Paul Lalonde discusses OSC’s proposal to financially reward whistle-blowers

27 Mar 2017

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Board member of TI Canada and partner at Denton’s Canada, Paul Lalonde, commented on the recent Ontario Securities Commission announcement that it is interested in adopting a whistle-blower program. The OSC proposes to offer whistle-blowers financial rewards for coming forth with timely an credible information that leads to the imposition of monetary sanctions.

TI Canada’s soon-to-be-published paper concludes that whistle-blower protections in Canada are insufficient and fall short of Canada’s international commitments to adopt more robust whistle-blower protection laws.