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RBC
Economic Headwinds Weigh on Bank Results as More Money Set Aside for Bad Loans
The effects of heightened inflation and central bank efforts to rein it in by slowing the economy are showing in the second-quarter results from Canada's big banks. Four out of ...
May 25, 2023
BY
The Canadian Press
Bank of Canada Expected to Hold Interest Rates Unchanged on Wednesday
Economists from Canada's major banks predict that the Bank of Canada will hold its key interest rate steady at ...
April 10, 2023
BY
Matthew Horwood
Commercial Real Estate Faces Perfect Storm: The Demise of Downtown Office Buildings
Commentary In the mid-1970s I was a struggling business and economics student. I paid for my tuition and ...
March 25, 2023
BY
Tom Czitron
Ontario and British Columbia Headed for a Buyer’s Market, RBC Says
High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British ...
December 16, 2022
BY
The Canadian Press
Doubts About ESG Climb Amid Mounting Challenges to Companies’ Green Claims
As companies work to go green, they are increasingly being called out by dissatisfied environmental groups and thus ...
October 19, 2022
BY
Rahul Vaidyanath
RBC Economists Say Recession Could Happen Sooner Than Expected
The Royal Bank of Canada (RBC) has changed its forecast, predicting an upcoming recession will arrive sooner than ...
October 14, 2022
BY
David Wagner
Canada’s Housing Market on Verge of a Major Correction, RBC Predicts
Canadians can soon expect the largest housing market correction in over 40 years, the Royal Bank of Canada ...
July 26, 2022
BY
Peter Wilson
‘On the Pessimistic Side’: RBC’s Recession Projection Prompts Debate
The Royal Bank of Canada is predicting a short recession in the Canadian economy in 2023, a prediction ...
July 9, 2022
BY
Lee Harding
H&M Profit Jumps as Shoppers Hit Stores After Pandemic
STOCKHOLM—H&M, the world's second-biggest fashion retailer, reported a forecast-beating 33 percent increase in March-May profit on Wednesday as ...
June 30, 2022
BY
Reuters
Sponsors Drops WE Charity Sponsorship and Donations Amid Political Scandal
TORONTO—Several companies—including a major sponsor—that have provided cash, flights and gym memberships to WE Charity are dropping or ...
July 28, 2020
BY
The Canadian Press
Raise Canada’s Competitiveness by Getting Tax Policy, Regulation Right: RBC CEO
And the Canadian economy is back in an international competition to attract investment dollars and talent
July 1, 2020
BY
Rahul Vaidyanath
Royal Bank Anointed ‘Too Big to Fail’
TORONTO—The Royal Bank of Canada is the first Canadian lender to be added to the Financial Stability Board’s ...
November 21, 2017
BY
The Canadian Press
Still More Upside for US Stocks in 2017, Say Analysts
Even with the S&P 500 up 6 percent in less than two months since the election, there are ...
January 4, 2017
BY
Rahul Vaidyanath
RBC ‘Closely Monitoring’ Vancouver, Toronto Housing Markets
TORONTO—Royal Bank CEO David McKay says the lender is "closely monitoring" the real estate markets in Vancouver and ...
August 24, 2016
BY
The Canadian Press
Uber Banking: Fintech Aims to Revolutionize Financial Services in Canada
Fintech, applying cutting-edge technology to revolutionize financial services, is hot.
November 25, 2015
BY
Rahul Vaidyanath
Canada’s Housing Market Will Slow ‘Modestly’ in 2016, Says RBC
Activity in Canada’s real estate market will slow “modestly” next year as interest rates begin to rise
August 19, 2015
BY
The Canadian Press
RBC Reports Strong First-Quarter Despite Oilpatch Concerns
TORONTO—Royal Bank increased its first-quarter profit as its Canadian banking and trading operations showed growth and it managed ...
February 25, 2015
BY
The Canadian Press
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
1hr
By
Kimberly Hayek
Here’s Who Won Key House Primaries in Arizona
2hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
4hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
5hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
6hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
6hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
6hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
7hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
8hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
8hr
By
Jackson Richman
and
Nathan Worcester