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Smarsh Sets New Industry Standard with Data Freedom Guarantee

Smarsh Sets New Industry Standard with Data Freedom Guarantee

National Post2 days ago
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Guarantee gives Professional Archive customers full control of their archive data—countering common lock-in practices
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PORTLAND, Ore. — Smarsh, the global leader in digital communications compliance and intelligence, today unveiled its Data Freedom Guarantee, an industry-first commitment to refrain from self-service data export fees and regulatory documentation surcharges for Professional Archive customers. With this guarantee, Smarsh reaffirms its promise to provide customers with the most open and accessible platform in the digital communications governance and archiving market.
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No Fees. No Lock-In. No Using Data as Leverage.
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With the Data Freedom Guarantee, Smarsh is setting a new standard for customer empowerment. For its Professional Archive customers, the policy includes:
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No fees to export your data: Smarsh provides a self-service option to export data at no cost—whether for audits, legal discovery, vendor transitions, or internal use.
No fees for regulatory assurance: Annual compliance attestations, policy controls, and audit-ready reports are included—no additional charge.
No barriers to AI: With Smarsh Professional Archive, both new and existing clients can benefit from AI features, such as faster and more effective supervision workflows. Because Smarsh delivers AI benefits as a seamlessly integrated add-on—not as a full platform overhaul—getting started is simple and near instant. This means you won't incur additional costs or effort by being locked into a specific migration process just to access advanced AI capabilities.
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This guarantee ensures that Smarsh customers can access, manage, and move their data freely, without fear of penalty or vendor lock-in.
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A Bold Stand for Customer Control in an AI Era
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Modern AI applications rely on access to clean, unstructured data to drive value across compliance, discovery, risk mitigation, and operational workflows. However, many industry providers limit functionality or require costly data migrations to enable AI capabilities—creating unnecessary disruption.
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Smarsh takes a fundamentally different approach. With the Data Freedom Guarantee, customers can apply AI to their existing archived data—without the need for data migration fees or vendor lock-in. This approach ensures that AI can be deployed quickly, securely, and efficiently, enhancing productivity and compliance while maintaining control over critical information assets.
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'As high-quality data becomes the foundation for effective AI, firms need partners who champion data freedom, not those who hold it hostage,' said Sheldon Cummings, President, Corporate Business at Smarsh. 'The Data Freedom Guarantee is more than a pricing policy, it's a commitment to data accessibility. Smarsh understands how critical it is for customers to use their data—whether for audit, investigation or driving innovation—without strings attached. We're proud to set a standard for the industry that puts customers first.'
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Freedom, Trust, and the Smarsh Difference
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'Our partnership with Smarsh gives us total confidence,' said Mario Chilin, Chief Compliance Officer and Partner at EP Wealth Advisors. 'The Data Freedom Guarantee offers unmatched peace of mind—we know our data is accessible, our costs are predictable, and our compliance needs are met without lock-ins or 'gotchas.' That kind of trust is rare in this space.'
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Smarsh is empowering customers to future-proof their compliance and data strategies by removing cost and access hurdles, giving organizations the flexibility to adapt, grow, and innovate.
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The Data Freedom Guarantee is a cornerstone of the Smarsh Promise—the company's broader commitment to set the industry's highest standard for technology, services and support. Comprised of unmatched service, frictionless data access and usage, security by default and continuous innovation, the promise is designed to keep customers safely ahead of what's next—be that regulation, technological advancements or economic change.
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Learn What Your Archive Could Be Saving You
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Smarsh is offering a no-cost ROI consultation for any organization evaluating archiving solutions. Smarsh technology experts are equipped to run cost-benefit analyses tailored to your needs.
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About Smarsh
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Trump raises tariffs on Canadian goods, BoC keeps rate steady and Telus' new network deal: Business and investing stories for the week of Aug. 3
Trump raises tariffs on Canadian goods, BoC keeps rate steady and Telus' new network deal: Business and investing stories for the week of Aug. 3

Globe and Mail

time29 minutes ago

  • Globe and Mail

Trump raises tariffs on Canadian goods, BoC keeps rate steady and Telus' new network deal: Business and investing stories for the week of Aug. 3

Getting caught up on a week that got away? Here's your weekly digest of The Globe's most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more. U.S. President Donald Trump signed an executive order Thursday evening increasing tariffs on some Canadian goods. The order, effective at midnight on Aug. 1, raises the tariffs that Mr. Trump imposed on Canadian goods in March to 35 per cent from 25 per cent — it does not, however, apply to products that meet the rules outlined in the United States-Mexico-Canada free trade agreement, known as USMCA. Prime Minister Mark Carney, in a statement early Friday morning, said the Canadian government is disappointed by Mr. Trump's actions but remains committed to the free-trade agreement. The Prime Minister disputed Mr. Trump's justification for the 35-per-cent tariff – namely that Canada is a significant source of the deadly opioid fentanyl smuggled into the United States. While the Canadian economy has mostly avoided the impact of the tariffs because the USMCA carve-out, certain industries — such as steel and aluminium, cars, and copper — will be hit harder by the changes. The Bank of Canada held its policy interest rate at 2.75 per cent for the third consecutive time as U.S. trade policy continues to muddy the economic outlook. The central bank is operating amid massive levels of uncertainty created by U.S. President Donald Trump's barrage of tariffs and attempt to rewrite the rules of global trade. Governor Tiff Macklem said there was a 'clear consensus' to hold the rate steady, but suggested the door remained open to additional rate cuts if needed, Mark Rendell reports. The bank also held off again on publishing a central forecast in its quarterly Monetary Policy Report. Instead, it detailed three potential paths for the Canadian economy that depend on the trajectory of U.S. tariffs, ranging from a mild downturn to an extended recession. Even before Mr. Trump's tariff threads, the vibrancy of Canada's business sector was already weak, but the trade war has only deepened the rut. Statistics Canada reported this week that the number of active businesses was effectively flat in April on a month-over-month basis, increasing by just 0.1 per cent. Sectors that are dependent on U.S. demand, such as mining, oil and gas extraction, experienced a sharper decline in the number of active businesses from the start of last year than other sectors, and the gap has widened since Mr. Trump returned to the White House. Statscan noted this decline began before that, and suggested other factors could be at play. Jason Kirby takes a closer look at the numbers in this week's Decoder series. After a months-long search for buyers, Telus Corp. T-T has entered a definitive agreement with the Caisse de dépôt et placement du Québec to sell a minority stake in its nationwide cellphone tower network for $1.26-billion. The Caisse, Canada's second-largest pension fund, will acquire a 49.9-per-cent stake in the infrastructure asset, which is being spun out as a new company called Terrion. The business is worth $2.5-billion, including Telus's 50.1-per-cent equity interest. Telus had $25-billion in long-term debt as of March, and intends to use all proceeds from the sale to pay some of it down. Drumeo is the brainchild of Jared Falk, an Abbotsford-born music teacher, performer and entrepreneur who first started giving drum lessons by video in the pre-streaming era of the early 2000s. Now Mr. Falk's company – Musora Media Inc. – boasts more than 100,000 paid subscribers, with offerings for piano, vocals and guitar as well. Armed with a roster of drumming legends — including Chad Smith of the Red Hot Chili Peppers, Stewart Copeland of The Police, the internet sensation known as El Estepario Siberiano, and The Rolling Stones veteran session man Steve Jordan — Drumeo appears all over the internet with viral clips of musicians showing off their signature grooves and testing themselves on unfamiliar tunes. Jeffrey Jones spoke with Mr. Falk about how he built his music lesson empire, and how Drumeo sets itself apart from the competition. Get the rest of the questions from the weekly business and investing news quiz here, and prepare for the week ahead with The Globe's investing calendar.

From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price
From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price

CTV News

timean hour ago

  • CTV News

From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price

The President Bush, a container vessel operating under the American President Lines (APL) fleet, is moored at the APL Terminal, also known as Global Gateway South, at the port of Los Angeles, Calif., Friday, Aug. 1, 2025. (AP Photo/Damian Dovarganes) WASHINGTON — WASHINGTON (AP) — U.S. President Donald Trump's tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. 'The biggest winner is Trump,' said Alan Wolff, a former U.S. trade official and deputy director-general at the World Trade Organization. 'He bet that he could get other countries to the table on the basis of threats, and he succeeded – dramatically.'' Everything goes back to what Trump calls 'Liberation Day'' – April 2 – when the president announced 'reciprocal'' taxes of up to 50% on imports from countries with which the United States ran trade deficits and 10% 'baseline'' taxes on almost everyone else. He invoked a 1977 law to declare the trade deficit a national emergency that justified his sweeping import taxes. That allowed him to bypass Congress, which traditionally has had authority over taxes, including tariffs — all of which is now being challenged in court. Winners will still pay higher tariffs than before Trump took office Trump retreated temporarily after his Liberation Day announcement triggered a rout in financial markets and suspended the reciprocal tariffs for 90 days to give countries a chance to negotiate. Eventually, some of them did, caving to Trump's demands to pay what four months ago would have seemed unthinkably high tariffs for the privilege of continuing to sell into the vast American market. The United Kingdom agreed to 10% tariffs on its exports to the United States — up from 1.3% before Trump amped up his trade war with the world. The U.S. demanded concessions even though it had run a trade surplus, not a deficit, with the UK for 19 straight years. The European Union and Japan accepted U.S. tariffs of 15%. Those are much higher than the low single-digit rates they paid last year — but lower than the tariffs he was threatening (30% on the EU and 25% on Japan). Also cutting deals with Trump and agreeing to hefty tariffs were Pakistan, South Korea, Vietnam, Indonesia and the Philippines. Even countries that saw their tariffs lowered from April without reaching a deal are still paying much higher tariffs than before Trump took office. Angola's tariff, for instance, dropped to 15% from 32% in April, but in 2022 it was less than 1.5%. And while Trump administration cut Taiwan's tariff to 20% from 32% in April, the pain will still be felt. '20% from the beginning has not been our goal, we hope that in further negotiations we will get a more beneficial and more reasonable tax rate,' Taiwan's president Lai Ching-te told reporters in Taipei Friday. Trump also agreed to reduce the tariff on the tiny southern African kingdom of Lesotho to 15% from the 50% he'd announced in April, but the damage may already have been done there. Bashing Brazil, clobbering Canada, shellacking the Swiss Countries that didn't knuckle under — and those that found other ways to incur Trump's wrath — got hit harder. Even some poorer countries were not spared. Laos' annual economic output comes to US$2,100 per person and Algeria's $5,600 — versus America's $75,000. Nonetheless, Laos got rocked with a 40% tariff and Algeria with a 30% levy. Trump slammed Brazil with a 50% import tax largely because he didn't like the way it was treating former Brazilian President Jair Bolsonaro, who is facing trial for trying to lose his electoral defeat in 2022. Never mind that the U.S. has exported more to Brazil than it's imported every year since 2007. Trump's decision to plaster a 35% tariff on longstanding U.S. ally Canada was partly designed to threaten Ottawa for saying it would recognize a Palestinian state. Trump is a staunch supporter of Israeli Prime Minister Benjamin Netanyahu. Switzerland was clobbered with a 39% import tax — even higher than the 31% Trump originally announced on April 2. 'The Swiss probably wish that they had camped in Washington'' to make a deal, said Wolff, now senior fellow at the Peterson Institute for International Economics. 'They're clearly not at all happy.'' Fortunes may change if Trump's tariffs are upended in court. Five American businesses and 12 states are suing the president, arguing that his Liberation Day tariffs exceeded his authority under the 1977 law. In May, the U.S. Court of International Trade, a specialized court in New York, agreed and blocked the tariffs, although the government was allowed to continue collecting them while its appeal wend its way through the legal system, and may likely end up at the U.S. Supreme Court. In a hearing Thursday, the judges on the U.S. Court of Appeals for the Federal Circuit sounded skeptical about Trump's justifications for the tariffs. 'If (the tariffs) get struck down, then maybe Brazil's a winner and not a loser,'' Appleton said. Paying more for knapsacks and video games Trump portrays his tariffs as a tax on foreign countries. But they are actually paid by import companies in the U.S. who try to pass along the cost to their customers via higher prices. True, tariffs can hurt other countries by forcing their exporters to cut prices and sacrifice profits — or risk losing market share in the United States. But economists at Goldman Sachs estimate that overseas exporters have absorbed just one-fifth of the rising costs from tariffs, while Americans and U.S. businesses have picked up the most of the tab. Walmart, Procter & Gamble, Ford, Best Buy, Adidas, Nike, Mattel and Stanley Black & Decker, have all hiked prices due to U.S. tariffs 'This is a consumption tax, so it disproportionately affects those who have lower incomes,'' Appleton said. 'Sneakers, knapsacks ... your appliances are going to go up. Your TV and electronics are going to go up. Your video game devices, consoles are going to up because none of those are made in America.'' Trump's trade war has pushed the average U.S. tariff from 2.5% at the start of 2025 to 18.3% now, the highest since 1934, according to the Budget Lab at Yale University. And that will impose a $2,400 cost on the average household, the lab estimates. 'The U.S. consumer's a big loser,″ Wolff said. AP Economics Writer Christopher Rugaber contributed to this story. Paul Wiseman, The Associated Press

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