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The AUC has issued its first annual report card, a detailed report setting out our accomplishments in 2019-2020, making it easier for stakeholders to assess in a simple, straightforward way whether the AUC has met its objectives. The AUC Annual Report Card 2019-2020 can be found here.
For the first time, the AUC has quantified the benefits of its initiatives it has taken and is taking to reduce regulatory burden and improve efficiency. The goal is to, where possible, identify or estimate the monetary benefits resulting from our actions.
The report card is one of three parts of the AUC’s annual planning and assessment framework, complemented by the AUC Strategic Plan 2019-2022 and the 2020-2021 Operational Plan. It replaces our annual review.
The report card and the AUC’s overall planning framework reflects the outcome of multiple consultations with stakeholders in the industry and elsewhere. The AUC has strived to produce a strategic plan, operational plan and a report card that identifies goals and accomplishments in a clear, concise and focus-driven manner. The strategic and operational plans coalesce around four themes of efficiency and limiting regulatory burden, competition and markets, infrastructure, and people.
Many of this past year’s initiatives were focused on boosting AUC efficiency and reductions in regulatory burden. The AUC will continue its commitment to find efficiencies in its process while maintaining its quality and necessary regulatory work.
Some examples of the work underway in 2019-2020 include: