In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. There are currently no caps on banker's pay in Canada. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.
66% Yes |
34% No |
53% Yes |
25% No |
6% Yes, and lower the cap to 20% |
9% No, any worker should be rewarded based on their success |
4% Yes, and lower the cap to 50% |
|
3% Yes, and nationalise the banks |
See how support for each position on “Bonus Cap” has changed over time for 22.3k Canada voters.
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See how importance of “Bonus Cap” has changed over time for 22.3k Canada voters.
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Unique answers from Canada users whose views extended beyond the provided choices.
@9GPTJ2D9mos9MO
No, individuals who do not wish to contribute to private banking profits may choose to manage their finances through a co-operative institution of their choice.
@9RDCYWP4 days4D
The CEO should get as much of a bonus as negotiated, as long as their is a mandatory percentage equivalent bonus to all non executive workers.
@9LJGNWT 3mos3MO
No, but allow unlimited regional banks to form and get rid of CDIC and CMHC. Bank depositors must realize that banks borrow their deposits and often make risky investments. Get rid of all methods of protecting these "sacred cows." Their protection is one of the reasons that Canada is plagued with supply side management marketing boards and why MILLIONS of gallons of milk are dumped every year.
@9FLZ4Q810mos10MO
dont let them make money
@9FCZK2L10mos10MO
Yes, and nationalise the banks with the goal of abolishing banks
@9F7C49Q11mos11MO
Yes, but we should also nationalize the banks and the financial system.
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