In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. There are currently no caps on banker's pay in Canada. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.
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Province/Territory:
@B3YW9621mo1MO
No, bankers should not get bonuses. The banks are a scourge on society and should be abolished, and all the heads of all the banks should be thrown into prison for life.
@B2GCKSD3mos3MO
Caps should not be imposed on private sector bankers but on public sector bankers they should be imposed
@9DQSF442yrs2Y
Yes, and taxed. There should also because provincially owned banks
Yes, but allow 200% with shareholder approval
@8YWNWC33yrs3Y
Profits should be reviewed based on economy and what they provide to people. No gouging. If they gouge, remove banks ability to be in business.
@8VN22QD4yrs4Y
they shouldn’t get a bonus at all, they target financially struggling/ people who are undereducated about their options for investing or saving and offer unrealistic “opportunities” with high rates of interest and outrageous penalties disclosed in tricky wording/ or cloaked within the “fine print” not disclosed verbally before signing your life away. you really think these people deserve to be rewarded
@8VH22SV4yrs4Y
Banks should be non-profit.
@8TV36DY4yrs4Y
i actually do not care about this
@8SS2L7P4yrs4Y
No but tax bonuses at a high rate
They shouldn’t be given more than normal workers receive as a bonus
@8PJF3QF4yrs4Y
I do not care about this matter, nor am I educated on it. Therefore I have no stance.
@8NWJ2VS4yrs4Y
As long as their not in government cahoots
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