News Releases

Analysts will participate in conference call with Q&A at 4:30 p.m. EDT to discuss highlights

Canadians say they'll spend more this year on back-to-school purchases but students say they intend to make greater use of savings cards and saving programs to tackle expenses

- Most students (56 per cent) will take advantage of discount and reward programs to lower their day-to-day living expenses

- On-line or in-store deals, Student Price Card (SPC Card) affiliations, most likely programs to generate patronage from students

- 40 per cent of students say retailers should use more technology in-store to help them find out about deals

- 59 per cent of students say online deals would drive them to make a purchase online

- Two-thirds feel prepared to handle their financial obligations in the event of a change in job status, change in financial situation, or unforeseen financial emergency

- More than half have more than three months of savings; 49 per cent have access to more than $5,000

- However, one-quarter would be unable to survive financially for more than three months on their rainy day fund

- New BMO branch represents a $1 million investment into the community

- 'Making Money Make Sense' in nine different languages

- Offering customers extended banking hours; seven days a week

- BMO Economics forecasts 120,000 new jobs to be created in Calgary and Edmonton over the next four years