Reminder to Review your Obligations Under the New Foreign Influence Transparency and Accountability Act

By Urshita Grover and Cameron A. Axford

Sept 2024 Charity & NFP Law Update
Published on September 2, 2024

 

   
 

In an era where foreign influence into the political process of democratic nations is becoming an increasing concern, governments around the globe are taking measures to ensure transparency and limit interference. In Canada, this comes in the form of Bill C-70, An Act respecting countering foreign interference. As detailed in our May, 2024 Charity and NFP Law Bulletin No. 527, the stated goal of Bill C-70 is to implement several measures to combat foreign interference targeting all levels of government, the private sector, academia, diaspora communities, and the broader public.

One of these measures is the enactment of the Foreign Influence Transparency and Accountability Act, which will create a registry of individuals and entities in “arrangements” with “foreign principals”.

Bill C-70 received Royal Assent on June 20, 2024. The Foreign Influence Transparency and Accountability Act will come into force on a date to be determined by Governor-in-Council. Canadian charities and not-for-profits, particularly those engaged with international entities, should be aware of the potential impact this new legislation may have on their operations, and what their obligations under the new regime will be. In this regard, reference can be made to our Bulletin No. 527 for a full, in-depth discussion of the new Act.

   
 

Read the September 2024 Charity & NFP Law Update