INTRODUCTION

1.1 Purpose

This report addresses the issue of risk management in the context of public policy by:

• highlighting the fact that risk management concepts apply broadly throughout government;

• serving as a resource for departments and agencies to help stimulate debate about the nature of risk in their sectors, and about the appropriate processes and capabilities for managing such risks;

• providing initial findings and recommendations on broad, overarching issues in risk management with relevance throughout government; and,

• tasking key departments and agencies with leadership roles to help advance risk management in priority areas.

The report first examines various criteria required to launch a discussion, i.e. terminology issues and risk concepts. It then presents a framework, created to integrate various key concepts and to provide a platform for discussing risk management from a wide range of public policy perspectives.

As a summary, the report makes recommendations for raising awareness of risk management as a public policy issue and for advancing the discussion of certain key issues.

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