CIPPIC asks Privacy Commissioner to investigate banking practices

By way of a formal complaint filed August 1, 2008, CIPPIC is challenging the legality of bank policies that require clients to allow the bank to use their personal information for such purposes as "to determine your eligibility for products and services we offer".  CIPPIC also argues that banks must obtain the express consent of clients to any such secondary uses of personal financial information; opt-out consent is not sufficient.