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Gordon Nixon



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RBC profit down 15 per cent

atHome Top Story (Free subscription) | 3 hours ago

... after-tax reduction of provisions set aside for Enron-related litigation.RBC chief executive Gordon Nixon observed that volatility in financial markets and a weakening global economy resulted in a challenging year for banks worldwide. But he said the Royal's ``disciplined strategy, sound risk management, strong balance sheet and diversified business mix" enabled it to "withstand the...

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Blaze destroys warehouse of Aklavik housing association

CBC.ca (Free subscription) | 26/11/2008

... the fire got pretty hot, and it started spreading pretty rapidly."Housing association manager Gordon Nixon said the warehouse stored all of its maintenance equipment and supplies.Staff will now have to reduce maintenance of their 140 housing units until new supplies can be brought in from Inuvik, about 55 kilometres southeast of Aklavik across the Mackenzie River Delta."Fortunately,...

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Royal Bank expects profits to fall 15%

atHome Top Story (Free subscription) | 24/11/2008

TheStar.com | Business | Royal Bank expects 15% profit dipRoyal Bank expects 15% profit dipTORONTO STAR FILE PHOTORBC CEO Gordon Nixon.Nov 24, 2008 09:43 AM (1) THE CANADIAN PRESSThe Royal Bank of Canada says it expects fourth-quarter profits to come in at $1.1 billion, down 15 per cent from a year earlier, the latest of Canada's big banks to report losses stemming from the shakeup in...