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Economic Impact

 

Aboriginals and Newcomers

Aboriginal Communities

RBC is building wealth and capacity in aboriginal communities by supporting the transfer of skills, knowledge and resources. We promote aboriginal interests, forging partnerships with Aboriginal Peoples, businesses and governments based on understanding, trust and respect. RBC encourages dialogue between businesses, governments and individuals to identify and resolve relevant economic issues.

We support organizations that promote well-being, learning and economic growth among Aboriginal Peoples, including:

  • Malaspina University-College Foundation's Pathways to Learning program, which offers aboriginal students a two-week intensive summer program that gives them a comfort level with the campus, the academic resources and supports, allowing them to plan ahead and determine some of the potential challenges they may face while pursuing their academic goals

  • The Métis Capacity Building Program of the Canadian Executive Services Organization whose Aboriginal Services have been successfully promoting governance and economic development support to Métis individuals, businesses and communities across Canada

  • The Frontiers Foundation, a non-profit organization that promotes the advancement of economically and socially disadvantaged communities

  • Girl Guides of Canada's New Unit Initiative, which is working to establish new guiding units in aboriginal communities by helping them find safe meeting spaces and by providing funds for membership, program tools and uniforms. The initiative will also help promote aboriginal-specific activities.

For more information on our aboriginal initiatives, see Workplace and Community.

Newcomers

RBC believes there are significant economic benefits when new immigrants succeed in their adopted country. In Canada, we have adapted our credit, banking, marketing, recruiting and training practices to help make this happen. In 2007, we launched a scholarship program for young Canadians who have been through the immigration experience, helping some of our best and brightest students realize their fullest potential. We also supported a number of organizations that help skilled immigrants find employment, such as:

  • Career Bridge, an innovative internship program that helps recently arrived, skilled immigrants earn local job experience and employers find qualified workers. To date, 270 employers have provided internships for 696 people, including 42 at RBC

  • Immigrant Access Fund, a not-for-profit group that raises funds to provide micro-loans to internationally trained immigrants in Calgary for accreditation, training and upgrading of skills

  • The Toronto Region Immigrant Employment Council, a multi-stakeholder council working to improve access to employment for immigrants so they are better able to use the skills, education and experience they bring with them to Canada.

Related Links
  Aboriginal Banking


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09/05/2008 20:09:42