Securities Act

Overview

The Securities Act (RSBC 1996, c 418) protects employees from reprisals when acting in good faith. This includes seeking advice on a disclosure, expressing an intent to disclose, or making a disclosure.

What kind of disclosure is protected?

Under the Act, employees are protected from reprisals for giving evidence at a hearing or similar proceeding and for cooperating with a review, investigation, examination or inspection.

Disclosures are protected when they are made to the commission, a recognized self-regulated body, or a law enforcement agency.

Who is eligible for protection?

This Act protects employees who, while acting in good faith, sought advice about making a disclosure, expressed an intent to disclose, or made a disclosure.

How are whistleblowers protected?

Employees are protected from reprisals and the threat of reprisals, including disciplinary measures, demotions, termination of employment or an employment contract, and measures that adversely affect the employee’s employment or working conditions s. 168.04(1).

In a proceeding related to the contravention of the protections above, it is not necessary to prove that the employee made or intended to make a disclosure, nor that the employee cooperated with a review, investigation, examination, or inspection s.168.04(2).