This essay will examine Canadian regulatory instruments with specific reference to environmental issues to show how regulatory rule making can be extremely beneficial if government allows itself resources and regulatory variability. This is essential to understand, because a country's society and wealth cannot be merely measured by short-term goals, but by a longer-term strategy in which the government makes sure that more than the wishes of companies are being valued and privileged. Regulatory instruments do not always uphold this, and that is why government must constantly renew its efforts and its funds to allow other values besides those of the market place to take a more central stage.
