Library of Parliament Legislative Summary of the Red Tape Reduction Act

The Library of Parliament recently published a Legislative Summary of Bill C-21 known as the Red Tape Reduction Act:

"The bill introduces a new statute that establishes rules for federal departments and agencies with respect to the amendment or the introduction of regulations so as to control the administrative cost to businesses of complying with regulations. The time and resources spent by a business to show compliance with regulatory requirements are known collectively as 'administrative burden'."

"The bill enshrines in legislation a Treasury Board rule that has been in force since 1 April 2012. Canada would be the first country to legislate such a rule."