iPolitics reports on Canadian American Business Council’s (CABC) fall policy conference yesterday, highlighting RCC accomplishments in veterinary drugs and planned Canada-U.S. regulatory alignment in the areas of nanotechnology and electronic vehicles.
From the article:
As the Canadian and U.S. governments work to streamline bilateral trade and commerce, they should focus on aligning regulatory approaches in emerging industries rather than unravelling existing regulations, experts speaking at the Canadian American Business Council (CABC) fall policy conference said Monday.
The panel, held in Ottawa, discussed the status of the Regulatory Cooperation Council, which is part of the Beyond the Border initiative announced by Prime Minister Stephen Harper and U.S. President Barack Obama in 2011. The event featured government and industry representatives from both sides of the border, and was hosted by Maclean’s Washington Bureau Chief Luiza Savage.
While few regulatory changes have yet to be felt by industry, there is one sector that has managed to align its regulations as part of the Beyond the Border initiative, according to the panel – veterinary drugs.
Looking ahead, the Privy Council’s Robert Carberry, who works on the Regulatory Cooperation Council, said both governments will look to harmonize regulations that are coming up for renewal or industries where there are no regulations, like nanotechnology and electronic vehicles. He said industry can expect to see some those changes “as early as next year.”