Irene O'Neill, RBC Financial Planner

The Bank of Canada (BoC) Monetary Policy Report offers insight into the economic conditions that influence their decisions regarding interest rate. The Monetary Policy Report was released along with the announcement of the interest rate cut on July 24, and shares the influences behind the most recent rate cut, the drivers of future (possible) interest rate cuts, and where Canada stands when it comes to housing, inflation and the general economy.

Bank of Canada Monetary Policy Report: What It Means for Everyday Canadians On July 24, 2024 the Bank of Canada released its latest edition of the Monetary Policy Report. Read the highlights here, including how policy is working to ease pricing pressures on Canadians.

Onome Ako’s leadership is rooted in values of equity and inclusion, inspired by her upbringing in Nigeria. Her parents’ community-focused actions ignited in her a deep sense of responsibility and a desire for systemic change. Read about her incredible journey.

How Action Against Hunger CEO Onome Ako is Powering Ideas for People and Planet Action Against Hunger Canada, led by CEO Onome Ako, is at the forefront of tackling the relentless hunger crisis.

Your credit score plays a big part in how much credit you can access, and how much you'll pay to borrow. Here's a handy guide to the top 5 misunderstandings about credit scores.

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For homeowners and prospective buyers in Canada, the interest rate cut is welcome news – but what does it really mean for you? Whether you’re looking to buy your first home, on track to renew this year or have a variable rate mortgage, the current interest rate environment matters. Here, we explore the impact of the interest rate cut on Canadians already in or about to enter the real estate market.

Bank of Canada Interest Rate Announcement: What it Means for You The June 5th Bank of Canada interest rate announcement has been highly anticipated as Canadians hoped the BoC would finally cut interest rates. And ultimately, they did. As was widely expected, interested rates came down 25 basis points to 4.75%, marking the first time in 4 years that rates have dec...

Paving the Way for Newcomers in Atlantic Canada: Atlantic Canada is home to a rich tapestry of newcomers. Learn how one entrepreneur brought her dreams — and cultural heritage — to market.

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Learn how different types of mortgage protection insurance (sometimes called mortgage loan insurance, mortgage creditor insurance, or, at RBC, HomeProtector®️ Insurance*) can help protect your family against life’s what-ifs.

What Is Mortgage Protection Insurance? Buying a home is a happy choice for many families, but it’s a big investment. Learn how optional mortgage protection insurance can help safeguard your home and your loved ones against life’s what-ifs.

The recent outperformance of the U.S. economy is led by the services sector—a driver that hasn’t materialized in the Canadian economy to the same extent. That makes it less likely that US inflation reacceleration will be replicated in Canada.

Proof Point: Canadian inflation is unlikely to pick up again like in the U.S. - RBC Thought Leadership

The RBC Foundation is donating $2 million to five Atlantic region community colleges to help equip people with skills for a thriving future.

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2024 Federal Budget - will you be impacted?

Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me? Canada’s recently unveiled 2024 budget proposes to adjust the capital gains inclusion rate. What does this mean for investors and taxpayers? Read on to find out how these changes might affect you.

Climate action is happening at every level of government and in every sector, it’s just not happening fast enough. RBC Climate Action Institute’s inaugural annual Climate Action 2024 report charts Canada’s Net Zero journey. Read the full report here:

RBC Climate Action Report for 2024 - RBC View RBC's annual progress report on Canada's Net Zero journey including transportation, oil and gas, electricity, agriculture, buildings and more.

Canada’s housing market is not an easy fix. Solving the housing crisis will require greater collaboration between governments, industry and other stakeholders. Read "The Great Rebuild"—a new report from RBC Economics:

The Great Rebuild Seven ways to fix Canada’s housing shortage - RBC Thought Leadership Too many Canadians are struggling to find a home they can afford—making housing the defining issue of this country’s politics and economics.

Too many Canadians are struggling to find a home they can afford—making housing the defining issue of this country’s politics and economics. The Great Rebuild—a new report from RBC Economics, looks at the five phases that led to Canada’s housing crisis:

The Great Rebuild Seven ways to fix Canada’s housing shortage - RBC Thought Leadership Too many Canadians are struggling to find a home they can afford—making housing the defining issue of this country’s politics and economics.

Over 86% of Atlantic residents report they’d be happier if they had more confidence in their financial future. RBC Group Advantage addresses this by providing a comprehensive group savings program helping employers support employees financial wellness.

Financially confident employees drive business performance | Atlantic Business Magazine RBC Group Advantage works with employees individually, providing simple and practical advice based on their unique goals and objectives.

Get up to $4,600 in cash and Avion points only with an RBC mortgage.
Great news! We have a new limited-time offer (March 18 – June 30, 2024) that will make the homebuying journey a little easier and more rewarding.
Contact me for more information on this offer.

Inflation continues to impact how Canadians plan to purchase a home. New research from RBC has found that 50% of Canadians say inflation is eroding their ability to save.

Yet despite this gloomy picture, the research also says confidence is improving as 60% of Canadians under the age of 65 believe owning a house or condo is a good investment (up from 53% in 2023) and 29% are looking to buy in the next two years (up from 22% in 2023).

So how do Canadians plan to buy that first or next home? Get the full scoop from RBC’s 30th annual Home Ownership Poll. https://bit.ly/3WeGJ1p

New to Canada? We understand that starting fresh in a new country can be challenging. At RBC, we’re here to help you settle in faster with a wide range of home financing options. Plus, for a limited time, you could receive up to $4,600 in cash and Avion points with an RBC Mortgage. Offer available from March 18th to June 30th. Conditions apply. Contact me for more information.

We analyze the proposed federal budget measures, and the effect they may have on Canadians and their families.

Federal budget 2024: Key measures that may have a direct impact on you

Canada will allow 30-year amortization for first-time buyers’ mortgages. Finance Minister Chrystia Freeland said the government would allow the amortization period on insured mortgages for first-time homebuyers purchasing newly built homes. The measure will take effect on Aug. 1. The Canadian Home Builders’ Association has advocated for the longer period, saying five years more would help with affordability and speed up construction. The government also nearly doubled the amount first-time buyers can withdraw from RRSPs to buy a home to $60,000 from $35,000 as of April 16.

Canada to allow 30-year amortization for first-time buyers' mortgages on new homes The Canadian government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes.

Canada’s housing crisis will reach even more alarming levels if not enough is done now. According to RBC Economics, if affordability remains close to where it is today, many renters won’t be able to afford rent in the future.

The Great Rebuild Seven ways to fix Canada’s housing shortage - RBC Thought Leadership Too many Canadians are struggling to find a home they can afford—making housing the defining issue of this country’s politics and economics.

Discover how RBC's new “Purpose Framework – Powering Ideas for People and Planet” is helping accelerate the transition to a greener economy, equip people with skills for a thriving future and drive more equitable prosperity in its communities.

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We’re excited to share that RBC has completed its acquisition of HSBC Bank Canada! To our new clients and colleagues – we look forward to welcoming you and showing you all that RBC has to offer.

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Read how support from RBC is helping foster more young women to enter the skilled trades.

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“When young people succeed, Canada succeeds" - Mark Beckles MBA, ICD.D, Vice President, Social Impact & Innovation, RBC. Read more in this The Globe and Mail feature on the RBC Future Launch Youth Outlook Study in partnership with Ipsos.

Study reveals that young Canadians are excited about the future – but are they ready for it? Sponsor Content

Women need to feel empowered to make choices with their money and be open to discussions around wealth building, investing and planning.

Women are the predominant benefactor in the great wealth transfer—what comes next? Women need to feel empowered to make choices with their money and be open to discussions around wealth building, investing and planning.

What’s important to you? What energizes you? Whether you’re thinking of retiring early or you don't have a choice, a financial planner can help you fill in the blanks.

Should You Retire Early? Beyond the financial side of things, only you can know when you’re ready to leave the workforce and start your retirement journey. A financial planner can help you with your vision for the future.

In its search for Canada's next Olympic talent, RBC is calling on young athletes to register for the newest season of RBC Training Ground. Registration and event information for all RBC Training Ground events are available at RBCTrainingGround.ca.

RBC Training Ground launches new season as Team Canada prepares for the Paris 2024 Olympic Games /CNW/ - In its search for Canada's next Olympic talent, RBC is calling on young athletes to register for the newest season of RBC Training Ground. This year,...