News Releases

BMO offering support by making $10 billion available over next three years

- Vancouver prices down, Toronto prices up

- Saskatoon, Regina, Edmonton and Halifax lead with sales gains

- BMO urges Canadians to choose 25-year amortization to save on interest costs

- First winners of BMO's Team of the Week Award use their $125,000 prize to help build a new soccer field for Concord Thornhill Regional Park

- 2012 BMO Team of the Week contest begins April 2

Report combines expertise from BMO's Economists with on-the-ground anecdotal information from BMO's Commercial Bankers

- Sixty per cent of Canadian investors have target dates in mind to reach their financial goals

- However, only half feel their investments are aligned to support their key life events such as marriage, the purchase of a home and retirement

- BMO LifeStage Class Mutual Funds and Corporate Bond Target Maturity Exchange Traded Funds (ETFs) help address this by reducing the risk as a key life event approaches

BMO encourages couples to be open when it comes to dollars and cents

- The overwhelming majority of Canadians agree that couples need to be on the same page financially

- Despite this, less than half have discussed key financial matters prior to marriage, including debt, savings goals and establishing a financial plan

- Over half of married or engaged couples have already bought or are planning to purchase a home in the next two years

Report combines expertise from BMO's Economists with on-the-ground anecdotal information from BMO's Commercial Bankers

- Five of six Canadians said there were no surprises on their January credit card statement - their balance was what they expected.

- Two-thirds (67 per cent) said they would pay off their January credit card balance in full.

- Reducing overall household debt is number-one priority for Canadians in 2012.

- Men will carry a higher credit card balance into February than women.

However, economic uncertainty and slow job growth may restrain consumers.

- Most Canadians say 'I love you' with candy, flowers or jewellery.

- The love struck may be dining in this Valentine's Day.

- Saskatchewanians most romantic Canadians or just biggest spenders?

Funds Will Support Purchase of Medical Equipment for Growing Day Surgery Program

- Industry leaders from 28 countries and six continents will attend one of the largest metals and mining investor conferences in the world

- Emerging markets are a key driver of commodity prices

- Precious metals including gold and platinum to see strong 2012

BMO offers tips and advice on next steps for pre-approved house hunters

Bank partners with Kids and Company, a national quality day care provider, to provide emergency Back-up Child Care for employees with children.

- Studies consistently show the inability to balance work and family is linked to reduced work performance, greater stress, poor morale and higher employee turnover.

- Only 20 per cent of young Canadian children today have access to a regulated day care space; long waiting lists are the rule in most communities.

- An estimated 45% of working parents miss at least one day of work every six months due to child care breakdowns.