POLS 2250 Chapter Notes - Chapter 7: National Energy Board, Externality, International Trade
6 Nov 2013
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Document Summary
Diverse governmental units at the heart of regulatory activity in canada. Misunderstood as few citizens come into contact on a regular basis. Tough to generalize regulatory agency as they come in different sizes with different roles. A statutory body charged with the responsibility to administer, fix, establish, control, or regulate an economic activity or market by regularized and established means in the public interest and in accordance with government policy. Must set rules and follow rules to decision. Also public interest is very iffy topic. To add to the definition, economic emphasis is more traditional, compared to new forms of regulation on topics such as culture and environment. Social regulation is aimed at restricting behaviours that directly threaten public well-being. Contrast, economic regulation aimed at keeping competitive labour markets, for goods and services, etc. Economic, international trade tribunal, canadian transportation agency, national energy board, Canadian environmental assessment agency, canadian food inspection agency, human rights.
