Canadian businesses need to be prepared for Bill S-211, An Act to enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to amend the Customs Tariff. If enacted, the legislation would require every company listed on a Canadian stock exchange – as well as Canadian businesses over a certain threshold of assets, revenues and/or employees, that produce, sell or distribute goods in Canada or elsewhere, or import into Canada goods produced outside of Canada – to file and publish an annual report on actions taken to prevent and reduce the risk of forced labour and child labour in its supply chains.

Laws requiring businesses to report on the risk of forced labour in their supply chains have already been enacted in the UK, Australia, California, and in many countries in Europe.

Unanimously passing its second reading in the House of Commons earlier this year, Bill S-211 could become law in Canada. What does this mean for your business?

In this on-demand webinar, industry leaders from Gowling WLG, BMO and ESG advisory firm Millani explore a number of key questions related to this topic, including:

  • What does this new legislation mean for Canadian issuers?
  • How are investors responding and how do they plan to assess this type of information?
  • How does a business implement this as part of its Environmental, Social and Governance (ESG) reporting?

Event partner

Speakers

  • Stephen Pike - Partner, Gowling WLG
  • Charlotte Lombardi - ESG Manager, Millani
  • Rosa van den Beemt - Head of Stewardship, BMO Global Asset Management

CPD information

This program is eligible for up to 1 hour of substantive CPD credits with the LSO, the LSBC and the Barreau du Québec.