June 9, 2020 – The Canadian Free Trade Agreement’s (CFTA’s) Regulatory Reconciliation and Cooperation Table (RCT) continues its work to improve the regulatory environment in Canada.
The RCT was established by the CFTA in 2017 to lead the reconciliation of regulatory differences among federal, provincial, and territorial jurisdictions that act as a barrier or impediment to trade for companies working in multiple jurisdictions in Canada and to provide a forum for regulatory cooperation on future regulatory measures.
Since its inception, the RCT has posted two annual work plans identifying measures in a variety of sectors to be reconciled by jurisdictions. A third work plan for 2020-2021 is currently under development.
Newfoundland and Labrador as the 2020 Chair is pleased to release the RCT’s 2019 Annual Report. This first annual report highlights the RCT’s accomplishments and outlines some of the challenges involved in addressing regulatory reconciliation and cooperation across Canada. This annual report demonstrates the RCT’s efforts to provide further transparency to stakeholders regarding this work.
The annual report has been posted on the CFTA’s regulatory reconciliation and cooperation web page.
The RCT members will continue to work collaboratively to eliminate regulatory barriers and cooperate to make it easier to do business within Canada.
“The Regulatory Reconciliation and Cooperation Table continues to move forward with its work to address regulatory barriers in Canada, and the 2019 annual report outlines some of the RCT’s accomplishments last year. Addressing regulatory barriers is one way we can make sure our national economy continues to grow and prosper for all Canadians.”
–Honourable Dwight Ball, Premier of Newfoundland and Labrador