In-Sights: "A strong message…"

Canadian bank fined $1.1M for failing to report suspicious dealings, CTV News, April 5, 2016 The federal anti-money laundering agency has levied a $1.1-million penalty against an unnamed Canadian bank for failing to report a suspicious transaction and various money transfers. It is the first time the Ottawa-based Financial Transactions and Reports Analysis Centre of ...

In-Sights: "A strong message…"

Canadian bank fined $1.1M for failing to report suspicious dealings, CTV News, April 5, 2016 The federal anti-money laundering agency has levied a $1.1-million penalty against an unnamed Canadian bank for failing to report a suspicious transaction and various money transfers. It is the first time the Ottawa-based Financial Transactions and Reports Analysis Centre of ...

In-Sights: "A strong message…"

Canadian bank fined $1.1M for failing to report suspicious dealings, CTV News, April 5, 2016 The federal anti-money laundering agency has levied a $1.1-million penalty against an unnamed Canadian bank for failing to report a suspicious transaction and various money transfers. It is the first time the Ottawa-based Financial Transactions and Reports Analysis Centre of ...

In-Sights: News not fit to print

A Wall Street Journal story, repeated by The Australian and Financial News, other Rupert Murdoch News Corp properties, is apparently not worthy of coverage by Canadian media. I found no reference to this matter in any Canadian pro-media reporting. By RITA TRICHUR and ALISTAIR MACDONALDAug. 6, 2015 7:40 p.m. ET Canada’s top banking regulator has ...

Northern Insight: A billion here, a billion there, pretty soon, you’re talking real money

Was the Royal Bank of Canada hurt by public consternation about exporting jobs, importing foreign workers and telling tall tales about the actions? Only slightly, and only briefly, as their stock price reflects: That does not mean that individuals cannot apply continued pressure on the Royal Bank and their CEO, who earns a quarter million ...

Northern Insight: More "CRAP!" from the blogosphere

Contrary to the claims of retired newsguy Bill Good, blogs are not invariable distributors of CRAP! Instead, the good ones are sources of information and commentary that Bill Good and others in commercial news operations dare not discuss. Creekside, by Alison, is one of the very good blogs; the sort that should embarrass the recipient ...

Northern Insight: Royal Bank of Canada – exporter of jobs

CEO Gordon Nixon, 12.6 million dollar man The Royal Bank of Canada (aka RBC) is responding to public complaints that spread rapidly following reports the bank will be terminating Canadian staff who are training temporary foreign workers to take over their jobs. This is like the condemned being forced to clean and load weapons for ...

The Ranting Canadian: Irony: The Canadian job-killer Gord Nixon, president and CEO of Royal Bank of Canada (RBC), is…

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

Montreal Simon: The Royal Bank and the Foreign Cons

By now you've probably heard about this outrageous story. Dozens of employees at Canada’s largest bank are losing their jobs to temporary foreign workers, who are in Canada to take over the work of their department.But while the Royal Bank richly deserves what's coming to it, so do the Harper Cons. Read more »

The Ranting Canadian: RBC declares war against Canadian workers

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 their ...

Northern Insight: Boycott of RBC – make this a movement

RBC replaces Canadian staff with foreign workers, CBC, April 6, 2013 “Dozens of employees at Canada’s largest bank are losing their jobs to temporary foreign workers, who are in Canada to take over the work of their department. ” ‘They are being brought in from India, and I am wondering how they got work visas,’ ...