Canada's Modern Slavery Act: A New Multi-Jurisdictional Approach To Reporting

To reflect the realities of global capital markets, the governments of Australia, Canada and the United Kingdom have jointly released an optional multi-jurisdictional template (the "Template") to assist entities in disclosing the measures they have taken to address modern slavery, forced labour and child labour in their operations and supply chains. The Template, together with its accompanying guidance, is intended to streamline compliance for entities subject to one or more of the following supply chain transparency laws: the United Kingdom's Modern Slavery Act 2015, Australia's Modern Slavery Act 2018 and Canada's Fighting Against Forced Labour and Child Labour in Supply Chains Act (the "Modern Slavery Act").