30+ shareholders of the Regulatory Cooperation Council (RCC) have released a letter in support of progress made on Canada-U.S. regulatory cooperation.
This group, which encompasses the U.S. Chamber of Commerce to the Council of the Great Lakes Region, notes that the “U.S. and Canadian governments remain committed to making the RCC an ongoing success.” And the letter also emphasizes that the “Joint Forward Plan lays out the foundation for continued success and is a step in the right direction towards realizing the many potential benefits of the RCC.”
But the letter also stresses that Canada and the United States make “strong commitments” in four areas to ensure “the [RCC’s] continued success.”
These areas are: (1) completing the current 29 RCC joint action plans, (2) fleshing out the new areas of regulatory cooperation highlighted by the Joint Forward Plan, (3) steps to ensure current regulatory cooperation is durable and institutionalized, and (4) an action plan to “establish routine, two-way communications” with RCC stakeholders.