News Releases

- Prices in Florida and Arizona expected to increase steadily in coming years

- Canadians are the largest foreign buyers of Florida housing

- Residents spending time in Canada and U.S. face new government guidelines

- Canadians feel more confident about their personal finance knowledge than ever before

- They're least knowledgeable when it comes to investing

- Overall, Canadians fall short on retirement planning and feel hesitant to discuss personal finance with their children

- One-quarter intend to invest more in their business in 2015

- Fewer entrepreneurs intend to invest in equipment upgrades compared to 2013

- Business owners in Ontario and Atlantic Canada are the most likely to invest in employee training

- Canadians can donate to the fund at branches across Canada

- Other top concerns among the nation's business owners include identifying income options and paying too much tax

- Three-quarters of entrepreneurs are focused on making improvements in their business operations and more than half are seeking to grow their business aggressively

- Majority of entrepreneurs do not have a succession plan in place for their business

- Minimum assets required to open an adviceDirect account lowered to $50,000 (previously $100,000)

- Annual account fees reduced from 1 per cent to 0.75 per cent

- Clients with assets over $500,000 will not pay any incremental fees

- One-quarter would be stretched to afford a home in their current price range, while another one-third would need to consider less expensive options

- Sensitivity to rates magnified in high-priced west coast market

- According to BMO Economics, prices in major markets of Calgary, Toronto, and Vancouver are rising faster than average family income

- BMO recommends buyers stress-test their mortgage against a higher rate to ensure long-term affordability

BMO Youth Campus Amphitheatre Will Be New Outdoor Performance Space