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ARTICLE · 15 JUNE 2015

Drilling Down On Transparency: Quebec Introduces Bill Requiring Reporting For Mining, Oil & Gas Industries

Blake, Cassels & Graydon LLP
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On June 11, 2015, Quebec's Minister for Mines introduced a bill before the Quebec National Assembly that proposes to impose mandatory reporting requirements on businesses operating in the mining and oil and gas sectors.

CanadaEnergy and Natural Resources
Charles Kazaz
Charles Kazaz
Anne Drost
Anne Drost
Simon Seida
Simon Seida
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On June 11, 2015, Quebec's Minister for Mines introduced a bill before the Quebec National Assembly that proposes to impose mandatory reporting requirements on businesses operating in the mining and oil and gas sectors. The bill, titled An Act respecting transparency measures in the mining, oil and gas industries (Bill 55), would require subject entities to declare all payments made to government bodies and eventually to aboriginal communities. Bill 55 mirrors closely the Extractive Sector Transparency Measures Act, adopted by the Canadian government, which came into force on June 1, 2015. For more information, see our November 2013 Blakes Bulletin: Extracting Transparency: New Bill Creates Mandatory Reporting Standards for Canada's Extractive Industries and our June 2015 Blakes Bulletin: Update: Extractive Sector Transparency Measures Act Now in Force.

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