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ARTICLE · 16 MARCH 2023

Canada Set To Impose New Forced Labour And Child Labour Reporting Requirement

Cassidy Levy Kent LLP
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If passed in its current form, the Bill imposes a reporting requirement on covered "entities".

CanadaFinance and Banking
Michael Milne
Michael Milne
Susana M.Y. Lee
Susana M.Y. Lee
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The Parliament of Canada is widely anticipated to pass Bill S-211 this year, which would require most medium and large businesses operating in Canada to report on their supply chain forced labour and child labour risks and the steps taken to address those risks. This new Canadian federal legislation is part of a growing trend towards increased supply chain transparency and accountability globally and will likely impose a meaningful additional compliance burden on many Canadian and foreign companies operating in Canada. Any business operating in Canada can and should take active steps now to ensure compliance. If passed in 2023, the first report will be required before May 31, 2024 and companies will be required to report on activities undertaken during the company's previous fiscal year.

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