Canadian Finishing & Coatings Manufacturing - July/August '24 - 22

PAINT AND COATINGS
MANUFACTURING:
PUBLIC POLICY TIPPING
POINT
Shaping the
future of
the industry
We add value for our partners every step of the
way, through product knowledge, innovation
and sustainable solutions.
Beyond safely distributing products, we
distribute ideas. Our broad, diversified portfolio
includes industrial and specialty chemicals
from a world-class supplier base. We're
committed to delivering service excellence
as the global market leader in chemical
distribution.
Over the past few years associations
like CPCA have argued for fair and
better regulations, which must be
aligned with those of the United States,
our largest trading partner by far; and
that regulations must be considered in
terms of the 'economic impact' it has
on business and competition. In fact,
those critical principles are ingrained
in the federal Government's own
Cabinet Directive on Regulations, but
it seems Government departments
are not fully aware of their existence.
This has been the case even when the
requirement to consider 'economic
impact' is specifically stated in the
Governing Act related to specific
regulations. In some instances
where the United States applies the
'economic impact' lens to specific
regulations and competition, the same
lens is not applied in Canada for the
exact same regulations. Why is this the
case if Canada's goal is truly regulatory
cooperation and alignment? When it
is not the result, productivity suffers
and Canada loses because there is less
competition for essential products,
prices go up and employment declines.
The Commissioner concludes his
astute observations by saying, " These
ideas are just the tip of the iceberg.
There are many ways of promoting
competition. But this is a discussion
we need to be having in order to turn
the tide on Canada's productivity
crisis. " Industry groups have been
saying this for several years and the
time has come to 'turn the tide', rather
than pay lip service to it, and continue
to suffer the consequences.
brenntag.com
NAM_BSP_Material-Science_EN_4-625x9-75 in_CFCM-July-August-2024-2-3-page-ad_print_0624.indd 1
22
www.cfcm.ca
6/27/24 2:53 PM
Over the past few years
associations like CPCA have
argued for fair and better
regulations, which must be
aligned with those of the
United States, our largest
trading partner by far; and
that regulations must be
considered in terms of the
'economic impact' it has on
business and competition.

http://www.brenntag.com http://www.cfcm.ca

Canadian Finishing & Coatings Manufacturing - July/August '24

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