Economics

Note: This page is now archived. Recent updates to the RBC U.S. Inflation watch here. Widespread moderation in U.S. headline inflation in June See update from July 12, 2023 Deceleration in food and energy prices drove U.S. headline inflation lower. Core services excluding rent (Fed’s preferred inflation gauge) also improved, and breadth of inflationary pressure […]

We dissect the makings behind the Oneida Energy Storage project, a 50/50 private and public partnership with Six Nations of the Grand River.

Budget 2023’s new green measures are mostly about bolstering the upstream supply chain

Innovation will be key to the low carbon, sustainable food systems of the future. This is Canada’s moment to unlock it.

Canada’s agriculture and food systems produce 93 megatonnes or just over 10% of our national greenhouse gas emissions annually.

The need to retain fiscal dry powder is set against a requirement to accelerate private investment in clean technologies. – RBC Economics

It’s now clear that the national priorities of Net Zero and reconciliation with Indigenous Peoples are inextricably linked. In the same spirit, we expect RBC’s reconciliation journey will increasingly intersect with our climate priorities.

In this edition of Disruptors: The 10-Minute Take, host John Stackhouse and co-host Trinh Theresa Do examine why demand for cash in Canada is at its highest level in 60 years. They’re joined by Josh Nye, Senior Economist at RBC Economics, who shares insights on what this means for Canada’s future with digital currencies. Episode […]

There isn’t a moment to lose. Policy action over the next 24 months must chart Canada’s climate-and-energy path to Net Zero by 2050.

Canada last upped its ambition in December 2020, releasing a plan to cut emissions to 503 Mt. Tuesday’s release added another 64 million tonnes in projected cuts, nearly half from Canada’s carbon-intensive oil and gas sector.

A look at major trends underway in the world, and the possibilities that exist for savvy business operators, investors and innovators.

Canada is on the cusp of a generational skills crisis. As a nation, we’ve set some of the most ambitious climate objectives in the world, led by an overarching goal to reach Net Zero emissions by 2050. This pursuit brings with it an abundance of opportunity: for Canadian innovation, for new green investment, and for economic growth.