Of course, even in the context of more permissive legislation, there are factors that justify the desire to protect certain information. In such situations, the act provides certain exceptions for third party information, meaning companies doing business with the government. For example, certain clauses of a contract could be excluded.
Now, what we often hear is that it should be all or nothing. Personally, I think there's a happy medium. If companies were told exactly which clauses would be accessible and which ones would be protected, they would be more open.
We are currently operating on a consultation system. When an institution receives an access to information request about a contract it has signed with a third party, the third party is always consulted and can object to the release of the information. In my view, third parties have a right to be consulted, and this is something that can never go away.