Trust and conflicts of interest at Banks

The Financial Consumer Agency of Canada said consumers are being ripped off, when it issued its report on bank sales practices in March.  The  report got far too little attention.  In technocratic language it confirmed that virtually all of Canada’s banks pursue their own interests – not the interests of ordinary people. The primary finding […]

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Director Training Trap

Central 1 is now canvasing credit unions on what the ‘mandatory’ director training program should look like.  The survey is well thought out and to be welcomed, but the implications and the potential conflicts of interests need to be considered.  The current one year Credit Union Director Achievement (CUDA) program will be expanded into a […]

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