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Enhancing “human skills” crucial to tackling machine-led disruption

March 26, 2018 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – A year into its effort to help equip youth for the rapidly evolving workforce, one of the country’s largest banks says enhancing young Canadians’ human skills will be critical in navigating the machine-led disruption that lies ahead. In

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

‘Small number’ of RBC credit card holders affected in Equifax breach, bank says

September 22, 2017 The Canadian Press

TORONTO – RBC says “a small number” of its credit-card clients’ personal information may have been affected in the massive Equifax security breach. Bank spokesperson A.J. Goodman said in an email that RBC has not yet identified any impact to

News InsuranceMergers and Aqcuisitions

Home purchase plans down overall, Millennials most optimistic group: RBC

April 11, 2017 by Canadian Underwriter

A quarter of those taking part in a new RBC Royal Bank poll seem to be taking a “wait-and-see” approach to buying a home within the next two years, but the dip from 2016 is buoyed by Millennials more willing

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IBM and SecureKey Technologies to deliver blockchain-based network for Canadian consumers

March 21, 2017 by Canadian Underwriter

IBM and SecureKey Technologies, an identity and authentication provider company, announced on Monday that they are joining forces to “enable a new digital identity and attribute sharing network” based on IBM Blockchain. “The network will be designed to make it

News CatastrophesEarnings / RatingsInsuranceMarkets / Coverages

Back to business results expected from oilsands as wildfire impact dissipates

October 26, 2016 Dan Healing - THE CANADIAN PRESS

CALGARY – Oilsands producers are expected to report back-to-business third-quarter results over the next few days as they shrug off lingering impacts of last May’s devastating wildfires in Fort McMurray, Alta. While provincial estimates report that Alberta oilsands production dropped

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Canadian banks shake off oilpatch fears, report better than expected earnings

August 26, 2016 Alexandra Posadzki - THE CANADIAN PRESS

TORONTO – Panic about how the oil price shock could affect the banks’ bottom lines has subsided, as several of the country’s largest financial institutions reported better-than-expected third-quarter results. CIBC (TSX:CM) reported that its quarterly profit climbed nearly 50 per

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RBC completes sale of RBC General Insurance Company to Aviva Canada

July 4, 2016 by Canadian Underwriter

Royal Bank of Canada announced Canada Day that the company has completed the previously announced sale of RBC General Insurance Company to Aviva Canada Inc. The RBC Insurance offerings involved in the sale include certain home and auto insurance manufacturing