Canada: Reporting requirements in new law on forced labor
Affected businesses must report on specific details and steps taken to help prevent and reduce forced labor.
Affected businesses must report on specific details and steps taken to help prevent and re
Legislation to fight against forced labor and child labor (Bill S-211) was passed in May 2023 and comes into effect on January 1, 2024.
Affected businesses must report by May 31, 2024, on specific details and steps taken in the previous financial year to help prevent and reduce forced labor.
Read a July 2023 report prepared by the KPMG member firm in Canada that provides “commonly asked questions” to assist companies and other businesses in preparing now for new transparency and disclosure requirements.
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