This translation has been automatically generated and has not been verified for accuracy.The federal government plans to overhaul its two-decade-old private-sector privacy rules to give Canadians greater control over how tech companies handle their data, while threatening some of the highest penalties in the world for companies that violate the new legislation.
Innovation Minister Navdeep Bains tabled legislation Tuesday that would introduce a new Consumer Privacy Protection Act that could align Canada’s approach to privacy with more progressive regimes such as California and the.
For the worst offenders, fines for breaching the new legislation could cost them as much as $25-million or 5 per cent of a company’s global revenues -- whichever is greater -- which is a percentage point more than the EU’s maximum fines. At a press conference in Ottawa Tuesday morning, Mr. Bains said he hoped the legislation would balance the growth of the technology economy with the protection of Canadians' data.“It’s about creating trust," Mr. Bains said.
Privacy advocates have argued for years that Canada needs to upgrade its privacy laws for the modern digital era – not just to strengthen individual rights, but to align with more progressive jurisdictions. The EU regularly reviews trading partners' privacy legislation to ensure safe data transmission from member countries, and has the power to limit data flows to incompatible jurisdictions, which could threaten trade relationships.
Still, the federal Liberals have been slow to upgrade Canada’s consumer privacy laws, which Mr. Therrien has been
You have control: don't give it to them.
ABOUT FUCKING TIME!!!! THANK YOU Minister NavdeepSBains for protecting Canadians!!!! Thank you Prime Minister JustinTrudeau & liberal_party!!