RBC insights

U.S. government borrowing costs on longer-maturity debt have risen more quickly than on shorter-maturity debt since so-called reciprocal tariffs were announced. We discuss what drove that reaction and why the difference is likely to persist.

Questions regarding the Federal Reserve’s price stability and maximum employment mandates abound. We look at what investors should know at a time when there is a lack of clarity regarding the central bank’s next moves.

Running up debts to buy foreign goods is unsustainable in the long term. Identifying the problem is simple, but we see no easy or quick escape for the U.S. from the imbalances built up over the last four decades.

Key takeaways Canada and the U.S. are each other’s largest minerals trading partner, amounting to $146 billion in bilateral trade1. The U.S. is 100% import reliant for 12 of its identified list of 50 critical minerals, and net import reliant (>50%) for...

It has been an eventful week as President Donald Trump officially announced his long-awaited tariff strategy. From a high level, a baseline 10% minimum tariff is being applied to all countries as of April 5. Countries that account for the bulk of the...

Karl recently sat down with Joe Maginot, who is a portfolio manager and analyst with our US equity manager, Madison Investments, who are based out of Madison, Wisconsin. If you are curious about how our US equities manager makes their investment decisions...

The Bank of Canada lowered its benchmark interest rate again in March, this time to 2.75% from 3%.

Believe it or not, but we are only in the month of March. Yet, it has been quite the year already given the policy shifts and twists and turns undertaken by President Trump and all the Tariff talk. While many people, including ourselves, are “tariff-ed”...

The effective U.S. tariff rate is now at its highest level since the 1940s after U.S. President Donald Trump signed an executive order to impose 25% tariffs on Canada and Mexico on March 4. A new order was also signed for China, increasing tariffs to...