Conflicts of interest

1. Does TCPS 2 provide guidance about thresholds for financial conflicts of interest? (December, 2011)  NEW

TCPS 2 does not advocate setting thresholds to determine financial conflicts of interest. The salient factor to consider in assessing financial conflicts of interest is the degree to which the interests conflict, not the monetary value involved. TCPS 2 also does not advocate limiting interpersonal conflicts of interest by closeness of familial relationship, as the conflicts of interest may occur with any degree of familial relationship, friendship, or partnership. Articles 7.3 and 7.4 require the disclosure and management of all real, perceived and potential conflicts of interest by REB members and researchers. It is desirable for institutions to address financial conflicts of interest in their policies in accordance with guidance in Article 7.1.