Economics

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.

With the building blocks of a consumer-led recovery remaining in place, we think central banks will be easing off the accelerator next year. – RBC Economics

Glasgow was a chance to keep alive the Paris goal of limiting global warming to 1.5°C. That would require decisive action by 2030 – RBC Economics

The Insights Sustainable finance is top of mind in Glasgow, with major financial institutions committing to financing the global energy transition. Sustainable finance has grown rapidly to nearly $450 billion annually, but by some estimates is only one eighth of what’s needed. Carbon pricing policies in advanced economies and international standards on offsetting can both […]

[print-me] We know the consequences of climate change. We know the causes, too. We even know what can be done to address it. What we don’t know is how best to shift into gear to get there in time. It’s why RBC Economics and Thought Leadership set out on a year-long research project to map […]

Key Points 25% of Canada’s 4 million tradespeople will need to upgrade their skills within five years amid significant digital disruption.1 Canada will face a shortage of at least 10,000 workers in nationally recognized Red Seal trades over that period—a deficit that swells tenfold when 250 provincially regulated trades are included.2 The most severe shortages […]

Canada faces a challenge in ensuring that sustainable finance reaches all parts of its economy says RBC Economics.

Canada won't get hit hard by the world's first plan to price carbon at the border recently proposed by the EU, says RBC Economics.

Building Bandwidth was always intended as a conversation starter. Here are five ideas for moving forward, based on insights from Indigenous techies across Canada.

As Canada emerges from the pandemic, creativity is the new “it” skill. Find out why in our new report, The Coming Creativity Boom.

RBC Thought Leadership outlines eight ways that governments, educators, and employers could help prepare Indigenous youth for the digital future.

John Stackhouse interviews Mary Robinson, the former president of Ireland and global statesperson, for RBC Capital Markets’ first annual ESG Conference.