Consultation on strengthening corporate beneficial ownership transparency in Canada
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Thank you for your interest in the consultation on strengthening corporate beneficial ownership transparency in Canada. In order to facilitate broader participation, please note that the deadline for submission has been extended to April 30, 2020.
The Government of Canada is committed to protecting Canadians and Canadian businesses against money laundering, terrorist financing, tax evasion and tax avoidance, while ensuring it remains attractive to do business in Canada. That is why federally-incorporated, privately-held businesses are required to create and maintain a register of individuals with significant control over the corporation. Through our continued coordination with the provinces and territories, we are now exploring options to make the information maintained in these registers more readily available to law enforcement, tax and other competent authorities, such as through the creation of a public registry.
From February 13, 2020 to April 30, 2020, the Government of Canada invites Canadians to provide comments on the Consultation paper: Strengthening Corporate Beneficial Ownership Transparency in Canada.
Written comments can be sent by email to:
Comments can also be submitted by mail to:
Beneficial Ownership Transparency Consultation
Innovation, Science and Economic Development Canada
C.D. Howe Building
235 Queen Street, Room 1043A
Ottawa, Ontario K1A 0H5
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