As Canada’s aboriginals play a larger role in the development of Canada’s natural resources, the federal government is taking steps to boost the transparency of the payments they receive from developers.
But the move, which would force annual disclosure of payments worth $100,000 or more, is drawing push-back from those affected the most — aboriginals and the oil industry.
Yet greater transparency would promote better practices, increased accountability, set ground rules and inform the public debate around the impacts of resource extraction on Canada’s aboriginal people.
Claudia Cattaneo – Financial Post – March 20, 2014.