News Releases

- Calgarians invited to attend community celebration at BMO Crowfoot Branch on Tuesday, May 21

- Blizzard eligible to vie for grand prize of $125,000 to refurbish local soccer field in Calgary

- Win brings team one step closer to the grand prize which includes a $125,000 prize towards the refurbishment of a local soccer field

- Canadians plan on spending an average of $3,073 on vacations between May and September

- Top vacation concerns include: requiring medical attention, bad weather and losing something of value

- Only half regularly purchase travel insurance before leaving home

- Cost of a broken leg can cost up to US$20,000 in the U.S.; an air ambulance trip from Florida to Ontario can run up to US$15,000

- Home sales: Up 0.6 per cent in April

- Home prices: 20 of the 26 cities reporting price increases over the past year

- BMO recommends prospective buyers stress-test their mortgage at a higher interest rate to ensure sustained mortgage affordability

- First team from British Columbia to be named for 2013 program

- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment

- Almost two-thirds of Canadians feel largely unprepared financially to deal with the unexpected

- Eighty-four per cent believe they would face a major financial hit in the event of disability

- Three-quarters fear the financial impact of divorce or death of a spouse

- BMO recommends that Canadians stress-test their financial plans against unforeseen events

- Report suggests that a continuation of the improved income growth of the past two decades should result in Canada's youth achieving more spending power than their parents in their lifetime

- Improved labour market conditions since the mid-90's - driven by the resource and housing industry - credited for compensation growth

- BMO Business Confidence Report finds one quarter of business owners in Canada expect the size of their workforce to increase in 2013