RBC Capital Markets, as part of its broader commitment to ethical business practices, issued a statement reaffirming its stance against modern slavery. The announcement detailed enhanced Code of Conduct measures, including targeted training for employees and supply chain managers to mitigate risks of forced labour and child labour. It also underscored robust reporting mechanisms and supplier screening procedures, evidencing a proactive approach to upholding human rights in its operations.

RBC Capital Markets was revealed to have spent $180,000 on lobbying in Q4 2024, focusing on issues including capital framework, liquidity requirements, deposit insurance, tax reform, and regulatory rules related to treasury clearing and insider trading disclosure. Such targeted lobbying efforts suggest an attempt to shape policies in a manner that prioritizes corporate interests at the potential expense of public accountability, aligning with broader authoritarian economic agendas.

A federal judge granted summary judgment in favor of RBC Capital Markets in the case brought by an ex-branch manager alleging racial discrimination and retaliatory firing. While the ruling indicates that the evidence did not support claims of discriminatory labor practices, the allegations themselves raise concerns from an anti-fascist perspective regarding worker rights and internal biases.

RBC Capital Markets has released a series of reports outlining its commitment to diversity, employment equity, indigenous partnerships, and overall corporate citizenship. These initiatives illustrate a proactive approach to ethical responsibility that counters authoritarian and fascist tendencies by promoting social inclusion and labor rights.

RBC Capital Markets, as part of its parent organization, disclosed in March 2023 detailed information on its lobbying and political contributions. The statement reveals complex relationships with trade associations and third-party influencers which are used to shape policy debates, including those related to climate change, raising concerns over corporate complicity in exerting undue political influence that can reinforce authoritarian practices.

RBC Capital Markets, through its affiliated RBC Wealth Management, has implemented a comprehensive Equal Employment Opportunity and Non‐Discrimination Policy. The policy emphasizes affirmative action, diversity, and fair employment practices, reflecting a commitment to labor rights and ethical business practices that stand in stark opposition to discriminatory and authoritarian practices.