In plain words
It is a TXT record at _smtp._tls under your domain, starting v=TLSRPTv1, with an address for the daily reports.
Why it matters to a firm
It tells you when encrypted delivery to your firm failed, which you would not see otherwise.
The check behind the finding
nslookup -type=txt _smtp._tls.yourfirm.ca A record starting v=TLSRPTv1 means reports are requested.