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