On November 15, 2024, Public Safety Canada (PSC) updated its guidance (the Guidance) on the Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Act). The Guidance clarifies aspects of “entities” obligated to report under the Act and the reporting requirements.
After the passage of the Act in 2023, PSC first released guidance in December 2023 to assist entities in interpreting the application of the Act. Since then, there have been significant revisions to the Guidance, including in March 2024, which we discuss in a previous bulletin.
The Guidance follows PSC consultations after the first reporting year under the Act.
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The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis.
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Managing regulatory compliance through EDGAR filings (Electronic Data Gathering, Analysis, and Retrieval) can be challenging, but doing it well is crucial to your company's success. Handling your EDGAR filings correctly builds investor trust and confidence, which strengthens your company's reputation and boosts shareholder value. It also ensures compliance with the U.S. Securities and Exchange Commission's (SEC) regulations. Here's a quick guide to help you navigate through the key points of EDGAR filings, informed by Newsfile's experts.
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‘Many investors believe nuclear is part of the solution to decarbonize’: A day in the life of an IRO with Denis Jasmin of AtkinsRéalis.
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The Canadian Securities Administrators (CSA) today announced the publication of a notice intended to provide clarity and guidance on how securities legislationapplies to the use of artificial intelligence (AI) systems by market participants. Staff Notice and Consultation 11-348 Applicability of Canadian Securities Laws and the Use of Artificial Intelligence Systems in Capital Markets also seeks stakeholder feedback through consultation questions on the evolving role of AI systems and the opportunities to tailor or modify current approaches to oversight and regulation in light of these advancements.
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Several important developments relating to mandatory climate-related disclosures at home and abroad occurred in 2024. However, questions remain regarding the timeline and content of the mandatory climate-related disclosure regime for Canadian public companies.
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The Canadian Securities Administrators (CSA) today published a summary of the results from its third annual systemic risk survey. The results of this survey provide the CSA with important information on market participants’ views about the stability of the Canadian financial system.
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Amid the backdrop of evolving climate change trends and developments in Canada and worldwide, we decided it was an opportune time to survey the climate disclosure practice of 220 of Canada’s largest public companies.
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