News Releases

- Two-thirds of Canadians say they have an RRSP, up six per cent from 2011

- Three-quarters of those surveyed plan to contribute the same amount or more compared to last year

- Average amount contributed in 2011 was $4,670

- Majority either seldom or never max out their contribution in a given year

- Total unused RRSP contribution amount to exceed $1 trillion by 2018

BMO donates $500,000 to help establish Catalyst's Inclusive Leadership Initiative

- The BMO / Catalyst Inclusive Leadership Practice Centre (ILPC) will draw together corporate leaders who are interested in creating development opportunities that will help emerging leaders build more inclusive workplaces around the globe.

- Centre will employ networking, educational and research opportunities to provide organizations with the necessary knowledge and resources to advance, grow, and sustain dedicated employee resource groups.

- BMO's Institute for Learning (IFL) will be the flagship location for in-person training and certification of these learners.

Savings, paying down household debt and holiday gifts top uses for year-end bonuses

- Twenty-six per cent of working Canadians expect to receive a year-end bonus

- Eighty-six per cent of those who anticipate receiving a bonus believe it will be the same or more than last year

- Half of Canadians who expect to receive a year-end bonus will use it to save/invest or pay down household debt

- New BMO branch represents a $1.2 million investment in the community

- Offering customers extended banking hours, including Saturdays and Sundays

- 'Making Money Make Sense' in seven different languages