Categories: News

U.S.-Canada RCC

On Monday, June 4 the Treasury Board of Canada Secretariat and the U.S. Office of Information and Regulatory Affairs (OIRA) signed a Memorandum of Understanding regarding the U.S.-Canada Regulatory Cooperation Council (RCC). As part of this agreement, both countries reaffirmed their commitments to strong regulatory cooperation.

The RCC, a forum for resolving or reducing regulatory differences, was established in 2011 to help provide for a practical approach in aligning the Canadian and American independent regulatory systems in a cohesive, efficient manner.

The MOU stipulates further efforts toward regulatory alignment and strengthens the economic partnership between the two countries. The full text of the MOU can be found here.

Ryan Olson

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