That stint hurt not just those workers but other companies that were trying to hire the best in the world, only for the feds to deny visas due to one bad apple spoiling the bunch.
http://www.huffingtonpost.ca/news/rbc-temporary-foreign-work...
That stint hurt not just those workers but other companies that were trying to hire the best in the world, only for the feds to deny visas due to one bad apple spoiling the bunch.
http://www.huffingtonpost.ca/news/rbc-temporary-foreign-work...
Adding new employees to the primary labor pool by immigration isn't a huge deal, if you can handle population growth you can probably handle immigration. But I constantly see governments "address" fears about that with limited visa programs, which is hilariously counterproductive.
It really ought to be obvious that employees who face deportation if they leave their jobs aren't part of a competitive, efficient labor market. They're not free to ask for raises, they're not free to object to working conditions or unreasonable hours, they certainly can't leave a bad company to join a competitor or start a new business. All of which makes them great candidates for an employer looking to avoid paying market rates or treating employees decently.
It's crappy for the visa workers and domestic workers alike, and I honestly think the situation could be greatly improved by just expanding real immigration - maybe maintaining initial sponsor requirements if people are worried about unemployed immigrants, but abandoning the ongoing-sponsorship rules in favor of real green-card/citizenship status.
The cost savings plan turned out to be a bust, projects ran over budget or never got off the ground at all and Morteza left. Apparently the new guy is turning things around. Some old colleagues have gone back after being offered hefty raises.
Edit: also, does the teachers union know this is happening? Isn't that retirement fund worth a fortune?
https://twitter.com/oectagovernor/status/768170531468095492
Sadly, this has resulted in no visible changes to the decision.
The OTPP fund is currently at $171.4 billion (all figures in Canadian dollars) as of December 2015, with $13.2 billion in surplus funding as of January 1, 2015. Makes you wonder why they'd go through this kind of cost cutting, doesn't it?