A Primer on Canada’s Forced and Child Labour Act: What are the Implications for Canadian Financial Institutions?

  • Global Risk Institute

About this Report

The Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Act) took effect January 1, 2004, and reporting entities under the Act are required to start reporting as of May 31, 2024.

This report examines the legislation from the perspective of Canadian financial institutions and their boards, offering an overview of the legislation, the obligations it places on institutional investors, and key learnings from other jurisdictions including the UK and Australia.