News Releases

BMO Bank of Montreal Survey Shows Canadians Overwhelmingly Agree That Running a Family Farm is a Difficult Job

- Regional differences: Ontario buyers most likely to stay the course, those in B.C. will wait longer, while buyers in Prairies and Quebec to buy sooner

- BMO Chief Economist says housing market has stabilized following new rules

- BMO encourages first-time buyers to stress-test their mortgage to ensure they can afford housing costs regardless of a rise in interest rates

- Report reveals why Canadians feel motivated to buy and eat local food

- Locavore movement - those who make an effort to eat locally - happening across the country

- Regional differences: Albertans buying beef; Quebecois choosing cheese; Ontarians wanting wine; Atlantic Canada feeding on fish

- Eighty percent of Canadians with a will have chosen a family member as their Executor

- Know your role: Executors of a will must carry out close to 70 separate duties

- Summer months are an ideal time to consider who your Executor could be and discuss the topic with him/her

- Majority of first-timers are taking steps to stress-test their mortgage

- According to BMO Economics, rate hikes expected to start in the second half of 2014

- Three-quarters plan to "stress-test" their first mortgage against a higher interest rate