“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Dollarama employees denounce their "poverty wages"

Workers at the retailer Dollarama, supported among others by union leaders, held a demonstration Thursday afternoon in northwestern Montreal to protest against their wages and working conditions. 

"We are just surviving, we are not living a happy life," summed up a Dollarama employee who was granted anonymity by The Canadian Press because he feared he would be fired if he spoke publicly.

The employee, a newcomer who operates a forklift in the Montreal warehouse, "humbly" asks that his salary be increased in order to "adequately feed" his family.

It’s “very hard” work, he said, adding that he felt “close to being exploited”.

He took part in the demonstration because, like his colleagues, he accuses the management of the Montreal retail giant for having abolished on August 2 the risk premiums of 10% paid since last March to those who work in the stores, as well as the $ 3 increase in the hourly wage of warehouse workers.

These bonuses were granted because of the risks associated with the new coronavirus.



“The fact that the multi-billionaire Dollarama family does not want to raise wages while workers risk their lives is incredible, unacceptable and immoral,” said NoĆ«lle Didierjean, the co-organizer of the protest and community organizer at the Center. immigrant workers.

According to her, the workers in the company receive a "pittance" which should be higher year round anyway.

"Can you sleep at night?" ", Would like to ask Mrs. Didierjean to Neil Rossy, the big boss, if he agreed to accompany one of his workers for a day who gets up at 4 am to go to a job" already difficult at the base ”in which he“ risks ”his own health and safety every day, as well as that of his family.

An employee who works this schedule believes Mr. Rossy "wouldn't even manage" to complete a day in his shoes. He himself is considering resigning because the work is so arduous, like many other colleagues, he assures us.

Disgruntled workers believe the risks they take every day at work have not changed, and neither should the pay.

Organizers say Dollarama is failing to comply with several sanitary measures, in dedicated break rooms, for example, where workers crowd to the point where it would literally be impossible to comply with distancing measures.

Workers were reportedly sacked after criticizing the company for failing to comply with distancing measures. 



In the quarter that ended on May 3, Dollarama made a profit of nearly $ 86.1 million. Compared to the same quarter in 2019, the average transaction size increased by 22.6%, but the number of transactions decreased by 17.9% as consumers went out less often, but spent more during their visits.

Dollarama declined a request for an interview from The Canadian Press in response to the protest, also failing to say whether its president and CEO would agree to experience the work of an employee.

However, the company forwarded an email in which it says it is following Public Health recommendations and says the allegations about the working conditions were found to be “unfounded and entirely false” after an investigation.

According to the retailer, the salaries it offers are "very competitive" and its retention rate is stable.

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