News Releases
| Su | Mo | Tu | We | Th | Fr | Sa |
|---|---|---|---|---|---|---|
| Su | Mo | Tu | We | Th | Fr | Sa |
|---|---|---|---|---|---|---|
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May 4, 2015
- Stronger U.S. demand, improved business confidence driving growth
- GDP growth of 2.1 per cent expected in 2015, 2.0 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- Firm U.S. demand, weak dollar to offset the impact of slowdown in China
- GDP growth of 2.6 per cent expected in 2015, 2.5 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- Province to increase capital spending
- GDP growth of 1.1 per cent expected in 2015, 1.3 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- Stronger U.S. economy to support growth
- Province led country in employment growth in March
- GDP growth of 2.3 per cent expected in 2015, 2.2 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- GDP growth of 1.9 per cent expected in 2015, 1.7 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- Exporters benefiting from weak dollar, sturdy U.S. demand and strong housing market
- GDP growth of 2.5 per cent expected in 2015, 2.4 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- Provincial jobless rate rising, but oil prices have stabilized
- GDP contraction of 1.0 per cent expected in 2015, 1.5 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- U.S. economic growth, low dollar to benefit trade and tourism
- Companies in PEI's tourism industry are anticipating a banner year
- GDP growth of 1.6 per cent expected in 2015, 1.5 per cent in 2016; Canada GDP growth expected to be 1.8 per cent in 2015, 2.2 per cent in 2016
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May 4, 2015
- B.C., Ontario, to lead country in economic growth
- GDP growth of 1.8 per cent expected in 2015, 2.2 per cent in 2016
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Apr 30, 2015
More than 40 communities across Canada will participate
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Apr 29, 2015
- Most Innovative ETF - BMO Asia High Dividend ETF (3145.HK)
- Best Thematic ETF - BMO Hong Kong Banks ETF (3143.HK)
- Best New ETF - BMO Hong Kong Banks ETF (3143.HK)
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Apr 29, 2015
Infrastructure Ontario Board Member and BMO Capital Markets Vice-Chair Colleen Campbell appears before U.S. Senate Committee on Ontario's approach to investing in public infrastructure
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Apr 29, 2015
- BMO report shows Wisconsin parents would rather talk to their kids about the facts of life than finances
- Only about one third of Wisconsin residents believe that kids who are graduating now are well prepared for their financial future
- Talk With Our Kids About Money Day provides resources for teachers and families to help start and continue conversations about money or personal finances
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Apr 29, 2015
- Only one third of Illinois residents believe that kids who are graduating now are well prepared for their financial future
- Talk With Our Kids About Money Day provides resources for teachers and families to help start and continue conversations about money or personal finances
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Apr 29, 2015
"BMO Wealth Management" will help clients turn change into opportunity by better aligning BMO's existing wealth businesses
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Apr 29, 2015
- More than half of Canadian business owners expect to see an increase in their profits this year
- Nearly one-third plan to invest more into their business in 2015
- Lower confidence levels driven by uncertainty in Alberta over falling oil prices
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Apr 27, 2015
- Manufacturing and exports in Ontario and Quebec get boost from a weaker currency and firm U.S. demand
- U.S. states in the region see ongoing housing recovery
- Region will benefit from the steep slide in oil prices
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Apr 23, 2015
- "Upsizers" plan to spend $473,900, while first timers budget average of $312,700
- First timers expect an average $37,500 in financial support from family, while upsizers expect $94,780
- Willingness to enter a bidding war increases significantly from a year ago
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Apr 22, 2015
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Apr 21, 2015
- Six-in-ten U.S. parents talk to their child about money; fewer than 40 percent have opened a bank account for them
- One fifth of parents give their child an allowance; most give five or fewer dollars per week
- BMO Harris offers tips to help parents teach financial skills to their kids
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Apr 18, 2015
Mayor John Tory and Ontario Minister Brad Duguid among dignitaries present at the inauguration of one of Toronto's largest accessible playgrounds
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Apr 17, 2015
New funds deliver growth opportunities from around the world through either active management of ETFs, or direct equity holdings
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Apr 16, 2015
- First ever Great Lakes Economic Forum focused on accelerating growth
- BMO Chief Economist Doug Porter to deliver State of the Great Lakes Economy address
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Apr 15, 2015
- Schools in Alberta and Atlantic Canada join Ontario, Quebec and the Prairies in Talk With Our Kids About Money Day to help champion financial literacy
- Program provides resources for teachers and families to help start and continue conversations about money or personal finances
- Report shows Canadians would rather talk to their kids about the facts of life than finances
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Apr 15, 2015
- After the initial costs of getting settled, immigrants have less than half of their savings left
- Priorities: More than half use their remaining nest egg to save for retirement; two thirds send money back home to friends and family
- Forty-six per cent reported choosing Canada because it is a safe place to live
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Apr 10, 2015
-New capabilities will enable clients to trade equities and options, view account holdings, and monitor their portfolios in real-time
-BMO Market Pro equips active traders with valuable tools and information to help them stay on top of the markets
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Apr 10, 2015
- However, millennials are generally less knowledgeable about specific tax implications when compared to Boomers
- They are least confident in their understanding of how specific types of investment income are taxed
- Fifty-three per cent of Millennials will file their taxes before the deadline, with 44 per cent reporting they have already filed
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Apr 7, 2015
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Apr 7, 2015
- New account rewards Canadians who save on regular basis with a market-leading interest rate
- BMO Household Savings Report reveals 19 per cent of Canadians did not put any savings aside in 2014
- Nearly half of Canadians feel they are not on track to meet their savings goals in the year ahead
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Apr 2, 2015
BMO Wealth Management lines of business recognized for their solutions, global and local expertise, financial planning and client service in Canada and Asia
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Apr 2, 2015
-Women are the primary breadwinners in over 40 percent of American households but only earn 78 cents for every dollar a man makes
-Two thirds of primary caregivers are women
-The challenges many women face in their personal and professional lives can have negative consequences for their finances
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Mar 31, 2015
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Mar 31, 2015
- High-net worth Wisconsin residents plan to retire at an average age of 62 and believe they need $2.3 million for an ideal retirement
- Ninety-five percent want to retire in the U.S.
- Travelling, seeing family and loved ones and focusing on their hobbies are how the affluent in Wisconsin would like to spend their golden years
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Mar 31, 2015
BMO recognized for its workplace diversity and inclusiveness initiatives
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Mar 31, 2015
- High-net worth Illinois residents expect to retire at an average age of 59 and feel they need $1.9 million for retirement
- Ninety-three percent plan to live in the U.S. during their golden years
- Travelling, seeing family and loved ones and focusing on their hobbies are how Illinois' affluent would like to spend their retirement years
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Mar 31, 2015
- Affluent Florida residents expect to retire at an average age of 59
- Nearly all plan to spend their golden years in the U.S.
- Travelling, spending time with family and loved ones and focusing on their hobbies are among the top things they plan to do in retirement
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Mar 27, 2015
- BMO adding more than 400 ATMs at Shell locations across Canada
- New locations increase BMO's out-of-branch ATM network by nearly 40 per cent
- Expanded partnership with Shell offers customers added value and convenience
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Mar 25, 2015
- High-net worth Americans plan to retire at an average age of 56
- The vast majority (96 percent) plan to spend their retirement in the U.S.
- More than half (53 percent) plan to continue working in retirement
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Mar 25, 2015
- Award follows the launch of BMO Banking & InvestorLine iPad app
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Mar 24, 2015
-Seventy-four per cent of Canadians plan to vacation this Spring
-Sixty-two per cent purchase supplemental travel medical insurance
-More than a third of travellers have required medical attention while on holiday
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Mar 17, 2015
- Great rate of 2.79, five year fixed term and shorter amortization period helps Canadians own their home sooner while saving thousands in interest payments
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Mar 16, 2015
- Smartphone technology allows customers to make ATM withdrawals without removing their wallets, saving time while enhancing security
- Mobile Cash immediately available at 750 BMO Harris ATMs - the largest network in the country
- New report reveals how digital tools are changing financial habits of Americans
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Mar 9, 2015
NBA Partners with BMO to Reach Youth across Canada
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Mar 9, 2015
- Prices in Florida and Arizona expected to continue rising
- Canadians are the largest foreign buyers of Florida housing
- New government guidelines for residents spending time in Canada and U.S.
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Mar 7, 2015
- Just 31 per cent of women feel that their families provide the support needed for them to succeed at home and at work
- 63 per cent report that staying with one employer is the best way to succeed in one's career
- Nearly three quarters of women state that it's harder for them to prove themselves to a new employer than it is for men
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Mar 6, 2015
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Mar 5, 2015
- The bank of mom and dad: One quarter of first time buyers expect financial help from parents or relatives
- Expected down payment is 13 percent
- Majority of first-time buyers have made lifestyle cutbacks to save money
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Mar 4, 2015
- Just 31 per cent of women feel that their families provide the support needed for them to succeed at home and at work
- 63 per cent report that staying with one employer is the best way to succeed in one's career
- Nearly three quarters of women state that it's harder for them to prove themselves to a new employer than it is for men
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Mar 4, 2015
- Fifty-seven per cent of Canadians contributed before the March 2 deadline, down from 65 per cent in 2014 and 62 per cent in 2013
- Average contribution amount was $3,737, up from $3,518 in 2014 and $3,544 in 2013
- Forty-three per cent contributed to their RRSP because they believe it is the "responsible thing to do"
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Feb 27, 2015
- Over half are unaware of what is considered a good credit score
- Almost one third lack knowledge on how to build a good credit rating
- Credit score can affect getting a loan, a credit card, or renting an apartment
- BMO offers advice on how Canadians can achieve and maintain good credit
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Feb 26, 2015
- Fifty-six per cent need assistance with deciding which investments best suit their needs
- More than half do not understand how their portfolios will react in certain markets
- Only one in five need help deciding when or if to downsize to a smaller home or deciding where to live in retirement
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Feb 25, 2015
- Senior executives from across BMO to discuss what "Having It All" really means and issues related to work/life balance
- BMO will also be releasing the results of a new study examining how women navigate the workplace and their home lives
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Feb 24, 2015
Financial Results Highlights:
First Quarter 2015 Compared with First Quarter 2014:
- Net income of $1.0 billion, down 6%; adjusted net income(1) of $1,041 million, down 4%
- EPS(2) of $1.46, down 8%; adjusted EPS(1,2) of $1.53, down 5%
- ROE of 11.8%, compared with 14.2%; adjusted ROE(1) of 12.3%, compared with 14.5%
- Provisions for credit losses of $163 million, compared with $99 million
- Basel III Common Equity Tier 1 Ratio of 10.1%
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Feb 24, 2015
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Feb 19, 2015
- On average, high-net-worth Canadians plan to retire at age 60 and feel they need an average of $2 million for retirement
- Almost all will spend their golden years in Canada
- Travel, time with family, hobbies and volunteering will fill their time during retirement
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Feb 17, 2015
BMO is here to help clients with foreign exchange needs, and supporting the expansion of Canadian business ties with China
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Feb 13, 2015
- Industry leaders and other participants from 28 countries and 6 continents to attend one of the largest metals and mining investor conferences in the world
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Feb 13, 2015
- Low oil prices, job growth and consumer spending helping to spur growth
- Solid growth expected throughout 2015
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Feb 13, 2015
- Canadians spend an average of 64 hours per month on mobile devices
- Majority of tablet owners have banking apps on their tablet, with one third logging on daily
- Over the past year, mobile banking adoption has increased approximately 60 per cent
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Feb 10, 2015
- Balancing Act: 30 per cent of card holders don't pay their bill every month
- Holiday Hangover? Average of $1192 accumulated in holiday spending credit card debt
- BMO encourages Canadians to use a credit card as a payment tool as opposed to a borrowing tool
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Feb 4, 2015
BMO GOLDR SEC-registered securities provide investors with a secure and convenient way to purchase gold bullion
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Jan 30, 2015
- More than $26 million raised for local United Ways and other charities across North America
- Nearly 90 per cent of BMO employees supported campaign through donations along with volunteering their time at hundreds of community charities
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Jan 28, 2015
- Almost half of Millennials are optimistic about affording their ideal retirement lifestyle while just one-third of Boomers feel the same way
- Millennials feel they need an average of $442,000 saved to afford their ideal retirement lifestyle while Boomers feel they need $385,000
- Not having enough money saved and declining physical abilities among top retirement concerns for both groups
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Jan 23, 2015
- Canadian ETF Industry Assets Are Expected to Reach $200 Billion by 2020
- BMO's ETF Business Led the Canadian ETF Industry in New Assets for the Fourth Year in a Row
- Trends Include Increased Use by Investors and Advisors, as Well as the Maturation of Smart Beta ETFs
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Jan 22, 2015
BMO one of only two financial institutions from North America to be named to list
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Jan 15, 2015
- Forty-two per cent of Canadians have already contributed to an RRSP, up seven per cent from this time last year and up 12 per cent from two years ago
- The average amount contributed to an RRSP in 2013 was $3,518
- One-third of Canadians who will not contribute to an RRSP this year cite "lack of funds available" as the reason
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Jan 12, 2015
Gives customers an immediate way to track and manage money
