Profit

Letters to the editor: “Why does a company with a quarterly profit of $4.4 billion have to fire someone?” 11,000 people laid off by Facebook owner Meta, including Canadians, plus more letters to the editor for November 14

Morning traffic passes the Meta sign outside the headquarters of Facebook’s parent company, Meta Platforms Inc, in Mountain View, California on November 9.PETER DASILVA/Reuters

Keep or throw away?

What is the problem with health care in Canada? Bloated bureaucracies, for starters (Nov. 10): We increasingly live in a federation of increasingly independent provinces, separated by ever-widening economic and administrative barriers. There is no doubt that federal proposals such as national licensing and standards and increased immigration of skilled professionals are worth considering.

No one likes too much bureaucracy, but too little is just as bad. If the provinces collectively cannot do the job, then who?

William Love Burlington, Ont.


Where to start ? (Letters, Nov. 11): Letter writer criticizes “an army of directors, managers and supervisors” in our hospitals. “None of them touch a patient.”

For the past several years, I have been the volunteer chair of the Community Liaison Advisory Committee at Women’s College Hospital in Toronto. This is a dedicated group that meets monthly to review numerous initiatives in areas such as patient care, safety and security, inclusivity, communications and more. In most cases, these improvement initiatives come from the very directors, managers and supervisors whose commitment and expertise are exceptional.

Additionally, hospitals are familiar with cost-cutting measures to avoid duplication and inefficiency. I wouldn’t throw the baby out with the bathwater.

William McMaster Toronto

big and small

Re Meta Layoffs Hit Canadian Staff As Tech Slump Weighs On Company (Report on Business, November 10): Why does a company with a quarterly profit of US$4.4 billion have to lay someone off?

Michael Arkin Toronto

Restart

Restoring Hockey Canada’s brand depends on establishing the right kinds of partnerships (Activity Report, November 9): I disagree. Entirely.

Hockey Canada should take the opportunity presented by this crisis to get back to square one. Redefine the role of the organization by answering this question: if it didn’t exist, what would happen?

Where and how can Hockey Canada add the greatest value for the benefit of the sport, players (primarily children), communities and society? How can it be structured to be staffed and governed with excellence and transparency? What principles should guide it?

To take Hockey Canada as it operates today and make largely linear or iterative changes would be a terrible waste of a crisis. Yes, branding and partnerships need to be addressed. But we should start by asking why the organization exists in the first place.

The answers might surprise us.

Himal Mathieu Toronto

In the sink

Re Canada must invest more in university research to compete globally (Nov 7): Falling behind in publicly funded research – to the point where we are now 28th in the Organization of economic cooperation and development for higher education – we are in fact risking the brain drain that has so much characterized our recent history. We give up the potential we have to attract international students, expertise and investment.

An innovative, environmentally sensitive and agile political economy requires nothing less than sustained public support for academic research.

Terrence Downey Calgary

wild thing

Banks See Opportunity in Carbon Offsets Market as Net Zero Pledges Piling Up (Report on Business, November 7): I get nervous every time I see bank officials refer to a new product whose market has the potential to “grow very, very quickly”. “In this case, the “commodity” is carbon and carbon offsets.

They could be both an asset or a liability on the company’s balance sheet. Who is responsible if these 1,000 hectares of boreal forest offsets go up in smoke? This highlights the conundrum associated with the permanence and additionality of offset. (Would the forest have been protected without the compensation transaction?)

This explains why Peggy Foran of Prudential Financial recently called carbon markets and offsets the “wild, wild west”. If Mark Carney’s musings on the clearing market surpassing $100 billion by 2030 are within the realm of possibility, then we’ll need more than just “faith” in different verification standards. existing. Trust and transparency will be essential.

In the meantime, caveat emptor.

Chris Gates Quinte West, Ont.

The means

On two big issues we’d all rather ignore (editorial, November 10): I’m 63 and a retired director with a good pension and no debt.

I deferred my Canada Pension Plan until age 65, when I will also be eligible to receive Old Age Security. I don’t need the OAS and I don’t want it.

After my father’s untimely death, my mother raised three boys on a reduced survivor’s pension, her own modest CPP and then OAS at age 65. Due to her meager income, she also qualified for the Guaranteed Income Supplement, which she appreciated and badly needed. She lived modestly but comfortably and, more importantly, financially carefree until her death at age 95.

It illustrates perfectly why these programs are necessary, illustrating that a means-tested supplement (like the GIS) is quite feasible. So also redefine OAS as a means-tested benefit and let the funds go to those who really need them.

John Brady Toronto

Under oath

Re The Empty Fight Over A Simple Oath (Editorial, November 7): You are of the opinion that the oath taken by Quebec deputies is not in fact an oath of loyalty to the monarch, but to our laws and our form of government. If that’s what they actually promise, then that’s what they should say and the references to the monarchy should be removed.

Maintaining Canada as a constitutional monarchy should not be based solely on the fact that it is too difficult to get by.

Brahm Rosen Thornhill, Ont.


If the oath really relates to our constitutional monarchy, then there should be a simple solution to the heckling.

Change the oath so that the allegiance is to the “Crown” institution and not to the person holding the position. Such an oath would remain unaffected in the event of death or abdication, thus eliminating any potential criticism.

Richard Battiste Burlington, Ont.

Competitive prices?

Re Rogers, Shaw And The Rules Of Competition (editorial, November 11): Last November, thinking the pandemic was over, I visited my daughter in New York.

Upon logging into my data plan (which has the friendly nickname “roaming like home”), I was alerted that the cost was $8 a day. I’m new to New York and the same plan is now $12 a day.

Inflation may have reached 8%, but it is not 50%. As an embarrassed Canadian, I turned off my data and relied on the goodwill of locals for directions.

Come on, Competition Bureau, come on!

Jim Pipe Vancouver


Letters to the editor must be exclusive to The Globe and Mail. Include your name, address and daytime phone number. Try to limit letters to less than 150 words. Letters may be edited for length and clarity. To send a letter by e-mail, click here: [email protected]