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    On January 16th, the Resource Revenue Transparency Working Group released its final recommendations on the mandatory disclosure of payments from Canadian mining companies to governments. To read more, click here.

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    Prime Minister Stephen Harper announces Canada will implement mandatory disclosure requirements of payments to governments for Canadian extractive companies.
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    An Eye on Disclosure: The PWYP-Canada Guide to Finding Information on Public Mining Companies in Canada. Available in both French and English.

FaLang translation system by Faboba

Canada Tables Transparency Legislation

On October 23rd, the Government of Canada tabled legislation, entitled Economic Action Plan 2014, No 2. On page 435 of this omnibus bill, under Reporting Payments, the government has proposed mandatory payment reporting requirements for publicly traded and large private oil, gas, and mining companies. This law will see Canadian extractive companies disclose payments to governments, not just in Canada, but around the world. PWYP-Canada welcomes this legislation and looks forward to working with the government through the legislative process, but also in the development of administrative guidance and regulation to ensure that the Canadian requirements align with international best practice. 

See PWYP-Canada's Press Release for further details (french).

 

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