I'll let our colleague from the Quebec Employers' Council answer your question.
What I can tell you is that, if the provincial, territorial and federal regulations are not aligned, that causes problems for industry, which then has to develop and certify its standards two, three, four or five times across the country for a small market of 35 or 40 million people. That can reduce productivity, but regulatory alignment is important.
However, the reason we have regulations is to protect people. If people die because of faulty electrical systems, costs will go up elsewhere. That's why we need a balanced approach. Regulation doesn't necessarily mean lower productivity. You really have to focus on one point of view, look at the important things and avoid generalizations.