I want to move now to “Rules About Contraventions”, clause 52, which states:
An officer, director, agent or mandatary of a corporation that commits a contravention of any of sections 6 to 9 is a party to and liable for the contravention if they directed, authorized, assented to, acquiesced in or participated in the commission of the contravention, whether or not the corporation is proceeded against.
My concern here is that the liability will extend to employers, officers, directors, or agents of the company, and that we may be, through that clause, discouraging individuals from accepting management roles in Canadian business. I'm wondering about your thoughts on that. Am I interpreting that correctly?