IGate Corp.: Canada

Canada Dept: The Fremont, Calif.-based iGate Corp. among a half-dozen fast-growing firms that have built their business providing Fortune 1000 companies around the world with a lower-cost source of high-tech labour in places like India. Since 2008, the company revenues have quintupled, from $218 million to $1 billion last year. Profit more than tripled last year, to $95 million from $30 million in 2008, according to The Star. While outsourcing has long been blamed for the decline of Canada manufacturing sector, reports that the Royal Bank is outsourcing some of its IT work sparked renewed public outrage this week. The reports included allegations that temporary foreign workers were brought in to be trained by the Canadians they will ultimately replace. RBC had contracted iGate to provide the outsourced services and The outsourcing firm at the heart of the temporary foreign worker controversy at Canada largest bank is a $1-billion-a-year business with a blue-chip board of directors. But the company is also ensnared in a growing controversy over the use of temporary foreign workers in Canada. iGate says it complied with all applicable Canadian laws. iGATE brings a high level of integrity to its business practices, Jason Trussell, senior vice-president and regional head, Canada, said in an email to . We are in compliance with the local laws of each of the countries where we operate, including Canada. We will fully co-operate with requests from the government for information on this matter. (www.immigrantscanada.com). As reported in the news.