In 2010, bilateral trade in goods between Canada and the United States amounted to over $1.3 billion every day. One in seven Canadian jobs is linked to exports to the US, and eight million jobs in the US are supported by trade with Canada. To further enhance the integration between the 2 economies, President Obama and Prime Minister Harper created the Canada-US Regulatory Cooperation Council (RCC) in February 2011. The RCC is an initiative between both federal governments aimed at pursuing greater alignment in regulation, increasing mutual recognition of regulatory practices and establishing smarter, more effective and less burdensome regulations in specific sectors.
The case study on Canada-U.S. Regulatory Cooperation Council was developed by Canada’s Regulatory Cooperation Council Secretariat.