Oxfam Canada Congratulates Government on
Passing Extractive Sector Transparency Measures Act
Oxfam Canada welcomes the passing of the Extractive Sector Transparency Measures Act.
The Act requires oil, mining and gas companies to report annually on taxes, royalties and payment made to governments.
Oxfam now calls on the government to ensure that any resulting regulations or administrative documents only add to the transparency requirements of the sector.
“Unfortunately, people living in resource-rich countries are often negatively affected by extractive industries” said Lina Holguin, Oxfam’s spokesperson. “Our hope is that this new act will ensure that Canadians and citizens in countries where Canadian extractive companies operate have the tools they need to hold their governments accountable.”
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