{"id":9085,"date":"2024-01-10T05:00:17","date_gmt":"2024-01-10T05:00:17","guid":{"rendered":"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/"},"modified":"2026-01-23T19:07:31","modified_gmt":"2026-01-23T19:07:31","slug":"the-growth-project","status":"publish","type":"rbc_tl","link":"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/","title":{"rendered":"The Growth Project"},"content":{"rendered":"\n<section role=\"banner\" class=\"wp-block-rbc-banner-full-width alignfull is-style-level-1-v3 banner full-width is-style-level-1-v3-contained thought-leadership-growth-project-header\" data-img=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2024\/01\/Growth-Banner-3b_Banner-wide-08-1-scaled-1.webp\" style=\"background-image:url( https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2024\/01\/Growth-Banner-3b_Banner-wide-08-1-scaled-1.webp );background-position:50% 50%;background-size:cover;margin-bottom:0;justify-content:unset\"><div class=\"section-inner\"><div class=\"banner-wpr\"><div class=\"banner-text\" style=\"width:800px\">\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-a00c9c03 wp-block-group-is-layout-constrained\">\n\n<h1 class=\"wp-block-heading mob-mar-b has-white-color has-text-color\" id=\"h-the-growth-project-a-new-generation-of-ideas-for-the-canadian-economy\">The Growth Project: A new generation of ideas for the Canadian economy<\/h1>\n\n<\/div>\n\n<\/div>\n\n<\/section>\n\n<\/div><\/div><\/div><div class=\"banner-img-mobile banner-img img-center\" data-img=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2024\/01\/growth-banner-3b_banner-wide-08-1-scaled-02-1.webp\" style=\"background-image:url( https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2024\/01\/growth-banner-3b_banner-wide-08-1-scaled-02-1.webp )\"><\/div><\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel has-cool-white-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column has-rbc-bright-blue-tint-3-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"775\" height=\"775\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/04\/Growth-Image-Small-01-1.webp\" alt=\"\" class=\"wp-image-10691\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/04\/Growth-Image-Small-01-1.webp 775w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/04\/Growth-Image-Small-01-1.webp?resize=150,150 150w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/04\/Growth-Image-Small-01-1.webp?resize=300,300 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/04\/Growth-Image-Small-01-1.webp?resize=768,768 768w\" sizes=\"auto, (max-width: 775px) 100vw, 775px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-white-background-color has-background is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<div class=\"wp-block-group pad-t mob-pad-t pad-b mob-pad-b pad-l mob-pad-l pad-r mob-pad-r is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"has-text-lg-font-size\">Welcome to The Growth Project, an RBC initiative. Discover a new generation of ideas for the Canadian economy. When adjusted for inflation and immigration, our economy is now smaller than it was before the pandemic and essentially unchanged from a decade ago. Stalled economic growth foresees challenges Canadians might face in maintaining and improving their living standards in the decades to come.<\/p>\n\n\n\n<p class=\"has-text-lg-font-size\">Throughout this project, we will explore key drivers of economic growth including productivity, evolving technologies like AI, key sectors including agriculture and trade, and the intersection of skills and immigration. We will explore a new generation of ideas to drive prosperity: case studies and actionable steps needed to navigate the dynamic landscape of economic expansion, and uncover tools that foster growth in our community, business, and country.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading\" id=\"h-insights\">INSIGHTS<\/h2>\n\n\n\t\t<div class=\"most-recent-by-taxonomy-jscroll jscroll-wrapper\">\n\t\t\t\t\t\t<div class=\"wp-block-rbc-most-recent-by-taxonomy most-recent-by-taxonomy-is-template-type-3\">\n\t\t\t\t\t\n<div class=\"jscroll-item\" data-post-id=\"26228\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<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\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/04\/Capital-Gains-Blog-Image1.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\t<strong>Capital Gains: <\/strong>How Canada can unlock the $1.8 trillion it needs for growth\n\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">April 14, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tOur latest major report focuses on the opportunities in six strategically significant industries \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" 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\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24634\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/seeding-scale-addressing-canadas-agri-food-growth-capital-gap-2\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Investing in abundance: Addressing Canada\u2019s growth capital gap in agri-food\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/02\/AG-Food-Capital-Growth-Blog-Image_Banner-wide.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 50% 50%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tSeeding Scale: Addressing Canada\u2019s agri-food growth capital gap\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">February 9, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tCanada\u2019s agri-food startups present a $13-billion investment opportunity\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/seeding-scale-addressing-canadas-agri-food-growth-capital-gap-2\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24007\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-canada\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: Canada\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image1.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 72% 52%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: Canada\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\t10 significant forces that could shape the year ahead\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-canada\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24044\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-remilitarizing-the-maple\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: Remilitarizing the Maple\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-11.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 72% 54%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: Remilitarizing the Maple\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tCanada is looking to build its military, develop an industrial base and forge new commercial partnerships\u2013at a wartime pace\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-remilitarizing-the-maple\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24054\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-dependency-trap\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: A dependency trap\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-21.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 72% 55%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: A dependency trap\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tCanada plans to double non-U.S. exports through China and India \u2013 as investment continues to flow into the U.S.\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-dependency-trap\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24059\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-cruder-world\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: A cruder world\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-31.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 72% 53%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: A cruder world\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tA shift in global oil prospects changes the outlook for Albertan exports \u2013 and the projects to get them to overseas markets\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-cruder-world\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24072\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-failure-of-immigration\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: A failure of immigration\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-41.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 72% 52%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: A failure of immigration\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tAn over-correction to irregular immigration is straining employers, hitting colleges, and delaying projects \u2013 just as Canada nears a demographic cliff\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-a-failure-of-immigration\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"24078\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-the-charter-strikes-back\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Top Risks 2026: The Charter Strikes Back\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2026\/01\/Top-Risks-2026-Canada-Edition-Banner-Image_RISK-51.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 73% 51%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTop Risks 2026: The Charter Strikes Back\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">January 16, 2026<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tCanada\u2019s economic outlook is threatened by external shocks, demanding neighbours, and growing federal imbalance\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/top-risks-2026-the-charter-strikes-back\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"23400\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/turning-disruption-into-momentum-manulifes-ai-flywheel-2\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/AI-Case-Study-Manulife_Banner-wide.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTurning Disruption into Momentum: Manulife\u2019s AI Flywheel\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">December 11, 2025<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tHow a hands-on executive session turned AI from a niche experiment into a CEO-level agenda item\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/turning-disruption-into-momentum-manulifes-ai-flywheel-2\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"23213\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/trust-scale-and-strategy-how-to-build-an-ai-first-organization\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/12\/Schneider-Electric-Blog-Image_Banner-wide2.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 50% 50%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tTrust, Scale, and Strategy: How to Build an AI-First Organization\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">December 2, 2025<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tHow Schneider Electric turned pandemic-era supply chain disruption into an opportunity to reinvent its operations with AI\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/trust-scale-and-strategy-how-to-build-an-ai-first-organization\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"20793\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/powering-a-postsecondary-pivot-bold-ideas-to-advance-national-ambitions-in-defence-and-space-ai-and-energy-2\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"Powering a Postsecondary Pivot: Bold ideas to advance national ambitions in Defence, AI and Energy\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/PSE-Takeaways-Report-_Banner-wide.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" style=\"object-fit: cover; object-position: 53% 21%;\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tPowering a Postsecondary Pivot: Bold ideas to advance national ambitions in Defence and Space, AI and Energy\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">October 14, 2025<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\tWe gathered about 60 industry and postsecondary leaders to help craft a game plan\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/powering-a-postsecondary-pivot-bold-ideas-to-advance-national-ambitions-in-defence-and-space-ai-and-energy-2\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\n<div class=\"jscroll-item\" data-post-id=\"20578\">\n\t<article class=\"post-card thought-leadership-template\">\n\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/from-rock-to-roi-how-calgarys-geologicai-turns-core-samples-into-knowledge\/\">\n\t\t\t\t\t<div class=\"post-image\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?quality=80\" class=\"attachment-full size-full wp-post-image\" alt=\"From Rock to ROI: How Calgary\u2019s GeologicAI Turns Core Samples into Knowledge\" srcset=\"https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg 7250w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?resize=300,145 300w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?resize=768,371 768w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?resize=1024,494 1024w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?resize=1536,742 1536w, https:\/\/www.rbc.com\/en\/wp-content\/uploads\/sites\/4\/2025\/10\/GeologicAI-Blog-Image_Banner-wide.jpg?resize=2048,989 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t<\/div>\n\t\t\t\t<div class=\"post-content\">\n\t\t\t<h4 class=\"post-title\">\n\t\t\t\tFrom Rock to ROI: How Calgary\u2019s GeologicAI Turns Core Samples into Knowledge\t\t\t<\/h4>\n\t\t\t\t\t\t\t<p class=\"post-date\">October 8, 2025<\/p>\n\t\t\t\t\t\t\t\t<div class=\"post-description\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<a class=\"post-link\" href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/from-rock-to-roi-how-calgarys-geologicai-turns-core-samples-into-knowledge\/\">Learn More<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/article>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"infinite-handle rbc-load-more-button-container text-center mob-pad-t-hlf pad-t\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/the-growth-project\/?current_page=2\" class=\"btn tertiary mar-t-0 rbc-load-more\">\n\t\t\t\t\t\t\tLoad More\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t<!-- Different markup between back-end server side render and front-end -->\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<p class=\"category-results text-center mar-t-hlf text-xs\"><span>1<\/span> of 2<\/p>\t\t\n\t\t<\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-group alignfull has-cool-white-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\">\n<section class=\"wp-block-rbc-rbc-legal-collapsible disclaimer pad-l-0 mob-pad-l-0\" aria-label=\"Legal Disclaimers\"><div class=\"section-inner\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapseDisclaimer\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapseDisclaimer\" data-dig-id=\"LP-9085-0ba5631a\" data-dig-category=\"LP\" data-dig-action=\"legal close\" data-dig-label=\"legal close\" action-closed=\"legal close\" action-opened=\"legal open\" label-close=\"legal open\" label-open=\"legal close\"><span>Disclaimer<\/span><span>Disclaimer<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapseDisclaimer\"><div class=\"collapse-inner\"><div class=\"table-wpr\">\n<div class=\"wp-block-rbc-rbc-disclaimer-block pad-l-0 mob-pad-l-0\"><div class=\"table-row\" id=\"legal-1\"><div class=\"table-cell\"><span class=\"offscreen\">Legal Disclaimer<\/span><sup><\/sup><\/div><div class=\"table-cell\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div><\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to The Growth Project, an RBC initiative. Discover a new generation of ideas for the Canadian economy.<\/p>\n","protected":false},"author":300,"featured_media":0,"parent":0,"menu_order":0,"template":"templates\/template-tl-parent-post.php","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":"","footnotes":""},"rbc_tl_category":[],"rbc_tl_tag":[],"class_list":["post-9085","rbc_tl","type-rbc_tl","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Growth Project - RBC<\/title>\n<meta name=\"description\" content=\"Welcome to The Growth Project, an RBC initiative. 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