National Action Plan on Open Government Commitment

Milestone:
Commitment:
Lead Organization:
Department of Finance Canada
Status:
Substantial progress
Progress:
1. Canada's Finance Ministers met on December 10, 2018 to confirm commitment and discuss progress to implement the Agreement to Strengthen Beneficial Ownership Transparency. 2. As noted, amendments to the CBCA to require federally-incorporated private corporations to keep records of beneficial owners and to eliminate use of bearer shares and bearer share warrants have passed, and targeted consultations on a further measure to improve timely access to beneficial ownership information for law enforcement and tax authorities have been undertaken.
Evidence of progress:
1. December 2018 Finance Minister Meeting communique: https://www.fin.gc.ca/n18/18-118-eng.asp
Challenges:
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