1. Walking the Walk: Leading the Way to a Sustainable Future
Presentation to COGA
John Les, BCFIRB Chair
Wednesday, February 17, 2016

2. 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

3. 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)

4. 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

5. BCFIRB Accountability Framework & PBR

6. Thank you