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Decentralized Democracy

House Hansard - 172

44th Parl. 1st Sess.
March 23, 2023 10:00AM
  • Mar/23/23 1:27:59 p.m.
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  • Re: Bill C-26 
Mr. Speaker, it has been reported that small and medium-sized businesses could face immense financial pressure from increased red tape and reporting measures. The Business Council of Canada, in an open letter, indicated that businesses were concerned with the added red tape and the impact it would have on small and medium-sized businesses. We realize, at least on this side of the House, that small and medium-sized businesses are the backbone of the economy. Is this the time to be adding more financial pressures to these businesses? Can the member think of alternative ways of being able to satisfy that?
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  • Mar/23/23 1:28:36 p.m.
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  • Re: Bill C-26 
Mr. Speaker, I agree with the member that small businesses are the backbone of Canada and the Canadian economy, with the majority of Canadians working in small and medium-sized businesses. Related to this bill is the fact that this issue affects small-sized businesses disproportionately more, because they do not have enough resources to protect themselves from cyber-threats. In fact, as I mentioned in my speech, the new Canadian Centre for Cyber Security, which is part of the Communications Security Establishment, is there to provide expert advice, guidance, and service and support on cyber-threats and cybersecurity to Canadian organizations.
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  • Mar/23/23 5:25:27 p.m.
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  • Re: Bill C-26 
Madam Speaker, I certainly hear my hon. colleague's support for small businesses and the concerns she is raising, but I come at this from a different standpoint where I feel there are protections here for small businesses. The bill is designed to protect them from unnecessary losses when they happen to be attacked or be subjected to ransomware. Is there a balance here, where this is also about supporting them by preventing those losses?
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  • Mar/23/23 5:25:51 p.m.
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  • Re: Bill C-26 
Madam Speaker, I think a part of the piece of legislation is that we really do not have the details, and that is part of the concern, so I am hoping that, if it goes forward to committee, some of that could be worked out, because that is part of the concern right now. We have the topic and we know what the overarching desire is and what the fines may be, but we do not actually know what all of the regulations would be, and that does raise a lot of concerns, especially for small businesses that do not really know at this point what the bill would mean for them. Hopefully that will come out at committee and there will be more information added, potentially as amendments to the bill.
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