Law 25:
What you need to know

This new law amends certain provisions of the Act respecting the protection of private information in the private sector.

Effective as of September 22, 2023:

Each company will have to develop, establish andimplement a privacy policyto provide for practices governing its governance with respect to the protection of personal information. Detailed information about this policy should be posted on the company's website;
The company that collects personal information must inform the person concerned of the purposes necessary for this collection and use the personal information only in connection with this purpose;
Bill 25 adds a system of financial administrative penalties applicable in the event of a breach by a company of an obligation imposed on it by the Act, which may go up to a sum of $10,000,000 or an amount corresponding to 2% of the turnover. global business; And
Criminal penalties are also increased, up to $25,000,000 or an amount equal to 4% of the company's worldwide revenue.

Auteur(s) : Par collaboration

Éditeur : LexisNexis Canada