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Sign InRoyal Bank of Canada (RBC) has announced a commitment of up to C$1 billion to support the growth of homegrown Canadian companies. This strategic initiative is designed to shift the current trend of entrepreneurs seeking foreign capital, which often leads to companies relocating outside of Canada. The bank plans to focus its deployment on critical sectors such as defense and infrastructure through a combination of lending and advisory services. By providing these resources, RBC aims to ensure that domestic firms can scale effectively within the home market. This move is expected to strengthen RBC’s domestic market position while fostering long-term economic stability. Analysts view this as a bullish signal for the bank's integration into the Canadian innovation ecosystem. The program underscores a broader effort to retain intellectual property and corporate leadership within the Canadian borders.