News Releases

BMO Economics forecasts wine sector will continue to outpace other alcohol sales

85 per cent of businesses have no contingency plan developed in case of a major environmental disaster

BMO will issue a financial tip each day throughout the month of November

BMO Forecasts Canadian Retail Sales will be up by 2 per cent this October

- Most popular Fall renovation projects include bathroom, kitchen and bedroom

- More than half plan to spend less than $1,000; one-third expect to spend up to $5,000

- Canadians relying mostly on savings to fund renovations; taking a DIY approach to save money

- Site will help Canadians feel more confident about their financial situation; offers a variety of online calculators, worksheets and checklists

- New study from BMO indicates that almost two-thirds of Canadians have a financial plan, up 10 per cent from 2010

- Of the 36 per cent who don't have a plan, most say they don't know where to start and/or feel they don't have enough money to start a plan

- Six in ten business owners plan to charge the same amount next year

- Prices expected to rise an average of 1.3 per cent in 2013

- Businesses in Alberta, and those operating in the services, manufacturing, and construction sectors are the most likely to raise prices

- Increasing volume and better use of technology seen as more effective strategies to increase business value than raising prices

- RDSPs can help provide financial security for individuals with disabilities

- The program combines the advantages of tax deferred investment growth with the opportunity to receive government subsidies

- However, despite the many advantages of RDSPs, only 13 per cent of Canadians with disabilities have an RDSP account