Companies both large and small can help shape the economies of the communities and countries in which they do business, simply through their day-to-day business decisions and actions. At RBC Financial Group, we have a direct economic impact as an employer, through our activities as a financial services company and a purchaser of goods and services.

Our priorities include ensuring that we:
•  Pay our fair share of taxes;
•  Create employment and a well-trained workforce;
•  Invest in the economic development of communities;
•  Provide services and access to credit for small business; and
•  Purchase goods and services responsibly.

This section of our report covers the direct and indirect impact we have on the economy.

 

2005 PERFORMANCE HIGHLIGHTS
   
•  Paid taxes of $2.6 billion worldwide.
•  Provided employment to 69,123 people, with $6.8 billion in employee compensation and benefits.
•  Served more than 650,000 small- and medium-enterprise clients.
•  Purchased goods and services totalling $3.7 billion, from suppliers of all sizes.
•  Became a founding member of the Canadian Aboriginal and Minority Supplier Council, complementing our Supplier Diversity Program for our operations in the United States.
According to RBC’s 2005 Business Market Intelligence Study, conducted by Maritz Research Company, more Canadian business owners recommend RBC than any other bank.

 

 

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