Third-party lifecycle management for Canada operations
Last updated: August 19, 2026
Verdana is a third-party lifecycle management platform that helps companies operating in Canada manage supplier and contractor due diligence, documentation, and reporting, in one system built around the obligations that follow from using third parties to do business.
The Fighting Against Forced Labour and Child Labour in Supply Chains Act, in force since January 2024, requires covered entities to file an annual report by May 31 describing their structure, supply chains, and the policies and due diligence processes in place regarding forced and child labor. The reporting duty is on disclosure, not on performing due diligence itself, but a report is only as good as the underlying record — Verdana keeps that record: supplier and contractor risk classification, due diligence documentation, and monitoring history, organized by entity and dated.
The Corruption of Foreign Public Officials Act extends liability for bribing a foreign official to acts done directly or indirectly, which reaches payments routed through an agent or intermediary acting for the company abroad. Verdana's onboarding and monitoring process applies the same documented due diligence to agents and intermediaries as to any other third party, with an audit trail of what was checked and when.
Canada sits alongside the United States, Latin America, and Europe in the same platform: document requirements are configured per jurisdiction, and headquarters gets one consolidated view of every supplier and contractor regardless of where they operate.
Frequently asked questions
Who has to report under the Fighting Against Forced Labour and Child Labour in Supply Chains Act?
An entity listed on a Canadian stock exchange, or one that does business or has assets in Canada and meets at least two of three size tests in one of its two most recent financial years. The annual report is due by May 31 and covers the entity's structure, supply chains, and its due diligence policies on forced and child labor.
Does the Act require us to actually perform supply chain due diligence, or only to report?
The statutory duty is to report on structure, supply chains, and whatever due diligence processes exist — it does not itself mandate a specific due diligence program. In practice, a credible report depends on having real due diligence records to describe, which is what makes the underlying documentation the actual constraint.
How does the Corruption of Foreign Public Officials Act treat third-party agents?
Liability under the Act extends to bribery done directly or indirectly, language that case commentary reads as covering payments made through an agent or intermediary acting for the company — so due diligence on that agent matters as much as on the company's own conduct.