David McKay says capacity to advance our economy is stalling
TORONTO — The chief executive of Royal Bank of Canada, the country’s biggest lender by market value, said on Thursday that Canada’s struggle to compete with global peers is hurting its ability to grow the economy.
When I travel overseas, I often hear concerns from investors about Canada's falling position in the world “Our competitiveness is challenged. Our capacity to grow and advance our economy is stalling,” said RBC Chief Executive Dave McKay, in prepared remarks for shareholders at the company’s 150th annual meeting, in Halifax, Nova Scotia.“When I travel overseas, I often hear concerns from investors about Canada’s falling position in the world,” McKay said.
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