CHAMBER SPEECH - BILL S-6 (AN ACT RESPECTING REGULATORY MODERNIZATION, THIRD READING)
In a rapidly evolving world, Canada's regulations need the agility to deal with disruptions and new developments head-on. The current status quo governing regulations impedes catalytic market activity, creates unnecessary, cumbersome burdens for Canada's firms, and leaves little opportunity for innovation. In his second speech on the importance of regulatory modernization in Canada, Senator Deacon reiterates the importance of broader consultations with diverse stakeholders and advocates for industry-led standards to complement the regulatory modernization process.