Comments on: Go Canada http://www.creativeclass.com/creative_class/2008/11/24/go-canada-4/ The source on how we live, work and play Fri, 19 Mar 2010 00:06:03 -0400 http://wordpress.org/?v=2.8.5 hourly 1 By: Dave So http://www.creativeclass.com/creative_class/2008/11/24/go-canada-4/comment-page-1/#comment-10516 Dave So Tue, 03 Mar 2009 18:53:56 +0000 http://www.creativeclass.com/creative_class/?p=4972#comment-10516 This is what I think about the Royal bank of scotland. RBS boss Fred goodwin should be stripped of the pension he doesn't deserve. If they pay him a profit related percentage he will get minus figures. Taking away his pension is the best option. This is what I think about the Royal bank of scotland. RBS boss Fred goodwin should be stripped of the pension he doesn’t deserve. If they pay him a profit related percentage he will get minus figures. Taking away his pension is the best option.

]]> By: Alex http://www.creativeclass.com/creative_class/2008/11/24/go-canada-4/comment-page-1/#comment-7974 Alex Mon, 01 Dec 2008 05:33:53 +0000 http://www.creativeclass.com/creative_class/?p=4972#comment-7974 In comparison to my dealings with Wells Fargo and BofA in the US, my Canadian banks have generally treated me with contempt, charged me exorbitant fees and provided me fewer financial services in exchange for allowing them to hold my money ($1.50 to look at a cheque online!!) This is a natural result of there not being any meaningful between the Big 5. However, I have never once thought that my money was unsafe, and that is what matters in the end. As for our currency, while this is an unpopular position, I believe it is in Canada's interest to have a strong dollar, as much as this puts pressure on currency-sensitive industries. A stronger currency, plus higher salaries in the US have been a draw to the brighest and most talented Canadians, ones that should be starting up companies like RIM or ATI and not going to work for Apple or Microsoft as H1-B serfs. In my case, I must admit, the thought of 1 USD = 1 CAD played a role in my decision to move back home to Toronto this summer from the US. While I am happy to wait things out a bit with the recent turnaround, if our currency stays so devalued, those pressures to leave will become more difficult to resist. But with oil prices long-term having no where to go but up, I hope that that will not be the case. In comparison to my dealings with Wells Fargo and BofA in the US, my Canadian banks have generally treated me with contempt, charged me exorbitant fees and provided me fewer financial services in exchange for allowing them to hold my money ($1.50 to look at a cheque online!!) This is a natural result of there not being any meaningful between the Big 5.

However, I have never once thought that my money was unsafe, and that is what matters in the end.

As for our currency, while this is an unpopular position, I believe it is in Canada’s interest to have a strong dollar, as much as this puts pressure on currency-sensitive industries. A stronger currency, plus higher salaries in the US have been a draw to the brighest and most talented Canadians, ones that should be starting up companies like RIM or ATI and not going to work for Apple or Microsoft as H1-B serfs.

In my case, I must admit, the thought of 1 USD = 1 CAD played a role in my decision to move back home to Toronto this summer from the US. While I am happy to wait things out a bit with the recent turnaround, if our currency stays so devalued, those pressures to leave will become more difficult to resist. But with oil prices long-term having no where to go but up, I hope that that will not be the case.

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