Investors abroad tell RBC’s CEO that Canada’s position in the world is falling

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

David McKay says capacity to advance our economy is stalling

TORONTO — The chief executive of Royal Bank of Canada, the country’s biggest lender by market value, said on Thursday that Canada’s struggle to compete with global peers is hurting its ability to grow the economy.

When I travel overseas, I often hear concerns from investors about Canada's falling position in the world “Our competitiveness is challenged. Our capacity to grow and advance our economy is stalling,” said RBC Chief Executive Dave McKay, in prepared remarks for shareholders at the company’s 150th annual meeting, in Halifax, Nova Scotia.“When I travel overseas, I often hear concerns from investors about Canada’s falling position in the world,” McKay said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sunny Ways has a price both economically and reputation- remember the OECD has Trudeau and his Government on an international corruption watchlist!!!!!

He is right.

IbelSteve Maybe RBC should stop gouging Canadians

ThankYouForYourDonation

Sounds like a broken record that's been playing for several years now....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines