Privacy Policy
The Personal Information Protection Act (British Columbia) regulates the
way private sector organizations within British Columbia collect, use and
disclose personal information. It applies to both corporate and not for
profit organizations.
Because Prodigy Wealth Management Corp. ("Prodigy") conducts
business in other jurisdictions within Canada, and some of the business
of Prodigy crosses the borders of one or more Provinces, it is also subject
to the provisions of the Personal Information Protection and Electronic
Documents Act (Federal). The provisions of the Personal Information
Protection and Electronic Documents Act and the Personal Information
Protection Act (collectively the "Acts") are substantially similar and the
main objective, being the protection of personal information, is the
same.
"Personal Information" is defined to mean information about an
"identifiable individual". This includes such things as age, weight,
height, medical records, income, education, home address and
phone number.
Prodigy recognizes the importance of privacy and recognizes the
sensitivity of personal information received by it in the conduct of its
business. This policy has been prepared with this objective in mind.
The need for Personal Information
To be able to give appropriate financial advice to our clients we need
to collect all relevant facts and information that relate to the services
that we provide to our clients. We may also need business and credit
information so we can ensure that we will be compensated for our
services. This information will necessarily include personal information
about our clients and about individuals other than our clients.
Collection, Use and Disclosure of Personal Information
Where practical, Prodigy will try to collect personal information directly
from the person to whom the information pertains. Where necessary,
we will collect personal information from other sources. We will collect
only the personal information necessary for the purposes stated in the
previous paragraph.
The Acts provide that an individual is deemed to consent to the
collection, use or disclosure of personal information about that
individual for a particular purpose if the individual voluntarily provides
the information for that purpose, and it is reasonable that a person
would voluntarily provide that information.
By retaining our corporation for financial and investment advice, we
consider that an individual consents to our collection, use or disclosure
of the individual's personal information as necessary to properly advise
and represent the individual in these financial and investment matters.
Where necessary to fulfil our obligations to the client, it is our policy to
collect personal information about individuals other than our clients in
accordance with the provisions of the Acts.
When we collect personal information about individuals directly from
them, except in situations when their consent to the collection is deemed,
we will tell them the purpose for which the information is collected,
and the name of a person who can answer questions about the
collection.
Obtaining consent from the individual after disclosure of the purpose
to which the personal information is collected, used and disclosed, is a
key element of the Acts. However, this obligation is not absolute.
The Acts also permit us to collect, use or disclose personal information
about an individual in some circumstances without the individual's
consent. Such circumstances include (but are not limited) to where:
- the collection, use or disclosure is clearly in the interests of the
individual and consent cannot be obtained in a timely way;
- collection, use, or disclosure is reasonable for the purposes of an
investigation or proceeding;
- the personal information is available to the public from a prescribed
source; or
- the collection, use, or disclosure is required or authorized by a statute
or regulation of British Columbia or Canada.
When we collect, use or disclose personal information, we will make
reasonable efforts to ensure that it is accurate and complete.
The Acts also allows us, for legal or business purposes, to retain personal
information for as long as is reasonable but also imposes obligations
upon us to ensure that procedures are in place to destroy the
personal information when it is no longer required.
Security of Personal Information
We recognize our professional and legal obligations to protect the
confidential information of our clients. We also recognize our legal
obligations to protect the personal information we have gathered
about our clients and about other individuals during the course of
our business.
Prodigy has made arrangements to secure against the unauthorized
access, collection, use, disclosure, copying, modification, disposal or
destruction of personal information.
Requests for Access to Personal Information
Pursuant to the Acts, an individual may submit a written request to us
to provide them with:
- a record of the personal information of the individual under our
custody or control;
- information about the purposes for which their personal information
under our custody or control has been and is being used by us; and
- the names of persons to whom and the circumstances in which their
personal information has been and is being disclosed by us.
We will respond to requests in the time allowed by the Acts and will
make a reasonable effort to assist applicants and to respond as
accurately and completely as reasonably possible. Requests may be
subject to certain fees and disbursements in accordance with the
provisions of the Acts.
An individual's ability to access his or her personal information under
our control is not absolute. The Acts provide that we must not disclose
personal information where:
- the disclosure could reasonably be expected to threaten the
safety or physical or mental health of an individual other than the
individual who made the request;
- the disclosure would reveal personal information about another
individual and consent is not obtained; or
- the disclosure would reveal the identity of an individual who has
in confidence provided us with an opinion about another individual
and the individual providing the opinion does not consent to the
disclosure of his or her identity.
The Acts further provide that we may choose not to disclose personal
information where:
- the personal information is protected by any legal privilege;
- the disclosure of the information would reveal confidential
commercial information and it is not unreasonable to withhold that
information;
- the personal information was collected by us for an investigation or
legal proceeding;
- the disclosure of the personal information might result in similar
information no longer being provided to us when it is reasonable that
it would be provided;
- the personal information was collected or created by a mediator or
arbitrator in the conduct of a mediation or arbitration for which he or
she was appointed to act under an agreement, under an enactment,
or by a court; or
- the personal information relates to or may be used in the exercise of
prosecutorial discretion.
The above examples are not exhaustive and you are encouraged to
examine the provisions of the Acts for a complete list.
Requests for Correction of Personal Information
An individual may also submit a written request to us to correct errors or
omissions in the personal information of the individual that is in our custody
or control. When provided with a written request, Prodigy will:
- correct the personal information and, if reasonable to do so, send
correction notifications to any other organizations to whom we disclosed
the incorrect information; or
- decide not to correct the personal information but annotate the
personal information that a correction was requested but not made.
Contacting or Communicating with Us
If you have any questions with respect to our policies concerning the
handling of your personal information, or if you wish to request access
to, or correction of, your personal information under our care and control,
please contact our Privacy Officer at:
Prodigy Wealth Management Corp.
620 Leon Ave., Main Floor, Kelowna, British Columbia, V1Y 9T2
(250) 861-5022
If you are dissatisfied with our handling of your personal information, we
invite you to contact our Privacy Officer in writing, setting out the reasons
for your concern. If you remain dissatisfied after our Privacy Officer has
reviewed and responded to your concern, you may wish to contact the
Information Policy and Privacy Branch, Ministry of Labour and
Citizens' Services at:
PO Box 9499 Stn Prov Govt,
Victoria, BC V8W 9N9
Telephone 1-800-663-7867 and ask to be transferred to 356-1851
We also encourage you to obtain a complete copy of the Acts to further
determine the rights and obligations contained within that legislation and
to obtain independent legal advice if considered necessary.
Prodigy Wealth Management
Local Telephone: (250) 861-5022
Toll Free Telephone: 1-800-330-8188
Email: info@prodigywealth.com
Web: www.prodigywealth.com