4.
REGULATORY IMPACT ANALYSIS STATEMENT (RIAS)
4.1
General
The RIAS is a document that is published in the Canada Gazette, Parts
I and II along with the text of the regulation and any amendments. The RIAS
explains the purpose and intended effect of the regulation and invites the
public to comment. A description of the costs and benefits expected, and the
consultation that has been conducted, is also provided. The requirement for
publication of a RIAS arose as part of the government’s regulatory reforms in 1986
and became a regular practice in 1987.
4.2 CARAC
and the RIAS
Technical Committees and Working Groups should provide, where possible,
recommendations to the CARC in the form of "complete packages". The
more complete these packages are at the time of their submission, the greater
the time savings within the regulatory process. A complete package would include
the recommendation, the proposed rule or amendment, and relevant justification
statements that would permit the development of a RIAS.
4.3 RIAS
Content
The RIAS is structured as follows: Description, Alternatives, Benefits and
Costs, Consultation, Compliance and Enforcement, and Contact.
When completing a RIAS, the author should consider all the related questions
that are found in Appendix
17. These same questions should also be considered during Technical
Committee and Working Group discussions.
4.3.1
Regulatory Review Criteria
Further to the RIAS-related questions, it is recommended that the author also
consult the regulatory review criteria in Appendix
18 for additional guidance.
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