Idea details: Mandatory Reporting on Extractives

The Government of Canada will establish reporting standards on the payments made to governments in Canada and abroad by Canadian companies in the mining, oil, and gas sectors. Extractive companies are often required to make such payments to cover licence fees, rental and entry fees, royalties, and other costs. Mandatory reporting standards will increase Canadians’ awareness about how extractive companies’ revenues are spent, which promotes transparency, and helps to ensure a level playing field for companies operating in Canada and internationally.

Potential activities may include:

  • Creating new legislation on mandatory reporting by companies in the mining, oil, and gas sectors; and
  • Requiring extractives companies to publish data on the payments they make to governments in Canada and around the world.

Your collaboration will help make this proposed activity become a reality. In addition to your general comments, please let us know:

  • What do you see as the ultimate goal for this proposed activity within a two year span?
  • What are the specific actions and milestones required to meet this goal?
  • Who else should be involved in the implementation of this proposed activity?
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Comments

I support this idea - please include mandatory reporting in Canada's next OGP action plan! I want Canada to show leadership in making mining, oil and gas more accountable

I would be very happy to see Canada increase its accountability and transparency measures in relation to the extractives industry.

I whole heartedly support comprehensive mandatory reporting standards for extractive companies. Having been involved in international sustainable development for over 40 yrs I have experienced first hand the positive influence such information can have on all the stakeholders in such circumstances. Accountability is a key to establishing a system which will be sustainable and just to all concerned.

The Canadian Mining Companies, along with oil, and gas companies whether in Canada or outside Canadian borders, must be transparent and accountable to Canadians for the impacts they are having on our environment and with regards to human rights! They must be accountable and subject to Canadian laws regardless of where they operate! The situation with Canadian Mining companies, especially in South America, Asia and Africa, is outrageous!

This looks like a great idea. A big objective would be raising awareness of what actually occurs during these processes and debunking social stereotypes regarding the industry.

Transparency is very important and requires reporting on extractives to be mandatory.

I strongly support mandatory reporting for extractive industries in Canada's next OGP action plan! I want Canada to show leadership in making mining, oil and gas more accountable .

I support this idea - please include mandatory reporting in Canada's next OGP action plan.

I want Canada to show leadership in making mining, oil and gas more accountable

Canada should respect the environment to include the rights of people to stay on their native land. There is no reason to allow mining companies to chase away low income people especially in power countries. Those companies should come back and invest that money here so that people can have more jobs and contribute to the better Canada. It can be more valuable if these mining companies can empower agriculture to fight hunger so people can get food worldwide.

I support this idea - mining, oil and gas industries in Canada need to be more accountable.

I want Canada to show leadership in making mining, oil and gas more accountable.

Canada is a worldwide leader in the extractive industry. It has the opportunity to create real change for the better in this industry. This is why I support mandatory reporting on extractives. This tool will enpower citizens and allow them to make the right decision for their future.
Easy to access information will create a willingness to act on these issues.

I support mandatory reporting by Canadian extractive companies to the jurisdiction in which they are operating and all extractive companies operating in Canada. This information should be reported in such a way as to make it readily accessible to those who are interested.

I support mandatory transparency in the extractive industries. The need for accountability at home and in the countries these corporations operate in was the subject of round table discussions several years ago. Voluntary recommendations are not enough. We need a truly independent ombudsman with power to enforce transparency and accountability from the mining companies, especially in countries with little or unenforced regulation to protect the local people, their livelihood and the environment. Canada should lead the way with high standards.

I support this idea - please include mandatory reporting in Canada's next OGP action plan!

I support this idea - please include mandatory reporting in Canada's next OGP action plan! And please let everybody have easy access to any and all data reported in an open format!

Canada has to take the initiative and make the push for more transparency in the mining sector - Make this priority one.

I support this idea - please include mandatory reporting in Canada's next OGP action plan! Canada needs to show leadership in making mining, oil and gas more accountable, here and everywhere Canadian companies operate.

I support this initiative! Transparency is key to ethical operations in extractive sectors, and Canada should be an accountable leader!

Mandatory reporting for extractive corporations in the USA stock exchanges has proven to be a very useful tool in the efforts to tackle rent seeking behavior in resource-rich developing countries, making this usually opaque economic sector much more transparent. Besides, it can also increase awareness, transparency and social participation in the Canadian extractive sector. This initiative should be part of the OGP commitments.

I want Canada to be a leader in transparency on all fronts! More information for both policy makers and the public is a staple to democracy and can only lead to more informed decisions in the field.

No brainer. Having travelled in Latin America extensively and seen first hand the problems people face I strongly urge action which will provide citizens with good information and empower them to make knowledgeable decisions. Canada has a reputation to uphold but it cannot done unless some action is taken in this regard.

I support this idea - please include mandatory reporting in Canada's next OGP action plan!

I support this idea of mandatory reporting in Canada's next OGP action plan. Given Canada's vast natural resources, it should be a leader in making mining, oil and gas more accountable.

We need to make this industry more accountable. This will be good for Canada and good for developing countries.

This is a critical issue Canadians care deeply about. Please include mandatory reporting in Canada's next OGP action plan.

I support this idea of mandatory reporting in Canada's next OGP action plan. Given Canada's vast natural resources, it should be a leader in making mining, oil and gas more accountable.

I wholeheartedly support this as government transparency is a key step toward increasing democracy in Canada, which at this point has been seen as being on the decline. Canadians need to be able to find the information they need to make informed decisions on the projects the government is proposing.

I support this idea! I want Canada to show leadership in making mining, oil and gas more accountable.

I support this idea -
please include mandatory reporting in Canada's next OGP action plan!

Yes I support this action - let's make it transparent and keep everyone accountable.

Transparency and accountability for Canadian mining industries :)

I support this idea with the same sense of obviousness that I support the idea of eating food in order to survive.

Reporting of ALL kinds of data with regards to resource management should be reported, in detail, for the Canadian public to see. Transparency is honesty, and honesty is a hard requirement for the survival of a conscious, global species. If we cannot see what our other hands are doing, we will never develop the social resilience needed to resolve the most major of our issues (and by extension, achieve our greatest of hopes and dreams).

This is a good place to start, Canada. Begin leading the world by the example of courageous honesty, because it will show the world just how operationally efficient a transparent economic environment can be.

Please include mandatory reporting in Canada's next OGP action plan!

Nous sommes très heureux de recevoir autant de rétroaction aujourd'hui sur les industries extractives. Merci pour vos commentaires!

I want Canada to show leadership in making mining, oil and gas more accountable

We are delighted to receive such high participation today regarding extractives.Thanks for the feedback!

The Government of Canada could lead the world in establishing regulations for the extraction industries that require full disclosure of all conditions and be truly accountable for their actions both at home and abroad.

I want Canada to show leadership in making mining, oil and gas more accountable

Please include this in the next OGP! It's absolutely fundamental to ensuring accountability and fairness on an objective level from our mining and extractive corporations! It will also make the lives of our policy makers easier because of the way it allows access to important information.

As a leader in the mining industry, Canada must include mandatory reporting in its next OGP action plan. I support this idea.

I support this initiative for greater transparency in the resource extraction industries around the globe.

Requiring companies to report on their financial transactions will be one step towards safeguarding the people and environments in which they work, particularly abroad. Then we must turn our excellent but voluntary standards of conduct into mandatory ones.

I want Canada to show leadership in making mining, oil and gas more accountable".

I support this idea - please include mandatory reporting in Canada's next OGP action plan!

I support this idea - please include mandatory reporting in Canada's next OGP action plan!

CLD endorses the proposal, made by Priya Sood in the online “idea dialogue”, that Canada create a centralised registry of the beneficial owners for all companies operated, registered and traded in Canada. Several G8 countries are considering this legislation as a positive step towards curbing corruption, money laundering and tax evasion. At the October 2013 OGP Summit, the United Kingdom made a very high-profile commitment to publish a “registry of the ‘beneficial owners’ of British companies” and the United States has included a commitment along these lines in its current (December 2013) OGP Action Plan.

This in an excerpt from our full submission to the Open Government consultation. For the full submission, go to: http://www.law-democracy.org/live/canada-bold-action-needed-on-open-government/.

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