News Releases

- Seventy per cent of Canadians give their grandchildren, godchildren, nephews and nieces an average of $100 in monetary gifts annually

- More than two-thirds of Canadian parents are concerned about how they will fund their child's post-secondary education

- Four-year university degrees can cost more than $60,000; could rise to $140,000 for a child born in 2013(i)

- Zykov a leading prospect for this year's NHL Draft; earned QMJHL Offensive Rookie of the Year honors

Atlantic Canadians Encouraged to Review, and Share their Ideas and Input prior to the 4Front Conference on May 30

- Degree and alma mater rank at the bottom, while soft skills emerge at top of list for employers

- Half (51 per cent) of Canadian businesses plan to hire students or recent graduates this year

- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012

- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012

- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results

- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012

- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012

- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results

- Win comes with a $500 team prize, BMO Team of the Week tracksuits and a $500 donation to a charity of the team's choice,

- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment

- However, Canadian economy will likely lag that of the U.S. over the next year

- Gold prices drop, but still overvalued

- U.S. equity markets continue upward trend

- Return on bonds driven more by term exposure than by credit type

- Buying Intentions: Vancouver and GTA homeowners most likely to buy, while intent dips in Calgary

- Price expectations: Most expect property values to increase modestly

- Mortgage affordability: Fewer mortgage holders making cutbacks to afford payments

- Winnipeg Main Branch first BMO branch west of the Great Lakes

- Features interactive heritage display to showcase the story of BMO's development and its contribution to the community

- Calgarians invited to attend community celebration at BMO Crowfoot Branch on Tuesday, May 21

- Blizzard eligible to vie for grand prize of $125,000 to refurbish local soccer field in Calgary

Largest cultural donation in B.C. in BMO Financial Group's History

- Calgarians invited to attend community celebration at BMO Crowfoot Branch on Tuesday, May 21

- Blizzard eligible to vie for grand prize of $125,000 to refurbish local soccer field in Calgary

- Win brings team one step closer to the grand prize which includes a $125,000 prize towards the refurbishment of a local soccer field

- Canadians plan on spending an average of $3,073 on vacations between May and September

- Top vacation concerns include: requiring medical attention, bad weather and losing something of value

- Only half regularly purchase travel insurance before leaving home

- Cost of a broken leg can cost up to US$20,000 in the U.S.; an air ambulance trip from Florida to Ontario can run up to US$15,000

- Home sales: Up 0.6 per cent in April

- Home prices: 20 of the 26 cities reporting price increases over the past year

- BMO recommends prospective buyers stress-test their mortgage at a higher interest rate to ensure sustained mortgage affordability

- First team from British Columbia to be named for 2013 program

- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment

- Almost two-thirds of Canadians feel largely unprepared financially to deal with the unexpected

- Eighty-four per cent believe they would face a major financial hit in the event of disability

- Three-quarters fear the financial impact of divorce or death of a spouse

- BMO recommends that Canadians stress-test their financial plans against unforeseen events

- Report suggests that a continuation of the improved income growth of the past two decades should result in Canada's youth achieving more spending power than their parents in their lifetime

- Improved labour market conditions since the mid-90's - driven by the resource and housing industry - credited for compensation growth

- BMO Business Confidence Report finds one quarter of business owners in Canada expect the size of their workforce to increase in 2013