Extractive sector transparency measures act: Reporting alert

Receive a highlight of the basic requirements of the Extractive Sector Transparency Measures Act, as well as possible business implications and a suggested action plan for implementation.

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The Government of Canada has proclaimed into force the Extractive Sector Transparency Measures Act (the Act).

The Act requires entities engaged in the commercial development of oil, gas and minerals to disclose payments made to all levels of government, both in Canada and internationally.

This CPA Canada Reporting Alert highlights the basic requirements of the Act, considers possible business implications and suggests an action plan to implement the Act.

Highlights

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