Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

Outside the Royal Bank of Canada office tower in Toronto’s Financial District.

Fred Lum/The Globe and Mail

Don't like RBC fees? Try a credit union

Re No stone left unturned as RBC hikes fees (April 30): I have an answer for all those people who are feeling ripped off by Royal Bank of Canada fees: credit unions.

Credit unions are owned by their members. They don't charge unnecessary fees and their profits go back to their community instead of rich fat cats.

Story continues below advertisement

- Jane McCall, Delta, B.C.

------------------------------------------------------

Something smells fishy – and Russian

Re An untimely death in Mongolia as miner seeks to recoup funds (April 25): Your report on the death of Jim Doak in Mongolia notes a telling fact.

After Mongolia expropriated his Khan Resources uranium project (illegally, as an international arbitration tribunal determined), Mr. Doak began enforcement proceedings to collect his damages. He travelled to Ulan Bator for discussions with the government on paying them. He died in his hotel room immediately after those efforts proved fruitless. But the Mongolian government had already "cashed out" by selling the project to a state-owned Russian company. Mongolia may have no history of eliminating its opponents, but the same can't be said about Vladimir Putin's Russia. Was this a planned scam in which Russia got the mine, Mongolia got paid and Mr. Doak was left to chase his money?

I once made a claim for a client in a bid to recover damages from an investment in a South Asian country. I was invited there for settlement "discussions." My contacts at Foreign Affairs and the Canadian High Commission in that country shared the concern that I could easily be eliminated in an attack blamed on terrorists. I proposed meeting in neutral London – no response.

- Michael Robinson, Toronto

Story continues below advertisement

------------------------------------------------------

How to clamp down on executive pay?

Re Time to stand up to executive pay (ROB letters – April 25): It's high time, but how? The total incomes being revealed in the annual reports are obscene. Board members are now being remunerated at a rate totally out of proportion, as well. Worse yet, in order to "align" board members' interests with those of the company, significant amounts of stock options are now added to each board members' accounts annually as a matter of course. Combined with stock options negotiated for the top layer of the company, and additional options awarded and belonging to board members, the "little shareholder" might as well not bother voting.

I'm looking to our securities watchdog and government to find sensible ways to align the interests of the shareholders with what's being doled out to executives and board members.

- Kirsten Connor, Charlottetown

------------------------------------------------------

Story continues below advertisement

Montreal puts the 'Hab' in habitat

Re Sports-themed condos score with Canadian fans (April 27): The Montreal real estate project built to woo Canadiens fans is nothing new. After all, this is the city that built "Hab"-itat for Expo 67. Greg Hoggarth, Mississauga

------------------------------------------------------

Letters to the editor should be exclusive to The Globe and Mail. Letters may be edited for length and clarity. Submit letters 
.

Report an error
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies