RBC’s Growth Project is an initiative aimed at exploring new ideas for Canada’s economy in today’s challenging times. Despite the impact of the pandemic, our economy has not seen significant growth when adjusted for inflation and immigration, raising concerns about future living standards.

The project will delve into various factors that drive economic growth, such as productivity, evolving technologies like AI, key sectors like agriculture and trade, and the importance of skills and immigration. Our goal is to uncover innovative strategies and actionable steps that can propel prosperity and navigate the ever-changing economic landscape.

This article serves as general information and should not be considered as legal, financial or professional advice. It is advisable to consult with a professional advisor for personalized guidance. While the information presented is believed to be accurate, it is not a complete analysis and is subject to change. The opinions expressed are those of the authors and do not imply any endorsements by RBC or its affiliates of third parties or their advice, opinions, products or services.