OPC INSIGHTS

Privacy Enforcement Developments Relevant to Canadian Financial Institutions

November 16, 2022 3:30pm

Michael Maguire, LL.B.
Director, PIPEDA Compliance Directorate
Office of the Privacy Commissioner of Canada

High-level changes regarding the three pieces of legislation, including privacy, tribunal, and Artificial Intelligence

  • Updates on revised penalties for non-compliance
  • Harmonization between the provinces and Federal Government
  • Tips for avoiding administrative monetary penalties (AMPs)
  • Amendments to the Personal Information Protection and Electronic Documents Act (PIPEDA) and Consumer Privacy Protection Act (CPPA)
  • A provincial versus federal overview of privacy laws impacting FIs in Canada