RBC helps to address food insecurity as part of $2 billion toward community investment by 2035 Français
$10 million global donation to help feed communities includes employee matching
TORONTO, June 9, 2025 /CNW/ - RBC, RBC Foundation® and RBC Foundation USA announced they are committing $10 million globally to support organizations that are addressing food insecurity in communities, as part of its ambition to address growing inequality. As part of its Purpose Framework, RBC aims to support inclusive opportunities for prosperity, improving the wellbeing and resilience of its communities. This donation announcement forms part of a commitment of $2 billion toward community investment by 2035.
"Strengthening our communities is at the heart of everything we do. Today, the world is navigating challenging times and our role in giving back has never been more important," said Andrea Barrack, SVP, Sustainability & Impact, RBC. "Food security is a growing need and a critical foundation to a thriving community, and we need broader solutions that help meet the needs of today and tomorrow through food storage, supply and distribution solutions, community support and farming innovation."
RBCers have a long history of supporting their communities, whether it's generously donating time, skills or other resources. To support RBC's commitment to help address food insecurity, RBC employees can also get involved through internal programs to match their donations and volunteer with local community partners focusing on food security.
Organizations receiving the funding are in Canada, the US and the UK, and include: Ottawa Community Foundation, Food Banks Canada, Food Banks of Saskatchewan, Fresh Routes, Harvest Manitoba, World Central Kitchen, FareShare in the U.K., among others.
"Canada is in the midst of a food security crisis, and addressing it requires community-level systemic change. Thanks to catalytic investment from RBC, in partnership with the Ottawa Community Foundation, we are launching long-term, sustainable, and resilient local food initiatives in communities across Canada. The initial project with the Ottawa Mission helps grow fresh greens year-round for their food programs while equipping individuals with hands-on farming training. Other Canadian communities are using this project as a template to replicate, fostering public-private-community collaboration to deliver impact and build more resilient communities," said Corey Ellis, Co-founder and CEO, Growcer.
These single and multi-year community investments come at a time when charities and not-for-profit organizations need more support than ever. According to Feed Opportunity, 8.7 million Canadians experienced food insecurity in 2023, a 26 per cent increase from the previous year. The funding is also part of broader efforts at RBC to support inclusive opportunities for prosperity, including financial wellbeing and skill-building.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
rbc.com/peopleandplanet.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Market Online
26 minutes ago
- The Market Online
Market Open: Oil Gains Carry Canada's Main Index Up
Oil prices just keep rising boosting Canada's main stock index with it this morning. Market Numbers (Futures) TSX :Up ( 0.02%) 26,381.08TSXV: Up (0.60%) 725.90DOW: Up (0.04%) 42,813.00NASDAQ: Up (0.19%) 21,862.00 FTSE: Up (0.56%) 8,881.55 In the Headlines: The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, as risks linger that inflation may resurge due to U.S. President Donald Trump's tariff policies. And Canada Post has slammed the brakes on arbitration talks, rejecting the union's terms and plunging the contract dispute into a deepening stalemate with no clear path to resolution. Currencies Update: (Futures) The Canadian dollar is up 0.08% to $0.7311, also climbing by 0.02% to $0.6301 against the Euro and Bitcoin grabs a hold of 1.66% to 149,905.36 Commodities: (Futures) Natural Gas: Down (1.30%), 3.59WTI: Up (0.54%), 65.64Gold: Up (0.32%), 3,338.12 Copper: Down (0.20%) 6.12 To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
Cision Canada
28 minutes ago
- Cision Canada
QSC Receives Frost & Sullivan's 2025 Global Technology Innovation Leadership Award for Pioneering Innovation in AV Communications
QSC is recognized for redefining workplace transformation through its Q-SYS full-stack AV platform innovation, delivering seamless digital integration, AI-powered insights, and industry-leading scalability. SAN ANTONIO, June 10, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that QSC has been awarded the 2025 Global Technology Innovation Leadership Award in the audio-video (AV) communications industry for its outstanding achievements in cloud-based AV integration, strategic platform development, and customer-centric innovation. This recognition highlights the consistent leadership QSC has in delivering breakthrough technologies that enhance operational productivity and redefine user experiences across high-performance workplaces. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: business impact and tech leverage. The Q-SYS platform excelled in both, demonstrating its ability to align product development with evolving enterprise demands while executing with speed, precision, and global scalability. "Q-SYS stands out in the global AV market for its full stack AV platform and a forward-looking technology approach that is based on well-established IT architecture principles, including multimodal I/O, a cognitive cloud, and an intelligent platform OS," said Roopam Jain, VP of Research at Frost & Sullivan. "The company's intuitive, IT-centric approach—powered by AI, cloud architecture, and a commitment to open integration—raises the bar for what's possible in modern workplace technology." Guided by a long-term growth strategy centered on digital transformation and user-driven design, Q-SYS has shown an exceptional ability to lead in a highly competitive and rapidly evolving market. Its strategic agility, bolstered by the acquisition of QSC by Acuity Inc. in early 2025, has enabled the platform to address a broader range of customer needs by aligning AV innovation with smart building systems, including lighting, HVAC, and environmental sensors. Innovation remains central to the Q-SYS approach. Its full-stack AV platform consolidates devices and workflows under a singular operating system that integrates advanced audio, AI-enhanced video, and automated control solutions. Q-SYS Reflect, its embedded monitoring and remote management platform, empowers IT teams with real-time visibility across their AV estate and simplifies system-wide control through a robust API. "The Q-SYS Full Stack AV Platform is shaping the future of intelligent environments by unifying data, devices, and the cloud," said Jatan Shah, President, QSC. "We are proud that our platform has been recognized by Frost & Sullivan for our role in transforming high-performance corporate, hospitality, entertainment, and public spaces." The consistent focus Q-SYS has on delivering exceptional customer experiences further strengthens its market position. By enabling no-code and low-code design tools and offering seamless integration with native and third-party systems, the company empowers IT administrators to deploy and manage AV environments without the complexity historically associated with the industry. Its emphasis on simplicity, reliability, and continuous improvement helps organizations maximize uptime, improve ROI, and elevate the collaboration experience in high-impact spaces and the high-performance workplace. This vision spans the entire work environment, from the lobby to the boardroom and all the spaces in between. Q-SYS technology is transforming traditional office spaces, hospitality, healthcare, education, retail, stadiums/event venues, and more. Each year, Frost & Sullivan presents the Technology Innovation Leadership Award to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The award recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. Frost & Sullivan commends Q-SYS for setting a high standard in competitive strategy, execution, and market responsiveness. The company's long-term vision, robust innovation, and focus on enhancing customer value by delivering scalable, user-friendly AV solutions are driving the next wave of digital workplace transformation. Access the Q-SYS landing page here: About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact: E: [email protected] About Q-SYS Q-SYS is a full stack, audio, video, and control platform built around a modern, standards-based IT architecture. Since 2009, Q-SYS has been focused on delivering personalized, connected, and engaging AV experiences. Our solutions span corporate, education, hospitality, venues and events, government, healthcare, and transportation. By uniting hardware and software partners, developers, and creators, we're redefining what's possible for live and virtual experiences. Q-SYS is part of Acuity Intelligent Spaces, a business segment of Acuity Inc. For more information, visit
Cision Canada
31 minutes ago
- Cision Canada
Olymel to build state-of-the-art integrated plant in Trois-Rivières Français
BOUCHERVILLE, QC, June 10, 2025 /CNW/ - Olymel, the Canadian leader in the production, processing and distribution of pork and poultry meats, today announced the construction of a major expansion of its La Fernandière plant in Trois-Rivières, a major investment of $142 million that will allow Olymel to better serve its customers in Canada and abroad. The work will begin in the next few days, with the start of operations scheduled for spring 2026. The project objectives Olymel is pursuing several objectives with this project and significant gains are expected in the first year of operation. The plant, which essentially manufactures sausages at the present time, will expand production to include a wider range of pork and poultry products. It will also be converted into an integrated facility where products can be fully processed and packaged on site, thus reducing the transport of raw materials, better aligning processes, and strengthening the company's productivity. Finally, this new plant will considerably increase Olymel's production capacity at a time when the organization is aiming to strengthen the positioning of its products across Canada. "We're very proud to announce this major expansion of our Trois-Rivières plant. It's a big step forward for Olymel. Having this state-of-the-art plant will create new possibilities for expansion and significantly improve our efficiency, which is central to our company's performance. The project is perfectly aligned with our strategy of capitalizing on the creation of value-added products made with meat of superior quality that's produced by local farmers," declared Yanick Gervais, CEO of Olymel. A technological trailblazer in Quebec's agri-food industry Innovation will be at the core of the project, with new systems optimized by artificial intelligence. The connectivity of all the equipment and components will be used to ensure optimized operations management. The technologies include a unique industrial battery system, a continuous cooking line, completely autonomous operations (slicing, packaging, boxing and palletizing), and autonomous vehicles, all of which are points of innovation for the Canadian agri-food sector. The modernization of operations will result in more consistent production, to better meet the needs of our customers here and abroad. State-of-the-art equipment will allow the plant to utilize the latest packaging technology, for increased flexibility that fosters the use of eco-friendly solutions. By allying these technologies with our workers' expertise, we will maximize our operational efficiency while placing a premium on the knowledge and experience of our teams. Finally, the plant will serve as an innovation hub for new artificial intelligence solutions that Olymel can deploy elsewhere in its network, with the goal of increasing its productivity and optimizing its operations. A comprehensive approach to sustainable development In terms of occupational health and safety, the new ergonomic equipment will reduce the number of physically demanding tasks for employees, improve employee comfort at operating stations, and free up workers so that they can focus on tasks requiring more precision. Everything in the project was designed to optimize energy consumption, with measures that include heat recovery, net–zero water-based cooking, and a heat exchanger to recover heat from wastewater. On-site industrial batteries will be used to store energy and better manage the plant's power consumption when the grid is at peak demand. The ham cooking systems will utilize closed-circuit water management, which saves much more energy and water. In addition, a primary and secondary water treatment plant will be built on site, along with the necessary retention pond, to manage stormwater runoff. Finally, reduced greenhouse gas emissions from transportation and the improved management of natural gas, refrigerants, electricity, and residual materials will all result in environmental gains. A project that drives prosperity in the Mauricie region Locally, the plant will generate new economic opportunities, including the creation of some 50 direct jobs—bringing the total number of employees up to 400—and many indirect jobs. To help power Quebec's economy, the vast majority of building materials chosen will be made in Quebec. The contractor chosen for the construction work, Construction Bertrand Dionne, is from Drummondville, and the palletizing and boxing services will be designed by Premier Tech, a company from Rivière-du-Loup. Parallel to this project, and with a view to optimizing its operations and capturing the full benefit of the new plant, Olymel will permanently close its Anjou facility (140 employees) and its Cap-de-la-Madeleine facility (150 employees) in spring 2026. All personnel will be offered positions in neighbouring Olymel plants, particularly the newly built facility, which will be located a dozen kilometres from the Cap-de-la-Madeleine plant. Olymel is Canada's leader in production, processing and distribution of pork and poultry meats. Its mission is to feed the world with passion and with products of the highest quality. The company has production and processing facilities in Quebec, Ontario, Alberta, Saskatchewan and New Brunswick, and employs over 12,000 people. It has annual sales of around $4.5 billion. The company markets its products mainly under the Olymel, Pinty's, La Fernandière, Lafleur and Flamingo brands.
