RBC CEO urges B.C. to accelerate projects as race for investment intensifies

0
3

B.C. must accelerate major projects and adopt a more pro-growth mindset if it wants to attract global investment capital, according to the president and CEO of the Royal Bank of Canada (RBC).

Speaking at a Greater Vancouver Board of Trade event on Friday, May 29, David McKay said B.C. has a significant opportunity to benefit from renewed interest in Canadian projects as Ottawa seeks to attract more foreign investment.

However, he cautioned that jurisdictions across the world are competing aggressively for capital.

“B.C. needs to enable these projects and be pro-growth, because now is our time, and I tell you, this capital will not wait because it’s going to move

→ Continue reading at BIV