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| Ontario, Canada                                                           |   | 98-1056093                           |
|---------------------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of  incorporation or organization)      |   | (I.R.S. Employer Identification No.) |
|                                                                      |   |                                 |
| 155 Wellington Street, West, 14th Floor, Toronto, Ontario, Canada M5V 3K7 |   | M5V 3K7                              |
| (Address of principal executive offices)                                  |   | (Zip Code of Registrant)             |
| Title of each class | Name of each exchange on which registered |
|---------------------|-------------------------------------------|
| None                | None                                      |

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| Large accelerated filer o                                             | Accelerated filer o         |
|-----------------------------------------------------------------------|-----------------------------|
|                                                                  |                        |
| Non-accelerated filer x (Do not check if a smaller reporting company) | Smaller reporting company o |

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|  | (A) | Item 1 Business. |
|--|-----|------------------|

|  | (B) | Item 1A Risk Factors. |
|--|-----|-----------------------|

|  | (C) | Item 2 Properties. |
|--|-----|--------------------|

|  | (D) | Item 3 Legal Proceedings. |
|--|-----|---------------------------|

|  | (E) | Item 4 Mine Safety Disclosures. |
|--|-----|---------------------------------|

|   | (A) | Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|  | (B) | Item 6 Selected Financial Data. |
|--|-----|---------------------------------|

|  | (C) | Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations. |
|--|-----|-----------------------------------------------------------------------------------------------------|

|  | (D) | Item 7A Quantitative and Qualitative Disclosures About Market Risk. |
|--|-----|---------------------------------------------------------------------|

|  | (E) | Item 8 Financial Statements and Supplementary Data. |
|--|-----|-----------------------------------------------------|

|  | (F) | Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. |
|--|-----|----------------------------------------------------------------------------------------------|

|  | (G) | Item 9A Controls and Procedures. |
|--|-----|----------------------------------|

|  | (A) | Item 10 Directors, Executive Officers and Corporate Governance. |
|--|-----|-----------------------------------------------------------------|

|  | (B) | Item 11 Executive Compensation. |
|--|-----|---------------------------------|

|  | (C) | Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. |
|--|-----|---------------------------------------------------------------------------------------------------------|

|  | (D) | Item 13 Certain Relationships and Related Transactions, and Director Independence. |
|--|-----|------------------------------------------------------------------------------------|

|  | (E) | Item 14 Principal Accountant Fees and Services. |
|--|-----|-------------------------------------------------|

|  | (a) | (1) Not applicable. |
|--|-----|---------------------|

|  |  (b) | The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index. |
|--|-----------|-----------------------------------------------------------------------------------------------|

|  |  (c) | None. |
|--|-----------|-------|

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|   |                   |            | RBC COVERED BOND GUARANTOR LP                            |
|--------|------------------------|-----------------|---------------------------------------------------------------|
|   |                   |            | (Issuing entity)                               |
| Date:  |  January 30, 2017 | By:   | ROYAL BANK OF CANADA                                     |
|   |                   |            | (Depositor)                                                   |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            | /s/ James Salem                                               |
|   |                   |            | (Signature)James Salem Executive Vice-President and Treasurer |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            |                                                          |
|   |                   |            | /s/ David Power                                               |
|   |                   |            | (Signature)David Power Vice-President, Corporate Treasury     |

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| Exhibit 31   |   | Certification of Senior Officer in Charge of Securitization of the Depositor Pursuant to Rule 15d-14(d).                                                       |
|--------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         |   |                                                                                                                                                           |
| Exhibit 33.1 |   | Report on Assessment of Compliance with Applicable Servicing Criteria for Covered Bonds by Royal Bank of Canada.                                               |
|         |   |                                                                                                                                                           |
| Exhibit 34.1 |   | Attestation Report on Assessment of Compliance with the Servicing Criteria for Covered Bonds by PricewaterhouseCoopers LLP, on behalf of Royal Bank of Canada. |
|         |   |                                                                                                                                                           |
| Exhibit 35.1 |   | Annual Servicer Compliance Statement of the Servicing Party for the period ended October 31, 2016.                                                             |

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