Canada: Quebec’s mandatory disclosure requirements for nominee agreements come into effect

Executive summary

On 24 September 2020, Quebec Bill 42, An Act to give effect to fiscal measures announced in the Budget Speech delivered on 21 March 2019 and to various other measures, as amended, received Royal Assent. Among other measures, Quebec Bill 42 contains measures first announced in the 21 March 2019 Quebec Budget and further detailed by the Ministère des Finances in Information Bulletin 2019-5 released on 17 May 2019 relating to new mandatory disclosure requir…