Norm Farrell and others have outlined the latest prank on the part of the Canadian banking establishmen
t:
http://northerninsights.blogspot.ca/2013/04/royal-bank-of-canda-exporter-of-jobs.html
Alison over at Creekside had this to say:
http://creekside1.blogspot.ca/2013/04/boycott-royal-bank-of-canada.html
So here’s my two cents’ worth. If you want to do business in Canada, you have to pay Canadian living salaries and benefits to Canadian residents and pay reasonable taxes on earnings. If you want to pay Indian wages and eschew benefits and taxes, you can go live there, or in Lichtenstein, or Andorra, or in the Turks and Caicos, or wherever they’ll have you, but then you would be precluded from doing business in Canada.
Oh, wait a minute, I have to tear Chapter 11 out of the book I’m reading.