I think that depends on what's being regulated. I think it also depends on how jurisdiction is shared between the feds and the provinces.
There are some things where regulatory rigour is good as long as the regulations are submitted to all the stakeholders they impact and are accepted by them. For example, when you're working on a bill, it's good to have all the stakeholders involved at the table. That can help get to a solution that works for everyone. The Canada Water Agency can provide that kind of platform.
Everyone will agree that there has to be regulatory rigour on this, but the stakeholder working group may decide that, for other kinds of problems, regulation isn't the way to go and other types of more socially innovative tools would work better.