BUSINESS LAW - Positive impact of Canada's Privacy Legislation on my future retail business.

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Positive impact of Canada's Privacy Legislation on my future retail business. Privacy deals with protecting personal information. Nowadays, a major business challenge consists of maintaining the privacy of any individual's personal information. As business procedures advance, more and more personal information is being collected and used. As a result, the privacy of personal information has become more vulnerable and is a critical concern for organizations, the government, and the public. As of January 1st 2004, almost …

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…integrity of my future company - also they can increase customer loyalty and thus our revenues. We will ensure our customers that their personal information is secured and protected by the Personal Information Protection and Electronic Documents Act. Continuously, all factors give a big advantage for my future business because my company will act upon them and it will gain a great deal in return. Privacy has now become an essential part of any business.