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Company: Royal Bank of Canada

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close up view of new 100 Canadian dollar banknotes

When fear spikes, Canadians still turn to physical cash, RBC says

Higher rates should cool inflation, but low-income households face pain

oil pump

RBC says government may have to accept short-term rise in oil production

Low angle view of Skyscrapers in downtown Toronto during the day

Big Six profits should get a lift from the BoC's inflation fight

Corporate Business Team clapping success at Boardroom meeting

Shifts in demand favour higher-paid, more-productive jobs

Modern office building close up in sunlight

Dave McKay responded to criticism about the bank's climate strategy

RBC logo Royal Bank of Canada sign

Acquisition will help grow, diversify the bank's wealth management franchise

Low angle view of Skyscrapers in downtown Toronto during the day

Rising rates, margins seen supporting profits as credit conditions normalize

announcement

Deputy chief economist Dawn Desjardins announced her retirement from RBC, while other industry veterans emerged in new roles

  • By: Katie Keir
  • March 18, 2022 March 18, 2022
  • 12:59

Both household assets and debts are well above pre-pandemic levels, RBC reports