Toronto Board of Trade

Toronto Board of Trade

January 22, 2007 09:29 ET

RBC NEW PRINCIPAL SPONSOR OF TORONTO BOARD OF TRADE

Canada’s largest local chamber, largest bank announce partnership

Attention: Business/Financial Editor, City Editor, News Editor, Government/Political Affairs Editor TORONTO--(CCNMatthews - Jan. 22, 2007) - The Toronto Board of Trade and RBC Financial Group announced today that they have reached a multi-year sponsorship agreement, making the bank a Principal Sponsor of Canada's largest local chamber of commerce. RBC becomes the fourth Principal Sponsor in the Board's unique sponsorship model, joining Accenture, Samsung Canada and National Post. Financial details of the agreement were not disclosed.

The bank, which recently celebrated its 50th anniversary as a Toronto Board of Trade member, also becomes title sponsor of the RBC Business Owners Program, aimed at helping small and medium sized business owners succeed.

"All of our members, particularly the thousands who own smaller businesses, will benefit from this new sponsorship," said Board of Trade Interim President Grant Humes. "RBC's involvement and support will enable us to continue improving our programs and services for business owners, as well as our activities as a networking hub and advocacy voice for the Toronto business community."

"Partnering with the Toronto Board of Trade is another way for RBC to contribute directly to the success of business owners," said Jennifer Tory, Regional President, Greater Toronto Region, RBC, "The RBC Business Owners Program at the Board will help entrepreneurs forge new relationships, learn new skills, develop their companies and contribute to building a better Toronto."

Royal Bank of Canada (RY on TSX and NYSE) uses the initials RBC as a prefix for its businesses and operating subsidiaries, which operate under the master brand name of RBC Financial Group. Royal Bank of Canada is Canada's largest bank as measured by market capitalization and assets, providing personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. The company employs approximately 70,000 full and part-time employees who serve more than 14 million personal, business and public sector clients through offices in North America and some 30 countries around the world. Please visit www.rbc.com.

The Toronto Board of Trade is the champion of a competitive and vibrant Toronto with a mandate to serve, represent and unite the city's business community. Founded in 1845, Canada's largest chamber of commerce operates at five locations across Toronto. Further information about Board events, policies, advocacy and products is available on its website at www.bot.com. Commentary from Board executives can be found on the Board Blog at www.bot.com/blog. /For further information: www.bot.com/media/ IN: ECONOMY, FINANCE, POLITICS

Contact Information

  • Glen Stone, Public Affairs Manager, Toronto Board of Trade
    Primary Phone: 416-862-4565
    E-mail: gstone@bot.com