RBC: Fueling Canada’s Future with Empowered Talent

February 3, 2024
1 min read

– RBC Future Launch is a 10-year, CAD$500 million program aimed at empowering Canada’s young people for the jobs of today and tomorrow.
– The program focuses on four primary areas: development of skills, career support, meaningful work experience opportunities, and mental wellbeing support.

Royal Bank of Canada (RBC) is making a significant investment in empowering Canada’s young people through its RBC Future Launch program. The 10-year, CAD$500 million initiative is the bank’s largest-ever commitment to Canada’s future. RBC Future Launch aims to help young people gain access to the skills, job experience, networking solutions, and mental wellbeing support they need to be prepared for the rapidly-changing future of work.

One of the key areas of focus for RBC Future Launch is the development of skills. RBC works closely with community and educational partners to ensure that young Canadians are prepared for employment in a digital age. The program acknowledges the widening digital skills gap and the increasing prevalence of emerging technologies like AI, blockchain, IoT, and quantum computing.

In addition to developing skills, RBC is committed to providing career support for young Canadians. This includes networking opportunities with peers, influencers, and potential employers. RBC recognizes the importance of meaningful work experience and partners with organizations to increase access to work-integrated learning experiences. The program aims to break the cycle of “no experience, no job” by giving young people the opportunity to gain practical experience and build their professional networks.

Mental wellbeing is another key focus area for RBC Future Launch. The program aims to ensure that Canada’s youth have access to adequate mental health support whenever and wherever they need it. This is especially important as the COVID-19 pandemic has negatively impacted the social lives and mental health of many young Canadians. RBC recognizes that mental wellbeing is directly linked to productivity and career prospects and is committed to providing the necessary support.

As part of the RBC Future Launch program, RBC has partnered with Ten Thousand Coffees (10KC), a talent experience platform, to provide mentoring, employee connectivity, and skills development for the BIPOC (Black, Indigenous, and people of colour) community in Canada. This partnership aims to break down barriers and provide mentorship tools for young people as they prepare for the workforce.

Overall, RBC Future Launch is a comprehensive program that addresses the needs of Canada’s young people in preparing for the future of work. By focusing on skills development, career support, work experience, and mental wellbeing, RBC is empowering the next generation of Canadian talent.

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