Canada recently announced plans to enact legislation by April 2015 to require mining and oil and gas companies to publicly disclose all payments they make over $100,000 – one time or cumulative – to any host governments or aboriginal groups for resource projects.
In the April 18, 2014 issue of The Lawyers Weekly, Davis LLP's Graham Erion looks at some challenges facing the Canadian government in enforcing this new disclosure system and provides three suggestions on how companies in the resource sector and their counsel can start preparing now for mandatory payment reporting.
Previously published in The Lawyers Weekly
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