New measures to strengthen corporate transparency

Corporate transparency remains one of the most effective ways to fight tax evasion and avoidance, money laundering, the financing of criminal activities and fraud. The Gouvernement du Québec has implemented several measures to strengthen corporate transparency, as announced in the 2019-2020 budget.

We want Québec to set an example in terms of best practices in corporate transparency. It is against this backdrop that the government has decided to consult the public on three initiatives stemming from the recommendations made by various internationally recognized organizations, which have been adopted by several countries to date.

Therefore, I encourage interested persons to read this consultation document and share their feedback, suggestions and opinions with us by submitting a brief to the Ministère des Finances. The submissions received will be analyzed and taken into account to develop the measures that might be implemented.

Thank you for participating in this consultation and helping us safeguard the integrity of our tax system!

Eric Girard

Minister of Finance