Bruce Turner, “an active company director and audit committee chair”, was recently interviewed on this topic. You can see the full interview at CERM Risk Insights and there is also an article in Future of Professions.
Is your IT department ready for more stringent privacy laws? On the heels of the federal government’s bill to modernize federal privacy laws (that is, the Digital Charter Implementation Act, 2020 ), the Ontario government has declared the federal bill inadequate. Consequently, on June 17, 2021, the Ontario government issued a whitepaper entitled Modernizing Privacy in Ontario, initiating further public dialogue on its proposals to improve privacy protection.
On June 17, 2021, Ontario's Ministry of Government and Consumer Services announced a public consultation in order to address the gaps in Ontario's legislative privacy framework. The goal is to establish comprehensive and up-to-date rules, increase confidence in digital services, and support innovation. Stakeholders are invited to provide feedback until August 3, 2021.