News Releases

- "Upsizers" plan to spend $473,900, while first timers budget average of $312,700

- First timers expect an average $37,500 in financial support from family, while upsizers expect $94,780

- Willingness to enter a bidding war increases significantly from a year ago

- Six-in-ten U.S. parents talk to their child about money; fewer than 40 percent have opened a bank account for them

- One fifth of parents give their child an allowance; most give five or fewer dollars per week

- BMO Harris offers tips to help parents teach financial skills to their kids

Mayor John Tory and Ontario Minister Brad Duguid among dignitaries present at the inauguration of one of Toronto's largest accessible playgrounds

New funds deliver growth opportunities from around the world through either active management of ETFs, or direct equity holdings

- First ever Great Lakes Economic Forum focused on accelerating growth

- BMO Chief Economist Doug Porter to deliver State of the Great Lakes Economy address

- Schools in Alberta and Atlantic Canada join Ontario, Quebec and the Prairies in Talk With Our Kids About Money Day to help champion financial literacy

- Program provides resources for teachers and families to help start and continue conversations about money or personal finances

- Report shows Canadians would rather talk to their kids about the facts of life than finances

- After the initial costs of getting settled, immigrants have less than half of their savings left

- Priorities: More than half use their remaining nest egg to save for retirement; two thirds send money back home to friends and family

- Forty-six per cent reported choosing Canada because it is a safe place to live

-New capabilities will enable clients to trade equities and options, view account holdings, and monitor their portfolios in real-time

-BMO Market Pro equips active traders with valuable tools and information to help them stay on top of the markets

- However, millennials are generally less knowledgeable about specific tax implications when compared to Boomers

- They are least confident in their understanding of how specific types of investment income are taxed

- Fifty-three per cent of Millennials will file their taxes before the deadline, with 44 per cent reporting they have already filed

- New account rewards Canadians who save on regular basis with a market-leading interest rate

- BMO Household Savings Report reveals 19 per cent of Canadians did not put any savings aside in 2014

- Nearly half of Canadians feel they are not on track to meet their savings goals in the year ahead

BMO Wealth Management lines of business recognized for their solutions, global and local expertise, financial planning and client service in Canada and Asia

-Women are the primary breadwinners in over 40 percent of American households but only earn 78 cents for every dollar a man makes

-Two thirds of primary caregivers are women

-The challenges many women face in their personal and professional lives can have negative consequences for their finances

- High-net worth Wisconsin residents plan to retire at an average age of 62 and believe they need $2.3 million for an ideal retirement

- Ninety-five percent want to retire in the U.S.

- Travelling, seeing family and loved ones and focusing on their hobbies are how the affluent in Wisconsin would like to spend their golden years