Canada's New Privacy Law & It Will Let You Destroy All Your Data
Companies could get fined $25 million for flouting the new rules!💰😬
Justin Trudeau has revealed whatcould look like — and it involves pretty hefty fines for rule-breaking companies!
Speaking at a press conference on Tuesday, November 17, the PM explained that the potential law is one way the federal government wants to “protect” Canadian families.
Trudeau explained thatCanada’s Minister of Innovation, Science, and Industry, introduced the “Digital Charter Implementation Act” on the same day.*
According to the PM, the proposed law will give Canadians “more control and greater transparency” over how companies control and use their personal data.
[...] We need a system where [Canadians] know how their data is used and where they have control over how it is handled.
Trudeau explained that the new law would allow Canadians to “move their information from one organization to another.”
He also said it would give the public “the right to have their information deleted.”
The proposed regulation will also ensure there’s more transparency and accountability when it comes to how Canadians’ personal information is used by companies.
For businesses that flout the new rules, there could be fines of $25 million or up to 5% of their revenue, whichever is greater.
These fines would be the highest amongprivacy laws, according to the federal government.
Editor's note: This article has been updated.