MAKING A GOOD THING BETTER: Finishing what was Started and Leveraging NAFTA to Advance Canada-U.S. Regulatory Cooperation
Regulatory cooperation represents the next stage of evolution between mature regulatory systems. The current model is creating both unnecessary costs and duplicative administrative requirements that are negatively affecting consumers, regulators and regulated parties. Regulatory cooperation is the primary vehicle to bring greater recognition and cohesion between the Canada and United States regulatory systems. However, momentum and meaningful progress has been lost. With an uncertain future for Canada-U.S. regulatory cooperation, urgent action is required to re-establish the trajectory towards success, and NAFTA discussions provide a significant opportunity to establish a new regulatory relationship between our countries.
About the Author
Bound by common geopolitical interests and strong economic and cultural ties, Canada and the United States enjoy the world's most successful bilateral relationship. The Wilson Center's Canada Institute is the only public policy forum in the world dedicated to the full spectrum of Canada-U.S. issues. The Canada Institute is a global leader for policymakers, academics and business leaders to engage in non-partisan, informed dialogue about the current and future state of the relationship. Read more