Aftab Ahmed on Canada's Smart Regulation for Competition and Innovation | Policy Options
July 18, 2024 |聽Alumnus Aftab Ahmed MPP'23 wrote an聽article that explores strategies to reinvigorate Canada's entrepreneurial landscape through smart regulatory reforms on . "Regulatory sandboxes provide a controlled space for businesses to test new technologies without immediate regulatory burdens," writes Aftab. The use of artificial intelligence and emerging tech could streamline regulatory processes, making compliance easier and more efficient. Canada's leadership in adopting new technologies, such as through federal initiatives like Bill S-6 and the Centre for Regulatory Innovation, aims to create a more competitive business environment. These reforms are crucial for enhancing competition in sectors like telecommunications and aviation, where market concentration stifles innovation and drives up costs for consumers. Smart, adaptable regulations are necessary to unlock Canada's full economic potential.聽
