Business
RBC announces $1.5 million annual commitment to help address Canada's skills gap and expand access to education by launching new scholarships
Today, RBC announced the launch of its new RBC Next Step Scholarship suite, a collection of three scholarships designed to support Canadian learners and youth at every stage of their educational and career journeys. The RBC Next Step Scholarships were established in collaboration with Universities Canada to address the dual challenges of an anticipated 15 per cent disruption in Canada's labour force1 over the next 10 years and widening social and financial inequalities that threaten the resilien
About this update from Royal Bank Of Canada
[{"type":"text","content":"The RBC Next Step Scholarships will award more than $1.5 million to 640 Canadians annually to prepare for first jobs, enter post-secondary education, or reskill for new careers","length":196,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Jan. 27, 2026 /CNW/ - Today, RBC announced the launch of its new RBC Next Step Scholarship suite, a collection of three scholarships designed to support Canadian learners and youth at every stage of their educational and career journeys. The RBC Next Step Scholarships were established in collaboration with Universities Canada to address the dual challenges of an anticipated 15 per cent disruption in Canada's labour force1 over the next 10 years and widening social and financial inequalities that threaten the resilience of our communities. Through these scholarships, RBC has committed more than $1.5 million annually in funding to help Canadians prepare for their first jobs, enter post-secondary education, or reskill for new careers.","length":754,"tagName":"p"},{"type":"image","alt":"RBC logo (CNW Group/RBC)","displaySize":"","headline":null,"caption":"RBC logo (CNW Group/RBC)","className":"","disableSlideshowImg":false,"size":{"original":{"width":125,"height":144,"url":"https://media.zenfs.com/en/cnwgroup.com/0eef5dd3c2a9e9d6734750209745e20a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8ws0VEvDQnErs4gQAEcF6A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI0MjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/0eef5dd3c2a9e9d6734750209745e20a","width":125,"height":144}},"href":"https://mma.prnewswire.com/media/2868243/RBC_RBC_announces__1_5_million_annual_commitment_to_help_address.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""At RBC, we believe that inclusive access to education and gaining in-demand skills are two critical drivers of Canada's long-term economic prosperity," said Andrea Barrack, SVP, Sustainability & Impact, RBC. "That's why we're proud to launch three new scholarships designed to support both Canadian youth and lifelong learners at every stage of their career journeys – whether they're looking to secure their first job or seeking to upskill or reskill in a rapidly changing economy. This investment reflects RBC's long-standing commitment to equipping people with the ski...