Is The Bank of Canada Justified To PAY MILLIONS in Bonuses?

12 Aug 2023 · 1 min

Watch on YouTube

0:39

A short YouTube monologue (by Jayson Lowe) arguing that while one cannot control large external financial forces—cited example: the Bank of Canada handing out $72 million in employee bonuses over the past three years—individuals can control their own banking process to create a financial tailwind. The speaker cites Nelson as an influence and previews illustrating a controllable banking process.

Questions this video answers

$72 million

Over the last three years

Chapters

Sometimes I've been caught worrying about and thinking about things that I cannot control. What I cannot control is the $72 million worth of bonuses that the bank of Canada has handed out to their employees over the last three years. I can't control that. I can't control interest rates or inflation or the economy or any of those things. But I do know that what continues to thrive and never goes away during all of these good times, bad times, and anything in between is the banking process. Right? What I can do is I can control the environment through which I do my banking. And that's what Nelson talks about. I can create a financial tailwind just by implementing this process. And that's what we're going to attempt to illustrate.