Plan to harvest private banking info on hold: Statistics Canada

Nov 08 20:11 2018 Print This Article

OTTAWA — The country’s chief statistician says his agency’s controversial plan to harvest individuals’ banking information is on hold until the privacy commissioner completes an investigation into widespread concerns about the project. Statistics Canada recently caught nine financial institutions off-guard by asking them to share the private banking information of Canadians in 500,000 dwellings across the country. Canadian law could require the institutions to hand over the private information to Statistics Canada as the agency works […]

Read More

About Article Author

iPolitics

iPolitics.ca is an independent, non-partisan news source, committed to providing timely, relevant, insightful content to those whose professional or personal interests require that they stay on top of political developments in Ottawa and the provinces. iPolitics publishes content every day, throughout the day providing cutting edge coverage of Canadian politics, policy and the business of government.

  Categories:

Related Items

A Brief Deconstruction of “Organizing” In Canada - Loonie Politics

  It's PCPO Convention weekend as I write this, and you know what THAT means: It means some unfortunates will have to get off their asses and actually organize stuff.  Since nobody in Canada actually likes organizing stuff, or has the first clue how to organize stuff, things have gone completely ...

Top Funds' Activity in Q3 2018

Arie Shapiro reports, Which Hedge Funds Got ‘Whale Rocked’ in October?:Today is the deadline for 13Fs, where funds of all kinds will disclose what stocks they bought and which ones they sold in the third quarter.But this filing period is a bit different than others because the quarter ended jus ...

Dollar Lower Ahead of Crucial Week for Brexit and Italian Budget

The US dollar is weaker across the board on Friday. The comments from U.S. Federal Reserve Vice-Chair Richard Clarida on interest rates nearing a neutral rate were dollar negative. Rising optimism about the US-China trade disagreement also depreciated the greenback as investors exited the safe have ...

‘It has begun’

Photo: @trailsandbears After all of the reports, data, stats and polls, let’s finish off this dreary week with some real-life reasons why Canadian real estate – at least as we know it in the bubble regions – is a big-risk place to put money. The supply of greater fools is being exhausted. We ...

Have we seen the bottom in Gold? David Brady (16/11/2018)

Nov 16, 2018 Gold initially began its bounce on Wednesday on the back of news that China hawk Peter Navarro had been muzzled by the White House and there were ongoing trade discussions between China and the U.S. at all levels of government. The same evening, Fed Chair Powell made some statements th ...

Cracking the puzzle of Canada’s pipeline problem

Despite the rhetoric we’ve heard for years now, Canada actually enjoyed the benefits of the world price for our crude oil for a few years. Those historically brutal spreads in price disappeared in late 2014 as pipeline capacity in the U.S. grew and the Canadian system also quietly expanded. Befor ...

Despite lower GDP growth, European earnings may accelerate in 2019

For months, Europe has grappled with geopolitical uncertainty in the form of ongoing Brexit negotiations (which face a looming March 2019 deadline) and Italy’s populist coalition government. In this environment, UK companies have appeared less likely to invest – which could lead to lower Europe ...

Canadian farmers want equipment write-off in fiscal update

The president of one of Canada’s largest farm groups says he’s hoping next week’s federal fiscal update will let producers write off the purchase of new farm equipment — a provision that already exists in the United States. “If a farmer was going to buy new equipment — and he buys that ...

Canadian crude oil price differential continues to widen

Authors: Elmira AliakbariAshley Stedman Despite the global recovery in energy prices, Canadian oil prices dropped to US$27. Read more about Canadian crude oil price differential continues to widen Tags:  oil price price differential energy prices West Texas Intermediate Western Canadi ...

This Is Not Just Icing On The Cake

Through this wide ranging volatile period, it has been harder to find great trades. When the market pulls back, the skittishness of the investing community soars. I have had two different stocks in nice set ups plunge with 20% drops in a day. The earnings reports are literally implosion documents ...