{"id":7092,"date":"2018-10-31T21:00:42","date_gmt":"2018-11-01T01:00:42","guid":{"rendered":"http:\/\/www.irasmithinc.com\/blog\/?p=7092"},"modified":"2018-10-31T23:05:05","modified_gmt":"2018-11-01T03:05:05","slug":"canada-banking-info-collection","status":"publish","type":"post","link":"https:\/\/irasmithinc.com\/blog\/canada-banking-info-collection\/","title":{"rendered":"CANADA BANKING INFO COLLECTION: YOUR EXPECTATIONS VS REALITY ACCORDING TO JUSTIN TRUDEAU"},"content":{"rendered":"<div style=\"width: 1920px; max-width: 100%; margin: auto; clear: both;\">\n<div style=\"position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; -moz-box-shadow: 0px 0px 14px 4px #999; -webkit-box-shadow: 0px 0px 14px 4px #999; box-shadow: 0px 0px 14px 4px #999;\"><iframe loading=\"lazy\" style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%; padding: 0px; margin: 0px;\" src=\"\/\/snakeplayer.com\/watch?v=aXJhX3NtaXRoLTE0OA\" width=\"1920\" height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<\/div>\n<h2 id='canada-banking-info-collection-introduction'  id=\"boomdevs_1\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: \u00a0Introduction<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">On October 29, 2018, the <\/span><a href=\"http:\/\/candicebergen.ca\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Hon. Candice Bergen (Portage&#8211; Lisgar, CPC)<\/span><\/a><span style=\"font-weight: 400;\">, stood in Parliament during Question Period. She talked to troubling reports this previous weekend that <\/span><a href=\"https:\/\/www.statcan.gc.ca\/eng\/start\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statistics Canada<\/span><\/a><span style=\"font-weight: 400;\"> was taking part in <\/span><b>Canada banking info collection<\/b><span style=\"font-weight: 400;\"> without the consent of the people whose info was being asked for.<\/span><\/p>\n<p><a href=\"http:\/\/www.irasmithinc.com\/blog\/mortgages-for-seniors-canada\/\"><span style=\"font-weight: 400;\">Statistics Canada<\/span><\/a><span style=\"font-weight: 400;\"> notified financial institutions, charge card businesses as well as credit reporting companies that it anticipates them to turn over individual financial information of a minimum of half a million Canadians without their consent or authorization. Financial institutions will not be able to tell their customers about the government demand for their financial transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The noticeable issue is, that with the lengthy history of <\/span><a href=\"https:\/\/globalnews.ca\/news\/4273925\/cra-privacy-breaches-searches-documents\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">federal government personal privacy violations<\/span><\/a><span style=\"font-weight: 400;\">, Canadians are appropriately stressed over both the collection as well as the security of their individual economic deals. Ms. Bergen needed to know why the Liberals are accumulating the individual information of Canada without telling them.<\/span><\/p>\n<h2 id='canada-banking-info-collection-pm-justin-trudeau-reacts'  id=\"boomdevs_2\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: PM Justin Trudeau reacts<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Our PM reacted by stating that the <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/federal-budget-process-overview\/\"><span style=\"font-weight: 400;\">federal government<\/span><\/a><span style=\"font-weight: 400;\"> is ensuring that the individual information of Canadians is secured. Stats Canada will certainly make use of the anonymized information for analytical functions only. No details will be revealed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He stated that he understands (which is a way of repeating rumours or hearsay, or worse, that he truly does not understand whatsoever) that Statistics Canada is proactively involved with the <\/span><a href=\"https:\/\/www.priv.gc.ca\/en\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Privacy Commissioner&#8217;s office<\/span><\/a><span style=\"font-weight: 400;\">, to make sure Canadians&#8217; financial details stays safeguarded and private. High-grade and prompt information is important to guaranteeing that federal government programs stay pertinent as well as efficient for Canadians.<\/span><\/p>\n<h2 id='canada-banking-info-collection-ms-bergen-had-not-been-pleased-and-neither-ought-to-we'  id=\"boomdevs_3\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: Ms. Bergen had not been pleased, and neither ought to we<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Ms. Bergen responded that the Liberal federal government strategies to get access to the individual details of <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/secret-debt-in-marriage\/\"><span style=\"font-weight: 400;\">Canadians<\/span><\/a><span style=\"font-weight: 400;\"> without their knowing about it or permission. This consists of details like payments, internet purchases, charge card purchases, cash withdrawals and e-transfers between <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/debt-relief-canada\/\"><span style=\"font-weight: 400;\">members of a family<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She wants to know if the Prime Minister will do the right thing.\u00a0 Will he <strong>guarantee<\/strong> Canadians that this invasion into their lives will be stopped?<\/span><\/p>\n<h2 id='canada-banking-info-collection-pm-justin-trudeau-reacts-by-attempting-to-fault-the-conservatives'  id=\"boomdevs_4\"><strong><span style=\"color: #00ccff;\">Canada banking info collection:\u00a0 PM Justin Trudeau reacts by attempting to fault the Conservatives<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Our PM reacted by stating that Canadians appropriately expect that federal government agencies like Statistics Canada will collaborate with the Privacy Commissioner.\u00a0 He said that Stats Canada will make certain that Canadians&#8217; exclusive lives are shielded. Good words up until we hear that <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/debt-forgiveness-cra-donovan-bailey\/\"><span style=\"font-weight: 400;\">CRA<\/span><\/a><span style=\"font-weight: 400;\"> obtained accessibility to the info, or even worse, cyberpunks!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then for the good part. \u00a0<\/span><span style=\"font-weight: 400;\">PM Trudeau said to the House of Commons and all Canadians that it was the Conservative federal government that selected to end the long-form census as a method of protecting an individuals&#8217; exclusive info. \u00a0So our PM is saying that in some way our <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/receivership-bankruptcy-difference-canada\/\"><span style=\"font-weight: 400;\">private financial transactions<\/span><\/a><span style=\"font-weight: 400;\"> is a straight substitute for basic analytical demographics? I don\u2019t think so.<\/span><\/p>\n<p><a href=\"https:\/\/pm.gc.ca\/eng\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">PM Justin Trudeau<\/span><\/a><span style=\"font-weight: 400;\"> after that doubled down by stating that the Conservatives&#8217; assaults on information and privacy continue.<\/span><\/p>\n<h2 id='canada-banking-info-collection-mr-alain-rayes-richmond-arthabaska-cpc'  id=\"boomdevs_5\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: Mr. Alain Rayes (Richmond&#8211; Arthabaska, CPC)<\/span><\/strong><\/h2>\n<p><a href=\"https:\/\/openparliament.ca\/politicians\/alain-rayes\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Mr. Alain Rayes<\/span><\/a><span style=\"font-weight: 400;\"> also participated. He repeated that Canadians expect the federal government to secure their private details, yet the Liberals wish to gain access to private information on <\/span><a href=\"https:\/\/globalnews.ca\/news\/4608105\/trudeau-defends-statistics-canada-move-to-collect-banking-info-of-500000-canadians\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">500,000 Canadians<\/span><\/a><span style=\"font-weight: 400;\"> without their approval. They intend to consider loan repayments, ATM withdrawals, credit card transactions, financial institution money transfers and social insurance numbers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exactly how can the Prime Minister warrant these activities, which are plainly an offence of Canadians&#8217; personal privacy?<\/span><\/p>\n<h2 id='canada-banking-info-collection-blah-blah-blah'  id=\"boomdevs_6\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: Blah, blah, blah.<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Prime Minister Trudeau responded with more of the same.\u00a0 He said again the government will constantly make sure (a warranty?) that the individual information of Canadians is safeguarded. He said that Stats Canada will make use of the anonymized information only for analytical goals. No details will be revealed (does analytical purposes only include analysis by Canada Revenue Agency?).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He repeated that <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/the-cost-of-living-in-canada\/\"><span style=\"font-weight: 400;\">Statistics Canada<\/span><\/a><span style=\"font-weight: 400;\"> is proactively involved with the Privacy Commissioner&#8217;s workplace on this task and is dealing with it to make certain Canadians&#8217; info continues to be secured and private.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">My personal view is that the primary federal government program that would certainly most take advantage of understanding my <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/personal-financial-responsibility\/\"><span style=\"font-weight: 400;\">private financial information<\/span><\/a><span style=\"font-weight: 400;\"> is the income tax collection system in Canada!<\/span><\/p>\n<h2 id='canada-banking-info-collection-the-law'  id=\"boomdevs_7\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: \u00a0The law<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/laws-lois.justice.gc.ca\/eng\/acts\/P-8.6\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">Personal Information Protection and Electronic Documents Act<\/span><\/i><span style=\"font-weight: 400;\"> (S.C. 2000, c. 5)<\/span><\/a><span style=\"font-weight: 400;\"> (PIPEDA), Canada\u2019s federal private sector privacy legislation, was specifically amended on the issue of privacy. \u00a0<\/span><a href=\"https:\/\/laws-lois.justice.gc.ca\/eng\/acts\/P-8.6\/page-11.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Schedule I of Section 5 of PIPEDA<\/span><\/a><span style=\"font-weight: 400;\"> states that:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c4.3 Principle 3 &#8211; Consent<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The knowledge and consent of the individual are required for the collection, use, or disclosure of personal information, <\/span><b>except where inappropriate<\/b><span style=\"font-weight: 400;\">.\u201d (emphasis added). \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What is one of the exceptions?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">4.3 Principle 3 &#8211; Consent<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u201cNote: In certain circumstances personal information can be collected, used, or disclosed without the knowledge and consent of the individual. For example, legal, medical, or security reasons may make it impossible or impractical to seek consent. When information is being collected for the detection and prevention of fraud or for law enforcement, seeking the consent of the individual might defeat the purpose of collecting the information.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, looking at the exceptions, this only bolsters my hunch. I am convinced this is not only to evaluate the viability and effectiveness of existing social programs. \u00a0\u00a0Rather, it will be used to evaluate and amend the effectiveness of tax investigation programs. This will provide direct new information to the Canada Revenue Agency to bolster current and start new investigations. \u00a0That is why the information is being collected without Canadians\u2019 consent to invade their privacy.<\/span><\/p>\n<h2 id='canada-banking-info-collection-may-i-have-this-dance'  id=\"boomdevs_8\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: \u00a0May I have this dance?<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Justin Trudeau just kept dancing and blaming Conservatives. \u00a0\u00a0This new invasion of privacy really doesn\u2019t have anything to do directly with <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/canadian-insolvency-laws-2\/\"><span style=\"font-weight: 400;\">insolvency<\/span><\/a><span style=\"font-weight: 400;\">. \u00a0However, if I am correct in my guess, and the information is going to be used by <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/cra-tax-return-filed-but-no-money-to-pay-2\/\"><span style=\"font-weight: 400;\">CRA<\/span><\/a><span style=\"font-weight: 400;\">, then it may well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">People may very well have engaged in <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/latest-phishing-scams\/\"><span style=\"font-weight: 400;\">tax evasion<\/span><\/a><span style=\"font-weight: 400;\">. \u00a0I, of course, do not condone it. Criminal charges aside, Canadians who evade taxes and get caught will now have a huge income tax bill to pay.\u00a0 Many won\u2019t be able to.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There will be many <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/transfer-of-property-under-s-160-of-the-income-tax-act-2\/\"><span style=\"font-weight: 400;\">high tax debtors<\/span><\/a><span style=\"font-weight: 400;\"> who will not be able to afford a voluntary payment with CRA. \u00a0Such a voluntary payment plan will need you to pay your original income tax debt.\u00a0 You will not get any reduction in all penalties and interest.\u00a0 So you will be paying in full to Her Majesty. \u00a0For those who will not be able to afford such a voluntary payment plan, <\/span><a href=\"http:\/\/www.irasmithinc.com\/blog\/personal-bankruptcy-canada-faq\/\"><span style=\"font-weight: 400;\">bankruptcy<\/span><\/a><span style=\"font-weight: 400;\"> is definitely not your first option. \u00a0You would have to look at a <\/span><a href=\"http:\/\/www.irasmithinc.com\/faq.html\"><span style=\"font-weight: 400;\">debt settlement restructuring proposal<\/span><\/a><span style=\"font-weight: 400;\"> as a first choice. \u00a0Bankruptcy should be your last option.<\/span><\/p>\n<h2 id='canada-banking-info-collection-what-about-you'  id=\"boomdevs_9\"><strong><span style=\"color: #00ccff;\">Canada banking info collection: \u00a0What about you?<\/span><\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If you have received legal advice that you don\u2019t really have a case, or you can\u2019t afford to fight it out in Court or pay the income tax debt that renders you insolvent, then you need the help of a <\/span><a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_why-use-a-trustee.html\"><span style=\"font-weight: 400;\">professional trustee<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"http:\/\/www.irasmithinc.com\/\"><span style=\"font-weight: 400;\">Ira Smith<\/span><\/a><span style=\"font-weight: 400;\"> Team has years of experience of negotiating with CRA on behalf of tax debtors. \u00a0If you are an individual person and owe CRA and your other creditors, other than for any loans secured by your home, less than $250,000, you can enter into a <\/span><a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_consumer-proposal.html\"><span style=\"font-weight: 400;\">consumer proposal<\/span><\/a><span style=\"font-weight: 400;\"> debt settlement plan. \u00a0If you owe more or are a corporation, we can still negotiate with CRA and restructure you with a <\/span><a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-corporate_restructuring-and-turnarounds.html\"><span style=\"font-weight: 400;\">restructuring proposal debt settlement plan<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our approach for each file is to create an end result where <\/span><a href=\"http:\/\/www.irasmithinc.com\/index.html\"><span style=\"font-weight: 400;\">Starting Over, Starting<\/span><\/a><span style=\"font-weight: 400;\"> Now takes place. \u00a0This starts the minute you are at our door. You\u2019re simply one phone call away from taking the <\/span><a href=\"https:\/\/www.google.com\/maps\/dir\/?api=1&amp;origin=43.80831532297206,-79.54696685040093&amp;destination=ira%20smith%20trustee\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">necessary steps<\/span><\/a><span style=\"font-weight: 400;\"> to get back to leading a healthy, balanced hassle-free life, recover your money and move on to the next investment opportunity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In conclusion, <\/span><a href=\"http:\/\/www.irasmithinc.com\/contact_us.html\"><span style=\"font-weight: 400;\">call us today<\/span><\/a><span style=\"font-weight: 400;\"> for your free consultation.<a href=\"https:\/\/www.google.com\/maps\/place\/Ira+Smith+Trustee+%26+Receiver+Inc.\/@43.808316,-79.5366937,17z\/data=!3m1!4b1!4m5!3m4!1s0x0:0x7fde3a2e744a0e1c!8m2!3d43.808316!4d-79.534505\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-7096\" title=\"canada banking info collection ira smith trustee\" src=\"http:\/\/www.irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-1024x576.jpg\" alt=\"canada banking info collection ira smith trustee\" width=\"584\" height=\"329\" srcset=\"https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-1024x576.jpg 1024w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-300x169.jpg 300w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-768x432.jpg 768w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-500x281.jpg 500w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee-1200x675-cropped.jpg 1200w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2018\/10\/canada-banking-info-collection-ira-smith-trustee.jpg 1280w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada banking info collection: \u00a0Introduction On October 29, 2018, the Hon. Candice Bergen (Portage&#8211; Lisgar, CPC), stood in Parliament during Question Period. She talked to troubling reports this previous weekend that Statistics Canada was taking part in Canada banking info collection without the consent of the people whose info was being asked for. Statistics Canada [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3163,2781,586,3167,439,10,3140,3168,3117,3160,863,2197,3159,2420,3164,777,3169,3166],"class_list":["post-7092","post","type-post","status-publish","format-standard","hentry","category-brandon-blog-post","tag-alain-rayes","tag-banking","tag-canada","tag-canada-banking-info-collection","tag-canada-revenue-agency","tag-cra","tag-federal-government","tag-hon-candice-bergen","tag-house-of-commons","tag-internet-purchases","tag-ira-smith-trustee","tag-justin-trudeau","tag-prime-minister","tag-prime-minister-trudeau","tag-privacy-commissioner","tag-statistics-canada","tag-stats-canada","tag-trudeau"],"_links":{"self":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/7092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/comments?post=7092"}],"version-history":[{"count":5,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/7092\/revisions"}],"predecessor-version":[{"id":7104,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/7092\/revisions\/7104"}],"wp:attachment":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/media?parent=7092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/categories?post=7092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/tags?post=7092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}