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Glossary

Glossary


These definitions are not to be considered official in any regard. They are provided solely for the purpose of facilitating users' understanding of site contents.


Act - A law made by Parliament or a provincial legislature. The process of making an Act of Parliament begins with the introduction of a proposed Act, or bill, in one of the two houses of Parliament (the Senate or the House of Commons). A bill becomes an Act if it is passed (approved) by both houses and receives royal assent.

Benefits - The positive implications, both direct and indirect, resulting from some action. Includes both financial and non-financial information. Characterization of benefits, and costs, can vary depending on one's viewpoint or agenda. For example, is "jobs created" a measure of benefits or costs, and for whom?

Bill - A proposed law submitted to Parliament for its approval. It may originate either with the Government, with a private Member or from a Committee, and may relate either to public or private interests. Bills may be first introduced in either the Senate or the House of Commons, but money bills must be introduced in the House of Commons by a Minister.top

Business Impact Test (BIT) - A software tool designed to assist government analysts in understanding and evaluating the impacts of proposed regulatory measures on business and their cost effectiveness.  For more on the BIT, please see Industry Canada.

Blue-Stamp - The name given the to the stamp placed on draft regulations by the Regulations Section of the Department of Justice. The stamp signifies that the draft regulations have passed a legal review for consistency with the statute and that the RIAS accurately reflects the effect of the regulations.

Cabinet - The executive arm of government. Cabinet Ministers are chosen by the Prime Minister.top

Central Agencies - The Department of Finance, The Privy Council Office and the Treasury Board of Canada Secretariat.  These three organizations work together to support Cabinet decision-making and coordinate government initiatives.

Cost-Benefit Analysis - An approach whereby one seeks to identify and quantify the benefits and the costs imposed by some change (regulatory or otherwise). While the idea is simple, the analysis can be quite complex.  For example, the costs associated with automobile emissions controls are relatively simple to quantify when compared with the benefits. Quantifying the benefits would mean translating reduced pollution to the "value" of avoided illness, death and wildlife destruction, to name a few.

Costs - Negative implications of some change or action. They can be financial or non-financial. For example, the cost of cutting down a forest includes the cost of machinery and labour to do the work; the cost of the loss of biodiversity; the cost of the loss of wild habitat; the cost of lost carbon fixing potential; etc. Characterization of costs, and benefits, can vary depending on one's viewpoint or agenda. For example, is "jobs created" a measure of benefits or costs, and for whom?top

Existence Value - A concept used to refer to the intrinsic value of some asset, normally natural/environmental.  It is the value of the benefits derived from the asset's existence alone. For example, a tree can be valued in a number of ways, including its use value (as lumber), an existence value (simply being there), and an option value (value of things that it could be used for). Existence value is separate from the value accruing from any use or potential use of the asset.

Governor in Council (GIC) - The Governor General of Canada acting on the advice of the Queen's Privy Council for Canada (i.e., Cabinet)

Legislation - Written laws made by Parliament or a provincial legislature (Acts) or by a person or body that has law-making authority, usually delegated by Parliament or a legislature and exercised by making regulations or other delegated legislation.top

Net Impact - The difference between the benefits and the costs of an action.  Can be expressed through a common measure such as dollars (often difficult) or through a description of physical effects.

Order in Council (OIC) - An instrument that serves notice of decision taken by the executive arm of government. For example, an Order in Council accompanies all regulations. The OIC says "we've decided to put these regs into force" and presents the regs.

Parliament

  1. The legislative branch of Government, composed of the Sovereign (represented by the Governor General), the Senate and the House of Commons.
  2. The period under which the Parliament of Canada exercises its powers.  The Constitution says that a Parliament cannot exist for more than five years.top

Regulation - A law made by a person or body that has been granted (delegated) law-making authority.  Used both to indicate a specific type of delegated legislation as well as to refer generically to all forms of delegated legislation.  For the purposes of the Regulatory Policy, we rely on the Department of Justice's determination that an item will receive an SOR number to indicate that it is a regulation.  More broadly, regulation may refer to all government intervention in the lives of citizens.

Regulatory Impact Analysis Statement (RIAS) - A statement to the public, and to Cabinet, that justifies regulatory action by demonstrating that the requirements of the Regulatory Policy have been met.

Royal Assent - The approval, by a representative of the Crown, of a bill passed by the House and the Senate, making it into an Act of Parliament.  Royal Assent is accorded in the Senate Chamber, usually by a deputy of the Governor General in the presence of Members of the House and Senate.

Statute - Another word for an Act of Parliament or some other legislature.

Statutory Instrument - A document used to exercise a power expressly granted (delegated) by legislation.

Treasury Board (TB) - Cabinet Committee that manages the government's financial, personnel and administrative responsibilities, as well as approving regulations and most Orders in Council requiring Governor in Council approval.

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Last Modified: 2001-08-03  Important Notices