The process of reducing the number, incidence, and cost of regulations.
(Pal 2006, 182)
Despite the perception that the past two decades have been primarily an era of deregulation, Doern (in Pal) notes that, overall, the density and extent of rule making by, or on behalf of, the state has increased. Furthermore, case studies in Canada have shown that deregulation in various sectors has often been accompanied by refinements and creations of new regulatory instruments.
Pal. Leslie. 2006. Beyond Policy Analysis: Public Issue Management in Turbulent Times, 3rd ed. Toronto: Nelson Education.