Lobbying registration dated 2026-02-13
Registrant: David McKay
Client: ROYAL BANK OF CANADA
Targeted institutions:
Royal Canadian Mounted Police (RCMP)
Treasury Board Of Canada Secretariat (TBS)
Public Services and Procurement Canada (PSPC)
Indigenous Services Canada (ISC)
Office of the Information Commissioner of Canada (OIC)
Office of the Superintendent of Financial Institutions Canada (OSFI)
Global Affairs Canada (GAC)
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Transport Canada (TC)
Canadian Heritage (PCH)
Justice Canada (JC)
Women and Gender Equality (WAGE)
Finance Canada (FIN)
House of Commons
Natural Resources Canada (NRCan)
Communications Security Establishment Canada (CSEC)
Office of the Procurement Ombudsman (OPO)
Canadian Human Rights Commission (CHRC)
Statistics Canada (StatCan)
Canadian Radio-television and Telecommunications Commission (CRTC)
Canada Industrial Relations Board (CIRB)
Employment and Social Development Canada (ESDC)
Financial Consumer Agency of Canada (FCAC)
Housing, Infrastructure and Communities Canada (HICC)
Agriculture and Agri-Food Canada (AAFC)
Canada Revenue Agency (CRA)
Office of the Privacy Commissioner of Canada (OPC)
Bank of Canada
Privy Council Office (PCO)
Senate of Canada
Health Canada (HC)
Competition Tribunal (CT)
Environment and Climate Change Canada (ECCC)
Canada Mortgage and Housing Corporation (CMHC)
Public Safety Canada (PS)
Prime Minister's Office (PMO)
Innovation, Science and Economic Development Canada (ISED)
Immigration, Refugees and Citizenship Canada (IRCC)
Acts: Canada Deposit Insurance Corporation Act
Privacy Act
Financial Institutions
Personal Information Protection and Electronic Documents Act
Income Tax Act
Proceeds of Crime (Money Laundering) and Terrorist Financing Act
Canada Labour Code
Bankruptcy and Insolvency Act
Bank Act
Canadian Payments Act
Canada Small Business Financing Act
Financial Consumer Agency of Canada Act
Payment Clearing and Settlement Act
Employment Equity Act
Government funding received:
Lobbying activity details:
Financial Institutions, with respect to the Canadian regulatory framework.
Income Tax Act as it applies to corporate taxation, personal taxation, registered saving products, investment and competitiveness.
Discussions to understand and determine the nature of the banking industry’s role in facilitating COVID-19 government benefit programs and about the possible challenges associated with COVID–19.
Prescription drugs - Seeking to raise awareness about prescription drug & workplace benefit coverage.
Canada Labour Code as it applies to banks as employers.
Payment Clearing and Settlement Act as it applies to the five year financial system review.
Over-the-counter (OTC) Derivatives: seeking to void duplicative OTC derivatives regulation and negative effects on the competitiveness of Canadian businesses and further negotiations regarding derivatives regulation with foreign regulators in order to avoid duplication of requirements.
Regulatory review of the proposed acquisition of HSBC Canada.
Support the goals outlined in the National Cyber Security Strategy and collaborate with government, including the Canadian Centre for Cyber Security, to strengthen Canada’s cyber resiliency.
Discussion on public policy options for improving the retirement savings system in Canada and further research needs in this area.
Personal Information Protection and Electronic Documents Act (PIPEDA), the Privacy Act, and any legislation and associated regulations with regard to privacy and security, identity theft risks, use and protection of information.
Bank Act and other financial services legislation as they apply to financial institutions in the context of the five year financial system review.
Financial Consumer Agency of Canada Act as it applies to consumer protection.
Office of the Superintendent of Financial Institutions guidelines with respect to capital adequacy requirements, prudential limits and restrictions, accounting and disclosure, and sound business and financial practices
Canadian Payments Act, as it applies to applicable legislative reviews and the government's Payment's Modernization initiative.
Canada Small Business Financing Act as it applies to credit for SMEs.
Providing input on the development of the Consumer-Driven Banking Framework
Providing inputs on climate standards and disclosures.
Providing input on federal budget measures that may impact the banking sector.
Initiatives related to gender diversity, inclusion and accessibility as they apply to financial institutions.
Providing inputs on Basel III Implementation with respect to capital floor phase-in and risk weights
Discussions on policy options to accelerate clean economic growth, enhance sustainability, and solve pressing environmental challenges.
Federal government programs and policies respecting consumers as they pertain to relationships with financial institutions.
Discussions on policies, legislation, or regulations related to stablecoins and other digital assets.
Work with the government to protect Canadians against fraud and scams.
Policies and programs that affect the Canadian housing market and lending practices.
Discussions on policy options to align employer and workforce needs with education and training; Expanding Work Integrated Learning Opportunities
Financial institutions with respect Canada/US relationship and trade policy.
Advocate for globally competitive  policies that position artificial intelligence as a positive economic driver, and support the responsible development, deployment, and use of AI in business.
Providing input on the prudential regulation of the banking sector.
The Proceeds of Crime (Money Laundering) and Terrorist Financing Act, initiatives for enhancement of reporting mandatory information, and risk assessment methodology.
The financial sector regulatory framework as it relates to electronic payments, credit, debit and interchange rates.
Bankruptcy and Insolvency Act in respect of its implications for banks.
Canada Deposit Insurance Corporation Act as it applies to the five year financial system review.
Employment Equity Act as it applies to banks as employers.
Agriculture support programs as they relate to financial institutions.