COVID-19 highlights the need for bold change in Canada’s eldercare system

Jun 23, 2020 |Naomi Powell

Canadians in long-term care have paid the heftiest price in this pandemic, with 82% of deaths coming from within their ranks.

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RBC Foundation combating COVID-19 mental health crisis

RBC Foundation combating COVID-19 mental health crisis with donations to CMHA, HEADSTRONG Summits

May 28, 2020 |RBC Wealth Management Canada

In any given year, 1 in 5 Canadians will personally experience a mental health issue or illness. This year, there is an undeniably higher degree of stress for many Canadians, given the uncertainty and strain of the current global health crisis.

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A tough but temporary blow to Canada’s housing market

Mar 30, 2020 |Robert Hogue
Housing trends and affordability - COVID-19 edition Highlights: Pandemic has soured the outlook almost overnight: Social distancing and the economic shock will cut home sale activity to a trickle near term. The timing and speed of the eventual rebound...
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Canadian flag markets

Canadian dollar weakened but not headed for historical lows

Mar 27, 2020 |Josh Nye

Canadian dollar traded below 70 cents this week, but don't dust off “Northern Peso" references

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BoC cuts rates and joins the QE club

Mar 27, 2020 |Josh Nye

The Bank of Canada lowered its overnight rate to 0.25% this morning and launched a new program of weekly government bond purchases that represents the bank’s first foray into quantitative easing.

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Federal fiscal support: phase one done but a long way to go

Mar 24, 2020 |RBC Economics

Canada's phase one of the COVID-19 fiscal stimulus was launched only a week ago and already it appears that it isn't enough.

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Reflection of reality

Mar 24, 2020 |Global Portfolio Advisory Committee
The serious human toll and adverse economic and financial market consequences of COVID-19 continue to mount as the virus spreads further throughout North America and penetrates deeper in Europe. As a result, the global equity selloff has persisted with...
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Canada’s economy enters uncharted waters

Mar 24, 2020 |RBC Economics
Canada's economy faces hit from COVID-19 and oil price plunge In early March we released a forecast that looked for Canada’s economy to suffer a short, sharp decline in activity. The spread of COVID-19, the imposition of social-distancing measures and...
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COVID-19’s threat to Canada’s vulnerable workers

Mar 23, 2020 |Andrew Agopsowicz

Measures to stem the spread of COVID-19, while essential to protect the population, have temporarily wiped out demand for services, taking an immediate heavy toll on Canadian labour markets.

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Coronavirus contagion: Implications for the economy and stock market

Feb 25, 2020 |Global Portfolio Advisory Committee

Volatility has spiked as the coronavirus outbreak expands outside of China. We look at the potential economic impact and the risks to U.S. equities.

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