The Canada Revenue Agency (CRA) announced that certain reporting requirements for labour organizations and labour trusts will be waived. These entities had faced new requirements—to file reports with the CRA disclosing detailed financial information and information on political, lobbying, and other non-labour relations activities, and to make that information publically available.
The federal government indicated it intends to repeal Bill C-377 (i.e., the legislation that provides for the reporting requirements, effective 31 December 2015).
This CRA waiver means that labour unions and other stakeholders will not be required to develop and submit detailed tracking of certain activities to the CRA for these fiscal periods.
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