpression_of_Interest_%2528EOI%2529_Template_.docx&wdOrigin=BROWSELINK Expression of Interest (EOI)]
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 |class="mw-collapsible mw-collapsed"}}
 |-
-| style="background-color: #f2f2f2;" | 3. Proposal Submission
+|'''<big>3.</big>'''
+| style="background-color: #f2f2f2;" |
+=== <small>Proposal Submission</small> ===
 | {{#tag:div|
 * Successful EOI applicants invited to complete a full [https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwiki.gccollab.ca%2Fimages%2Fa%2Fa6%2FProposal_Template.docx&wdOrigin=BROWSELINK proposal]
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-| style="background-color: #f2f2f2;" | 4. Proposal Assessment
+|'''<big>4.</big>'''
+| style="background-color: #f2f2f2;" |
+=== <small>Proposal Assessment</small> ===
 | {{#tag:div|
 Interdepartmental Steering Committee assesses proposals and makes final funding decisions
 |class="mw-collapsible mw-collapsed"}}
 |-
-| style="background-color: #f2f2f2;" | 5. Funding Decision
+|'''<big>5.</big>'''
+| style="background-color: #f2f2f2;" |
+=== <small>Funding Decision</small> ===
 | {{#tag:div|
 * Funding available from April 2025