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Securities regulator halts work on corporate climate, diversity disclosures
The Toronto Star ^ | April 23, 2025 | By The Canadian Press

Posted on 04/24/2025 5:54:04 AM PDT by Oldeconomybuyer

TORONTO - The Canadian Securities Administrators says it has indefinitely paused work on developing new mandatory climate disclosures and updating diversity reporting rules in response to recent developments in the United States.

Stan Magidson, chair of the CSA, says it made the decision to support companies because of the rapid shift in the global economic and geopolitical landscape.

He says the regulator will instead focus on making Canadian markets more competitive, efficient and resilient.

In recent years, there’s been a push to require companies to report more details on what climate-related risks they face and how they plan to address them, as well as disclosing their own emissions and efforts to reduce them.

(Excerpt) Read more at thestar.com ...


TOPICS: Business/Economy; Canada; News/Current Events; Politics/Elections
KEYWORDS: canada; climate; dei; woke

1 posted on 04/24/2025 5:54:04 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

paused work on developing new mandatory climate disclosures”

PAUSED. Just like the taking the carbon tax down to zero so it can right back up after they get Carney in. The Canadians deserve the misery coming their way for falling for this BS.


2 posted on 04/24/2025 7:52:09 AM PDT by gibsonguy ( )
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