Canadian Banks: Canada's Moment to Shine [View article]
If you don't feel like having a commodities futures ETF in your portfolio and so some sound financial exposure, i agree EWC is a great way to go. You get commodities heavyweights like Potash Corp., Encana and Canadian Natural Resources in the top 10 holdings, banks like Royal, B of NS and TD as well as some nice tech plays like RIMM in the top 10 holdings.
Why put a cap on pay? Why not set up a system of incentives instead? The better these guys do turning around their brokedown companies, the more they earn. If they continue to screw up, I don't see why they deserve even 500k.
Bottom line: why not institute a performance-based system instead of capping pay at some arbitrary number?
Canadian Banks: Canada's Moment to Shine [View article]
Why Capping Pay Is Likely to Work [View article]
Bottom line: why not institute a performance-based system instead of capping pay at some arbitrary number?