2023 Fintech and Financing Conference & Expo

Congratulations to NCFA Advisor Robin Ford | Treasury Board of Canada Announces Renewed External Advisory Committee on Regulatory Competitiveness

Treasury Board of Canada | Release | Oct 3, 2022

Robin Ford - Congratulations to NCFA Advisor Robin Ford | Treasury Board of Canada Announces Renewed External Advisory Committee on Regulatory CompetitivenessThe External Advisory Committee on Regulatory Competitiveness brings together external stakeholders to develop recommendations on how to improve Canada’s regulatory system.The Committee was established in the 2018 Fall Economic Statement. During its initial term, which ran from 2019 to 2021, the Committee made a series of recommendations on how to make Canada’s regulatory system more competitive, innovative, and effective.Budget 2021 announced the renewal of the Committee until 2023. Under its renewed mandate, the Committee:
  • provides advice on how to promote regulatory excellence by supporting innovation, competitiveness and economic growth while ensuring health, safety, security, and environmental outcomes;
  • brings together representatives from across the country to provide an independent perspective on improving Canada’s regulatory system; and
  • supports the modernization of Canada’s regulatory system, seeking to make the system more flexible, adaptable, and sustainable for the future.

The Committee’s work is structured into four themes:

  • COVID-19 lessons learned;
  • regulatory stock reviews;
  • the Cabinet Directive on Regulation; and,
  • monitoring the first Committee’s recommendations.

To learn more about the full scope and authority of the committee, consult the committee’s terms of reference.

Composition and membership

The Committee is composed of seven members, representing a diverse range of perspectives from academia, consumer advocacy, business, and civil society. A Chair is selected by the President of the Treasury Board from among the members.

See:

NCFA Response to FINTRAC’s ‘Knee Jerk’ Regulations Requiring Donation Crowdfunding Platforms to Register and Comply with AML/ATF Legislation

NCFA Advocacy

The renewed committee is composed of three returning members and four new members. This reflects advice from the 2019-2021 Committee to ensure continuity and maintain momentum while incorporating new perspectives.

Committee members participate on a pro bono basis without remuneration. Eligible travel and accommodation expenses for members are reimbursed in accordance with the Government of Canada Travel Directive when in-person meetings are required.

Membership

  • Chair: Laura Jones (Returning)
  • Yves Bourgeois
  • Christian Dandeneau
  • Robin Ford (linkedin profile)
  • Keith Mussar (Returning Member)
  • Shino Nakane
  • Nancy Olewiler (Returning Member)

“The renewed External Advisory Committee on Regulatory Competitiveness will help to ensure that our efforts to strengthen Canada's regulatory system continue to be informed by the diverse experiences and views of Canadians."

–      The Honourable Mona Fortier, President of the Treasury Board


NCFA Jan 2018 resize - Congratulations to NCFA Advisor Robin Ford | Treasury Board of Canada Announces Renewed External Advisory Committee on Regulatory CompetitivenessThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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