News Releases

- Eighty per cent of Canadians will be making at least one resolution for 2014

- More than one-third of all resolutions made will be related to personal finances

- Sixty per cent who have made financial resolutions in the past have kept them

- Eighty per cent of Canadians will be making at least one resolution for 2014

- More than one-third of all resolutions made will be related to personal finances

- Sixty per cent who have made financial resolutions in the past have kept them

- Fifty-two per cent plan on giving money this holiday season; 49 per cent will donate food/other items; 23 per cent will volunteer

- Seventy-seven per cent of Canadians donated in 2013

- Average donation amount in 2013 was $580, up from $557 in 2012

- The majority of Canadians claim to be knowledgeable about the TFSA, however just 11 per cent can identify eligible investments and only 19 per cent know the new annual contribution limit

- TFSA holders plan to contribute an average of $3,625 this year

- Cash is the most common component being held in TFSAs, followed by mutual funds and GICs

- Two-thirds of Canadians believe there will be a market correction in the next decade

- Canadians' interest in purchasing Guaranteed Income Certificates increases significantly as the return on investment also increases

- Many Canadians believe GICs help provide peace of mind and ease of budgeting

- Majority of Canadians wait until the new year to start thinking about their income tax return

- Eighty-eight per cent feel they are familiar with income tax issues

- However, the majority of Canadians remain unfamiliar with key income tax deadlines, including those related to charitable donations, final RRSP contributions and TFSA withdrawals

- Calgary holds title of strongest major housing market while Toronto defies predictions of crash and Vancouver market springs back to life

- Affordability and job growth support Montreal housing market

- BMO Housing Market Scorecard suggests markets favour "buyers'" in Montreal, "sellers'" in Calgary and are generally "balanced" in Toronto and Vancouver

BMO Economics Report 'A Tale of Four Cities' examines the state of Canada's four largest housing markets

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Calgary housing prices sit at an affordable four-times median family income

- Immigrants and young Canadians flocking to the city, drawn by better job prospects and rising wages

- BMO Housing Market Scorecard indicates a "sellers" market for Calgary

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Benchmark prices currently sit at more than six-times the median family income -- pricey for many potential buyers

- Condo prices weaken modestly amidst record supply levels

- BMO Housing Market Scorecard indicates a "balanced" Toronto market

BMO Economics Report "Tale of Four Cities" examines the state of Canada's four largest housing markets

- Vancouver home sales vaulted 50 per cent from earlier lows to near normal levels

- Housing prices sitting at eight times the median income - the highest among the four largest cities

- Vancouver swings from "buyers" market to "balanced" according to BMO Housing Market Scorecard

The strategy's focus will be to identify high growth franchises in order to generate returns through a balance of growth and income and will be led by Christopher Darling