I think Canada might have an opportunity to help Europe at least reason a bit about regulations.

For the most part I am thankful that the EU regulates things strictly. As long as I am the consumer of what is regulated and not the maker. Because while the regulation is well meaning, it is not always effective or efficient. And sometimes it achieves absolutely no positive results.

And yet, I am generally for regulating a lot of things.

For instance the cookie-popup-horseshit is failed regulation that came about mainly because regulators were squeamish about real solutions that would have required constant judgement calls. Instead of posing an existential risk to companies that run roughshod over our privacy, they created impotent regulation that is a dual failure: it protects exactly nobody and it wastes everyone's time multiple times over.

Companies that do bad things should face existential risks. It is the only mechanism that works. Fines only work for small players. For large players it is surprisingly often a calculation where the numbers dictate you DO bad things because the downside risk is mostly quantifiable and financially acceptable.

Yes, sanctioning companies guilty of egregious violations of privacy would have been noisy, but it would have been the right thing to do. And it would have been cheaper and more effective than what we have today.