Statistics Canada suspends credit searches, delays plan to obtain banking records


The agency will no longer collect personal credit data from TransUnion, anonymize it and use it for statistical analyses. The move follows a campaign from privacy groups, including the B.C. Freedom of Information and Privacy Association. (Globe and Mail)

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Talking point: This is Statistics Canada’s first concrete retreat in the past month or so, despite public calls from the Canadian Bankers Association and the federal Conservative party to get it to collect less financial data on Canadians. Statistics Canada does not get data from Equifax, the other Canadian consumer-credit bureau. The agency also sent a letter to banks, saying it isn’t expecting transaction data from 500,000 Canadians come January, confirming a delay in the process announced a month ago.