GATINEAU: The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.
The federal watchdog says it has received a large number of requests and that it will develop guidance “on an accelerated basis”.
The amendments to the Competition Act that became law last month require companies to be able to substantiate environmental claims made to promote a product or business interest.
Organizations
As part of its work, the regulator says it will launch a public consultation in the coming weeks.
The consortium of Canada’s six largest oilsands companies says the changes create significant uncertainty for Canadian companies that want to communicate publicly about the work they are doing to improve their environmental performance.
This report by The Canadian Press was first published July 4, 2024.
The Canadian Press
