Canada Post - Huge losses

That's what I suggested, but he's pretty sure its a mistake.

Years ago(1993?) I had a co worker who had almost $280k auto deposited on payday...
Back then an average payday was about $1700 take home.
Funny thing was he didn't realize until a few days after when admin/HR called him in to "confront" him... lol.
They wanted that money back soooo bad and quick they gave him whatever time off he needed and then some to sort it out.

He returned the excess money and thought it was all over and dealt with until...
Two or three months later it happened AGAIN to the tune of about $79k.

This time he went up front to raise heck...
'Made them wait a couple of weeks this time to get the excess back...

Never figured out how or why such a huge error had occurred...
Wasn't that their Pheonix payroll screw up? A friend had the same thing happen to them, overpaid and had to give back money they had spent.

Sadly we can't blame Justin for this one but he'd like the numbers.

 
I dunno..$28.84/hr isn't far off that after tax deductions. That's 60,000yr, above average.
Im speaking in terms of the guys specific occupation. Not the average working wage.
Regardless... I recall the guy saying his bank manager said there would have been nothing to stop him from closing and cashing out his account.
As far as they were concerned the money was his....
$280k in 1993... That was a lot of cake.
My house was only $204k all in in 1995!
 
His bank manager was wrong . He would be liable for the money and have to repay , if he was really a wank about it he would incur penalties and court costs .


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His bank manager was wrong . He would be liable for the money and have to repay , if he was really a wank about it he would incur penalties and court costs .


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Well of course he would have to give the money back, but... That's an issue between him and payroll. Had he walked into the bank and closed his account the bank would have handed him "his" money.
Sure, having "ought to have known" the deposit was an error he'd be committing fraud of a certain colour, but... as far as the bank was concerned....The ontario govt deposited money into your account.
$5 or $280000.... no diff, no care.
 
Not at all surprising. What is slightly surprising is they are still solvent. JT's bs "loan" should have run out. Where are operating funds coming from now?

As I understood it.. it was to be given as needed to cover certain costs only.. I think there was also some restructuring of other debit at the same time. CP paid back 500mil bond in July with the "loan".
 
Well these folks have posted a record loss in the last quarter . And the union is holding strong on demands. ( Its not them, its the managment )
Oy Vey
And the brain dead public does nothing because someone else will figure it out. The union and government executives continue to draw salaries while they, the someone elses, try to figure it out.
 
And the brain dead public does nothing because someone else will figure it out. The union and government executives continue to draw salaries while they, the someone elses, try to figure it out.
That would be a fun change to canadian labour law. Anyone that has input into whether a strike/lockout occurs and everybody above them gets no income until the workers go back to work. Apply that to company and union. Make back pay for the period illegal unless the workers get it too.
 
That would be a fun change to canadian labour law. Anyone that has input into whether a strike/lockout occurs and everybody above them gets no income until the workers go back to work. Apply that to company and union. Make back pay for the period illegal unless the workers get it too.
I’d like to see labor laws that make it as easy to decertify a union as it is to form one - put both parties on a level playing field.
 
I rember my wife working at Oakville Trafalgar hospital when they finally voted in the Union for RN's . They had held out for yrs , union shops got X, Oakville got X . Then some new age nurses came in and many new Canadians are all they saw was union good! stand up to management!, 51% gets them in , getting them out takes something like 80 or 85%. Most hate the union , a decade later, that happily takes the dues, and gives you a key chain every so often.
Sometimes a union needs to die.
 
I rember my wife working at Oakville Trafalgar hospital when they finally voted in the Union for RN's . They had held out for yrs , union shops got X, Oakville got X . Then some new age nurses came in and many new Canadians are all they saw was union good! stand up to management!, 51% gets them in , getting them out takes something like 80 or 85%. Most hate the union , a decade later, that happily takes the dues, and gives you a key chain every so often.
Sometimes a union needs to die.
Daughter did time in several hospitals, union and non union. He biggest gripe was the union hospitals harboured lazy nurses, where the non union hospitals, nurses would build a box around lazy and incompetent colleagues that didn’t pull their weight.

She’s in a non union hospital - loves it.
 
I rember my wife working at Oakville Trafalgar hospital when they finally voted in the Union for RN's . They had held out for yrs , union shops got X, Oakville got X . Then some new age nurses came in and many new Canadians are all they saw was union good! stand up to management!, 51% gets them in , getting them out takes something like 80 or 85%. Most hate the union , a decade later, that happily takes the dues, and gives you a key chain every so often.
Sometimes a union needs to die.
You don't need 51% to unionize an electrical contractor.
 
Friends from school , two brothers took over a second generation electrical contractor company , pole trucks , heavy equipment and did bigger projects with twelve employees. Employees got on the “ we are joining the union “ bandwagon. Brothers said we will shut the business down . They could do something else . Union in . Company closed that week.


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A client of mine was non-union and 80% of their work was condo service. He had about 12 guys, busy all the time. A couple of wanabees pushed for unionization and got it although it was nowhere near 51% due to some judgmental clause.

Condos don't pay union rates, so he lost 80% of his clients and dropped to two employees. Being union, the laid off workers went to the hall to see where they'd be working next.

A guy I boated with had a metal fabricating business and looked forward to going in each morning chatting with the employees and going about business. Then he got busy and had to take on a bunch of new workers and they unionized the place.

There was no joy in it anymore, especially when one new hire told him, "I want what you've got and I'm not waiting until I'm as old as you are to get it."

He sold the business to an American company and bought a bigger boat. The American company moved manufacturing to the states.
 
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