TORONTO, July 22, 2020 - As a whole bunch of thousands of businesses start to re-open, RBC is pleased to announce the launch of Canada United - a nationwide motion to help local businesses in communities throughout the nation. As a part of the movement, RBC has introduced collectively greater than 50 of Canada’s leading brands, the national Chamber of Commerce network and business associations to rally Canadians to “show local some love” by buying, dining and purchasing native.
Supporting local enterprise has never been more essential and will be vital to moving Canada’s recovery forward. Canada United provides every Canadian the chance to show their assist by means of actions big and small.
Canadians are invited to join the Canada United motion by buying and dining local, together with celebrating and supporting native companies during the Canada United Weekend from August 28 to 30, 2020.
Canadians are additionally inspired to observe the Canada United movies on-line at GoCanadaUnited.ca, like posts from @GoCanadaUnited on social media and use #CanadaUnited on Twitter to show their help. For each of these actions till August 31, 2020, RBC will contribute 5 cents as much as a maximum contribution quantity of $2 million to the Canada United Small Business Relief Fund, while working with authorities and company companions to source extra contributions to the fund during the course of the marketing campaign. The Fund will provide small Canadian companies with grants of as much as $5,000 to cover expenses related to personal protective equipment (PPE), renovations to accommodate re-opening guidelines and developing or bettering e-commerce capabilities.
“As Canadians proceed to work arduous to restrict the spread of COVID-19, it is extra vital than ever to come together with one voice to safely support the re-opening of Canada’s local companies and our economy,” mentioned Neil McLaughlin, Group Head, Personal & Commercial Banking, Royal Bank of Canada. “Canada United was created to kick-start an financial rebound by rallying consumers to present native companies the assist they should re-open throughout these unsure instances. By bringing collectively authorities, business associations and corporate Canada, we are trying to start out a motion to get Canadians to buy native and support businesses across the country. We are genuinely excited by the energy that every one of our companions are bringing to this effort.”
Small Canadian companies across the country shall be able to use for as much as $5,000 in grant funding. This system intends to assist small Canadian businesses of every kind from throughout the nation. The Canada United Small Business Relief Fund will probably be administered by the Ontario Chamber of Commerce on behalf of the nationwide Chamber network. Small business homeowners who are serious about the program can go to GoCanadaUnited.ca to study more about grant software details, together with eligibility criteria, and to use.
“If there has been one silver lining in all of the tragedy and sacrifices of the present crisis, it has been the spirit of collaboration and unity of objective that has been evident between levels of government, across provinces and throughout sectors,” mentioned Rocco Rossi, President and CEO, Ontario Chamber of Commerce. “We are calling on that very same unity of objective with Canada United. Small, native businesses are the guts of our communities, our Main Streets and our economy. Together, it is time to point out local some love.”
Canada United is one part of RBC's journey to assist the recovery of companies across Canada in addition to local economies. In June, RBC announced Points for Canada to stimulate local economies throughout Canada by giving shoppers double the points at eating places and 30% more value when redeeming factors for reward cards or paying in-retailer.
About RBC Royal Bank of Canada is a worldwide financial establishment with a objective-pushed, ideas-led approach to delivering main efficiency. Our success comes from the 84,000+ staff who convey our vision, values and strategy to life so we might help our shoppers thrive and communities prosper. As Canada's largest financial institution, and one among the largest on the earth based mostly on market capitalization, we now have a diversified enterprise mannequin with a concentrate on innovation and offering exceptional experiences to our 17 million shoppers in Canada, the U.S. and 34 different countries. Learn more at rbc.com.
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