Bill 78, An act mainly to improve the transparency of enterprises ("Transparency Act"), will come into force on March 31, 2023, and will result in significant changes to the Act respecting the legal publicity of enterprises.
The purpose of the Transparency Act is to maximize the transparency of companies registered in Québec and, in doing so, to strengthen public protection and contribute to actions aimed at preventing and combatting tax evasion, money laundering and corruption. Many companies will see the effect of the new measures in their operations, as they will have to comply with these new measures in a short period of time.
Take a look at our version of the Act, as amended by Bill 78, in order to better identify these changes.
Annotated Act updated on February 10, 2023.
Download the Annotated Act
