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      News Releases

      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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      For further information:
      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