RBC CEO McKay: Looking at City National Expansion in U.S.

The transcript discusses RBC's strategy for US expansion, focusing on geographic and product line growth. It addresses the impact of regulatory changes, particularly the Dodd-Frank Act, on RBC's operations. The conversation shifts to consumer debt in Canada, highlighting credit provisions and the stability of the Canadian housing market. The discussion emphasizes the importance of balancing supply and demand in maintaining market stability.

What concerns does RBC have regarding consumer debt in Canada?

What is the current state of the Canadian consumer credit portfolio according to RBC?

What factors does RBC consider when assessing the housing market in Canada?