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LAURION Announces Receipt of $3.71 Million from Exercise of Securities

LAURION Announces Receipt of $3.71 Million from Exercise of Securities
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Corporate Transparency: Quebec Moves Forward with Its New Ultimate Beneficiary Disclosure Regime | Blake, Cassels & Graydon LLP


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Quebec’s Minister of Labour, Employment and Social Solidarity, Jean Boulet,  recently tabled Bill 78,
An Act mainly to improve the transparency of enterprises (Bill or Bill 78), before the Quebec National Assembly.
The Bill seeks to amend the
Act respecting the legal publicity of enterprises (ALPE) and improve corporate transparency. These proposed changes follow the recommendations made by Quebec’s Minister of Finance in pages B.31 and following of the 2020–2021 Budget (Budget).
The Bill will require that corporations disclose information on “ultimate beneficiaries” to the Quebec enterprise registrar, for entry in Quebec’s enterprise register (register), while allowing the information to be searched by the name of a natural person and ensuring adequate protection of personal information. ....

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