Category Archives: Royal Bank of Canada

Mortgage-Free Eventually: RBC Poll Finds Majority of Canadians Hope to Pay Off Their Homes by Retirement

Nearly three-quarters (72 per cent) of Canadians with a mortgage hope to bemortgage-free by the time they reach age 65, but one-third (33 per cent) of older Canadians, those over the age of 55, have 16 or more years left on … Continue reading

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RBC Donates $2.6 Million to 99 After-School Programs Across Canada

The RBC After-School Grants Project announced on November 17, 2011 that 99 community-based organizations across Canada will share $2.6 million in funding to provide after-school programs, including 15 new grant recipients. RBC has been supporting after-school programs since 1999, helping … Continue reading

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RBC Dominion Securities to Receive Transfer of MF Global Canada Inc. Client Accounts

On November 14, 2011 RBC Dominion Securities announced it had agreed to the transfer of client accounts from MF Global Canada Inc., whose parent company, MF Global Holdings Ltd. filed for Chapter 11 bankruptcy on October 31, 2011. On November … Continue reading

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Canadians are in a Gift-Giving Mood for the Season According to RBC Survey

TORONTO, November 22, 2011— With the holiday season just 32 shopping days away, there may be a few more presents under the tree this year. According to an RBC survey, Canadian gift-givers are planning to spend an average of $640 on gifts - up from $624 … Continue reading

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High Net Worth Canadians Concerned with Death, Taxes and Retirement According to RBC Wealth Management Survey

TORONTO, October 17, 2011 — The transfer of wealth at death, minimization of taxes, and financial needs during retirement were identified as the top three concerns of high net worth clients in a survey by RBC Wealth Management. The survey was … Continue reading

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Secrets to Small Business Success as Revealed by Entrepreneurs in RBC Poll

TORONTO, October 13, 2011 — Canadian entrepreneurs say the most important pieces of advice that they would give to other entrepreneurs to help them grow their businesses are: 1) develop an effective business plan (44 per cent); 2) manage your time … Continue reading

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Call for Applications for the RBC After-School Grants Project

Deadline to apply is March 4, 2011 TORONTO, January 24, 2011— RBC today announced its call for grant applications for the 2011-2012 school year as the RBC After-School Grants Project is offering more than $2 million in grants to fund … Continue reading

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The young and the RRSP-less – Fewer young Canadians saving for retirement: RBC Poll

 TORONTO, January 19, 2011 — The number of Canadians aged 18 to 34 who have RRSPs has dropped to 39 per cent – the lowest level in almost a decade – and fully 45 per cent have not started saving … Continue reading

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TransUnion To Pay $5,000 For Privacy Breach

A federal court judge has set a precedent by ordering TransUnion of Canada Inc. to pay $5,000 in damages to a Calgary man who was turned down by a bank after another man’s credit history was wrongly forwarded.  Federal Court … Continue reading

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Canadian Small Businesses Resilient through Recession: RBC Economics

TORONTO, January 5, 2011 — Canadian small- and medium-sized businesses (SMEs) better weathered the recession relative to large firms in the private sector, according to a new report on small businesses and the labour market from RBC Economics. “Countering concerns … Continue reading

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