Browse "Business & Economics"

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Article

Roots Canada

Roots Corporation (better known as Roots or Roots Canada) is a publicly traded retail clothing business. It was co-founded by fashion designers and businessmen Michael Budman and Don Green. The first Roots store opened in Toronto in 1973 and Roots, with its beaver logo and cottage feel, grew into a recognizable Canadian brand. In 2015, Budman and Green sold a majority stake to Searchlight Capital Partners, though the founders remain prominent shareholders. In October 2017, Roots made its initial public offering (IPO) in Canada, trading on the Toronto Stock Exchange under the symbol ROOT. In 2022, Roots reported a net income of $6.7 million.
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Article

Royal Bank Award for Canadian Achievement

The Royal Bank Award for Canadian Achievement was designed to honour a Canadian citizen or person living in Canada "whose outstanding accomplishment makes an important contribution to human welfare and the common good.
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Article

Royal Bank of Canada (RBC)

Royal Bank of Canada (RBC) was founded in 1864. Today, it is the country’s largest chartered bank and financial institution. It has five divisions: Personal and Commercial Banking, consisting of banking operations around the world; RBC Wealth Management, consisting of investment products and services for retail investors; RBC Capital Markets for international investment banking services; RBC Insurance for individual and group clients; and Investor and Treasury Services, providing custody services and fund administration for international clients. Royal Bank is a public company that trades on the Toronto Stock Exchange, New York Stock Exchange and SIX Swiss Exchange under the symbol RY. In 2023, RBC registered $56.13 billion in revenue and $14.9 billion in profit and held $2.0 trillion in assets. Royal Bank employs more than 94,000 people, who serve over 17 million customers in 29 counties.
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Article

Royal Canadian Mint

The Royal Canadian Mint is a Crown corporation since 1 April 1969. From 1858 to 1907 Canadian coins were struck at the Royal Mint in London and the Heaton Mint of Birmingham, both in England. On 2 January 1908, the Ottawa Branch of Britain's Royal Mint officially opened.
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Article

Royal Commission on Banking and Finance

Banking and Finance, Royal Commission onBanking and Finance, Royal Commission on (Porter Commission), established 1961 (after the governor of the Bank of Canada, James COYNE, had publicly disagreed with the federal government's economic policies), to examine and to make recommendations for the improvement of "the structure and methods of operations of the Canadian financial system, including the banking and monetary system and the institutions and processes involved in the flow of funds through the capital...
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Article

Royal Commission on Canada's Economic Prospects

The idea for this royal commission was based on a draft article by Walter GORDON in 1955 questioning the validity of a number of the government's economic policies, particularly the question of selling control of Canada's natural resources and business enterprises to foreigners.
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Article

Royal Commission on Corporate Concentration

The Royal Commission on Corporate Concentration (Bryce Commission) was appointed in April 1975 under R.B. BRYCE, and reported 1978.
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Article

Royal Commission on Economic Union and Development Prospects for Canada

The Royal Commission on the Economic Union and Development Prospects for Canada (also known as the Macdonald Commission) was appointed in 1982 to examine the future economic prospects of the country and the effectiveness of its political institutions. (See also Royal Commissions.) The commission was chaired by Donald S. Macdonald, a former minister of finance, and included 12 other commissioners who represented diverse elements of Canadian society. In addition to the normal representation of regional and linguistic interests, the commission included members from business, labour, the co-operative movement, the legal and academic communities, the public service and all three national political parties. In effect, many of the basic economic and ideological conflicts of the country were built into the commission from the outset, and the process of writing a report inevitably became an effort at consensus building.
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Article

Royal Commission on Taxation

Taxation, Royal Commission on, under Kenneth Carter, appointed (1962) by PM John Diefenbaker to examine and to recommend improvements to the entire federal TAXATION system.
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Macleans

Royal-Montreal Bank Merger

This article was originally published in Maclean’s magazine on Oct. 31, 1997. Partner content is not updated. But they co-operate, nonetheless, in the conviction that everything they say and do on this day will be worthwhile if it helps them push through the merger.
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Article

Royal Trustco Ltd

Royal Trustco Ltd, with head offices in Ottawa, was a Canadian holding company incorporated in 1978 to become the parent of the Royal Trust group of companies. It carried on trust, financial, real-estate and deposit services in over 100 branches in Canada, the US and overseas.
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Article

R.S. Williams & Sons

R.S. Williams & Sons. Instrument building and sales firm established by Richard Sugden Williams (b London 12 Apr 1834, d Toronto 24 Feb 1906).
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Article

Rubber Products Industry

The rubber products industry consists of establishments primarily engaged in manufacturing rubber tires, tubing, hose, belting, washers and gaskets, weather stripping, tapes, etc. The 216 (1998) rubber manufacturers in Canada share annual sales of more than $4.7 billion (see Manufacturing in Canada). The industry directly employs 26,300 (1998) people; tens of thousands of additional jobs exist among suppliers and marketers of rubber products and in the transportation and service sectors.
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Article

Ruben Cusipag

Ruben Javier Cusipag, journalist, social activist (born 12 July 1938 in Paco, Manila; died 9 July 2013 in Markham, Ontario). Cusipag was a pioneer in Filipino Canadian journalism. He contributed to several newspapers and was the founding editor of Atin Ito, one of Canada’s oldest Filipino newspapers, and founder of the Toronto-based newspaper Balita. Cusipag also co-authored Portrait of Filipino Canadians in Ontario (1960-1990) (1993). (See also Filipino Canadians.)
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Article

S. Sabathil & Son Ltd.

S. Sabathil & Son Ltd. Vancouver harpsichord makers (whose workshop is on Bowen Island). The company was established in 1960 by Simon (b ca 1896 d Vancouver 1980) and Sigurd (b 1939) Sabathil, who had immigrated to Canada from Marianské Lázne, Czechoslovakia.
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