Phil, Thanks for some excellent research. This material is a good basis to try and understand the issue of the insignia.
Having one of the slip-ons to the Prince Rupert in my own collection, and having seen two others, they do have the appearance of having been worn. However, there is no documentation that the slip-on was manufactured. It is not on the RO of 1942 that lists all the worsted titles authorized to that point, and it was around that time that the coloured shoulder title began to replace the worsted. (One caveat, the coloured shoulder titles were issued in Canada for mobilized units first, not reserve army units.)
Finally, like Bill, I understand that the R stood for Roden.
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