The PGA Tour, Golf Canada and RBC announced on Friday that RBC extended its title sponsorship of the Canadian Open.

The deal is for five years and will run through the 2017 Canadian Open.

"Our sponsorship of the RBC Canadian Open has been terrific for RBC, the tournament and the communities that benefited from our charitable commitment," said Jim Little, Chief Brand and Communications Officer at RBC. "We are proud to see the tournament back in its rightful place as a prominent stop on the PGA Tour."

This year's event is scheduled for July 26-29.

Sean O'Hair defeated Kris Blanks to win last year's Canadian Open in a playoff.