The Obama Administration has made an ambitious commitment to promoting international regulatory cooperation and we know that commitment is shared by our Canadian counterparts.

WHITEHOUSE: The United States and Canada Announce Progress in Regulatory Cooperation | The White House

Developments in regulatory science, increased predictability and communication, and a commitment to a more efficient review are all incentives that can help encourage that investment.

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Regulatory cooperation is time- and resource-intensive, and it takes a strong commitment to keep the momentum going.

WHITEHOUSE: The United States and Canada Announce Progress in Regulatory Cooperation | The White House

The time commitment required of directors has just about doubled in recent years due to an increasingly complex regulatory and business environment.

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