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ARTICLE · 16 APRIL 2018

NRCan Releases Updated ESTMA Implementation Tools

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After reviewing the first reporting cycle under the Extractive Sector Transparency Measures Act (ESTMA) as well as conducting stakeholder consultation, Natural Resources Canada (NRCan)...

CanadaEnergy and Natural Resources
Stephanie Stimpson
Stephanie Stimpson
Michael Pickersgill
Michael Pickersgill
Brandon Schur
Brandon Schur
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After reviewing the first reporting cycle under the Extractive Sector Transparency Measures Act (ESTMA) as well as conducting stakeholder consultation, Natural Resources Canada (NRCan) has released its updated guidance document (Guidance) and provided a new reporting template, released a new information sheet on reporting payments to Indigenous payees, and provided an updated verification checklist for use in future ESTMA reporting.

What You Need To Know

  • NRCan has introduced a new form of reporting template and verification checklist. However, while entities required to report under ESTMA are encouraged to report using the new form, reports for the 2017 reporting period using the prior form will be accepted.

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