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ARTICLE · 28 MAY 2025

CSA Pauses Work On Development Of Climate-Related Disclosure Requirements And Amendments To Existing Diversity-related Disclosure Requirements

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In an attempt to support Canadian markets and issuers amid uncertainty in the global economic market, the Canadian Securities Administrators ("CSA") announced that it will be pausing projects related to the development of new mandatory climate-related disclosures and amendments to the diversity-related disclosure requirements.

CanadaCorporate/Commercial Law
Steven Meng
Steven Meng
Britt Redenbach
Britt Redenbach
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In an attempt to support Canadian markets and issuers amid uncertainty in the global economic market, the Canadian Securities Administrators ("CSA") announced that it will be pausing projects related to the development of new mandatory climate-related disclosures and amendments to the diversity-related disclosure requirements.

Overview

Due to the rapid change in the global economic market, the CSA has announced that they will be shifting their focus towards initiatives that make the Canadian markets and issuers more competitive, efficient and resilient as they face market uncertainty and competitiveness concerns. As a result, existing work on new mandatory climate-related disclosures and proposed amendments to the diversity-related disclosure requirements will be temporarily put on hold.

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