Monthly Archives: April 2013

So Easy to Spend A Million Bucks

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Jim Romahn thinks Harry Pelissero and the Egg Farmers of Ontario are in a hurry to start a new process for quota sales and purchases (April 23, 2013 post – http://agri007.blogspot.ca).  Seems Harry and the Board is in a hurry to spend the egg producer’s money too.  Must be burning a hole in their pocket or there’s an awful lot of women on that Board?  This time it is $1 million towards clinical drug trials for an antidepressant.  Technically the expenditure doesn’t even fall into the EFO mandate or mission since the trials are slated to use fertilized eggs – which aren’t a part of EFO’s oversight. 

 

I would bet that the decision to fund these trials didn’t even warrant much of an explanation to the producers.  My guess is that the producers were merely told that this is what’s happening.  Got questions about it?  Too bad.  Did anyone ask about liability?  Sure hope EFO can’t be associated with future lawsuits from the use of this antidepressant, if and/or when it’s approved for use.  But did anyone even ask?  Doubt it.  Check out a recent Maclean’s article if you think it can’t happen.  (http://www2.macleans.ca/2013/04/20/theres-a-pill-for-that/).  How about getting an outside, independent opinion about the trials?  Was that considered?  Who would know, since minutes aren’t available?

 

And where did this $1 million dollars come from?  It came from the pockets of the producers.  How’d that feel producers?  Does the phrase ‘lay there and love it’ mean anything to you?  Maybe the egg producers are all wealthy enough that $1 million is just a drop in the bucket for them?

 

Is the Farm Products Commission watching this unfold?  Is this what EFO was set up to do?  I don’t think so.     

 

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More Bitching About Banks – But RBC This TIme

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The current news story about the Royal Bank of Canada (RBC), hiring temporary foreign employees and getting rid of existing employees sounds very familiar.  This is exactly what happened in the land of the free, home of the brave – U.S.A – but not just in the banking industry.  Corporate USA kept whining that there were no ‘qualified’ employees in the country so they wrangled a change in the immigration legislation to ‘import’ qualified employees – employees that would work for a lot less money.  And this whining of unqualified employees sounds very familiar as noted in some of Mr. Flaherty’s recent comments that Canada doesn’t have enough qualified employees. 

 

All of the U.S. statistics are laid out in the book, Who Stole the American Dream, by Hedrick Smith.  It states clearly that there were plenty of qualified U.S. candidates when corporate America complained of the shortage but the attraction to corporate America to bring in foreign candidates was all a matter of paying the foreigners less money.  So is Canada just following the example that has been demonstrated by the U.S.?  Let’s hope to hell not!  It’s that kind of strategic action that has gotten the U.S. in the financial mess they’re in now.  How much money is RBC saving by hiring these foreign employees?  RBC claims directly on their website, “RBC believes in the power of communities and the individuals who live in them”.  If that is true, then put your money where your mouth is and hire people from the community to work at your banks. 

 

It’s not a secret that I hate dealing with banks – and I’m merely one of millions who agree.  I hope RBC takes a lot of heat for this action.  They deserve it.    

 

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