This law requires many companies that do business in Canada to provide public annual reports on their efforts to eliminate the use of forced labor in their supply chains.
Our summary of Canada’s legislation, including the entities subject to the new law as well as the reporting requirements, can be found here.
The legislation enters into force January 1, 2024, and companies will be required to report their supply chain diligence efforts for the previous calendar year by May 31, 2024.