• Private Matters: New Canadian Privacy Laws will Affect your Canadian Operations
  • December 17, 2003 | Authors: Simon Chester; Cindy Wan
  • Law Firm: McMillan Binch LLP - Toronto Office
  • Canada's existing national private sector privacy law, the Personal Information Protection and Electronic Documents Act, will extend to every business dealing with personal information in the course of commercial activities in Canada, including businesses offering structured products or hedge funds, beginning January 1, 2004. Businesses in a province that has passed substantially similar privacy laws must meet the requirements of those laws. Practically speaking, every business must comply with the same privacy principles, examine how it deals with personal information and implement privacy safeguards if it has not already done so, as soon as possible.