本文发表在 rolia.net 枫下论坛If RBC can *forever* survive (say guaranteed by the Canadian government), then I am all for various protections against competitions.
But think it this way, if RBC, due to its in-efficient / high-cost operation was purchased by another foreign company or even go bankrupt, the negative impact to local Canadians may far outweigh the current impacts of the temporary foreign works, which RBC is trying to improve its bottom line.
Regulations are needed but not at the cost of "interfering with the market hand" because doing so will be punished by the market sooner or later.
Just think of ourselves, say if we could hire a caregiver/plumber/doctor/chef easily (assuming airfare is $1 only) from China, our life quality will be greatly improved, and so are the hired caregiver/plumber/doctor/chef. Of course, the local caregiver/plumber/doctor/chef market may suffer, but the market force will help them to transit to more efficient / better-skilled professions..This the beauty of the market force, and if we keep on ignoring the fact that the future competition know no country boundary, we will lose for sure.
I'd rather recommend us to view the RBC issue in another way:
Say if there is no Indian company involved, instead of hiring the local Toronto people, RBC hired a company located in small city (like Moncton) in Nova Scotia (where the general pay is much less than that in Toronto) to replace these local Toronto people, do we still have so much "anger"?更多精彩文章及讨论,请光临枫下论坛 rolia.net