A complex web of legislation governs every Canadian organization. Non-compliance creates significant financial, reputational, and other risks for your organization, its officers, and its directors.
All Canadian organizations are required to comply with a complex and ever-evolving set of laws, regulations, standards, and codes. All three levels of government contribute to this regulatory overburden. Some of the areas of regulatory compliance include:
Regulatory compliance is mandatory for every Canadian organization, large and small. Non-compliance creates significant enforcement risks for organizations, including:
Whistle-blower hotlines exacerbate the risks. Many branches of government actively encourage employees, customers, and members of the public to report non-compliance.
Regulatory investigators are permitted to visit any worksite, speak with any employee, and examine any document they deem relevant.
Investigators typically demand to review an organization's policies. If required policies do not exist or are flawed, the organization's due diligence is immediately put into question.
Enforcement actions are public information. In these days of "naming and shaming", social media will amplify any organizational misstep, creating reputational risk.
Contact us to discuss your goals for compliance risk mitigation.
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