The RBC fiasco


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meghal   
Member since: Jul 04
Posts: 1651
Location: (0,0,0)

Post ID: #PID Posted on: 09-04-13 20:03:54

Quote:
Originally posted by febpreet

Nothing surprising and shocking here. IT industry has been doing this for about a decade now. And, CBC and media just woke up?




I know that. My point is that did iGate exploit any loophole in the immigration law? Can it set a precedent for other company to follow the same practice?

I am already unhappy with the law that allows the company to hire foreign workers at a 15% pay reduction. That means the company can legally create such requirements that may make Canadian workers ineligible. In addition, it also takes away the bargaining power of Canadian employees.

While I appreciate Jason Kenny's work on curbing illegal immigration, I am not happy with the new EI laws. Worse, I don't think that Liberals or NDP can do any better. Whether it is India or Canada, the dilemma remains the same - whom to vote for?

On a side note, Kathleen Wynne is now coming up with idea of levies and taxes to pay for the Metrolinx projects. That means either one should move to Toronto, pay for the tolls or stop getting out of the house. I understand the need for revenue, but in this stagnant economy, increasing taxes hardly help anybody.



febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 09-04-13 20:22:54

Other companies are already doing this. The company I am working with is a well known big corp and have the same outsourcing model. I see outsourced employees being flown from India every now and then. That's why I said - nothing new. If in IT - always get ready.

As for the taxes - why not increase the taxes for the companies that outsource? The very companies making a darn big bucks when lay off their existing workforce and bring in the outsourced company on board. They are earning much more than before, thus should pay more. Simple. Is it not?

I think Govt. has all the money they need for projects. The major chunk goes to the Executives' multi-million dollar paychecks. Until this is curbed or a limit is drawn, get ready to shed more taxes.



Nightmare   
Member since: Apr 06
Posts: 1170
Location:

Post ID: #PID Posted on: 09-04-13 20:45:30

Quote:
Originally posted by meghal

http://www.cbc.ca/news/canada/british-columbia/story/2013/04/05/bc-rbc-foreign-workers.html

I know this might be a routine phenomenon, but seems CBC chose to focus on this particular issue. Wonder if iGate exploited any loophole of new immigration laws. But I believe there might be some collusion between iGate, RBC and gov't at higher levels.

What bothers me most is
- There might be fellow desis who got replaced with other desis.
- The resultant backlash on NRI/CDN of Indian origin.

I feel sympathy for people displaced due to this change



LOL! CBC is most vile news program.

Meghal is worried about backlash to Indians. Unfortunately, like in India, media here is partisan, liberal and hence vile. Surprisingly, no one from immigrant community asked CBC about the plight of thousands of Indian and other immigrants who came to Canada and were told that you are good for nothing because you do not have Canadian education and experience.

I am happy that iGate is slapping the morons. It is also a bold statement by RBC, which says that Canadian education, and experience is inferior to Indian IT education and standards.

I LOL at such news bcs I find very funny reactions from Liberals. For example, Obama has mortgaged next 3 generations of USA to China but still whenever he squeaks about providing “well paying jobs (Read Union jobs or taxpayer funded Govt. Jobs), liberals go GA GA over that and applaud him. I am sure Chinese must be LOL like me bcs he has mortgaged USA. By one estimate, by 2016 when the Lord and the King Obama bows out of the office, USA’s annual interest payment would finance entire Chinese army! But then it would be someone else’s problem.

Likewise, Harpo is not a true conservative. He is selling off Canada piece by piece to China. Still, people cheer him for managing economy in difficult time. I sometimes suspect that Harpo has a hotline with MMS and is learning from MMS as to how to lie and sell off the country piece by piece.

Liberalism (and pseudo Conservatism) is a mental disorder. Liberals cannot comprehend any complex problem and hence search for simple solutions. No wonder CBC is crying hoarse and there is no one to counter it.



kateangels   
Member since: Feb 06
Posts: 5
Location:

Post ID: #PID Posted on: 11-04-13 22:51:14

B.C. union pensions threaten to move $1 billion of funds from RBC over outsourcing plans

Read more: http://www.vancouversun.com/business/union+pensions+threaten+move+billion+funds+from+over+outsourcing/8230710/story.html#ixzz2QDIvExSv



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 12-04-13 11:41:41

I think the media has been unfair in singling out RBC when outsourcing is happening everywhere and has been going on for years but they have raised a good point about presence of temporary foreign workers. They contracted the job out to iGATE, so some iGATE employees are onsite for transition process.



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febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 12-04-13 12:34:18

Quote:
Originally posted by kateangels

B.C. union pensions threaten to move $1 billion of funds from RBC over outsourcing plans

Read more: http://www.vancouversun.com/business/union+pensions+threaten+move+billion+funds+from+over+outsourcing/8230710/story.html#ixzz2QDIvExSv




Haa! Just a rhetoric. We will see how and when they do it. Only time will tell.

Outsourcing has been happening for quite some time now. And, everyone including unions started showing their teeth wide open now.

Mark my words - nothing's gonna happen. The issue will die its natural death in about 2 months.



Nightmare   
Member since: Apr 06
Posts: 1170
Location:

Post ID: #PID Posted on: 12-04-13 20:18:51

The problem has not died. Nixon, CEO of RBC is a moron who has already apologized publicly and thus has set a bad precedent. Such behaviour would encourage more rogue acts. Canada has outsourced many manufacturing activities. I lost my job in Celestica in 2003 as it was outsourced to Malayasia. Since then I have been unemployed/work labor job in Cosmetics mfg or CD mfg or in Circuit board manufacturing companies. Nobody cried for me. Only when it comes to White collar job/Union jobs that CBC and unions take up the issue and other morons join the chorus. Where are the jobs in, say, Cloth manufacturing or Shoe production? List is long. The fact is that all the manufacturing jobs have gone to China, which in turn lends money to USA/Canada and laughs all the way to bank. Liberal morons clap and dance but forget that it is their kids who will pay for their sins. I do not have statistics of trade balance between India-Canada. If it is negative for India then India should take up the issue with Canada. However, India is no China and whole world knows that you can buy MMS. So they keep slapping India on any pretext and sometimes, even without any reason.



Contributors: febpreet(3) meghal(3) bhootnath(2) Nightmare(2) Iceberg(2) Full House(1) kateangels(1) rajcanada(1)



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