I think we do have a sense of where we are moving from a technological perspective--at least how it's going to impact privacy. There is broad agreement on the fact that there is a scope for greater collection, greater use. Some of that is very good, but there are some potential negative consequences. I wouldn't say I'm convinced there is a necessity to try to update a law with a specific technology in mind. If we take a look at some other areas where there have been attempts to do that, we invariably find that we either guess wrong or render the statute, at some time, out of date yet again, because the technology itself has moved much quicker than the law possibly can.
Evidence of meeting #35 for Access to Information, Privacy and Ethics in the 39th Parliament, 2nd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was powers.
A recording is available from Parliament.