Welcome to The Growth Project, an RBC initiative. Discover a new generation of ideas for the Canadian economy. When adjusted for inflation and immigration, our economy is now smaller than it was before the pandemic and essentially unchanged from a decade ago. Stalled economic growth foresees challenges Canadians might face in maintaining and improving their living standards in the decades to come.

Throughout this project, we will explore key drivers of economic growth including productivity, evolving technologies like AI, key sectors including agriculture and trade, and the intersection of skills and immigration. We will explore a new generation of ideas to drive prosperity: case studies and actionable steps needed to navigate the dynamic landscape of economic expansion, and uncover tools that foster growth in our community, business, and country.

INSIGHTS

Canada’s Growth Challenge: Why the economy is stuck in neutral

Canada has stopped growing. Our economy, when adjusted for inflation and immigration, is smaller than it was before the pandemic…

GenAI: Is Canada ready?

How far behind is Canada when it comes to Gen AI? The latest and most comprehensive look came in Statistics Canada’s quarterly survey of business…

Canada’s Growth Challenge: Why the economy is stuck in neutral

Canada has stopped growing. Our economy, when adjusted for inflation and immigration, is smaller than it was before the pandemic…

Nova Scotia’s opportunity: Capitalizing on the population boom

Much like the rest of Canada, population growth has been carrying Nova Scotia’s economy to new heights after decades of challenges.

This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.