Whistleblowers In Canada Could Receive Awards Exceeding $1 Million
By Roisin Davis for Truth Dig - Whistleblowers in Canada could receive awards in excess of $1 million for exposing corporate wrongdoing as part of a formal policy being unveiled Wednesday by the Ontario Securities Commission. Tom Atkinson, the commission’s director of enforcement, announced Monday that the awards could be larger in some cases, especially if more than $10 million in Canadian dollars was collected under the scheme. Canada’s Financial Post reports: [Atkinson] said he could not elaborate until the formal policy is unveiled, but suggested that qualifying for the higher amount would likely be tied to the collection of sanctions or settlement payments, rather than simply the assessment of money due.