Former staff to blow whistle to MPs about bank practices
http://www.cbc.ca/news/politics/banks-finance-mps-sales-1.4140668
238 Comments
Commenting is now closed for this story.
David Raymond Amos
Perhaps folks within
"Gopublic" should read the email from me that they acknowledged
yesterday? Anyone can Google three words in order to view and read a
letter posted within my old blog long ago. Perhaps then maybe CBC will
ask Wayne Easter and his cohorts who I am and what of my concerns
correct?
Those three words are as follows:
Harper and Bankers
Those three words are as follows:
Harper and Bankers
Joseph Cluster
It's clear the problem isn't a
few disgruntled employees that have been let go that are complaining
it's thousands of stressed out employees that have come forward to
complain. So there's a huge problem, fix it, how? It's time that the
banking industry gets a little spanking they're just too big for their
britches.
David Raymond Amos
@Joseph Cluster "It's time that the banking industry gets a little spanking they're just too big for their britches."
That is an understatement to say the very least
"That's your pension you're talking about. Now that you're informed, don't be one of the suckers. That's all there is to it"
No. I don't want to be stolen from just because the thief plans on giving me back a bit of my money when I retire.
Time to bring down the wages/bonuses of those at the top.
Obviously banks can't afford to be paying them so much anyways. BTW any monkey can annually just increase fees...do people really need to be paid 7 figures to do what a computer algorithm can?
That is an understatement to say the very least
Dan Cooper
@Aaron Morris
"That's your pension you're talking about. Now that you're informed, don't be one of the suckers. That's all there is to it"
No. I don't want to be stolen from just because the thief plans on giving me back a bit of my money when I retire.
Time to bring down the wages/bonuses of those at the top.
Obviously banks can't afford to be paying them so much anyways. BTW any monkey can annually just increase fees...do people really need to be paid 7 figures to do what a computer algorithm can?
David Raymond Amos
@Dan Cooper I am still
battling Trudeau "The Younger" and his many minions today just to get my
old age pension and CPP and I turn 65 next month. The dummies deny my
entitlments as a Canadain Citizen just because I ran against them 5
times while trying to expose bank fraud and tax fraud etc. Before you
doubt me just Google
David Amos Bank Fraud
You will find documents that most IRS agents or banksters know exist
David Amos Bank Fraud
You will find documents that most IRS agents or banksters know exist
Joseph Cluster
Having made a slim $35
Billion in profits for the 2015 year the banks believe they stand above
the law it seems when it comes to forcing their employees to do unlawful
acts. Maybe its time to levy huge fines on them, so it goes back to the
little people who have been service charged into the poor house.
Seth Whittaker
@Joseph Cluster
Do you hear that ? That's the worlds smallest violin playing for you
Do you hear that ? That's the worlds smallest violin playing for you
Michael Murphy
@Seth Whittaker "Do you hear that ? That's the worlds smallest violin playing for you"
Right wingers defending criminals, shocking! Well not really
Right wingers defending criminals, shocking! Well not really
David Raymond Amos
@Michael Murphy So says a
dude with exactly the same name as a very questionable former Liberal
Attorney General who quit for no believable reason then came back to try
to be a party leader??? Need I say Hmmm?
David Raymond Amos
@Joseph Cluster It you wish to do some more research then perhaps you should Google
Harper and Bankers
Then my whole name
Harper and Bankers
Then my whole name
Bryan Danielson
Coming out of 2008 Canadian
banks emerged with a reputation worldwide as safe and responsible
institutions. The disgraceful greed of these executives seized that
opportunity to become the ultimate parasites while the nation
collectively let their guard down.
David Raymond Amos
@Bryan Danielson That is just
spin in 2008 Harper kinda sorta bailed them out as well. Our Banksters
are just as evil as all the rest if not worse.
Ben Hague
Funny about a couple of
comments yesterday by former bank employees & financial advisors
could not believe thiese illegal practices happened in banks.Sure &
they give out free money every April 1 .
David Raymond Amos
@Ben Hague On April 1st 2003
for the benefit of bankster 2 Secret Agents working for the US Treasury
Dept paid me a visit with a herd of cops late in the evening after I had
received 4 judgements in my favour within two lawsuits suing their
fellow agents.
They weren't fooling that night and neither am I today. Furthermore our Solicitor General at the time, Wayne Easter and his minions with the RCMP knew all about it way back then. Easter played dumb ever since particular when I sued the Crown in 2015 while we were both running for public office again.
Doubt me? If so just Google two names David Amos and Wayne Easter and follow where your mouse points around the Internet
http://davidraymondamos3.
Sunday, 26 February 2017
Methinks Trump's lawyers McGhan and Cohen should explain why I am
suing the Queen before he meets her N'esy Pas Mr Prime Minister
Trudeau "The Younger"??
---------- Original message ----------
From: Póstur FOR
Date: Sun, 26 Feb 2017 19:04:19 +0000
Subject: Re: Yo John E. Kelly of the DHS your latest boss President
Trump and his evil White House lawyers Cohen & McGahn why I don't give
a damn about Yankee secrets EH?
To: David Amos
Erindi þitt hefur verið móttekið / Your request has been received
Kveðja / Best regards
Forsætisráðuneytið / Prime Minister's Office
---------- Original message ----------
From: Lotus Notes Administrator
Date: Sun, 26 Feb 2017 14:02:48 -0500
Subject: Donald F McGahn is no longer with Jones Day - Message deleted
To: David Amos
Donald F McGahn is no longer with Jones Day. For reasons of
confidentiality, your email was automatically deleted by our email system
before being read. Please re-send any Jones Day business related email to
msowardsnewton@jonesday.com. Megan Sowards Newton can be reached at
+1-202-879-3986.
Regards,
Jones Day Postmaster
---------- Original message ----------
From: David Amos
Date: Sun, 26 Feb 2017 15:02:43 -0400
Subject: Yo John E. Kelly of the DHS your latest boss President Trump
and his evil White House lawyers Cohen & McGahn why I don't give a
damn about Yankee secrets EH?
To: john.e.kelly@tsa.dhs.gov, "James.Comey" , dmcgahn , president ,
djtjr , mcohen , "bob.paulson" , "Greta.Bossenmaier" , "mark.vespucci"
, washington field , "Boston.Mail"
Cc: David Amos , "hon.ralph.goodale" , mdcohen212@gmail.com, birgittaj
, postur , "theresa.may.mp" , freedomtalkradio2013 , "Dale.Morgan" ,
"dale.drummond"
Perhaps you should also ask Bush's former members of the "Coalition of
the Willing" in Iceland and the UK why you dudes in the DHS threatened
to take me to your secretive prison in Cuba on April 1st, 2003 with
the knowledge and blessing of the the RCMP after they helped Yankees
bomb the Hell out of Iraq for a bullshit reason the nobody will ever
understand. Weapons of mass destruction yea right.
You Yankee bastards and your constant wars and talk of more wars are
the ones we all should be concerned about.
http://davidraymondamos3.
Sunday, 26 February 2017
Methinks Trump's lawyers McGhan and Cohen should explain why I am
suing the Queen before he meets her N'esy Pas Mr Prime Minister
Trudeau "The Younger"??
Hey Mr Prime Minister Trudeau "The Younger" perhaps you should have
your very nasty and very greedy assistants Gerald Butts and Katie
Telford or all your minions within the Queen's and the evil lawyer
David Johnson's oh so secretive Privy Council Office scroll down to
review whose computers acted ethically today EH?
---------- Original message ----------
From: "Kelly, John" John.Kelly@dhs.gov
Date: Sun, 26 Feb 2017 18:25:14 +0000
Subject: RE: New response to your FOI request - Do You know who I am
and why I have a lawsuit against your Queen?
To: David Amos motomaniac333@gmail.com
Sir,
I believe you have addressed and sent your email to the wrong John
Kelly. I am not the Secretary of the Department of Homeland Security.
I suggest that you should seek out and identify the correct electronic
message address for the intended recipient you want to address.
Please note that, I am not at liberty to provide you with any email
addresses and I respectfully ask you to remove my email address from
your contact list and any distribution lists.
Thank you in advance.
V/r,
John E. Kelly
---------- Original message ----------
From: David Amos motomaniac333@gmail.com
Date: Sun, 26 Feb 2017 09:53:07 -0400
Subject: RE: New response to your FOI request - Do You know who I am
and why I have a lawsuit against your Queen?
To: team@whatdotheyknow.com, boris.johnson.mp@parliament.uk,
theresa.may.mp@parliament.uk, pm@pm.gc.ca, postur@for.is,
Elizabeth.Denham@ico.org.uk, freedomtalkradio2013@gmail.com
Field Mcconnell fieldmcc@yahoo.com, James.Comey@ic.fbi.gov,
bob.paulson@rcmp-grc.gc.ca, hon.ralph.goodale@canada.ca,
John.Kelly@dhs.gov, alanmdransfield@gmail.com,
B.English@ministers.govt.nz, philip.hammond.mp@parliament.
public.enquiries@hmtreasury.
Bill.Morneau@canada.ca, bill.pentney@justice.gc.ca, mcu@justice.gc.ca,
jan.jensen@justice.gc.ca,
Jody.Wilson-Raybould.a1@parl.
elizabeth.thompson@cbc.ca
Cc: david.raymond.amos@gmail.com, press@bankofengland.co.uk,
Andrew.Bailey@fca.org.uk, oig@sec.gov, premier@gnb.ca,
brian.gallant@gnb.ca,
brian.maude@nbsc-cvmnb.ca, rjgillis@gmglaw.com,
curtis@marinerpartners.com, oldmaison@yahoo.com,
Jacques.Poitras@cbc.ca, Robert.Jones@cbc.ca, newsroom@globeandmail.ca,
news@kingscorecord.com, nmoore@bellmedia.ca, steve.murphy@ctv.ca
I see nothing wrong with posting true facts and seeking answers. Why
do you people?
---------- Forwarded message ----------
From: WhatDoTheyKnow team@whatdotheyknow.com
Date: Sun, 26 Feb 2017 13:07:04 +0000
Subject: New response to your FOI request - Do You know who I am and
why I have a lawsuit against your Queen?
To: David Raymond Amos motomaniac333@gmail.com
You have a new response to the Freedom of Information request
'Do You know who I am and why I have a lawsuit against your Queen?'
that you made to Attorney General’s Office.
To view the response, click on the link below.
https://www.whatdotheyknow.
http://www.cbc.ca/news/world/
Trump and the Crown: Brits unsettled over U.S. president getting royal treatment
Planned state visit subject of protest, U.K. Commons debate today
By Nahlah Ayed, CBC News Posted: Feb 20, 2017 5:00 AM ET
It was enough to prompt one fellow Tory to table a motion of
no-confidence in the Commons to have Bercow ousted for breaking the
rule of speaker's neutrality.
ETC ETC ETC
http://davidraymondamos3.
---------- Original message ----------
From: David Amos motomaniac333@gmail.com
Date: Tue, 14 Feb 2017 10:51:14 -0400
Subject: RE FATCA, NAFTA & TPP etc ATTN President Donald J. Trump I
just got off the phone with your lawyer Mr Cohen (646-853-0114) Why
does he lie to me after all this time???
To: president@whitehouse.gov, mdcohen212@gmail.com, pm@pm.gc.ca,
Pierre-Luc.Dusseault@parl.gc.
Jean-Yves.Duclos@parl.gc.ca, B.English@ministers.govt.nz,
Malcolm.Turnbull.MP@aph.gov.au
mayt@parliament.uk, press@bankofengland.co.uk,
Andrew.Bailey@fca.org.uk,
fin.financepublic-
newsroom@globeandmail.ca, llionel@lionelmedia.com,
CNN.Viewer.Communications.
Cc: david.raymond.amos@gmail.com, elizabeth.thompson@cbc.ca,
justin.ling@vice.com, elizabeththompson@ipolitics.ca
djtjr@trumporg.com, Bill.Morneau@canada.ca, postur@for.is,
stephen.kimber@ukings.ca, steve.murphy@ctv.ca, Jacques.Poitras@cbc.ca,
oldmaison@yahoo.com, andre@jafaust.com
---------- Original message ----------
From: Michael Cohen mcohen@trumporg.com
Date: Tue, 14 Feb 2017 14:15:14 +0000
Subject: Automatic reply: RE FATCA ATTN Pierre-Luc.Dusseault I just
called and left a message for you
To: David Amos motomaniac333@gmail.com
Effective January 20, 2017, I have accepted the role as personal
counsel to President Donald J. Trump. All future emails should be
directed to mdcohen212@gmail.com and all future calls should be
directed to 646-853-0114.
______________________________
This communication is from The Trump Organization or an affiliate
thereof and is not sent on behalf of any other individual or entity.
This email may contain information that is confidential and/or
proprietary. Such information may not be read, disclosed, used,
copied, distributed or disseminated except (1) for use by the intended
recipient or (2) as expressly authorized by the sender. If you have
received this communication in error, please immediately delete it and
promptly notify the sender. E-mail transmission cannot be guaranteed
to be received, secure or error-free as emails could be intercepted,
corrupted, lost, destroyed, arrive late, incomplete, contain viruses
or otherwise. The Trump Organization and its affiliates do not
guarantee that all emails will be read and do not accept liability for
any errors or omissions in emails. Any views or opinions presented in
any email are solely those of the author and do not necessarily
represent those of The Trump Organization or any of its
affiliates.Nothing in this communication is intended to operate as an
electronic signature under applicable law.
---------- Original message ----------
From: David Amos motomaniac333@gmail.com
Date: Tue, 14 Feb 2017 10:15:04 -0400
Subject: RE FATCA ATTN Pierre-Luc.Dusseault I just called and left a
message for you
To: Pierre-Luc.Dusseault@parl.gc.
Diane.Lebouthillier@cra-arc.
curtis@marinerpartners.com, rick.hancox@nbsc-cvmnb.ca
Cc: david.raymond.amos@gmail.com, djtjr@trumporg.com,
mcohen@trumporg.com, elizabeth.thompson@cbc.ca, ht.lacroix@cbc.ca,
hon.melanie.joly@canada.ca
Trust that Trump, CBC and everybody else knows that I speak and act
Pro Se particularly when dealing with the Evil Tax Man
https://twitter.com/
http://www.cbc.ca/news/
Transfer of Canadian banking records to U.S. tax agency doubled last year
Documents for thousands of Canadian residents transferred under controversial FATCA legislation
By Elizabeth Thompson, CBC News Posted: Jan 29, 2017 5:00 AM ET
The Canadian government sent twice as many banking records
of Canadian residents to the IRS in 2016 as it did in 2015. (Susan
Walsh/Associated Press)
Banking records of more than 315,000 Canadian residents were turned
over to the U.S. Internal Revenue Service last year under a
controversial information sharing deal, CBC News has learned.
That is double the number transferred in the deal's first year.
The Canada Revenue Agency transmitted 315,160 banking records to the IRS on Sept. 28, 2016 — a 104 per cent increase over the 154,667 records the agency sent in September 2015.
Lisa Damien, spokeswoman for the CRA, attributed the increase to the fact it was the second year for the Canada-U.S. information sharing deal that was sparked by the U.S. Foreign Account Tax Compliance Act (FATCA).
"The exchange in September 2015 was based on accounts identified by financial institutions at the time," she said. "The number of reported accounts was expected to increase in 2016, because the financial institutions have had more time to complete their due diligence and identify other reportable accounts."
The transmission of banking records of Canadian residents is the
result of an agreement worked out in 2014 between Canada and the U.S.
after the American government adopted FATCA. The U.S. tax compliance act
requires financial institutions around the world to reveal information
about bank accounts in a bid to crack down on tax evasion by U.S.
taxpayers with foreign accounts.
The deal requires financial institutions to share the banking records of those considered to be "U.S. persons" for tax purposes — regardless of whether they are U.S. citizens.
Among the people who can be considered by the IRS as "U.S. persons" are Canadians born in the U.S., dual citizens or even those who spend more than a certain number of days in the United States each year.
Former prime minister Stephen Harper's government argued that given the penalties the U.S. was threatening to impose, it had no choice but to negotiate the information sharing deal. The former government said it was able to exempt some types of accounts from the information transfer.
The Canada Revenue Agency triggered controversy after it transferred
the first batch of Canadian banking records to the IRS in September 2015
in the midst of the election campaign, without waiting for an
assessment by Canada's privacy commissioner or the outcome of a legal
challenge to the agreement's constitutionality.
Prime Minister Justin Trudeau, Treasury Board President Scott Brison and Public Safety Minister Ralph Goodale have dropped calls to scrap the deal, which they had made before the Liberals came to power.
Privacy Commissioner Daniel Therrien has raised concerns about the information sharing, questioning whether financial institutions are reporting more accounts than necessary. Under the agreement, financial institutions only have to report accounts belonging to those believed to be U.S. persons if they contain more than $50,000.
Therrien has also suggested the CRA proactively notify individuals that their financial records had been shared with the IRS. However, the CRA has been reluctant to agree to Therrien's suggestion.
NDP revenue critic Pierre-Luc Dusseault said the increase in the
number of files transferred was "surprising," and he questioned whether
financial institutions are only sharing records of accounts worth more
than $50,000.
"I don't see how there would be 150,000 more accounts reportable to the IRS in one year. It is something I will look into."
Dusseault said the CRA should notify every Canadian resident whose banking records are shared with the IRS.
Lynne Swanson, of the Alliance for the Defence of Canadian Sovereignty, which is challenging the information sharing agreement in Federal Court, said she has no idea why the number of banking records shared with the IRS doubled.
"It still seems low in comparison to the number of Canadians that are
affected by this," she said. "It is estimated that a million Canadians
are affected by this."
Swanson hopes that U.S. President Donald Trump, or Congress — which is now controlled by the Republican Party — will scrap FATCA. The Republican platform pledged to do away with the information collecting legislation.
"FATCA not only allows 'unreasonable search and seizures' but also threatens the ability of overseas Americans to lead normal lives," the platform reads. "We call for its repeal and for a change to residency-based taxation for U.S. citizens overseas."
Swanson's group is also hoping the Federal Court of Canada will intervene, although a date has not yet been set for a hearing.
"A foreign government is essentially telling the Canadian government how Canadian citizens and Canadian residents should be treated. It is a violation of the Charter of Rights and Freedoms."
Elizabeth Thompson can be reached at elizabeth.thompson@cbc.ca
That is double the number transferred in the deal's first year.
The Canada Revenue Agency transmitted 315,160 banking records to the IRS on Sept. 28, 2016 — a 104 per cent increase over the 154,667 records the agency sent in September 2015.
Lisa Damien, spokeswoman for the CRA, attributed the increase to the fact it was the second year for the Canada-U.S. information sharing deal that was sparked by the U.S. Foreign Account Tax Compliance Act (FATCA).
"The exchange in September 2015 was based on accounts identified by financial institutions at the time," she said. "The number of reported accounts was expected to increase in 2016, because the financial institutions have had more time to complete their due diligence and identify other reportable accounts."
Prior to coming to power, Prime Minister
Justin Trudeau opposed the agreement to share banking records of
Canadian residents with the IRS. He has since changed his position.
(Sean Kilpatrick/Canadian Press)
Dual citizens, long-term visitors affected
The deal requires financial institutions to share the banking records of those considered to be "U.S. persons" for tax purposes — regardless of whether they are U.S. citizens.
Among the people who can be considered by the IRS as "U.S. persons" are Canadians born in the U.S., dual citizens or even those who spend more than a certain number of days in the United States each year.
Former prime minister Stephen Harper's government argued that given the penalties the U.S. was threatening to impose, it had no choice but to negotiate the information sharing deal. The former government said it was able to exempt some types of accounts from the information transfer.
The Canada Revenue Agency transfers banking
records of people believed to be 'U.S. persons' to the IRS. (Sean
Kilpatrick/Canadian Press)
Prime Minister Justin Trudeau, Treasury Board President Scott Brison and Public Safety Minister Ralph Goodale have dropped calls to scrap the deal, which they had made before the Liberals came to power.
Watchdog wants proactive notification
Privacy Commissioner Daniel Therrien has raised concerns about the information sharing, questioning whether financial institutions are reporting more accounts than necessary. Under the agreement, financial institutions only have to report accounts belonging to those believed to be U.S. persons if they contain more than $50,000.
Therrien has also suggested the CRA proactively notify individuals that their financial records had been shared with the IRS. However, the CRA has been reluctant to agree to Therrien's suggestion.
Privacy Commissioner Daniel Therrien has
questioned whether the CRA is transmitting more banking records to the
IRS than is necessary. (Adrian Wyld/Canadian Press)
"I don't see how there would be 150,000 more accounts reportable to the IRS in one year. It is something I will look into."
Dusseault said the CRA should notify every Canadian resident whose banking records are shared with the IRS.
Lynne Swanson, of the Alliance for the Defence of Canadian Sovereignty, which is challenging the information sharing agreement in Federal Court, said she has no idea why the number of banking records shared with the IRS doubled.
NDP revenue critic Pierre-Luc Dusseault says
the CRA should notify every Canadian resident whose banking records are
shared with the IRS. (Adrian Wyld/Canadian Press)
Hopes for repeal
Swanson hopes that U.S. President Donald Trump, or Congress — which is now controlled by the Republican Party — will scrap FATCA. The Republican platform pledged to do away with the information collecting legislation.
"FATCA not only allows 'unreasonable search and seizures' but also threatens the ability of overseas Americans to lead normal lives," the platform reads. "We call for its repeal and for a change to residency-based taxation for U.S. citizens overseas."
Swanson's group is also hoping the Federal Court of Canada will intervene, although a date has not yet been set for a hearing.
"A foreign government is essentially telling the Canadian government how Canadian citizens and Canadian residents should be treated. It is a violation of the Charter of Rights and Freedoms."
Elizabeth Thompson can be reached at elizabeth.thompson@cbc.ca
Former staff to blow whistle to MPs about bank practices
Finance committee hearings start Monday into practices revealed by CBC's Go Public
By Elizabeth Thompson, CBC News Posted: Jun 01, 2017 5:00 AM ET
The practices of Canada's big banks will be in the
spotlight when the House of Commons finance committee kicks off hearings
Monday. (CBC)
The House of Commons finance committee will kick off hearings
into the practices of Canada's big banks on Monday with testimony from
former bank employees ready to blow the whistle on some of the things
they have witnessed.
In an interview with CBC News Wednesday, shortly after the committee drafted its witness list, Liberal MP and committee chairman Wayne Easter said he is hoping the former employees will shed light on the practices of the country's major financial institutions.
"I understand that they are retired and they're not fearful of expressing their point of view, and I think that will be helpful to the committee."
While Easter didn't provide names of those being invited to appear, he said some are retired and some have moved to other employers. Those who testify before the committee will have parliamentary immunity, he said.
The hearings come in the wake of a series of stories by CBC's Go Public in which bank employees described questionable practices by some of Canada's biggest banks. The employees have alleged things like pressure on employees to meet ever-increasing sales targets, signing clients up for services without informing them, and forging signatures and initials.
To date, thousands of bank employees have contacted CBC, describing stress-inducing pressure to increase sales.
Easter said the hearings are expected to stretch over three meetings of the finance committee. Government agencies that regulate the banks, as well as the Canadian Banking Association, are being asked to appear Wednesday afternoon, while representatives of Canada's big banks are to appear the following Monday.
Beyond shedding light on what is happening in the banks, Easter said the committee will also look at who should be regulating the practices being alleged, and whether it is a question of financial practices or labour issues.
"I'm still trying to determine who has the authority to deal with this problem. Is it the regulators? Is it the labour code? Is it the Bank Act? Just what can we do at the end of the day."
If the committee finds there are problems, Easter said it can recommend that the government act.
"Part of the responsibility of the committee, at the end of the day, is if there are serious concerns here, is to find the road map or to propose a road map [so] that there can be a resolve to the issue — if in fact there are bad practices taking place."
NDP MP Pierre-Luc Dusseault, who initially proposed the hearings, said the former bank employees who will testify are people who were on the front lines.
"When I talk about those who have worked in the banks, I'm not talking about former presidents of the banks, executives or managers. I'm talking about people who experienced those kinds of practices daily from their employer."
Elizabeth Thompson can be reached at elizabeth.thompson@cbc.ca
In an interview with CBC News Wednesday, shortly after the committee drafted its witness list, Liberal MP and committee chairman Wayne Easter said he is hoping the former employees will shed light on the practices of the country's major financial institutions.
"I understand that they are retired and they're not fearful of expressing their point of view, and I think that will be helpful to the committee."
While Easter didn't provide names of those being invited to appear, he said some are retired and some have moved to other employers. Those who testify before the committee will have parliamentary immunity, he said.
The hearings come in the wake of a series of stories by CBC's Go Public in which bank employees described questionable practices by some of Canada's biggest banks. The employees have alleged things like pressure on employees to meet ever-increasing sales targets, signing clients up for services without informing them, and forging signatures and initials.
Finance committee chairman Wayne Easter says
former bank employees who testify Monday will benefit from parliamentary
immunity. (Steve Bruce/CBC)
Easter said the hearings are expected to stretch over three meetings of the finance committee. Government agencies that regulate the banks, as well as the Canadian Banking Association, are being asked to appear Wednesday afternoon, while representatives of Canada's big banks are to appear the following Monday.
Beyond shedding light on what is happening in the banks, Easter said the committee will also look at who should be regulating the practices being alleged, and whether it is a question of financial practices or labour issues.
- TD teller says customers pay price for 'unrealistic' sales targets
- Employees at Canada's big banks speak out about pressure to dupe customers
- 'In the name of profit': Financial employees reveal how they forge documents
"I'm still trying to determine who has the authority to deal with this problem. Is it the regulators? Is it the labour code? Is it the Bank Act? Just what can we do at the end of the day."
If the committee finds there are problems, Easter said it can recommend that the government act.
"Part of the responsibility of the committee, at the end of the day, is if there are serious concerns here, is to find the road map or to propose a road map [so] that there can be a resolve to the issue — if in fact there are bad practices taking place."
Pierre-Luc Dusseault, NDP MP for Sherbrooke,
says the committee will be hearing from front line employees in big
banks. (Adrian Wyld/Canadian Press)
"When I talk about those who have worked in the banks, I'm not talking about former presidents of the banks, executives or managers. I'm talking about people who experienced those kinds of practices daily from their employer."
Elizabeth Thompson can be reached at elizabeth.thompson@cbc.ca
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