Madam Speaker, before I begin my speech, I would like to take a moment to acknowledge that we are gathered here on the unceded territory of the Algonquin Anishinabe people.
I am very pleased to add my voice to the debate on Bill S-6, an act respecting regulatory modernization. Regulations are the book of rules that govern how businesses operate and that protect consumers, the environment, our health and our safety. As we have seen, these rules can pile up and become obsolete over time. When that happens, innovation and growth are stifled, which weakens the economy and causes more problems for Canadians.
Modernizing our regulatory system improves Canada's ability to attract investment in growth-oriented businesses. That is why this bill is so important. It would have an important impact on Canadian businesses and advance public service efficiencies.
In a time of economic recovery, Bill S-6 would ensure that the legislative frameworks that support Canada's regulatory system evolve with the changing technologies and environment.
The fact is that we have been working on the modernization of regulations for some time. The Budget Implementation Act, 2019, No. 1 amended 12 regulatory instruments with the first annual regulatory modernization bill. It included making changes to digitalize paper-based processes, streamlining the review process for zero-emission vehicles, and enabling innovation by changing regulatory requirements to test new products.
The fact is that regular and eminently sensible updates ensure greater competitiveness. At the same time, we must protect Canadians' health, safety and environment.
An important way to ensure that we can modernize and streamline regulations while protecting Canadians and the environment is to put in place an in-depth and effective review process. To that end, this bill will serve as a recurring legislative mechanism. This means that the Government of Canada can ensure that the regulatory system remains pertinent, effective and up to date. It is designed to address the legislative challenges raised by businesses and citizens through consultations and targeted regulatory reviews.
In fact, consultations with stakeholders in the business sector led to the inclusion of this recurring mechanism. The economic strategy tables and the Advisory Council on Economic Growth pointed out that creating a regular mechanism such as this is essential to improving Canada's regulatory system.
I would also like to point out that the External Advisory Committee on Regulatory Competitiveness, made up of stakeholders from business and academia and consumers, has recommended continuing efforts to keep the administrative burden of regulation at a reasonable level and to ensure that regulations stand the test of time.
At its core, Bill S-6 proposes to modify 28 different acts through 45 common-sense amendments to modernize our regulatory system.
For example, the bill contains amendments to the Fisheries Act that would make it clear that fisheries officers have the authority for minor violations to reach an agreement with fishers instead of taking them to court, an authority that was unclear in the existing legislation. Not only would this reduce the number of lengthy and costly court processes, but it would also ensure small violations do not result in criminal records and the stigma and barriers that could come as a result. Importantly, this change has been supported by the fishing community and by indigenous peoples.
Another example is the minor change proposed to the Canadian Food Inspection Agency Act. In short, this amendment would allow the CFIA to provide services and allow businesses to interact with the agency electronically instead of through paper transactions. This will give businesses more flexibility in their interactions with the federal government, resulting in a reduced regulatory burden.
There are also proposed amendments to the Canada Transportation Act that would allow us to adopt international transportation safety standards faster, in consultation with the businesses affected.
As we have seen, even minor changes can often have a significant positive impact on various sectors of the economy, and I have covered only three of the 45 amendments included in this bill. In addition, all of the proposals are cost-neutral, with little or no associated risk.
Bill S-6 helps ensure that our regulatory system stays up to date and sets up Canadians and businesses for success in the years ahead by amending laws that are too inflexible, too specific or simply outdated. This bill is an important reminder of the need for ongoing regulatory review and legislation that stands the test of time.
I want to also assure all hon. members that the bill is not a one-off.
It will be an annual undertaking. In fact, work on the next bill is already under way.
The Canadian regulatory system plays a key role in helping companies succeed and in protecting Canadians and the environment. For our economy to keep growing, we need a more effective and streamlined regulatory system that keeps on delivering world-class protection for consumers, health, safety and the environment.
This is exactly what Bill S‑6 does. It helps modernize the current rules to make things easier for companies, and it will continue to set up regulatory agencies, stakeholders and Canadians for success. This is something we can all get behind.