๐Canada has enacted new rules under the Competition Act to combat greenwashing, requiring companies to substantiate their environmental claims. The amendments, part of the Governmentโs Fall Economic Statement 2023, target misleading claims about the environmental benefits of products or business activities. Companies must now prove their environmental claims using internationally recognized methodologies. Violations can result in fines up to $10 million, or higher for repeat offenses. While aiming to protect consumers, these rules also pose risks and uncertainties for businesses, potentially slowing environmental initiatives, as noted by legal experts from Blake, Cassels & Graydon LLP.โ . ๐๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ ๐๐๐๐จ๐ซ๐ญ๐ฅ๐๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฆ๐๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐๐๐ข๐๐๐ญ๐๐ ๐๐๐ ๐๐๐๐ฅ๐ญ๐จ๐ซ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ ๐๐ฆ๐๐ข๐ฅ: ๐ค๐๐ฆ๐๐ฅ@๐ญ๐ก๐๐๐๐ง๐๐๐ข๐๐ง๐ก๐จ๐ฆ๐.๐๐จ๐ฆ @kamalpillai_realtor . . #Greenwashing #CanadaLaw #EnvironmentalProtection #ConsumerRights #SustainableBusiness #CorporateAccountability #EcoFriendly #mnm #malayalisnearmeapp #canadaupdate #canadanews
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