FINANCIAL_SERVICESAPPROVED

Township of Edwardsburgh/Cardinal Awards Financial Services Contract to RBC (June 2026)

Edwardsburgh Cardinal Council approved a one-year fixed financing arrangement with RBC for $7,692,121.20 at 3.78% interest to fund the land bank acquisition. The decision secures short-term borrowing for the municipality’s strategic land purchase.

Status
APPROVED
Document date
June 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
RBC
Agency
Township of Edwardsburgh/Cardinal · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$7,692,121.20 at a rate of 3.78%
Contract type
FINANCIAL_SERVICES
Contract term
1-year fixed financing
Renewal date
2027-05-25
Renewal
One-year fixed term financing for the land bank acquisition; renewal or refinancing options after the one-year term are not specified.
Document type
Agenda
Source document
Township of Edwardsburgh Cardinal Agenda 2026-06-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Edwardsburgh/Cardinal?

RBC was awarded this financial services contract by Township of Edwardsburgh/Cardinal, as recorded on June 29, 2026. The contract value is $7,692,121.20 at a rate of 3.78%.

How much is the RBC contract with Township of Edwardsburgh/Cardinal worth?

The RBC contract with Township of Edwardsburgh/Cardinal is valued at $7,692,121.20 at a rate of 3.78%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Township of Edwardsburgh Cardinal Agenda 2026-06-29 (Agenda), dated June 29, 2026 from Township of Edwardsburgh/Cardinal. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does RBC hold?

RBC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Township of Edwardsburgh/Cardinal currently buying?

Explore Township of Edwardsburgh/Cardinal's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Township of Edwardsburgh/Cardinal's profile

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