Authorities can demonstrate that a problem or risk exists, federal government intervention is justified and regulation is the best alternative. The benefits outweigh the costs to Canadians, their governments and businesses. In particular, when managing risks on behalf of Canadians, regulatory authorities must ensure that the limited resources available to government are used where they do the most good. Adverse impacts on the capacity of the economy to generate wealth and employment are minimized and no unnecessary regulatory burden is imposed. International and intergovernmental agreements are respected, and full advantage is taken of opportunities for co-ordination with other governments and agencies.
Systems are in place to manage regulatory resources effectively.
Other directives from Cabinet concerning policy and law making are followed such as the Cabinet Directive on Law-Making and the Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals and the Cost Recovery and Charging Policy.