News Releases

- Almost half of high-net worth Ontarians were either born outside of Canada or are first generation Canadians

- More than one-third of Ontario's wealthy are women

- Sixty-four per cent are self-made millionaires

- Education is key: 77 per cent hold at least a university a degree; just 14 per cent have a high school diploma or less

- Atlantic Canada has the highest percentage of self-made millionaires in Canada

- The region also has the highest percentage of wealthy women in Canada

- Education matters: More than three-quarters of the region's affluent have at least a university undergraduate degree

- Only three percent attribute their wealth to an inheritance

- More than one-third of high-net worth Americans are women

- One-third of the nation's wealthy were either born outside of the U.S. or are first generation Americans

- One-quarter are under the age of 40 and more than half have a graduate or professional degree

BMO Private Bank Releases Changing Face of Wealth Study

- Sixty-eight percent of high-net worth Floridians are self-made

- The same percentage are at least second-generation Americans

- More than one-third are women, majority are over the age of 65

- Education matters: An impressive 93 percent hold at least a university degree; 66 percent hold a graduate or professional degree

- Nearly 60 percent of high-net-worth Arizonans are self-made

- 40 percent of Arizona millionaires are women

- 75 percent are 65 years or older

- Nearly 90 percent hold a bachelor or graduate degree

- Seventy percent of Hoosiers with $1 million+ in investible assets are self-made

- Thirty-three percent of Indiana's wealthy are women

- Fifteen percent are under 40

- Seventy percent of high-net worth Illinois residents are self-made

- More than one-third are women; almost 20 percent are under the age of 40

- Twenty-eight percent were either born outside of the U.S. or are first generation Americans

- Education matters: Almost 85 percent hold at least a college degree; only eight percent state high school is the highest level of education they have completed

- Across North America, women's wealth is increasing eight percent annually

- Eighty-nine percent of affluent Washingtonians have a bachelors and/or graduate degree

- Almost two-thirds are self made; one-quarter are new Americans

- Ninety-four percent of the high-net worth in the state are over the age of 50

- Two-thirds of affluent Canadians are self-made millionaires

- Almost half of Canada's wealthy are either immigrants or first generation Canadians versus only one-third in the U.S.

- One-third of high-net worth Canadians are women, compared to 21 per cent in 2010

- Education Matters: 80 per cent have at least an undergraduate university degree

- U.S. millionaires tend to be younger than Canada's

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

- Recognition includes a $500 team prize and a $500 donation to the team's charity of choice

- Team in running to become 2013 BMO Team of the Week Champion, a title that comes with $125,000 towards a local field refurbishment

Poll asks 500 business owners across Canada about the main factors for success

- One in five business owners work 60 hours or more per week

- CEO of Canadian Federation of Independent Business says BMO findings demonstrate hard-working nature of entrepreneurs

- Stats Can: Small businesses account for 98 per cent of employment in Canada

Spending plans for Father's Day up 10 per cent from 2012

- Canadians inclined to spend less on Father's Day than they did for Mother's Day

- Albertans expect to spend the most to celebrate Dad

- Sons plan to spend nearly 40 per cent more than daughters this Father's Day

- Ninety per cent feel it is important that their workplace encourages volunteering, yet only 35 per cent say their employer has a program in place

- Youth care: 80 per cent of Canadians under 35 have volunteered in the past 12 months

- BMO Volunteer Day is June 5th: 5,600 employees will participate in more than 470 projects in communities across North America

- Team eligible to win national contest, and $125,000 towards refurbishment of a local soccer pitch

- Directs $500 donation from BMO to Feed Nova Scotia

- Ontario, Quebec and Alberta account for nearly all gains; all provinces east of and including-Manitoba see jobless rate drop

- BMO Hiring Outlook Report: hiring a top priority for business owners planning to invest more in 2013

- Forty per cent of Canadians are not confident that they will have enough saved to fund their ideal retirement lifestyle

- Many provinces and municipalities in Canada provide senior citizens property tax deferral programs which can help free up money now for other retirement expenses

BMO ice cream truck will be handing out free ice cream June 7-8; Follow @BMO on Twitter and keep an eye out for hashtag #BMOtruck for route updates all day long!

- New BMO branch represents a $1.3 million investment in the community

- 'Making Money Make Sense' in five different languages

- Offering customers extended banking hours, including weekends

- Grand opening celebration features great prizes, free BBQ and children's activities

- Team eligible to win national contest, and $125,000 towards refurbishment of a local soccer pitch

- Directs $500 donation from BMO to Feed Nova Scotia

- Spending Up: One-quarter expect to increase their summer expenditures; however, 'summer of thrift' mindset remains for many

- A Reward-ing Summer: Typically, Canadians have $400 in reward points and two-thirds will cash them in this summer

- BMO offers ways to help Canadians make the 'BMOst' of summer spending

- Boys team from British Columbia now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with $125,000 towards a field refurbishment

- BMO Team of the Week recognition includes a $500 team prize and a $500 donation to the team's charity of choice

- BMO employees help Loving Spoonful's Project Empty Bowl

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- Calgary area BMO employees will be revitalizing the grounds at Wood's Homes

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- BMO employees will help REACH (Regina Education & Action on Child Hunger) by packaging Good Food Boxes

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America -wide volunteer day

- Ninety per cent feel it is important that their workplace encourages volunteering, yet only 35 per cent say their employer has a program in place

- Youth care: 80 per cent of Canadians under 35 have volunteered in the past 12 months

- BMO Volunteer Day is June 5th: 5,600 employees will participate in more than 470 projects in communities across North America

- BMO employees help two after school programs by packing snack bags for children

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- BMO employees will be volunteering across Toronto and the GTA in more than 130 projects

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- BMO employees will help spruce up Moncton's Headstart facility

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- BMO employees will help prepare a delicious meal for resident families at Ronald McDonald House and will assist in food sorting at the Community Food Sharing Association in St. John's

- Approximately 5,600 BMO employees are expected to take part in more than 470 projects across North America

- BMO Capital Markets also highly commended in categories including trade and supply chain finance for North America and overall trade banking in North America

- Trade accounts for 61 per cent of Canada's GDP, driven by mining, agricultural exports

- Demand for trade finance rising in sync with growth in International trade

- BMO bullish as Council of Great Lakes Governors Summit gets underway

- Resurgent auto sector leading the way for region, with car and truck production back to pre-recession levels

- Looking ahead: 51 per cent expect 2013 to be a better year for business

- More than half expect their business to grow this year and 31 per cent of business owners plan to invest more into their business

- A third of B.C. businesses expect their number of employees will increase in 2013

- Join experts from BMO, the United Way and the Agincourt Community Services Association on June 4th at 10:30 a.m. ET

- Panellists to provide insight on the importance and prevalence of volunteering in Canada and unveil the findings from a new national study

- BMO bullish as Council of Great Lakes Governors Summit gets underway

- Resurgent auto sector leading the way for region, with car and truck production back to pre-recession levels

- Looking ahead: 40 per cent expect Alberta's economy to improve

- Business owners in Alberta are the most optimistic in Canada about hiring more employees

- Nearly one-quarter of businesses are expecting to hire in 2013

- Looking ahead: one third expect Canadian economy to improve in 2013

- Provincial economy continues to benefit from investments in the auto sector

- Province has fastest employment gains in Canada

- Resource sector, including oil and potash, is a key economic driver

- BMO to offer remote volunteering opportunities for Canadian employees in partnership with ACCES Employment

- BMO Volunteer Day: 7,000 BMO employees will participate in more than 450 projects across North America on June 5th