1. Regulatory Cooperation – Stakeholder Submissions

2. Outline
RCC work plans
Key elements of submissions
Next steps

3. RCC Work Plans
Work plans describe specific areas for regulatory cooperation
Developed bilaterally between regulators
Informed by stakeholders
Provide transparency on department to department commitments
Many factors are considered including:
Potential to enhance regulatory efficiency while preserving regulatory objectives
Tangible benefits and impacts on regulated parties and consumers
Support from impacted stakeholders
Stakeholder submissions play a critical role in the development of RCC work plans

4. Issue Critical Elements of Submissions Context Objectives Priorities
Impacts
Bi-national
support

5. Submissions – Defining the Issue
Succinctly articulate area of concern or emerging area for alignment
Describe current or potential mis-alignment, including costs
Briefly explain potential benefits of resolving the concern
Explain how issue is a regulatory matter e.g. regulatory requirement, related to regulatory development or implementation
Issue
Key Objectives:
Clearly identify the concern and the broad benefits of resolution

6. Submissions – Setting the Context
Set out both Canadian and U.S. market context and competitive conditions
If relevant, summary of emerging market trends and evolution of sector
Describe considerations around the timeliness of resolution
Context
Key Objectives:
Provide information that supports understanding the impacts of mis-alignment in the current or emerging market conditions

7. Submissions – Defining Objectives
Identify objectives
Where appropriate, delineate short, medium and longer term goals
Provide potential solutions
Objectives
Key Objectives:
Outline objectives, timeframes and potential solutions

8. Identifying Priorities
Submissions – Identifying Priorities
Identifying Priorities
Prioritize where more than one initiative is proposed or objectives are defined on different timescales
Consider proposals in other regulatory cooperation work plans
Priorities
Key Objectives:
Communicate priorities within a proposal and between regulatory cooperation fora

9. Submissions – Describing Impacts
Articulate impacts on consumers, industry and others
Increased product choice, timelier market access, decreased consumer/industry costs, time savings, increased product quality, more efficient and effective use of resources ($, people)
Where possible, quantify
Provide underlying analysis and evidence, where possible
Impacts
Key Objectives:
Support understanding the specific impacts of action

10. Submissions – Outlining Support
Bi-national Support
Where possible, demonstrate bi-national and broad support
Consider joint submissions or multiple submissions proposing the same objectives by organizations on both sides of the border and over multiple associations and interest groups
Bi-national Support
Key Objectives:
Demonstrate degree of bi-national and stakeholder support

11. Submissions – Next Steps
Send your submissions to
Consult for formal calls for submissions to support work plan development

12. Thank you