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Canada Day: BMO Takes a Look at What a Difference 145 Years Makes


TORONTO, ONTARIO--(Marketwire - June 29, 2012) - In advance of Canada's 145th birthday, BMO Financial Group takes a look at how the country, and the bank, have changed since Confederation.

"Canada is clearly a much-transformed country since its birth 145 years ago, and BMO has grown along with it," said Paul Taylor, Chief Investment Officer, BMO Harris Private Banking and BMO Global Asset Management. "Our country's modern strengths are clear - we can all be proud of Canada's economic leadership and strong fiscal position, and look forward to increasing economic vigour in the years ahead."

Then and now. A comparative look back:

Item Confederation Present Day
Canadian population 3,463,000 34,837,000
Canadian GDP/capita $3,100 (1870, current $) $56,000
Value of Canadian exports $50.3 million (1866) $44,780 million
Cost of a barrel of oil US$2.41 US$79.44
Cost of an ounce of gold US$18.93 US$1,579
BMO Assets $19.8 million $525.5 billion
BMO Deposits $11.2 million $317.3 billion
BMO Branches 25 1,599
BMO Employees 112 (1856) 46,566

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Media Contacts:
Amanda Robinson, Toronto
416-867-3996
amanda.robinson@bmo.com

Ronald Monet, Montreal
514-877-1873
ronald.monet@bmo.com

Laurie Grant, Vancouver
604-665-7596
laurie.grant@bmo.com
Internet: www.bmo.com