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ARTICLE · 20 MAY 2017

Transparency and Reporting Requirements for Canadian Extractive Companies

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Borden Ladner Gervais LLP is pleased to provide you with a guide on Transparency and Reporting Requirements for Canadian Extractive Companies.

CanadaEnergy and Natural Resources
Michael Marion
Michael Marion
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Borden Ladner Gervais LLP is pleased to provide you with a guide on Transparency and Reporting Requirements for Canadian Extractive Companies.

A regime for mandatory reporting of payments to governments by participants in the extractive industries came into force in 2015 with the implementation of the Extractive Sector Transparency Measures Act (ESTMA). The implementation of ESTMA fulfilled Canada's G8 commitment to "contribute to global efforts to increase transparency and deter corruption in the extractive sector" through the adoption of reporting requirements broadly aligned with those in the European Union and the United Kingdom, and designed to ensure a level playing field for Canada's extractive companies operating domestically and abroad. 

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