Extractive Sector Transparency Measures Act Report

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The Extractive Sector Transparency Measures Act (“the Act”) was enacted in Canada on 16 December 2014, and brought into force on 1 June 2015. This Act delivers on Canada’s international commitments to contribute to global efforts to increase transparency and deter corruption in the extractive sector. The Act requires extractive entities listed on a stock exchange in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad.