Canadian Initiatives Against Bribery by Foreign Investors
Summary
This report analyzes Canadian legal initiatives under domestic and international law to combat bribery by Canadian businesses investing abroad, identifying four key developments related to sustainable development.
Key insights
- The report identifies four primary developments in Canada's approach to foreign bribery: an increase in the enforcement of the Foreign Bribery Prohibition, expanded anti-bribery compliance requirements for firms, the implementation of mandatory payment transparency for the extractive industry, and a stated objective to pursue a "progressive" trade and investment agenda.
- Canada's prohibition of foreign bribery is mandated by the OECD Convention on Combatting Bribery of Foreign Officials, though the country has a mixed record regarding the implementation of this prohibition.
- To reduce bribery risks, Canadian corporations are increasingly expected to use accounting protocols and compliance systems for risk-mitigation. Additionally, the report suggests that Canada needs a new model Foreign Investment Promotion and Protection Agreement (FIPA) to address corruption beyond simple investment protection, following a public consultation by Global Affairs Canada.
Cite the original document
- APA
- Levine,, M. A. J. (2019). Canadian Initiatives Against Bribery by Foreign Investors. International Institute for Sustainable Development. https://www.iisd.org/publications/report/canadian-initiatives-against-bribery-foreign-investors
- Chicago
- Levine,, Matthew A. J. Canadian Initiatives Against Bribery by Foreign Investors. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/report/canadian-initiatives-against-bribery-foreign-investors.
- Wikipedia
- {{cite report |last1=Levine, |first1=Matthew A. J. |title=Canadian Initiatives Against Bribery by Foreign Investors |publisher=International Institute for Sustainable Development |date=13 June 2019 |url=https://www.iisd.org/publications/report/canadian-initiatives-against-bribery-foreign-investors |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{levine2019canadian, author = {Levine,, Matthew A. J.}, title = {{Canadian Initiatives Against Bribery by Foreign Investors}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = jun, url = {https://www.iisd.org/publications/report/canadian-initiatives-against-bribery-foreign-investors}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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