Mortgage Broker

Summer 2014

Mortgage Broker is the magazine of the Canadian Mortgage Brokers Association and showcases the multi-billion dollar mortgage-broking industry to all levels of government, associated organizations and other interested individuals.

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MORTGAGEBROKER mbabc.ca summer 2014 | 41 legalease e reality is, as it o en is in matters of legal requirements, the people who are not the problem to begin with will incur costs in order to comply with the law. ose with more sinister motives (e.g. fraud, identity the ) will take greater steps to avoid detection and are less likely to be concerned with the repercussions of non-compliance with CASL. It is unlikely law enforcement will chase foreign spammers rather than easier local targets. is is particularly so if the spam originates from countries which do not have reciprocal agreements with Canada to enforce spam legislation. e result is that there will be far fewer CEMs but the volume and nature of spam, as that word is generally used and as I indicated at the outset, will not be minimized nearly as much as hoped. Another burden of compliance is that people who comply with CASL are eff ectively required to compromise their privacy rights. For example, people who use their telephones to send text messages ( SMS) that amount to CEMs are required to post their names and addresses on a website. In eff ect, for the privilege of sending the text message they are forced to forego their own privacy interests in a very public way. Penalties are excessive e maximum penalties for contravening CASL are $1 million for individuals and $10 million for corporations. Compare these amounts to B.C. privacy legislation, which provides for fi nes of up to $2,000 for an individual and $500,000 for a corporation. e Criminal Code provides for a fi ne of up to $5,000 and a maximum of six months imprisonment for many of the off ences considered to be criminal but not at the more serious end of criminal behaviour. Consider that in order to penalize a criminal off ender, the prosecution must prove intent beyond a reasonable doubt. In contrast it is relatively easy for a well-intentioned person to inadvertently infringe CASL (as confusing as CASL can be) and attract the extremely high penalties provided. As the money to be extracted from the off ender is not pursuant to a criminal off ence, the threshold of proof is far less than that required in a criminal case. Simply put, the consequences provided in CASL are far out of proportion to the wrongs addressed when one considers our societal structure. •

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