Standards and Regulation in Canada

Canada ranks 7th out of 183 in the World Bank’s Ease of Doing Business Index (2010). The rankings on this index indicate the strength of the regulatory environment and a measure of how easy it is to run a business in the country. The relevant public regulators for the many elements forming the Canadian economy include, most notably, the Canadian Radio-television and Telecommunications Commission (CRTC), the Office of the Superintendent of Financial Institutions (OSFI), the National Energy Board (NEB) and the Canadian Nuclear Safety Commission (CNSC). The Standards Council of Canada (SCC) is the body responsible for maintaining standards, and the country is also a member of the International Organisation for Standardisation.