Facebook Fails to Meet Canada's Privacy Legislation
This ruling was issued by Canada's Privacy Commissioner following an investigation. The Commissioner recommended that Facebook bolster its settings and simplify controls so users can know what happens to their information once it's posted and make informed decisions about how much information they wish to share.
Canada's Privacy laws are based on the principle of consent, and it is therefore impoortant for any vehicle like FAcebook to be transparent in what information it is gathering and what it is going to do with it. See a press report on PCWorld.