Do Cash Payments Promote Whistleblowing? Quebec and Ontario as Test Cases
Nov 17, 2017
On November 17, 2017, Stikeman Elliott LLP released an article where they discuss whether or not offering monetary incentives promotes whistleblowing.
While the program adopted by the OSC incentivizes reports of misconduct by offering monetary awards to whistleblowers meeting certain eligibility criteria, the AMF refused to offer financial awards, arguing that the protection of confidentiality – and not the prospect of financial rewards – is what primarily motivates whistleblowers to report incidents. The discrepancy between the two models raised the question of whether payment is the key to a successful whistleblower program.
Review the full article on Stikeman Elliott LLP's website.
