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Regulating AI in Canada: The Proposed AI and Data Act (Bill C-27) | National Crowdfunding & Fintech Association of Canada

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Regulating AI in Canada: The Proposed AI and Data Act (Bill C-27)

Canadian Bar Review | Teresa Scassa | May 25, 2023

Regulating AI - Regulating AI in Canada: The Proposed AI and Data Act (Bill C-27)

Canada’s Bill C-27, The Digital Charter Implementation Act, features a proposed Artificial Intelligence and Data Act (AIDA).

  • Canada’s Bill C-27, The Digital Charter Implementation Act, includes a proposed Artificial Intelligence and Data Act (AIDA). If passed, the AIDA would establish a series of obligations regarding the use of anonymized data in AI systems; the design, development and making available for use of AI systems generally; and the design, development and making available for use of high-impact AI systems.
    • The bill is challenging to fully understand, as many of these obligations are left to be fleshed out in regulations, including even the definition of the “high impact” AI, to which the AIDA will apply. Oversight of the regime will be the responsibility of the Minister of Industry, who is also responsible for supporting the growth of the AI industry in Canada.

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  • The AIDA is introduced amidst a rapidly changing AI landscape and international governance initiatives from the European Union and the United States, and aims to be both ‘agile’ and a form of risk regulation. The scope of the AIDA and its shaping constraints, including AI’s cross-sectoral nature, Canada’s constitutional division of powers, and the tendency to separately address public and private sector actors, are analyzed.
  • The paper points to the necessity for further consultation and engagement to properly regulate AI in Canada, highlighting the challenges in regulating AI and the context and constraints that have shaped the AIDA.

Continue to the full article –> here

Download the 30 page PDF report –> here


NCFA Jan 2018 resize - Regulating AI in Canada: The Proposed AI and Data Act (Bill C-27)The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada’s Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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