Information Technology
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October 23, 2024
Ontario NDP, privacy commissioner unveil measures to improve safety of school children, educators
Members of Ontario’s Official Opposition NDP and the province’s information and privacy commissioner have announced separate initiatives aimed at improving the safety of school children and educators.
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October 23, 2024
FINTRAC warns lawyers to be alert to potential money laundering and sanctions-evasion schemes
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has published a special bulletin on the use of the legal profession in money laundering and sanctions evasion, warning lawyers and businesses to be alert to the characteristics of financial transactions “that may be associated with the laundering of proceeds of crime through the legal profession.”
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October 21, 2024
Cybersecurity recovery costs for businesses soared to $1.2B in 2023 despite fewer incidents
Canadian businesses spent approximately $1.2 billion on recovery from cybersecurity incidents in 2023, up from approximately $600 million in 2021, despite a decline in the proportion of Canadian businesses impacted by such incidents, according to Statistics Canada's Canadian Survey of Cyber Security and Cybercrime (CSCSC).
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October 21, 2024
CRTC publishes strategic plan to connect Canadians ‘through technology and culture’
The Canadian Radio-television and Telecommunications Commission (CRTC) has announced the publication of its Strategic Plan: Connecting Canadians Through Technology and Culture, which focuses on delivering results in three key areas.
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October 16, 2024
Ottawa says national action plan helped cut auto theft by 19 per cent, boosted vehicle interceptions
Ottawa's national action plan to combat auto theft has resulted in a 19 per cent decline in auto thefts over the first half of the year and an increase in the number of stolen vehicles intercepted by the Canada Border Services Agency (CBSA), according to a federal government news release.
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October 15, 2024
Federal Court permits withholding of sensitive documents in $80B warship procurement case
The Federal Court has confirmed that the government can withhold certain documents in a case concerning alleged bias in the procurement process for the $80 billion Canadian Surface Combatant (CSC) project, citing potential injury to Canada’s national interest.
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October 10, 2024
Proposed $70M settlement reached in TD mutual funds class action
Class actions specialist Siskinds LLP has announced that a $70.25 million settlement has been reached with TD Asset Management Inc. to resolve claims of investors who held units of a TD mutual fund trust through a discount broker. It is one of seven similar actions that Siskinds has launched challenging these types of payments to brokers.
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October 09, 2024
OSC releases report, simulator on how gamification influences investor behaviour
The Ontario Securities Commission (OSC) has released a report that studied the impact of gamification on investors and has simultaneously launched a new trading tool for investors in order to test how online gamification can influence investing behaviour.
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October 08, 2024
Telecoms regulator launches fourth public consultation for Online News Act
The Canadian Radio-television and Telecommunications Commission (CRTC) has launched a public consultation on the proposed Code of Conduct for the Online News Act bargaining framework.
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October 08, 2024
CRTC presses cellphone providers to reduce roaming fees, seeks concrete steps by next month
The Canadian Radio-television and Telecommunications Commission (CRTC) is taking measures to ensure that companies reduce roaming fees, with companies to provide concrete information to the CRTC by Nov. 4 on how they will implement cheaper options.