National Action Plan on Open Government Commitment
C03.1.3 - Fiscal, Financial and Corporate Transparency
- Commitment:
- Fiscal, Financial and Corporate Transparency
- Milestone:
- Pursuant to the Budget 2022 commitment the Government of Canada will implement a public and searchable beneficial ownership registry by the end of 2023. The registry will cover federally regulated corporations and will be scalable to allow access to the beneficial ownership data held by provinces and territories that agree to participate in a national registry
- Indicator:
- C03.1.3 - The registry is accessible to the public by the end of 2023
- Lead Organization:
- Innovation, Science and Economic Development Canada
- Deadline:
- By December 2023
- Summit for Democracy:
- No
Updates
2022-09
Status:
Limited progress
Evidence of progress:
A second series of amendments, notably with regards to public dissemination, is expected to be included in a subsequent legislative vehicle that will come into force before the end of 2023.
Evidence:
NIL
Challenges:
NIL