Analysis and discussion of non-markt and market behaviours, economic Term Paper

Analysis and discussion of non-markt and market behaviours, economic analysis of behaviour - Term subject ExampleIts impact on RBC and various strategies adopted by the company because of those economic impacts on the organization has also been discussed in this study. The role of cooperative and political behaviors in relation with the market ground behaviors of RBS has been studied. Different strategies and policies that suck up been employed by RBC or are planning to employ have also been included in this study. Table of Contents Table of Contents 3 Canadian thriftiness An Overview 5 monetary Sector in Canada An Overview 6 Royal Bank of Canada 7 Stakeholders of RBC 8 Clients 8 Employees 9 Shareholders or Investors 9 SRI Community 10 Suppliers 10 Governments 10 Environmental NGOs 10 Economic and Regulatory Environment of RBC 11 Canada 11 United States 11 Europe 12 Financial Markets 13 Regulatory Environment 13 Economic Impact 14 Corporate Strategies by RBC 15 Corporate Govern ance 15 Risk Management 17 Policies and Procedures 17 coarse Funds and Governance 18 References 19 Canadian Economy An Overview The economic system of Canada is very more than similar to that of United States of America. The industrial society of Canada is high tech in nature and is quite stiff in its resources. The standard of living of the people is quite high. thither has been a epochal growth in various industrial sectors of Canada like mining, manufacturing, services sector, etc. after the end of World War II in the year 1945. It has resulted in the transformation of the Canadian economy which was rural in nature into an urban and industrial economy. United States serves as the main trading partner of Canada. There have been various trading agreements between these two countries recently like the North American discontinue Trade Agreement (NAFTA) and Canada-US Free Trade Agreement (FTA). This has helped in the development of economic integration and mess between the two countries to a considerable amount. Three-fourths of the exports generated from Canada are accounted through a substantial amount of surplus in trade with US. Canada is amongst one of the largest supplier of oil, gas, electrical power and other energy sources for United States. Canada managed to have a significant growth in its economy during the period of 1993 to 2007 because of its varied natural resources, modernized plants and labor forces which are highly skilled in nature. At the end of the year 2008, Global Financial Crisis (GFC) had an adverse effect on the Canadian economy and it went into economic recession. In 2009, the country experienced fiscal deficit for the first clip in 12 years time. However the major banks in Canada have managed to recover for the ill set up of recession because of its tradition of having strong capitalization and lending practices which are highly conservative in nature. There has been a marginal growth of Canadian economy in the years 2010-20 11. By 2005 it is supposed to be able to balance its budget. The petroleum sector of the country is growing at a rapid whole tone because of the discovery of many new natural oil reserves in Canada. Canada is ranked in the third position in the world with regards to the volume of oil reserves present in the country (CIA, 2012). Financial Sector in Canada An Overview The financial services sector of Canadian economy consists of banks, loan companies, trusts, insurance companies, denotation unions, securities dealers, companies of mutual funds, leasing companies, insurance agents, financial advisors, different types