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In 2012, the Cabinet Directive on Regulatory Management (CDRM) came into effect. The Directive built upon the CDSR, by instituting initiatives to minimize burden on business through the “One-for-One” Rule and the Small Business Lens. It also increased transparency and predictability through the introduction of:
 
In 2012, the Cabinet Directive on Regulatory Management (CDRM) came into effect. The Directive built upon the CDSR, by instituting initiatives to minimize burden on business through the “One-for-One” Rule and the Small Business Lens. It also increased transparency and predictability through the introduction of:
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Forward Regulatory Plans to provide advance notice of the federal government’s intent to regulate;
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* Forward Regulatory Plans to provide advance notice of the federal government’s intent to regulate;
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Service Standards for High-Volume Regulatory Authorizations (e.g., permits, licences and certifications) to address the timeliness of decision-making; and
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* Service Standards for High-Volume Regulatory Authorizations (e.g., permits, licences and certifications) to address the timeliness of decision-making; and
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Interpretation Policies to provide stakeholders with information on how they are to meet the requirements outlined in regulation.
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* Interpretation Policies to provide stakeholders with information on how they are to meet the requirements outlined in regulation.
    
When it was adopted, the Treasury Board of Canada Secretariat (TBS) committed to conduct a review of the CDRM after five years.
 
When it was adopted, the Treasury Board of Canada Secretariat (TBS) committed to conduct a review of the CDRM after five years.
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==== 5.2 Regulatory Impact Analysis (RIA) ====
 
==== 5.2 Regulatory Impact Analysis (RIA) ====
 
Departments and agencies must conduct a Regulatory Impact Analysis (RIA) on all regulatory proposals, to support stakeholder engagement and evidence-based decision-making. In conducting RIA, departments and agencies will comply with relevant Acts, regulations, Treasury Board policies, and adhere to guidance, tools, and directives, and will engage with the Regulatory Affairs Sector at Treasury Board of Canada Secretariat (TBS).
 
Departments and agencies must conduct a Regulatory Impact Analysis (RIA) on all regulatory proposals, to support stakeholder engagement and evidence-based decision-making. In conducting RIA, departments and agencies will comply with relevant Acts, regulations, Treasury Board policies, and adhere to guidance, tools, and directives, and will engage with the Regulatory Affairs Sector at Treasury Board of Canada Secretariat (TBS).
  Regulatory Impact Analysis (RIA) is the systematic approach to the identification and critical assessment of the potential positive and negative effects and implications of a regulatory proposal for consideration by the public, stakeholders and Cabinet. It is an important element of evidence-based decision-making.RIA must examine potential positive and negative effects of a regulatory proposal on the health, safety, security, social and economic well-being of Canadians businesses, and the environment. RIA should include qualitative and quantitative analysis that is proportional to the expected impacts of a regulatory proposal. Departments and agencies must conduct an early assessment, known as a Triage, of a regulatory proposal to determine its expected impact level and the appropriate mix of analytical requirements of the following elements:
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  Regulatory Impact Analysis (RIA) is the systematic approach to the identification and critical assessment of the potential positive and negative effects and implications of a regulatory proposal for consideration by the public, stakeholders and Cabinet. It is an important element of evidence-based decision-making.RIA must examine potential positive and negative effects of a regulatory proposal on the health, safety, security, social and economic well-being of Canadians businesses, and the environment.  
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RIA should include qualitative and quantitative analysis that is proportional to the expected impacts of a regulatory proposal. Departments and agencies must conduct an early assessment, known as a Triage, of a regulatory proposal to determine its expected impact level and the appropriate mix of analytical requirements of the following elements:
    
===== 5.2.1 Analysis of Benefits and Costs =====
 
===== 5.2.1 Analysis of Benefits and Costs =====
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Departments and agencies are responsible for promoting the effectiveness of their regulations through the development and implementation of compliance and enforcement strategies and programs. These strategies and programs should:
 
Departments and agencies are responsible for promoting the effectiveness of their regulations through the development and implementation of compliance and enforcement strategies and programs. These strategies and programs should:
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Consider the use of risk-based approaches in the design and enforcement of compliance strategies;
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* Consider the use of risk-based approaches in the design and enforcement of compliance strategies;
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* Ensure resources are allocated to address the most significant risks;
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* Engage with the regulated communities on a proactive basis with a view to improving compliance rates, as appropriate; and,
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Ensure resources are allocated to address the most significant risks;
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* Provide clear guidance on compliance with regulations, when appropriate.
 
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Engage with the regulated communities on a proactive basis with a view to improving compliance rates, as appropriate; and,
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Provide clear guidance on compliance with regulations, when appropriate.
      
=== 7.0 Review and Results ===
 
=== 7.0 Review and Results ===
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While undertaking a review, departments and agencies must examine regulations with a view to:
 
While undertaking a review, departments and agencies must examine regulations with a view to:
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Removing obsolete or spent regulations from the stock as soon as practical;
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# Removing obsolete or spent regulations from the stock as soon as practical;
 
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# Increasing efficiency and effectiveness;
Increasing efficiency and effectiveness;
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# Mitigating unintended impacts;
 
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# Ensuring that references to technical standards are accurate and incorporate the latest version, where appropriate;
Mitigating unintended impacts;
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# Identifying new regulatory cooperation opportunities;
 
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# Reducing regulatory burden on stakeholders;
Ensuring that references to technical standards are accurate and incorporate the latest version, where appropriate;
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# Minimizing impacts on small business;
 
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# Instituting other changes, as appropriate, to strengthen policy objectives and performance; and,
Identifying new regulatory cooperation opportunities;
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# Amending regulations to resolve enforcement issues identified through implementation.
 
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Reducing regulatory burden on stakeholders;
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Minimizing impacts on small business;
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Instituting other changes, as appropriate, to strengthen policy objectives and performance; and,
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Amending regulations to resolve enforcement issues identified through implementation.
      
Review plans for a department or agency’s regulatory stock as well as planned amendments to regulations identified as part of review processes should be published in Forward Regulatory Plans. Results of a review should inform future regulatory development, thereby continuing the regulatory life-cycle.
 
Review plans for a department or agency’s regulatory stock as well as planned amendments to regulations identified as part of review processes should be published in Forward Regulatory Plans. Results of a review should inform future regulatory development, thereby continuing the regulatory life-cycle.

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