Employment
RBC Financial Group is one of Canada’s largest employers, with a growing number of employees in the United States and in our international locations. In 2004, we employed 71,876 people in 62,566 full-time equivalent positions worldwide.

Employment worldwide
2004 fiscal year (ended October 31, 2004)
       
    Number of employees Full-time equivalent positions
Canada   55,340 46,386
United States   12,600 12,377
International   3,936 3,803
Total   71,876 62,566
         
Employment in Canada
2004 fiscal year (ended October 31, 2004)
       
Province   Number of employees Full-time Part-time
Newfoundland and Labrador   343 228 115
Prince Edward Island   112 73 39
Nova Scotia   1,484 1,021 463
New Brunswick   1,379 931 448
Quebec   7,693 5,296 2,397
Ontario   29,158 23,514 5,644
Manitoba   2,222 1,354 868
Saskatchewan   1,530 962 568
Alberta   4,017 2,750 1,267
British Columbia   7,319 4,708 2,611
Yukon, Northwest Territories and Nunavut   83 59 24
Total   55,340 40,896 14,444

 

Taxes
In fiscal 2004, RBC Financial Group paid $2.2 billion in taxes worldwide. In Canada, our tax expense to all levels of government in Canada exceeded $2 billion. This included more than $1.3 billion in income taxes and $140 million in capital taxes, as indicated here, in addition to realty and business taxes, payroll taxes (employer portion), goods and services and sales taxes.

Capital and income taxes in Canada
2004 fiscal year (ended October 31, 2004) (C$ thousands)
    Capital taxes Income taxes
Federal government     881,279
Provincial governments      
Newfoundland and Labrador   1,387 2,655
Prince Edward Island   459 1,194
Nova Scotia   4,761 12,503
New Brunswick   2,481 6,183
Quebec   35,285 47,455
Ontario   55,893 257,598
Manitoba   10,095 12,322
Saskatchewan   8,843 11,685
Alberta   29,380
British Columbia   20,775 50,021
Yukon, Northwest Territories and Nunavut   921
Provincial subtotal   139,979 431,917
Total   139,979 1,313,196