News Releases

Rising oil production fuels other sectors in Alberta's two major cities

- BMO releases report on Calgary and Edmonton-outlook for economy, housing and labour market

- Unemployment rate expected to drop below four per cent in both cities by 2016, with 120,000 new jobs created

- Pickup in housing demand in Calgary and Edmonton with average prices moving higher

- BMO offering support to Canadian businesses by making an additional $10 billion in credit available over next three years

- Housing and manufacturing sectors showing signs of life

- Americans focusing on increasing household savings and paying down debt

- Foreign markets continue to face a number of fiscal challenges

- Growth in profits will pick up following lower energy and commodity input costs in third quarter

- Stress Testing: Finances are the top concern among post-secondary students

- Student Debt: Majority expect to graduate with upwards of $20,000 in debt; 41 per cent expect paying off student debt to take more than five years