The Canadian federal government recently passed amendments to the Competition Act through omnibus Bill C-59. These amendments create uncertainty for Canadian companies that communicate publicly on environmental and greenhouse gas emission metrics and future goals.
Due to the risk of non-compliance with these new laws, we have temporarily taken down our website content on environmental and climate matters.
ARC remains committed to environmental performance and to reducing greenhouse gas emissions in our portfolio companies. Pending further guidance from the Competition Bureau, we plan to reinstate this information as soon as possible.