StudentsNS to Close RBC Accounts Following Misuse of Temporary Foreign Workers Program
April 25, 2013Halifax– StudentsNS, which represents 37,471 Nova Scotia students, announced today that it is moving its accounts from the Royal Bank of Canada (RBC) to Credit Union Atlantic (CUA), following recent revelations that an RBC contractor misused the Temporary Foreign Workers (TFW) program to outsource IT operations and replace 45 Canadian employees. At least one replacement foreign employee was brought into Canada with a TFW visa, on the pretense that no one in Canada had the required skills.
“Students are investing more in their education than ever before often because they want to work for companies like RBC, so it’s upsetting to hear a company claim they cannot find Canadians with the skills to fill these jobs,” said Jonathan Williams, StudentsNS Executive Director. “We had been thinking about a change, but with these revelations decided to act right away.” More