RBC equipment facility replaced by new TD credit line

The City is replacing an unused revolving equipment financing facility with Royal Bank of Canada by establishing a new $2,000,000 equipment facility at TD Canada Trust. This shift consolidates the City’s borrowing under its new primary banking relationship.

Document date · June 22, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

RBC facility to be effectively closed as part of the banking transition; no renewal or further use expected.

Document type

Agenda

Source document

City of Elliot Lake Agenda 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Elliot Lake?

Royal Bank of Canada (rbc) was awarded this financial services contract by City of Elliot Lake, as recorded on June 22, 2026.

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 City of Elliot Lake Agenda 2026-06-22 (Agenda), dated June 22, 2026 from City of Elliot Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Royal Bank of Canada (rbc) hold?

Royal Bank of Canada (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.

View Royal Bank of Canada (rbc)'s profile

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