Final answer:
The company is required to designate an individual with defined authority and responsibility for implementing and maintaining the requirements of CSA Standard W47.1.
Step-by-step explanation:
The statement is true. According to the text, the company is required to designate an individual who will have the authority and responsibility for ensuring that the requirements of CSA Standard W47.1 are implemented and maintained. This person's responsibilities will not be impacted by the responsibilities of others within the company.