Madam Speaker, I would like to thank my hon. colleague for his friendship and support. I have sought his counsel on numerous occasions to get his advice on issues he had heard about from his constituents.
He made it very clear that Canadians should have more control over their data and that Canadians should have greater privacy online. As he reminded me, particularly in this pandemic, more Canadians are learning online, working online and accessing information online.
One area we targeted and honed in on to provide greater control for Canadians was around data portability. This will enable, as the member clearly highlighted, the ability for individuals to transfer their data from one entity to another. This will create an enormous amount of activity online. It will empower Canadians, and it will create opportunities in many areas, including, as I mentioned, in the financial sector, with open banking for example.