RBC Investor & Treasury Services #rbc #wealth #management #careers


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Our Insights

#RBCDisruptors

The entrepreneurs using artificial intelligence to shape the future of the Canadian economy say we have to start preparing for the consequences of machine learning now.

Advances in artificial intelligence mean computers can now use machine prediction to learn and make decisions on their own, opening the door to a new wave of automation and the threat of computers taking over jobs or at least augmenting human capabilities in ways we can t fully anticipate.

This isn t something that we want to look at five years from now, because it would be way too late, says Noel Webb, founder of Karen.AI, a recruitment startup.

Webb was among a group of AI entrepreneurs who spoke at RBC Disruptors, a monthly forum on technology and how it s changing the way we live and work.

He said advancements in AI could have such a broad impact that every company and government needs to have an AI policy.

We re at a really great fork in the road here, Webb said. The public education system came up back in the first industrial revolution. It s been hundreds of years since we ve had to take a look at what it means to have a future of work.

Webb is part of the first cohort of NextAI, a venture initiative supported by RBC to startups in the field. He was joined on stage by other NextAI entrepreneurs: Shea Balish, founder of fitness-focused REP.ai, and Nima Shahbazi and Krista Caldwell, co-founders of food logistics startup Deepnify.

All four noted the benefits and drawbacks of AI. For consumers, it offers the possibility of an entirely new range of personalized services including self-driving cars and automated personal assistants. For business, AI it offers the potential to improve operational efficiencies, predict consumer preferences and reduce human error.

Webb said AI can actually help humans by augmenting their skills.

His company s software reads every single resume submitted for a job he says companies receive 250 applications for every open position, on average and uses advanced algorithms to sort and filter them. It s far beyond keyword searching. He said Karen.AI s software can even predict personality fits.

The problem that we re solving is basically an administrative task, he said. The recruiter can really focus on what they want to do best: actually interacting with humans and imparting that judgment.

Balish, whose company uses AI to generate three-dimensional graphs from two-dimensional videos of athletes, said Rep.AI s services can save physiotherapists and doctors time during the diagnostic process. Caldwell said Deepnify, which uses advanced AI to optimize logistics and cut waste for fresh food in grocery stores, allows grocery managers to focus on more important work.

Yet AI could also prove destabilizing, accelerating the ongoing process of automation that has affected manufacturing jobs and even broadening it to new forms of work previously thought safe, such as the image recognition algorithms now analyzing X-rays or the natural language algorithms helping lawyers build legal cases.

There will be some job loss, but I think there will be new jobs created in the process, Balish said. It will create an immense amount of value within the economy, so the cost of a lot of things like your vegetables and your daily kind of needs is going to go way down.

Rep.AI s focus is athletics and the market for healthcare, and Balish said that improving health outcomes is one of the most promising areas of AI.

The policies that will be put in place and the foresight that s already being engaged by some of the top leaders in the world is on a positive trajectory, he said. But what I m most excited about is mitigating human suffering, increasing flourishing.

A new generation of AI research was kick-started in 2012 by a scientist working out of the University of Toronto, Geoff Hinton, and other Canadian researchers including University of Montreal s Yoshua Bengio and Richard Sutton made key contributions. Now, their work is the basis for voice assistants like Apple s Siri, the AI algorithms that beat world champions at games like poker and Go, and the self-driving cars already piloting around San Francisco streets.

– John Stackhouse, Senior Vice President, Office of the CEO


10/10/2017

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RV, Motorhome or Camper Insurance Quote – RBC Insurance #rv #insurance


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Car Insurance

  • Car
    Insurance
  • Motorcycle
    Insurance
  • RV Other
    Vehicle Insurance
  • Claims
    Customer Service

From spending weekends in your single-room camper to exploring new places in your luxury motorhome, we can offer the affordable insurance protection you need. We can even insure a snowmobile or ATV, or personal supplies.

  • If you have a camper or trailer that you tow behind another vehicle, we can help you get the insurance you need for your camper or trailer and the car, truck or SUV you use to tow it (6 ). You could even save up to 14% with a multi-vehicle discount (2 ) .
  • If you own a motorhome, we’ll offer the coverage you need to protect your RV as well as the furnishings and appliances that were originally installed in your motorhome.
  • Get an RV or Other Vehicle Insurance Quote

Choosing the right coverage for your RV or other vehicle

For help choosing the right protection, see how much RV insurance coverage you are required to have by law as well as the coverage we recommend:


09/09/2017

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Term Life Insurance Policies – RBC Insurance #term #life #insurance #policy


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Term Life Insurance

You are on: Overview

Why choose term life insurance?

Term life insurance is simple to buy and easy to afford. This makes it the ideal way for young families to get the financial security they need.

Our plans provide protection for 10 to 40 year periods. If you die within the covered period (3). your beneficiaries receive the amount of the policy tax-free (4) and can use this money any way they want. For example, they can use it to:

  • Maintain their lifestyle and pay day-to-day expenses
  • Pay for your children’s education
  • Pay off loans and debts
  • Cover expenses like funeral costs

Select the term that’s right for you.

Term life insurance covers you for 10 to 40 year periods. Coverage automically renews annually after the initial Term until age 100 at which time coverage continues but premiums are no longer required.

You can also convert our term life insurance policies into permanent life insurance or universal life insurance until you are 71 years old without answering questions about your health or taking a medical exam (2) .

How much coverage do you need?

A general rule is 5-7 times your salary. So if your annual income is $40,000, you may want to purchase at least $200,000 in term life insurance.

We offer the following coverage options:

  • RBC Simplified Term Life Insurance
    Coverage under $500,000, with any term between 10 to 40 years.
  • Your Term Life Insurance
    Coverage from $500,000, with any term between 10 to 40 years.

Get Your Quote Today

Start your quote or call us today to apply for the life insurance protection your family needs. After getting a quote, you may be eligible to buy your coverage online.


16/08/2017

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Air Travel Made Easy – RBC Rewards #airfare #and #hotel

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Air Travel Redemption Schedule

Effective as of May 1, 2009

1 Excluding any applicable taxes, surcharges and fees.

The Air Travel Redemption Schedule applies to economy (and select premium economy) class flights only. For guidelines on redeeming for Business Class or First Class flights, please consult our RBC Rewards FAQs section.

The Air Travel Redemption Schedule is available exclusively to RBC Avion cardholders and eligible RBC Banking account holders. RBC Avion cards include:

  • RBC Visa Infinite Avion
  • RBC Avion Visa Infinite Privilege
  • RBC Avion Visa Infinite Privilege for Private Banking
  • RBC Visa Platinum Avion
  • RBC Visa Business Avion

RBC Avion cardholders can purchase additional points to use towards air travel. You must have at least half of the required points for your desired zone booking in order to purchase additional points. The minimum amount of points to purchase is 1,000 and maximum is 15,000, and every 1,000 points costs $40 plus applicable taxes. Please review the RBC Rewards program Terms and Conditions . for more information.

There is a Maximum Ticket Price, (excluding any applicable taxes, surcharges and fees,) in effect for each destination. For example, a shorthaul flight from Vancouver to Edmonton requires 15,000 RBC Rewards points and has a Maximum Ticket Price of $350.

In the event that the base ticket cost exceeds the Maximum Ticket Price (excluding any applicable taxes, surcharges and fees), (for example, if the base fare on a selected shorthaul flight is $400), the additional cost can either be charged to your RBC Avion card or you can use your points to pay the difference at a rate of 100 points = $1.00 CAD.

In addition to the Air Travel Redemption Schedule above, all RBC Rewards credit card holders, including Avion cardholders, may redeem points for an array of travel related purchases including:

  • Flights *
  • Hotels
  • Car Rentals
  • Vacation Packages
  • Pre-Packaged Vacations
  • Cruises

* In addition to the Air Travel Redemption Schedule for Avion cardholders, both Avion and non-Avion cardholders may purchase flights at a rate of 100 points for every $1.00 CAD

Use the formula below to calculate how your points can be redeemed for travel.





09/04/2017

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