Category Archives: Uncategorized

The Privacy Implications of Outsourcing

By Evan Sumner Last month’s revelation that CIBC will be outsourcing a large number of accounting jobs to India scandalized many Canadians. The news not only negatively affected CIBC’s reputation, but caused a drop in its share price and led

One job opening, hundred candidates: IT workers in Vancouver frustrated as tech firms turn to foreign workers

By Amy Chen The majority of information technology jobs in Vancouver receive hundreds of applications from qualified Canadians as the job market for local talent shrinks as employers turn to temporary foreign workers after the federal government’s recent budget made

CIBC shares fall further as Canadians abandon bank

By Amy Chen CIBC’s shares fell by more than a percentage point again today as more angry customers ditched the bank in protest over its decision to fire 130 Canadian workers and force them to train their replacements from India.

Indian outsourcers lobbying Canada to ease TFW restrictions

By Devdas Gupta, writing from Thane, Maharashtra, India The industry body representing business process outsourcing (BPO) companies in India is lobbying[1]https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/clntAddr?cid=319065&lang=eng the Canadian government to to ease short-term temporary foreign worker restrictions with the aim of expanding the four billion-dollar

In capitalist Canada, banks rob you

By ThinkPol Editorial Board Pop quiz: Who owns Canada’s “Big Five” banks? The answer: Each other. Take a look at the top three shareholders of each of Canada’s “Big Five” banks.

Employers no longer allowed to force women to wear heels in BC

By Amy Chen The province of British Columbia has banned mandatory high heels in the workplace, following an initiative by the BC Greens. The requirement to wear high heels in some workplaces is a workplace health and safety issue as

99% of CIBC shareholders vote to remain in tax havens

By Amy Chen CIBC shareholders voted 99%-1% to kill a proposal calling for the bank to pull out of tax havens and other low tax jurisdictions at the corporation’s annual shareholder meeting today in Ottawa. The proposal put forward shareholder

CIBC shares fall as boycott bites

By Amy Chen CIBC’s shares fell by nearly a percentage point wiping $400 million off the bank’s market value today as more angry customers ditched the financial institution in protest over its decision to fire 130 Canadian workers and force

Customers abandon CIBC after bank axes Canadian workers and ships jobs to India

By Amy Chen CIBC customers are abandoning the bank in droves, with some even posting photos of themselves cutting up their bank cards on social media, following the financial institution’s decision to fire 130 Canadian workers and force them to

Trudeau’s Liberals losing to leaderless Conservatives in polls

By Amy Chen A leaderless Conservative Party of Canada has overtaken Prime Minister Justin Trudeau’s Liberal Party in the most recent Forum Research poll[1]Conservatives inch ahead, which suggests that If an election were held today, the Conservatives would win 170