Canada

Find details about Canada's beneficial ownership transparency reforms

Records last updated: 28 November 2024

Contact person: Tymon Kiepe

Current ongoing work

Open Ownership is providing support to authorities who are using the Beneficial Ownership Data Standard for the public federal register. We are also working with the province of British Columbia to implement a regional register expected in 2025, and with the End Snow-Washing Coalition on a project to amplify beneficial ownership transparency advocacy inside and outside Canada.

Committed to one or more

  • Live register
    Following the launch of one or more beneficial ownership registers, a country is labelled as Live register.
Data on the Open Ownership map is drawn from publicly-available sources and may not be comprehensive for all countries. For countries marked in grey we do not have information. If data is incorrect, or to submit new data, please fill in this form.

Implementation details

Individuals with significant control register

Name
Individuals with significant control register
Scope
Full-economy
Register launched
2024
Threshold used to determine beneficial ownership
25%
Structured data publicly available
No
Published as BODS
Planned
Available via API
No

Commitment details

Show further detail
  • Canada has committed to a public beneficial ownership register by the end of 2023 through a commitment by the federal government in the 2023 Federal Budget [28 March 2023] link to commitment
  • Canada has committed to a public beneficial ownership register by 2025 through a commitment by the federal government in the 2021 Federal Budget. [19 April 2021] link to commitment
  • Canada has committed to a public beneficial ownership register by 2023 through a commitment by the federal government in the 2022 Federal Budget [07 April 2022] link to commitment
  • Canada has reiterated its plans to create a “publicly accessible beneficial ownership registry” by the end of 2023 as part of its 2022-2024 Open Government Partnership National Action Plan [22 September 2022] link to commitment
  • Canada has committed to using the Beneficial Ownership Data Standard for the public federal register which the country is planning to launch by the end of 2023 [31 March 2023] link to commitment
  • At the 2023 Summit for Democracy, Canada committed to effective implementation of beneficial ownership transparency measures and the maintenance of a beneficial ownership registry or an alternative mechanism [29 March 2023] link to commitment