, , , ,

The Canadian government recently put into force the Extractive Sector Transparency Measures Act, which requires companies involved in the mining industry to publicly disclose payments that they make to foreign and domestic government entities. According to Pierre Gratton, president and CEO of the Mining Association of Canada (MAC), the Act “places Canada at the forefront of international efforts to eliminate corruption and promote transparency.” He adds that MAC is “proud to have played an active role in collaboration with the government of Canada and civil society in the promotion and design of this important legislation.”