News Releases

- Half of Canadian homeowners expect to be carrying a mortgage into their retirement years

- More than half report that their retirement savings have been impacted by their debt load and their mortgage

- Paying off mortgage prior to retirement can eliminate major debt

- Dragons currently organizing a food bank drive for hampers to be handed out in the community

- Team vying to be 2012 BMO Team of the Week Champion, a title which includes $125,000 towards a field refurbishment

- Vancouver weakening; Toronto strengthening; Calgary a market to watch

- BMO Financial Group to hold conference call on the issues Canadians face regarding mortgages and retirement

- Almost half of Canadians aged 50 to 59 currently have mortgage debt

- Debt is the number one barrier preventing Canadians from saving for retirement

BMO will mark National Aboriginal Day by hosting a celebration of Aboriginal youth and education and making donations to Indspire and FAAY.