PHOTOS: The Canadian Taxpayers Federation’s misleading “debt clock” trailer back when Alberta’s debt wasn’t $10 billion. Now it isn’t $17 billion. Below: CTF Alberta Director Paige MacPherson, telling Okotoks Online that 44,000 teachers sho… . . . → Read More: Alberta Politics: Postmedia’s symbiotic relationship with the Canadian Taxpayers Federation fails to offer much illumination
According to Bloomberg Markets, Royal Bank of Canada President and CEO, Gordon Nixon, is among the most overpaid bank CEOs in North America. Now we know what the RBC did with the profits made from hiring cheap temporary foreign workers, and from the Harper government’s secret $114 billion bailout during the 2008-10 global financial crisis.
. . . → Read More: The Canadian Progressive: Gordon Nixon: RBC chief among the most overpaid bank CEOs in North America
Stung by the Temporary Foreign Workers Program scandal, the Royal Bank of Canada says it’s no longer in the deplorable business of outsourcing Canadian jobs to foreign workers. But only, it seems, when “a worker eligible to work in Canada is available and able to perform the service.”
The post Temporary Foreign Workers Program: RBC . . . → Read More: The Canadian Progressive: Temporary Foreign Workers Program: RBC pledges not to outsource Canadian jobs
I’ll probably have more to write later, but for now, here are some always reliable insights by Star readers on the ‘apology’ from RBC CEO Gord Nixon:
Royal Bank chief executive makes public apology, April 11
An open letter to RBC President and CEO Gord Nixon:
Don’t outsource jobs at your . . . → Read More: Politics and its Discontents: On Insincere Apologies
By: Obert Madondo | The Canadian Progressive: According to a list recently obtained by the Alberta Federation of Labour, the Royal Bank of Canada, (RBC) is one the thousands of Canadian employers fingered in the unraveling Temporary Foreign Worker scandal. The document shows that scandals at RBC and other high-profile employers are “just the […]
. . . → Read More: The Canadian Progressive: Temporary Foreign Worker Scandal: RBC Issues “Open Letter To Canadians”
I have a busy morning ahead, so for now I take the liberty of reproducing two letters from this morning’s Star that make some excellent points as to how to apportion blame for the outrageous corporate practice of outsourcing Canadian jobs, most apparent in the current RBC imbroglio. As well, if you have the . . . → Read More: Politics and its Discontents: More On RBC’s Outsourcing From Star Readers
As fellow blogger LeDaro pointed out to me the other day in a comment on my post about the Royal Bank’s outsourcing of jobs, such practices are common among all of our banks. Further research by the CBC has come up with ample evidence to verify LeDaro’s observation. You can read the complete sad . . . → Read More: Politics and its Discontents: Bad Corporate Behaviour Abounds
By: United Steelworkers Union | Press Release: TORONTO – “The news that RBC is replacing 45 of its employees with workers from India is just further proof that corporations and the Harper government intend to use the Temporary Foreign Worker Program to lower wages across Canada,” said Ken Neumann, National Director of the […]
The . . . → Read More: The Canadian Progressive: Use of Federal Temporary Workers Undermines Canadian Jobs and Wages
Just two pictures, so perhaps not a real gallery, but I think the descriptor is accurate.
Recommend this Post
Somehow, I don’t think George Orwell would be too impressed by the RBC response to its public relations nightmare over the outsourcing of Canadian jobs:
Said Zabeen Hirji, RBC’s chief human resources officer:
“We recognize the impact of this situation on our employees and we continue to remain focused on assisting our . . . → Read More: Politics and its Discontents: The Royal Bank Responds With An Attempt At Damage Control
RBC CEO Gord Nixon
I just knew there had to be a logical explanation. This explains that. Recommend this Post
Irony: The Canadian job-killer Gord Nixon, president and CEO of Royal Bank of Canada (RBC), is also the head of the Ontario Liberal government’s Jobs and Prosperity Council. What an insult.
For continuing coverage of RBC’s latest attacks on Canadian workers, see http://www.facebook.com/BoycottRoyalBankOfCanada
. . . → Read More: The Ranting Canadian: Irony: The Canadian job-killer Gord Nixon, president and CEO of Royal Bank of Canada (RBC), is…
RBC declares war against Canadian workers:
Royal Bank of Canada (RBC) is firing dozens of its employees in Canada and replacing them with lower-paid temporary foreign workers. RBC is forcing their soon-to-be-unemployed Canadian employees to train their own replacements. RBC made $7.5 billion in profits in 2012. Also about a year ago, they increased . . . → Read More: The Ranting Canadian: RBC declares war against Canadian workers
It may be helpful to remember the following video the next time you see an RBC ad portraying the bank as the solution to everyone’s problems. Forty-five soon-to-be-former employees (after they have trained their replacements) would beg to differ with the characterization. I suspect if I had an account with RBC, I would be closing . . . → Read More: Politics and its Discontents: The Royal Bank’s Abasement of Its Employees
Can your landlord help your business attract talents, reduce environmental footprint, and foster team collaboration? Royal Bank of Canada aims to achieve all that with its new Canadian headquarters in Toronto being built by Oxford Properties. I take a look at the special features custom designed for sustainability, employee engagement, and business strategies.
Scheduled for . . . → Read More: Carbon49 – Sustainability for Canadian businesses: Oxford Properties Building New RBC Headquarters