Next, the Most Outstanding Young Leader will be selected following a round-table discussion by this year's nominees in May. Winners will be announced at a gala Awards Ceremony on June 10, the eve of RBC Blue Water Day. On June 11, RBC and RBTT employees worldwide will observe RBC Blue Water Day to raise awareness of the significance of water and promote its sustainability. At RBC and RBTT, water protection is a major focus. Through the RBC Blue Water Project, the bank has pledged Can$50 million in grants over ten years to non-profit organisations that support research and projects that protect watersheds and provide or ensure access to clean drinking water. Since 2007, Can$25 million in grants have been disbursed.