Category Archives: Business

CIBC staff losing jobs to penguins, forced to train replacements


CIBC is eliminating up to 130 jobs in its Toronto customer service department and outsourcing the work to Antarctica. As part of the transition, staff losing their positions must train the penguins who will be taking over the jobs. “It’s very, well, depressing,” said one employee about having to pass on his work knowledge so

KPMG to buy CRA under privatization deal


KPMG, the accounting company implicated in an offshore tax evasion scandal, is set to purchase the Canada Revenue Agency, under a privatization deal announced today by the federal government. Privatization of the CRA, which has recently come under fire for secretly offering the tax evaders involved in the KPMG scandal an amnesty, will save Canadian

Starbuck’s Coffee Cup Kerfuffle