Subsidy Tracker Parent Company Summary

Parent Company Name: 
Royal Bank of Canada
Ownership Structure: 
publicly traded (ticker symbol RY)
Headquartered in: 
Canada
Major Industry: 
financial services
Specific Industry: 
banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$81,962,0445
Federal (grants and allocated tax credits)$1,985,6071
TOTAL$83,947,6516
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$35,369,300,00040
TOTAL$35,369,300,00040
Time Period for State and Local Awards: 

Earliest year of data: 1996. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2014.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

CITY NATIONAL; FERRIS BAKER WATTS; RBC CAPITAL MARKETS; ROYAL BANK OF CANADA

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New Jersey$78,750,0001
New York$3,000,0001
California$197,0442
Maryland$15,0001

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
RBC Capital Markets New Jersey state 2014 $78,750,000 MEGADEAL
RBC Capital Markets, LLC New Jersey state 2014 $78,750,000 tax credit/rebate
ROYAL BANK OF CANADA/RBC CAPITAL MKTS New York local 2002 $3,000,000 grant
City National Bank United States federal 2013 $1,985,607 federal grant
City National Bank California state 2016 $186,904 training reimbursement
Ferris, Baker, Watts, Inc. Maryland local $15,000 grant/loan hybrid program
CITY NATIONAL BANK California state 2005 $10,140 training reimbursement
ROYAL BANK OF CANADA NY BR United States federal 2008 $2,900,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $2,900,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $2,800,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $2,740,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $2,735,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $2,700,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $2,660,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $1,450,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $1,100,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $1,030,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $1,000,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $965,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $935,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $885,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $815,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $800,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $795,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $500,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $494,000,000 federal loan or loan guarantee
City National Corporation United States federal 2008 $400,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $270,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $260,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $250,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $250,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $250,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $250,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $225,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $225,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $225,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2009 $165,000,000 federal loan or loan guarantee
ROYAL BANK OF CANADA NY BR United States federal 2008 $160,000,000 federal loan or loan guarantee
Royal Bank of Canada United States federal 2008 $100,000,000 federal loan or loan guarantee
Royal Bank of Canada United States federal 2009 $99,200,000 federal loan or loan guarantee
CITY NATIONAL BANK United States federal 2008 $9,500,000 federal loan or loan guarantee
CITY NATIONAL BANK United States federal 2008 $8,100,000 federal loan or loan guarantee
CITY NATIONAL BANK United States federal 2009 $8,000,000 federal loan or loan guarantee
CITY NATIONAL BANK United States federal 2008 $5,500,000 federal loan or loan guarantee
CITY NATIONAL BANK United States federal 2009 $5,000,000 federal loan or loan guarantee
CITY NATIONAL BANK California state 2014 undisclosed training reimbursement
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