News Releases

- One-quarter would be stretched to afford a home in their current price range, while another one-third would need to consider less expensive options

- Sensitivity to rates magnified in high-priced west coast market

- According to BMO Economics, prices in major markets of Calgary, Toronto, and Vancouver are rising faster than average family income

- BMO recommends buyers stress-test their mortgage against a higher rate to ensure long-term affordability

BMO Youth Campus Amphitheatre Will Be New Outdoor Performance Space

- Real GDP growth of 1.0 per cent expected in 2014, 0.8 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.5 per cent in 2015)

- Healthy longer-term prospects for offshore oil, hydro

- Consumer spending, housing market trends outperforming Atlantic Canadian peers

- Real GDP growth of 2.2 per cent expected in 2014, 2.4 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Manufacturing should receive boost from weaker dollar, stronger U.S. demand

- Oil production up fourfold since start of 2000s

- Real GDP growth of 1.6 per cent expected in 2014, 2.1 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Shipbuilding contract should start producing in 2015

- Offshore oil and gas exploration picking up

- Real GDP growth of 1.0 per cent expected in 2014, 2.7 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Oil sector now 20 per cent of province's GDP

- Population growth strong; labour market making case for national lead

- Real GDP growth of 1.8 per cent expected in 2014, 2.0 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Stable political landscape should support business confidence and investment

- Exports to benefit from lower dollar and stronger sales to the U.S.

- Real GDP growth of 1.3 per cent expected in 2014, 1.7 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Tourism stronger, weaker loonie figures

- Exports rose 20 per cent year-over-year in August, led by aerospace, food and agriculture

- Real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015

- Alberta to lead the country, but growth gap is set to narrow

- Real GDP growth of 1.3 per cent expected in 2014, 1.7 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Private sector capital spending expected to expand modestly in 2014

- Higher Exports, Capital Spending to Support Growth in New Brunswick

- Forestry exports get boost from U.S. housing recovery

- Real GDP growth of 3.5 per cent expected in 2014, 2.9 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Energy sector remains key driver, and key risk

- Population growth similar to rates seen at height of pre-recession boom

- Real GDP growth of 2.3 per cent expected in 2014, 2.5 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Housing market strengthening, particularly in Vancouver

- Real GDP growth of 2.0 per cent expected in 2014, 2.4 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Stronger performance expected for exports and manufacturing

- Housing market remains strong in Toronto

- Prices in Florida and Arizona expected to increase steadily in coming years

- Canadians are the largest foreign buyers of Florida housing

- Residents spending time in Canada and U.S. face new government guidelines

Report shows deep gulf between the boom-time conditions in Calgary, Toronto and Vancouver, and the lacklustre activity almost everywhere else

Champions celebrated at special fifth anniversary conference and gala

- Thirty-nine per cent of small business owners have hired an employee with a disability, up from 29 per cent in 2013

- Almost 90 per cent of small business owners agree that workplace diversity is an asset but just 36 per cent report having a diversity program in place

- October is National Disability Employment Awareness Month

- More than half of Canadians stayed on budget

- Overspending averaged $1,165, with vacations leading the way

- Result means some consumers will have to cut back on winter holiday spending

- Canada leads G8 in proportion of residents born outside the country

- Almost half of new Canadians identified finding a job as the top challenge they face after arriving in the country

- More than 80 per cent of new Chinese-Canadians and South Asian-Canadians are focused on having enough money to cover daily expenses as their top financial priority

- Majority of business owners' expect their business to grow in 2015

- Business owners in British Columbia have the highest Confidence Index score heading into this fall

- More than half of Canadian businesses believe 2015 will be better

- Program has raised C$15 million in 10 years

- Program donates trading commissions from Canada, the United States and Europe

- Q2 growth hits 4.6 percent; BMO revises Q3 GDP growth estimate to 3.2 percent

- Slower economic growth around the globe will not derail U.S. momentum

- Global GDP forecast to increase in 2015 to just above 3.5 percent

Up to 100 Canadian legal and business decision-makers intent on growing diversity in their firms will gather in Toronto to discuss building a more diverse and inclusive workplace

- Two-thirds of business owners use mobile devices to run their company

- BYOD: Even split on companies providing a mobile device compared to those asking employees to bring their own device

- Canadian companies say costs, security weighed when considering BYOD policies

- BMO will donate the institutional equity trading commissions it earns on Sept. 24 to several charities

- More than C$13.4 million has been raised through the program since 2005

- BMO adds London commissions to trading-day drive

- Four in ten buyers have increased their price point by 21 per cent

- Preference for condos and detached houses fall, as semi-detached rises

- Ontario, B.C. and Alberta expect to spend more than national average

- BMO calls on Canadians to nominate their top community soccer coaches

- Coaches have a chance to win $1,000 for their teams

- Winners will be chosen by a panel of judges from the Vancouver Whitecaps, Toronto FC, Montreal Impact and Women's National team

- BMO releases report on outlook for economy, labour market and housing market in Halifax

- 6,000 jobs are expected to be created through 2016

- Sixty-eight per cent of women feel confident when investing, versus 83 per cent of men

- Almost 60 per cent of Canadians believe society supports men over women with respect to investing

- Women tend to make more informed decisions and report being more conservative investors than men

New offerings are ideal choices for younger Canadians looking for affordable, convenient insurance policies

- Sensational international equestrian competition ends in pride and happiness at Spruce Meadows with a second win for the Canadian team at the BMO Nations' Cup.

- Despite several inches of snow that fell just a few days prior to the competition, 80,253 dedicated fans showed up for the 2014 event.

- The majority have dipped into their fund for a non-emergency

- Women more likely to dip into their fund, but men dip in for much more

- Media are invited to attend this annual event showcasing a number of leading companies in the for-profit education industry

- Panel discussions on a number of topics ranging from the impact of technology on the industry to international opportunities

- Luncheon panel with executives of the world's largest educational publishing companies

- The largest and longest-running institutional investor conference focused exclusively on the education sector

- Top honour awarded to BMO Harris Private Banking for the fourth year in a row

- Strong performance and outstanding client service among the key factors that set it apart as a leader in the Canadian private banking sector

Germany defends its two-year championship title in $300,000 show-jumping team event

- The majority has under $10,000 set aside for a financial emergency

- A quarter of Canadians have one month or less in savings

- Report reveals variances for regions and income levels

- Best Practices in Law Department Diversity

- Best Practices in Compliance Systems

- Attendance by institutional investors & real estate CEOs and CFOs from the U.S. and Canada

- Keynote addresses by renowned investor Sam Zell and Edward Sonshine, CEO of RioCan REIT-Canada's largest REIT

- Graduating student artists from across Canada will display their award-winning work at the Museum of Contemporary Canadian Art (MOCCA) in Toronto from October 2 to 26, 2014

- Media and industry invited to launch event on Wednesday, October 1, 2014

- Two thirds of graduating students believe their degree will lead to a job that allows them to buy a house and support a family

- Graduating students discover they didn't incur as much debt as they may have thought in first year

- First year students more optimistic on 'life after graduating' than fourth and fifth year students

- Flexible work hours, and education, training and development top the list

- Retention-promoting strategies vary based on company size; large organizations more likely to offer various employee retention strategies

- Debt levels and stress impact the young and old

- 35 - 54 year olds hold highest debt levels, but majority don't feel stressed

- Majority of Millennials feel debt-related stress is the source of missed activities, lost sleep and arguments

- S&P 500 expected to gain upwards of 7 per cent by next year

- Financial and healthcare sectors will lead the way

- Since March 2009, S&P has rallied nearly 200 per cent

- Student assistance programs (18 per cent), child's savings (17 per cent) and scholarships (11 per cent) identified as other sources of funding

- Seventy per cent of parents are worried that their children will not be able to afford university or college

- Two-thirds of parents have opened an RESP, up from 52 per cent in 2012

- One of the busiest shopping periods of the year

- Only one-third of post-secondary students relying on family and friends for financial assistance

- BMO Economics: total retail sales are expected to climb 3.5 per cent to 4 per cent this back-to-school season

Ground-breaking poster campaign garnering global attention

- $818,000 is the Average Amount This Cohort Feels They Need to Have for Retirement, but the Average Amount They Have Saved to Date is Just $258,000

- More Than Half Are Currently Caring for Children, Aging Relatives, or Both

- Seventy-Six per cent Feel That the Stress of Everyday Living is Impacting Their Ability to Meet Long Term Financial Goals

- However, the Good News Is This Cohort Has Years to Make Up for the Shortfall

- Service sector job growth has led the way; manufacturing industry expected to pick up

- BMO Hiring Report shows large businesses more likely to expand their workforce than small businesses

- Alberta businesses lead the way on plans to increase size of workforce in 2014

Simon Fish Named Among Top 25 Most Influential Lawyers in Canada

More Canadians Have a Mortgage, Fewer With Credit Card Debt and Student Loans Unchanged

- Alberta has the highest household debt, Quebec has the lowest

- Ontario and Prairies have decreased household debt from last year

- More Canadians with a mortgage as Millennials entering the housing market

- Six-in-ten Canadians will be reducing their summer driving

- Over half will opt for a staycation to reduce travel costs

- Millennials summer plans are the most impacted by rising costs

- Inflation-adjusted hog prices highest since 1990s; cattle prices highest since 1980s

- Rising red meat prices to cost Canadian households more than $100 on average

- Consumers paying double-digit year-over-year increases for beef and pork in grocery stores

- Pork prices should fall later this year; beef prices likely to drop in late 2015

- National winner receives $10,000 and 12 regional winners from across Canada awarded $5,000

- 13 winning works showcased October 2 to October 26, 2014 at Museum of Contemporary Canadian Art, Toronto

- Professional services sector comprised of specially trained professionals: pharmacists, veterinarians, architects, engineers and lawyers

- Investing in the professional services industry most attractive to business owners aged 18-39

- BMO Economics: Professional services sectors has grown at a rate of 3.1 per cent over the past 15 years, a full percentage point faster than rest of the economy

- By 2061, there will be more than 78 thousand centenarians living in Canada

- Greatest concern among Canadians when thinking about living to 100 is losing their mental abilities

- Three-quarters feel that health/medical costs will have the biggest financial impact on their senior years

- Canadians expect to spend an average of $5,391 a year on out-of-pocket medical costs after the age of 65

- Pent-up demand in U.S.; average vehicle age is more than 11 years old

- Canadian buying preferences starting to mirror U.S; more vehicles per household

- Auto sector expected to remain on upward trajectory for the next few years

- Canadian ETF market currently stands at $70.1 billion in AUM, up more than 11 per cent from year end 2013

- International efficiencies, rise of smart beta ETFs, and increased competition have fueled industry in 2014

- Trends moving forward will include growth in ETF-based portfolios

- Seventy per cent of Canadians are not fully confident with their amount of life insurance coverage

- Eighty-eight per cent are not very familiar with the different types of life insurance options available

- Almost two-thirds believe that you should buy a life insurance policy as early as possible to take advantage of low premiums

- Donation will help fund the improvement of hospital treatment and recovery rooms, rehab centres, children's clinics and outdoor play zones

- Former NHL player Adam Graves is co-founder of Smilezone Foundation

- Alberta on track for 3.5 per cent GDP growth for 2014, compared to 2.2 per cent for Canada

- Calgary housing market will remain the strongest in Canada over the next year

- BMO sees strong opportunity for engineering companies supporting energy and agriculture sectors

- Webpage will help educate women who are considering a career in investment advisory to understand better what the role entails

- The site will also provide tools and a supportive platform to assist existing female investment advisors build successful practices

- Eighty-nine per cent of Canadian women feel that the financial services industry should be doing more to help female employees balance work/home lives

- More than half of Canadians have received an inheritance; two-thirds believe they will receive an inheritance in the future

- Ninety-one per cent plan to invest at least a portion of their inheritance

- Seventy-five per cent think it is important to leave money to the next generation

- Drivers spend $5,250 annually on payments, insurance, gas

- BMO recommends stress testing your budget before buying

- BMO Economics predicts vehicle sales should come close to last year's $60.8 billion level