Regulatory Compliance
Clara Studio complies with all Canadian data protection and marketing laws.
Personal Data Protection
Quebec - Law 25 (Bill 64)
Law 25 is Quebec's privacy legislation. In effect since September 2024, it requires:
- Explicit consent for data collection
- Data portability rights
- Mandatory breach notification
- Privacy Impact Assessments (PIA)
- Fines up to $25 million or 4% of global revenue
Alberta and British Columbia - PIPA
Alberta and British Columbia have their own Personal Information Protection Acts governing:
- Collection, use and disclosure of personal information
- Access and correction rights
- Employee data protection
Other Provinces - PIPEDA
In other Canadian provinces (Ontario, Manitoba, Saskatchewan, etc.), the federal PIPEDA applies:
- 10 fair information principles
- Meaningful consent
- Mandatory breach reporting
Anti-Spam Law (CASL)
Canada's Anti-Spam Legislation applies nationwide and requires:
- Express or implied consent before sending commercial electronic messages
- Clear sender identification
- Functional unsubscribe mechanism
- Fines up to $10 million per violation
Financial Sector Regulations
AMF - Autorité des marchés financiers
In Quebec, the AMF regulates financial advisor communications:
- No guaranteed returns
- Risk disclosure requirements
- Balanced, non-misleading communications
CIRO - Canadian Investment Regulatory Organization
CIRO (formerly IIROC + MFDA) governs dealer and advisor communications:
- Pre-approval of marketing content
- Record-keeping requirements
- Disclosure standards
OACIQ - Organisme d'autoréglementation du courtage immobilier du Québec
OACIQ regulates mortgage broker communications in Quebec:
- No guaranteed rates or approvals
- Permit number disclosure requirements
- Advertising rules compliance for brokerage
Data Hosting
All Clara Studio data is hosted in Canada:
- Servers located in Montreal, Quebec
- No data transfers outside Canada
- Compliant with Law 25 data residency requirements
Compliant with Canadian laws
PIPEDA
Law 25
PIPA
CASL