Section 459.3(1) of the Bank Act requires a bank with equity of one billion dollars or more shall, in accordance with regulations made under subsection (4), annually publish a statement describing the contribution of the bank and its prescribed affiliates to the Canadian economy and society.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large listed companies - banks, trust and loan companies and domestic insurance companies with $1 Billion or greater in equity
Type of instrument
Mandatory or voluntary
The geographical scope