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Recent amendments to the Competition Act, enacted without any transition period or guidance from the federal government, have created significant uncertainty as to how companies in Canada may legally communicate about their environmental and sustainability goals and performance, including actions to address climate change.
While Freehold’s intent and our approach to environmental action remain unchanged, we have decided to significantly reduce how we communicate about that at this time. With uncertainty on how the new law will be interpreted and applied, we will continue to monitor any guidance provided by the Competition Bureau or the federal government to determine how we may communicate on environmental and sustainability matters in the future.
