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RBC Financial says it doesn’t plan to outsource Canadian jobs to foreign workers just to save money.
The company’s new supplier code of conduct states that its suppliers will not hire foreign workers from outside of Canada, when performing services on behalf of RBC, where a worker eligible to work in Canada is available and able to perform the service.
The B.C. Federation of Labour and the United Steelworkers both welcomed the announcement.
Last month, a group of construction union pension plans threatened to pull investments and funds from RBC Investor Services if its parent company, RBC, didn’t change plans to outsource some jobs by using temporary foreign workers.
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