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Industry committee We would support it going ahead as well, as it achieves better balance than what we had before. We've learned, over the past number of years, of the weaknesses of the existing legislation, and this bill addresses a number of them. In five years we'll look at this again and maybe
March 26th, 2015Committee meeting
Randy Bundus
Industry committee I'll give it a try. It's very difficult for any particular government to control the Internet. There is always a risk that rules you make here just drive the wrongdoers outside the country—not that you should make the rules for here, but they will just move away. You need coope
March 26th, 2015Committee meeting
Randy Bundus
Industry committee I would suggest that insurers will comply with the privacy law as they do their data mining. I'm not sure, really, how to answer that question, to be honest with you.
March 26th, 2015Committee meeting
Randy Bundus
Industry committee I'd like to highlight four of them. It's not that we would say, “Stop the bill and make these happen”, but in our mind, they would make for a better bill. For example, in paragraph 7(1)(b), which is collect without consent in certain circumstances, we would also like to have a r
March 26th, 2015Committee meeting
Randy Bundus
Industry committee That is the critical word, finding the right balance. Insurers will respect the privacy of their customers; they have to. They compete with each other. Once a breach happens, once they are known to be abusive of information, customers will no longer go there. In addition, the i
March 26th, 2015Committee meeting
Randy Bundus
Industry committee Our opinion on that is unchanged from our previous testimony. The reason is that harmonization is critically important for our industry. Our members operate across the country, and if they were to have to take separate approaches for different parts of the country, it would make
March 26th, 2015Committee meeting
Randy Bundus
Industry committee I'm going to ask my colleague Mr. Dubin to address that question.
March 26th, 2015Committee meeting
Randy Bundus
Industry committee I'm glad as well, Mr. Chair. Thank you. My name is Randy Bundus, and I am senior vice-president, legal and general counsel, with lnsurance Bureau of Canada. I am joined by my colleagues Maddy Murariu, with IBC government relations, and Rick Dubin, with IBC's investigative servic
March 26th, 2015Committee meeting
Randy Bundus