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INSIGHTS

Ontario’s economic outlook brightens but immigration targets increase risks

Ontario’s economic outlook brightens but…

Recent changes to the federal immigration plan weren’t accounted for in the underlying economic assumptions, adding downside risk to the fiscal…

Immigration cuts will help narrow Canada’s housing gap but won’t solve crisis

Immigration cuts will help narrow Canada’s…

The drastic reduction in immigration targets announced by the federal government is one of the more consequential policy reversals in recent memory.

<b>Proof point:</b> Why Canada is seeing an uneven recovery among households

Economics

Proof point: Why Canada is seeing an uneven…

Households in aggregate are sitting on record levels of savings. But under the surface, there are clear signs the average Canadian consumer is…

U.S. GDP Update

U.S. GDP Update

The economy expanded an annualized 2.8% in Q2, almost double the 1.4% growth rate in Q1.

Forward Guidance: Our Weekly Preview

Forward Guidance: Our Weekly Preview

We think Friday’s Canadian employment report should tell a familiar story—that the labour market has continued to weaken in October amid slowing…

U.S. Labour Market

U.S. Labour Market

October’s payroll gain was heavily distorted by the impact of hurricanes, a large manufacturing sector strike, and an unusually low survey response…

Canadian GDP Update

Canadian GDP Update

GDP data in Canada continues to paint a soft picture of the economy, with output growth stagnating in August and downward revisions to June and July…

Indigenous

Unlocking Indigenous Potential To Power Canada’s Net Zero Economy

Allen Clarke, an Indigenous expert, explores three mutually beneficial ways Canada can unlock capital for Indigenous participation in major green projects.

Energy

Three Ways Canada Can Address The World’s Gas & Climate Crises

Each path carries economic and climate risks that Canadian policymakers and industry must weigh quickly—the window of opportunity won’t be open for long.

Energy

Canada Needs Green Subsidies More Than Ever

Canada’s transition strategy needs to go past electric vehicles and critical minerals.

AGRICULTURE

The Next Green Revolution Project

How Canada Can Produce More Food and Fewer Emissions

The world needs a new Green Revolution, and Canada can play a leading role—indeed, it can be our moonshot for 2030 and beyond.

RBC Climate Action Institute

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LATEST PODCAST

March 12, 2024

John Stackhouse and co-hosts Peter Tertzakian (Founder) & Jackie Forrest (Executive Director) of ARC Energy Research Institute’s to double the impact on first-ever joint episode — discussing key considerations for Canada’s energy transition.


February 27, 2024

Shattering Glass Ceilings in Canadian Cleantech

John Stackhouse and co-host Alison Nankivell are joined by three women on the frontlines of Canadian cleantech–Myra Arshad of ALT TEX, Natalie Ashdown of Evoco and Jacqueline Hutchings of Friendlier–to discuss how Canada can inspire women entrepreneurs.


February 13, 2024

Doubling Down: The Definitive Decade For Climate

If this is going to be Canada’s decade of climate action, it’s time to double our investment. Three cleantech leaders–Stephane Germain, President at GHGSat; Apoorv Sinha, CEO of Carbon Upcycling; and Louis Tremblay, CEO of FLO EV Charging–discuss.

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More Climate News at RBC

RBC Climate Report 2023

Summarizes progress to date in advancing how we manage climate-related risks and opportunities in line with RBC’s enterprise climate strategy, the RBC Climate Blueprint, and in implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

2023 ESG Progress Report

The 2023 Environmental, Social and Governance (ESG) Progress Report provides an overview of the bank’s ESG focus areas, key performance indicators and highlights from 2023.