It appears Statistics Canada has plans to compel banks to hand over our personal transaction information.

That would include everything from bill payments to cash withdrawals to credit card payments and even account balances.

Stats Canada says it has the legal authority to do so without our consent and plans to build a personal information data bank to analyze things like consumer trends and spending habits.

Nanaimo Ladysmith MP Sheila Malcolmson said the NDP are against the plan.

“New Democrats say the Feds have a responsibility to consult with Canadians and at least obtain their consent before moving forward with data collection like that. The Conservatives say it’s already happened, the Liberals say it hasn’t. But the issue has been flagged, it’s a little but murky right now.”

Prime Minister Justin Trudeau is defending the plan by Statistics Canada.