Ottawa, ON – February 1, 2024 — Canada’s regulatory burden is a major factor affecting the decisions of our members to invest in projects that are essential for both our shared prosperity and meeting our climate goals.
While today’s update is an important first step that lays out commitments, much work remains to clarify federal jurisdiction and advance major projects that are in Canada’s national interest, following the one project, one assessment principle.
We call on the federal government to urgently establish a formal mechanism and process for regulatory efficiency. As outlined in a memo to the working group, this should be led by the Clerk of the Privy Council to ensure interdepartmental coordination and much faster approval times.
We continue to urge the federal government to move expeditiously in its efforts to work collaboratively with the provinces, territories, Indigenous nations, and the business community.
November 1, 2023