{"id":6367,"date":"2026-06-22T16:40:02","date_gmt":"2026-06-22T16:40:02","guid":{"rendered":"https:\/\/www.rbc.com\/en\/tl\/?page_id=6367"},"modified":"2026-07-22T17:10:27","modified_gmt":"2026-07-22T17:10:27","slug":"charts-whats-trending","status":"publish","type":"page","link":"https:\/\/www.rbc.com\/en\/thought-leadership\/charts-whats-trending\/","title":{"rendered":"Charts: What\u2019s Trending"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel chart-of-the-week-pattern mar-t mob-mar-t has-cool-white-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner chart-grid pad-t-dbl mob-pad-t-dbl pad-b-dbl mob-pad-b-dbl\" style=\"border-radius:0x\">\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"595\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-7011\" style=\"aspect-ratio:16\/9;object-fit:cover;object-position:62% 55%\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?resize=300,174 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?resize=768,446 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?resize=1024,595 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?resize=1536,892 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Trade-Shock-Charts_6.png?resize=2048,1190 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Despite trade tensions and heavy tariffs that hit many sectors, Canada added more jobs than the U.S. in 2025. While 68% of Canadian exports are headed for the U.S., only 12% of jobs are dependent on U.S. demand, according to RBC Economics research.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"748\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-7667\" style=\"object-fit:cover;object-position:45% 11%\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?resize=300,219 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?resize=768,561 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?resize=1024,748 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?resize=1536,1121 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-25-EN.png?resize=2048,1495 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">More Canadians travelled to the Unites States in April, marking the first monthly increase since January of last year. While the total was up, more people travelled by car, while air travel was still down compared to 2025.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"615\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?quality=80&amp;w=1024\" alt=\"Canadians paid more for fruit and vegetables in May\" class=\"wp-image-7658\" style=\"object-fit:cover;object-position:34% 57%\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?resize=300,180 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?resize=768,461 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?resize=1024,615 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?resize=1536,923 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/COTD-GRAPHS-June-23-EN.png?resize=2048,1230 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Rising grocery prices outpaced headline inflation for the 16<sup>th<\/sup> consecutive month in May, thanks to the higher cost of fresh fruit and vegetables. Tomato prices jumped 45.2%, due to supply contractions in Mexico.\u00a0<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"620\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?quality=80&amp;w=1024\" alt=\"Chinese clean-tech set to dominate fastest growing markets\" class=\"wp-image-7659\" style=\"object-fit:cover\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?resize=300,182 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?resize=768,465 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?resize=1024,620 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?resize=1536,930 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/CAI-Graphs-Chinese-cleantech.webp?resize=2048,1240 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">In many respects, it is China that\u2019s leading the global energy transition. Emerging trade data highlights China\u2019s often-underappreciated position in global clean energy supply chains, which has only accelerated with the Hormuz crisis.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"679\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?quality=80&amp;w=1024\" alt=\"Canada&apos;s customer base for crude expands helping narrow the spread and volatility\" class=\"wp-image-7653\" style=\"object-fit:cover\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?resize=300,199 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?resize=768,509 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?resize=1024,679 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?resize=1536,1019 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Energy.png?resize=2048,1358 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">North America is an auto powerhouse: The U.S. brings manufacturing The Trans Mountain Expansion (TMX) has begun to transform Canada\u2019s strategic position in the global oil markets. It has also narrowed discounts between Canada\u2019s heavy oil benchmark (Western Canada Select) and the American index (Western Texas Intermediate). Each additional barrel shipped to Asia compresses the differential, improving producer profits.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"714\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?quality=80&amp;w=1024\" alt=\"NATO defence spending trails Russia&apos;s as a share of GDP\" class=\"wp-image-7654\" style=\"object-fit:cover;object-position:52% 31%\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?resize=300,209 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?resize=768,536 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?resize=1024,714 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?resize=1536,1072 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Defence.png?resize=2048,1429 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Global military expenditure reached US$2.9 trillion in 2025\u2014the ninth consecutive annual increase. The U.S., China and Russia accounted for roughly half of that spending. However, the relative share changed dramatically: in 2000, Russia and China combined to spend a tenth of U.S. expenditure; today, they spend more than half that of the U.S.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"500\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?quality=80&amp;w=1024\" alt=\"The US$100-billion North American auto trade\" class=\"wp-image-7650\" style=\"object-fit:cover\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?resize=300,147 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?resize=768,375 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?resize=1024,500 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?resize=1536,751 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Four-Strategic-Sectors-Charts-Auto.png?resize=2048,1001 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">North America is an auto powerhouse: The U.S. brings manufacturing expertise, R&amp;D infrastructure. Canada brings complementary assets: award-winning assembly plants, global calibre parts-makers and a tech cluster with capabilities in sensors, AI, lightweight materials, and autonomy.&nbsp;<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"598\" width=\"1024\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?quality=80&amp;w=1024\" alt=\"China has a tight grip on minerals, but Canada offers an alternative\" class=\"wp-image-7665\" style=\"object-fit:cover;object-position:43% 50%\" srcset=\"https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png 4000w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?resize=300,175 300w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?resize=768,449 768w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?resize=1024,598 1024w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?resize=1536,897 1536w, https:\/\/www.rbc.com\/en\/thought-leadership\/wp-content\/uploads\/sites\/27\/2026\/07\/Canada-US-Charts.png?resize=2048,1197 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Chinese dominance in the refining and manufacture of critical minerals is the most direct threat to industrial sovereignty in North America. Canada can help break that dominance, with its world-class geology across cobalt, copper, gallium, germanium, graphite, lithium, nickel, tungsten and rare earths.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/MMC-Chart.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-81\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Modern Methods of Construction can help build Canadian homes 50% faster and 40% cheaper than traditional methods. Read <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/climate-action-institute\/building-reports\/a-new-blueprint-how-modern-methods-of-construction-can-help-solve-canadas-housing-crisis-2\/\" data-dig-id=\"LP-27740-62456f12\" data-dig-label=\"A New Blueprint\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">A New Blueprint<\/a>.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Capital-Report-Charts-Canada-has-net-1T-4.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-80\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">Over the past decade, Canada\u2019s net outflow of investment exceeded $1 trillion, the most significant capital exodus in modern Canadian history.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-t-hlf mob-pad-t-hlf has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-23998b29 wp-block-group-is-layout-flex\" style=\"padding-top:0px;padding-right:0;padding-bottom:0px;padding-left:0\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Capital-Report-Charts-OIL-AND-GAS.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-79\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">The Canadian oil and gas sector is poised for a potential upturn, driven by global demand for secure and stable supplies of oil and liquefied natural gas. <\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-bf6e8664 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Capital-Report-Charts-MINING.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-78\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf pad-b mob-pad-b wp-block-paragraph\">In <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/capital-gains-how-canada-can-unlock-the-1-8-trillion-it-needs-for-growth\/\" data-dig-id=\"LP-27740-0df01bc7\" data-dig-label=\"Capital Gains\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">Capital Gains<\/a> we examine how Canada can emerge as a critical minerals\u2019 supplier of choice for allies and partners.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-15ed49f8 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/TZ-5.01-.webp\" alt=\"\" class=\"wp-image-77\" \/><\/figure>\n\n\n\n<p class=\"mar-l-hlf mob-mar-l-hlf pad-b mob-pad-b mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf wp-block-paragraph\">Shortages of fertilizers, such as urea, could have a damaging impact on groceries and food.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-15ed49f8 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Climate-Crunch-5.07-Indigenous-Chart.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-76\" \/><\/figure>\n\n\n\n<p class=\"mar-l-hlf mob-mar-l-hlf pad-b mob-pad-b mar-t mob-mar-t wp-block-paragraph\">Over 80% of prior Indigenous equity transactions in Canada are in relatively low-risk power and utilities sectors. However, the next wave of Canadian projects, including those in natural gas and mining, would expect First Nations and proponents to assume more risk. Read <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/indigenous\/nations-building-assessing-indigenous-loan-guarantee-programs-in-canadas-new-project-wave-2\/\" data-dig-id=\"LP-27740-d38926e6\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Nations Building\" class=\"rbc-link-format\">Nations Building<\/a> to explore the challenges facing Canada\u2019s next wave of projects.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-15ed49f8 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/CAI-Graphs-farmers-credit-resize1.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-75\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"pad-b mob-pad-b mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf wp-block-paragraph\">Fragmentation across Canada\u2019s industrial carbon pricing system has led to several inefficiencies in the marketplace and held back development. Our report<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/climate-action-institute\/agriculture-reports\/giving-farmers-credit-integrating-agriculture-in-canadas-industrial-carbon-pricing-system-2\/\">,<\/a> <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/climate-action-institute\/agriculture-reports\/giving-farmers-credit-integrating-agriculture-in-canadas-industrial-carbon-pricing-system-2\/\" data-dig-id=\"LP-27740-3c30f9ec\" data-dig-label=\"Giving Farmers Credit\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">Giving Farmers Credit<\/a><a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/climate-action-institute\/agriculture-reports\/giving-farmers-credit-integrating-agriculture-in-canadas-industrial-carbon-pricing-system-2\/\">,<\/a> examines how it is one of the factors holding back climate action in the country\u2019s agriculture sector.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-15ed49f8 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Climate-Crunch-2026-Earth-Day-Takeover2.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-74\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"pad-b mob-pad-b mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf wp-block-paragraph\">\u201cOur power, our planet\u201d was the global theme of Earth Day 2026.&nbsp; Indeed, clean power often lays the foundation of a cleaner economy. New research from <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/capital-gains-how-canada-can-unlock-the-1-8-trillion-it-needs-for-growth\/\">RBC<\/a> shows Canada\u2019s electricity system needs an estimated $670 billion over the next 10 years to support the energy transition.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-white-background-color has-background wp-container-content-8d1725e3 is-vertical is-layout-flex wp-container-core-group-is-layout-15ed49f8 wp-block-group-is-layout-flex\" style=\"padding-top:15px;padding-right:15px;padding-bottom:0px;padding-left:15px\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/COTD-GRAPHS-May-6-EN.webp?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-73\" style=\"object-fit:cover\" \/><\/figure>\n\n\n\n<p class=\"pad-b mob-pad-b mar-t mob-mar-t pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf wp-block-paragraph\">Like many of its peers, Canada has made progress in decoupling economic growth from emissions through increased renewable energy adoption, improved energy efficiency standards, and sectoral shifts toward services and technology. However, its decoupling drive remains a work-in-progress, particularly in emissions-intensive sectors.<\/p>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n\t\t<div class=\"align-content-desktop-center align-content-mobile-top cta-latest-insights wp-block-rbc-rbc-cover\">\n\t\t\t\t\t\t\t<div\n\t\t\t\t\tclass=\"cta-latest-insights hide-on-mobile cover-background-image-container\"\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"\"\n\t\t\t\t\tstyle=\"min-height:400px;\n\t\t\t\t\t\tbackground-image: url(https:\/\/www.rbc.com\/en\/tl\/wp-content\/uploads\/sites\/27\/2026\/06\/Colleagues-Working.png?quality=80);\n\t\t\t\t\t\tbackground-position: 30% 60%;\n\t\t\t\t\t\tbackground-size: cover;\n\t\t\t\t\t\tbackground-repeat: no-repeat;\"\n\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t>\n\t\t\t\t\t\n<div class=\"wp-block-rbc-cover__inner-container\">\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-027349fc wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-af292ea9 wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading has-text-align-center has-white-color has-text-color has-link-color wp-elements-febb1faeedf485353ffd44c2005cd0a6\" id=\"h-get-the-latest-insights\">Get the Latest Insights<\/h2>\n\n\n\n<p class=\"has-text-align-center has-white-color has-text-color has-link-color wp-elements-39504e43addffb76eb456039417dcdcd wp-block-paragraph\" style=\"font-weight:500\">Sign up to receive RBC Thought Leadership&#8217;s newsletter, flagship reports and analysis on the ideas shaping Canadian business and the economy.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-d9a36c2f wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button primary btn before is-style-thought-leadership-white is-style-primary\"><a class=\"wp-block-button__link wp-element-button\" 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data-dig-label=\"View Legal Disclaimers\"><div>View Legal Disclaimers<\/div><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapsedeedda94\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p class=\"wp-block-paragraph\"><strong>Important Notice Regarding Information on this Website and Caution Regarding Forward-Looking Statements<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The information on this website is intended as general information only and does not constitute an offer or a solicitation to buy or sell any security, product or service in any jurisdiction; nor is it intended to provide investment, financial, legal, accounting, tax or other advice, and such information should not to be relied or acted upon for providing such advice. Nothing herein shall form the basis of or be relied upon in connection with any contract, commitment, or investment decision whatsoever. The reader is solely liable for any use of the information contained herein, and neither Royal Bank of Canada (\u201cRBC\u201d, \u201cwe\u201d, \u201cour\u201d and \u201cus\u201d) and its subsidiaries nor any of RBC\u2019s affiliates nor any of their respective directors, officers, employees or agents shall be held responsible for any direct or indirect damage arising from the use of any information contained herein by the reader.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including on this website, in filings with Canadian securities regulators or the U.S. Securities and Exchange Commission, and in other communications. Such statements are subject to our caution regarding forward-looking statements. Forward-looking statements on our website include, but are not limited to, statements relating to our economic and sustainability related objectives, vision, commitments, goals and targets as well as potential events and actions. By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct, and that our objectives, vision, commitments, goals and targets will not be achieved. We caution readers not to place undue reliance on these statements as a number of risk factors \u2013 many of which are beyond our control and the effects of which can be difficult to predict \u2013 could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. 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The content of any websites referred to on this website, including via website link, and any other websites they refer to are not incorporated by reference in, and do not form part of, this website.&nbsp; This website is also not intended to make representations as to sustainability-related initiatives of any third parties, whether named herein or otherwise, which may involve information and events that are beyond our control.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":124,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"disable_focal_point":true,"featured_image_focal_point":{"x":0.5,"y":0.5},"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","editor_notices":[],"footnotes":""},"class_list":["post-6367","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.2) - 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