Corruption In Canadian Companies Abroad

The international economy has checks and balances to attempt to make it a fair playing field or at least ensure they aren’t at a disadvantage. Canada implemented the Canadian Corruption of Foreign Public Officials Act in 1998 to limit corruption in foreign markets. This act prevents Canadians and Canadian businesses from bribing foreign officials.

There are five main elements to this legislation.

1. A person, including an individual, a group of individuals or a business commit this