Highlights / RBC

Economy, Health

Canada’s major banks committed to take action during COVID-19 outbreak

Canada’s six major banks announced last night that they are taking action to help its customers throughout the COVID-19 outbreak. Starting now, the National Bank, Bank of Montreal(BMO), TD Bank, CIBC, RBC Royal Bank, and Scotiabank, are committed to working »

Economy, Society

McGill University offers free online financial literacy course ‘for everybody’

(NOTE: for more information on this course, contact McGill University directly) With the Christmas shopping season entering the final stretch, Canada’s leading university in partnership with the country’s largest bank and one of the most influential newspapers are offering a »

Uncategorized

Housing affordability at worst level in decades: bank

RBC (Royal Bank of Canada) reports that Canadian housing affordability is now at its worst level since 1990. Skyrocketing home prices in some of the largest cities provided the initial push, but rising interest rates have been the main driver »

Economy, Society

Young Canadians, not really planning for the future

The age group is called “the millenials”, the age group born in the decade or so before the turn of the new century.  As they are now adults aged roughly between 25-35, it seems many are not prepared for the »

Arts and Entertainment, Society

Contemporary work wins emerging artist competition

Patrick Cruz  of Guelph, Ontario has won a $25,000 purchase prize offered by the RBC banking company for his work called Time allergy. This is the 17th annual competition which seeks “to help young artists trying to move from emerging »

Economy, International

Canada’s largest bank, Royal Bank, to sell Jamaican operations

Canada’s largest bank, Royal Bank (RBC), announced on Wednesday (January 29) it has agreed to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively “RBC Jamaica”) to a rival lender, Sagicor Group Jamaica Limited. The sale is dependent »

Economy, Politics, Society

Angry backlash at outsourcing of jobs

Many thousands of Canadians have responded bitterly to a news story about Canadians losing their jobs to temporary foreign workers and the outsourcing of jobs offshore.  The public anger shows no signs of abating. Earlier this week employees at one »