February 12, 2009
OTTAWA – On February 9, 2009 Liberal MP John McKay introduced his latest Private Member’s Bill C- 300 to the House of Commons for first reading. This is the first step in the legislative process of the Bill.
Bill C- 300, also cited as the Corporate Accountability of Mining, Oil and Gas Corporations in Developing Countries Act, will promote responsible environmental practices and international human rights standards on the part of Canadian mining, oil and gas corporations in developing countries. The purpose of this Act is to ensure that corporations engaged on mining, oil or gas activities and receiving support from the Government of Canada act in a manner consistent with international environmental best practices and with Canada’s commitments to international human rights standards. The Act gives the Minister of Foreign Affairs and the Minister of International Trade the responsibility of holding corporations accountable for their practices by submitting annual reports to the House of Commons and the Senate for review.
Said McKay: “NGOs and government officials who have expressed concerns about the practices of some mining, oil, and gas operations in developing countries will be encouraged by Bill C- 300. This Bill will provide strong incentives for Canadian corporations in developing countries to follow environmental and human rights standards.”
Mr. McKay offers his sincerest thanks to everyone for their collaboration, and is looking forward to working with fellow parliamentarians to pass this Bill.
To read the complete text of the Bill please visit: http://www.parl.gc.ca/HousePublications/Publication.aspx?DocId=3658424&Language=e&Mode=1