Mr. David McKay at the Environment and Sustainable Development Committee

On June 13th, 2024. See this statement in context.

June 13th, 2024 / 5:15 p.m.

President and Chief Executive Officer, Royal Bank of Canada

We are very concerned about the overall impact of higher interest rates on Canadians. We're working with Canadians on their mortgages. As you know, mortgage rates and bond pricing are set by the market, at the end of the day. We are working—

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