Walking the Walk: Leading the Way to a Sustainable Future Presentation to COGA John Les, BCFIRB Chair Wednesday, February 17, 2016
BC’s regulated agriculture sector Benefiting BC’s economy: Over 50% farm gate cash receipts $5.6 billion value chain output $223.2 million in federal, provincial and municipal taxes 31,726 direct, indirect & induced jobs Contributing to BC’s policy priorities: Building markets ‘Buy local’ Niche and specialty New farmers Regional development
Regulated sector – Sustainable Future World is increasing complexity The “Rule Book” doesn’t cut it anymore How best to deliver sector and public benefits effectively and strategically? Build a new model in cooperation with the sector Principles-Based Regulation (PBR)
Principles-Based Regulation Outcomes that matter Strategic planning that identifies opportunities, challenges and risks SAFETI analysis – strategic, accountable, fair, effective, transparent and inclusive? Effective, flexible decision making sound marketing policy in the public interest
BCFIRB Accountability Framework & PBR
Thank you