News Releases

- 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