My sense is that the regulatory centre for innovation will look at any good practice from anywhere. Some of the things we hear from businesses around the one-for-one rule, for example, is that you have to be a little bit careful because sometimes you can take out a very easy rule and add a very burdensome rule. The numbers don't necessarily equate; the one-for-one is sort of apples and oranges sometimes. We would want to avoid a situation where we're strictly working on a numbers basis. The measure of the burden is something that we would want to be looking at a little bit better than just the numbers.
On February 19th, 2019. See this statement in context.