Bigger’s not better

The first indications were the odd-coloured new signs. All of a sudden, the regular logo where we normally make our deposits, pay our bills and withdraw our cash, began disappearing in literature, pamphlets and, as I say, on the signage inside and outside the building. Then, we received email notification.

“We’re making changes so that you can experience the good in banking,” the email said. “We’re transitioning banking systems.”

As of the July 1 holiday weekend, the Credit Union, at which we have conducted the majority of our financial dealings since we arrived here in 1988, is no more. (more…)

Merge at our peril

John Cleghorn, in 1989 Chair of Royal Bank of Canada. torontopubliclibrary.ca

The meeting happened on a November afternoon in 1998. A big merger was in the wind. Rumour of “Yea” or “Nay” ran rampant across the country. One man in the room at a Montreal home argued his industry needed to grow bigger in order to compete globally. The other feared that sector’s customers, Canadian consumers, might not be well served. The industry man got riled.

“You’re not listening to me!” complained John Cleghorn, chairman of the Royal Bank of Canada.

Paul Martin, in 1989 Finance Minister. National Post.

“Mergers … are not in the best interest of Canadians,” said Paul Martin, the MP and cabinet member.

This exchange, described by the Canadian Encyclopedia, recreated the meeting between banker Cleghorn and then finance minister Martin at the latter’s Montreal home. (more…)

In search of a new Governor General

John Ralston Saul offered much insight to the role of a Governor General.

As we filed down the loading ramp toward the flight, there was one face in the group of passengers around me that looked familiar. Was he a TV host? Maybe a sports personality? Possibly a politician? As passengers began stowing their bags overhead, I realized he wasn’t any of those guesses I’d made on the ramp. Then, it hit me as I sat down beside him.

“You’re John Ralston Saul, aren’t you?” I said.

He nodded, smiled and said, “Or, as some call me, Mr. Adrienne Clarkson.” (more…)

Citizen Jack

Jack Layton (left) in a media scrum during the 2006 federal election.
Jack Layton (left) in a media scrum during the 2006 federal election. Toronto Observer photo.

Jack Layton gave me and my teaching colleagues a gift we shall always cherish. It was a political gift, yes. It actually took place in front of news cameras – during the 2006 federal election – so it was also a public gift. It was a gift that probably wasn’t appreciated by the mainstream media reporters present that day. That’s because, for a few moments, he ignored the big-name reporters from CTV, CBC and Global Television in Toronto in favour of the lesser known, less experienced and less jaded reporters – some of our first-year journalism students.

“I’ll take questions first from the Centennial College journalists,” Jack Layton said during the press conference that day.

(more…)