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International News

Firm Fined 5,000

January 01, 2011 posted by Steve Brownstein

A Canadian federal court judge is ordering a credit agency to pay a man $5,000 for wrongly giving him a bad credit report, the first time damages have been awarded under Canada's privacy law.

TransUnion told RBC that Mirza Nammo had bad credit. But the report was actually for a man with a similar name who lived on the same street where Nammo used to live.

Nammo had applied for a business loan and RBC turned him down.

Federal court Judge Russel Zinn ruled TransUnion broke Canada's privacy laws by collecting wrong information about Nammo, not quickly correcting the mistake and not sending the corrected information to the third party.

It's the first award under the Personal Information Protection and Electronic Documents Act, a law passed in 2000.