This WESTAC Briefing has been prepared as a service to WESTAC members. It is intended to provide a summary of the main elements of the new regulatory framework for container trucking in the Vancouver area (“Lower Mainland”).

Mr. Tirole, 2014 Winner of Nobel Prize for Economics, has said, “regulation is a complex subject because it must be light enough to prevent entrepreneurship from being squelched,” while “at the same time you need to have a strong state which is going to enforce those regulations.” The discussion among Members was very much in the same vein: that regulation is sometimes difficult but, on occasion, essential. The key is to grasp the difficulties and proceed, cautiously aware of the complexities and subtleties.

Tags : Trade, Trucking, Policy