Robert Somsky, CFP, Private Banker, RBC Wealth Management - Private Banking

04/25/2026

The cost of owning a home in Canada eased for the 8th consecutive quarter in Q4 of last year, but those gains are getting smaller and smaller. RBC Economics’ Robert Hogue looks at local affordability trends from coast to coast in this new report.

Housing affordability continues to improve in Canada. RBC’s national aggregate affordability measure eased for an eighth consecutive quarter to 52.4% in Q4 2025 from an all-time high of 63% at the end of 2023. A fall in the measure represents an increase in affordability.

04/02/2026

Attention Business Owners!
Get started on your sustainability journey and register for a free, online workshop series from our partner

The Climate Action Boot Camp is a free, introductory program from Green Economy Canada to help small and medium-sized enterprises (SMEs) learn about their carbon footprint and the business case for reducing their greenhouse gas emissions.

03/06/2026

Know a woman entrepreneur who's breaking barriers? Celebrate her vision, impact, and leadership by nominating her for the 34th Annual RBC Canadian Women Entrepreneur Awards.

It only takes a few minutes to recognize the women entrepreneurs you admire. Submit your nomination now > https://bit.ly/4rbjMIn

For more than three decades, the RBC Canadian Women Entrepreneur Awards have recognized and celebrated the strides of Canada’s most accomplished, influential, and impactful women. It is the leading women’s awards program in the nation, elevating this group’s important contributions – from...

02/16/2026

Happy Lunar New Year! Wishing you and your family a year of success and endless possibilities!

02/15/2026

Getting ready for your first job? Could you use financial support for post-secondary studies? Want to reskill to meet today’s shifting job market? Learn about the RBC Next Step Scholarships, visit www.rbc.com/scholarships

02/12/2026

This week’s video, join Chief Economist Eric Lascelles as he dives into geopolitical and economic currents:

🏦 Fed leadership shift: Kevin Warsh nominated as Federal Reserve Chair—watch for potential policy changes ahead.
🌍 Geopolitical crosswinds: Venezuela, Iran, and Greenland tensions are reshaping global trade and energy dynamics.
📈 Earnings momentum: U.S. corporate earnings remain strong. Companies beating expectations, with 2027 growth outpacing 2026. AI-driven sectors show margin expansion potential.
🍁 Canadian tailwinds & headwinds: Enhanced GST credits could fuel growth in the second half of 2026, but snap election uncertainty adds complexity.

Tune in to see what’s on our radar this week: https://bit.ly/3Oc18Ct

01/17/2026

In this episode of The Honest Talk, Jennifer Stewart and Catherine Clark sit down with Devinder to talk about the mentors who shaped her career, the courage it took to find and use her voice, and how she’s navigated the weight of expectation throughout her journey.

She also explores how she balances leadership with personal life, and the lessons she’s learned along the way about resilience, confidence, and growth.

Tune in for insights on leadership, resilience, and growth.

We’re thrilled to welcome a true powerhouse in leadership and community impact to the podcast – Devinder Gill. She’s a passionate advocate for diversity, empowerment...

01/14/2026

New year, new read: recently published “Capital Under Pressure”, a must-read for both investors and founders navigating Canada’s venture capital ecosystem, with new analysis on fundraising data from 2025.

From graduation rates and fund concentration to the struggles of emerging managers, the report dives deep into the data to provide exclusive insights into the challenges and opportunities shaping Canadian venture capital.

Key Highlights:
Canadian VC firms raised just over $2B in 2025 – well below Canada’s long-run average. Only 25% of 2021 cohort funds have raised a successor fund within 5 years.
Emerging managers raised a record-low $249M in 2025.
Capital concentration is at an all-time high, with the top 5 funds capturing ~83% of total capital.

Don’t miss out on the insights that will shape how founders and investors navigate 2026 and beyond.

Download the full report now: https://bit.ly/4qWGLra

12/19/2025

This time of year can place extra pressure on families and on the organizations supporting them. To all our partners working to strengthen food security: thank you.
Your dedication and care are helping communities through a challenging season, and we’re grateful.

Food insecurity is a growing and urgent need in our communities and requires more than just emergency food relief. RBC is committing $10 million, as part of its $2 billion community investment by 2035 through RBC, RBC Foundation®️ and RBC Foundation USA to invest in ideas and organizations that aim to improve food distribution and access for under-served communities.

I’m proud to be part of RBC in helping to make a difference through Ideas for People and Planet™️.

Learn more here: https://bit.ly/3NacGFF

12/16/2025

Did you know RBC has supported Rick Hansen since his iconic Man In Motion World Tour began 40 years ago?

Now, in honour of the tour’s 40th anniversary, RBC and RBC Foundation are reigniting this commitment and partnering with the Rick Hansen Foundation to award 40 grants of up to $40,000 to fund community-led accessibility projects nationwide as part of the RBC Barrier Buster Grants program.

1 in 4 Canadians lives with a disability, and removing barriers creates belonging for everyone.

Apply for a grant between December 3, 2025 – March 15, 2026 and be part of the movement towards a barrier-free Canada.
rickhansen.com/BarrierBuster

Are you a school, municipality, community group, or non-profit organization in Canada ready to make your spaces more accessible?  You can apply (before March 15, 2026) for one of 40 accessibility grants of up to $40,000 to complete an access-improvement project in your community.  In honour of the...

12/15/2025

How will the energy sector cope with the massive power demands of AI and data centers? Watch RBC GAM's latest Tech Talk episode to find out : https://bit.ly/48FT3Om