After a long day, I headed home and when I came to my door I saw something hanging on it, and it happened to be something from the Royal Bank of Canada (RBC). The door knob flyer was an attempt from RBC to gain customers for life insurance. Normally I would just ignore such attempts,

The Bank of Canada has announced that it will be keeping interest rates at its low levels, once again giving no hints as to when they will be begin to raise them. What this means it that the Bank of Canada will be maintaining its target for the overnight rate at 1%. This marks the

Royal Bank of Canada (RBC) has released its quarterly report for the second quarter, which ended in April 30th, 2011. RBC’s net income has reached $1.506 billion, which is an increase of 13% from the same period last year; earnings are $3.345 million for the 6 months that ended April 30th, 2011, which is an

National Bank of Canada has increased its net income by 13% in the second quarter, and has also announced that it will be increasing its quarterly dividend by 5 cents. The net income for the quarter that ended on April 30th was $295 million or $1.48 per diluted share, compare with $261 million or $1.50

Bank of Canada Governor Mark Carney warns that Canada’s fiscal advantage will only go so far in protecting the country against a debt crisis growing in the world’s advanced nations and Asia’s emerging economic powerhouse. Carney explained the Canadian Club Ottawa on Monday that the world is in the midst of a major economic power

Canada rocks! Not because we have vodka that is distilled through crystals. It isn’t even because we are 3,855,103 square miles, making us the second largest country (next to Russia). It isn’t even because we are lumberjacks or because our national mascot is a beaver (or is it a moose…). We Canadians are fun to

I came across a very interesting article on the Financial Post today, which revealed that the Royal Bank of Canada (RBC) is getting ready to sell its struggling U.S. retail banking operations. There have been a string of losses from exposure to the residential real estate market, which has become a problem for RBC Bank,