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== Final advice from the External Advisory Committee on Regulatory Competitiveness ==

== Final advice from the External Advisory Committee on Regulatory Competitiveness ==

On June 5, 2024, the External Advisory Committee on Regulatory Competitiveness (EACRC) released its final advice letter. Composed of seven members from business, civil society, and academia, the EACRC was tasked with providing advice to the President of the Treasury Board on improving Canada’s regulatory system.  

On June 5, 2024, the External Advisory Committee on Regulatory Competitiveness (EACRC) released its [https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.canada.ca%2Fen%2Fgovernment%2Fsystem%2Flaws%2Fdeveloping-improving-federal-regulations%2Fmodernizing-regulations%2Fexternal-advisory-committee-regulatory-competitiveness-advice-treasury-board%2Fexternal-advisory-june-2024.html&data=05%7C02%7Cregulation-reglementation%40tbs-sct.gc.ca%7Ca726308ccb4c459dd33808dcb0aafbba%7C6397df10459540479c4f03311282152b%7C0%7C0%7C638579495649251877%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=WzvVQ19U1rzPZGUnUtpoz%2Bx4Gker7myKU7SBZGlNvCc%3D&reserved=0 final advice letter.] Composed of seven members from business, civil society, and academia, the EACRC was tasked with providing advice to the President of the Treasury Board on improving Canada’s regulatory system.  

In their letter, the EACRC states that “regulatory excellence serves the public interest by promoting strong protections while minimizing unnecessary burdens that can limit economic opportunities”.  They recommend that better regulatory measurement should be a government-wide priority and that regulatory data should be accessible by Canadians. They also recommend that the Government maintain strong avenues for external advice on the regulatory system.  

In their letter, the EACRC states that “regulatory excellence serves the public interest by promoting strong protections while minimizing unnecessary burdens that can limit economic opportunities”.  They recommend that better regulatory measurement should be a government-wide priority and that regulatory data should be accessible by Canadians. They also recommend that the Government maintain strong avenues for external advice on the regulatory system.