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Canadian Push 4-11-14
 


 

Canadian privacy bill floats $100k fine PER BREACH VICTIM not notified
On Tuesday, the Digital Privacy Act was introduced in Canada's Parliament, proposing stiff penalties for organizations that fail to adequately respond to breaches. Of note, the bill seeks to impose a hefty fine on businesses – up to $100,000 per every data breach victim not notified of the incident. The legislation, which would update Canada's Personal Information Protection and Electronic Documents Act (PIPEDA), would also penalize companies that “deliberately” fail to report a data breach to the Privacy Commissioner of Canada. (Source scmagazine.com)

U.S. retailers find tough going in Canada - Target lost nearly a Billion dollars there last year  For years, Canadians would cross the border to the U.S. to shop at Target. Exporting its cheap chic there seemed like a no-brainer. But a year after opening more than 100 stores north of the border, Target has found business isn’t so easy. Shelves are hard to keep stocked. Shoppers complain the prices are higher than at U.S. stores. Sales have been weak, and the retailer lost nearly a billion dollars in Canada for the year. Target’s difficulties expose the challenges of doing business in Canada that have bedeviled other retailers. Some of the problems are old, like the web of costly regulations. But there are new ones, such as a slower Canadian economy and increasing competition that’s making the retail landscape look a lot like the United States’. (Source buffalonews.com)


Toronto mall’s security upgrades ‘raise the bar’ - Now safest in Canada, tops in North America, expert says 

Shoppers Drug Mart, Lululemon Athletica and Canadian Tire rank in Top 50 of most-valuable retail brands

Edmonton man gets 7 years for robbing a jewelry store of $245,000 on Rolex watches at knifepoint  An Edmonton man who robbed a downtown jewelry store at knifepoint – stealing 32 Rolex watches worth $245,000 – was handed a seven-year prison term on Tuesday. William Israel Ramos, 23, earlier pleaded guilty in Court of Queen’s Bench to charges of robbery, unlawful confinement and possession of a stolen vehicle. Ramos apologized in court for letting his parents down after noting in a prepared statement that they had emigrated to Canada to provide their family with a better life and had raised him to know right from wrong. (Source edmontonsun.com)

Windsor police looking for Hotel smash and grab thieves

Lake Cowichan Mounties find Robbery suspect in lake

Retail Fast Facts: March 2014

Highlights:
• Total monthly retail sales changed by 3.8 per cent over the comparable month last year.
• Total sales excluding food, automotive and gasoline changed by 3.0 per cent over the comparable month last year. Read more (Source retailcouncil.org)

 

Canadian Push 4-11-14
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