How we can climb out of the pandemic hole
Two manufacturing groups offer recommendations for action.
RBC drops We Charity sponsorship and donations amid political scandal
RBC backing away from the charity comes after Virgin Atlantic Airways has already suspended its sponsorship of the embattled organization
RBC signs long-term renewable energy Power Purchase Agreement
RBC becomes first Canadian bank to sign Power Purchase Agreement
Canada’s five big banks join anti-hate advertising boycott of Facebook [UPDATED]
Scotiabank, RBC, CIBC, BMO and TD have pledged to stop purchasing ads on the site for the month.
Canada’s economic recovery needs a small business rebound
RBC releases a five-point plan to help small business pivot to a post-pandemic economy.
COVID-19 crisis has transformed higher education: RBC
More than 2 million college and university students moved to on-line learning since March.
BDO launches manufacturing roadshow with Industry 4.0 focus in Toronto
The morning event detailed how manufacturers can leverage technology to beef up their operations.
Manufacturing Roadshow 2020: Don’t get left behind
Company owners and senior executives will learn how Industry 4.0 and digital transformation will help them to stay competitive.
Climate change, aging population major economic factors in 2020s
RBC report forecasts Canada will accelerate its transformation from natural resources to a services economy.
Human skills best way for workers to adjust to rise of the machines: study
Seeks national review of post-secondary programs to ensure more focus on foundational skills.
Some of Canada’s big banks back away from marijuana industry
Scotiabank, RBC say their decision to cancel existing relationships with marijuana-related business are the result of risk management procedures.
Canadian manufacturers’ outlook dims in June: RBC survey
Coincides with the suspension of oil sands production because of Alberta wildfires.
RBC PMI Index points to sustained manufacturing recovery
But purchasing managers reported growth of new orders slowed in May.
RBC cites low oil prices in lowering GDP forecast to 1.7%
Growth rooted by solid consumer spending, stronger exports and stimulus from the federal government.
Stronger economic growth in 2016: RBC
Canadian forecast is 2.2% GDP with surging exports and less investment cuts in energy sector
RBC Purchasing Managers’ Index continues decline
Weaker global conditions and ongoing spending cuts in the energy sector to blame.
RBC sees positive signs for economy
…despite ongoing weakness in Canada’s energy sector.
RBC’s July index shows manufacturing growth
Ontario shows the strongest improvement of four regions.
RBC’s June manufacturing index hits 2015 high
Alberta-BC region still weak, but Ontario benefits from rising exports.
Grim economic data rushes downgraded expectations
Weaker energy investment, drop in oil prices cuts OECD GDP forecast to 1.5%.
Manufacturing ‘bleak’, but Ont. a bright spot: RBC
Supply Chain Management Association cites a low Canadian dollar.
RBC purchasing managers’ index contracts
February manufacturing reading the lowest in four years.
RBC braces for possibly prolonged low oil prices
Will be retesting energy-related loans at $45 a barrel.
RBC manufacturing PMI hits three-month low
Manufacturing conditions continued to improve, but at a slower pace as output and new orders rise at weaker rates.
Cheaper crude oil might actually benefit economy, RBC study says
Report warns struggling oil prices could stymie business investment in the important oil and gas sector.
Mirus gets $1M EDC guarantee for Chinese factory acquisition
Facility will help company be more competitive in Asian market, it said.
Broader export demand to drive Canadian economy: RBC
Ontario tops provincial GDP growth ranking.
Increased external demand will drive GDP growth: RBC
Improvements should motivate Canada’s businesses to increase their pace of investment and hiring, the bank says.
Manufacturing sector rebounds in June to highest level this year: RBC report
Numbers are in line with an improvement in economic growth to about a 2% pace during Q2.
Economic growth hinges on exports: RBC
Forecast based on US growth and growing demand for imports in the EU.
Warm weather fails to heat up cold manufacturing sector: RBC report
Manufacturing purchasing manager’s index slides to 52.2 in May, down from 52.9 in April.
EDC leads $775M financing for Vale’s global expansion
Deal with Brazilian mining giant also involves RBC, CIBC, Scotiabank.