News Releases

New fingerprint recognition and Passcode options build on Mobile Cash technology, offering banking customers quick, convenient and secure access

- Spending on basket of four typical monthly expenses more than doubles during the summer months

- Half of Canadian families say they spend the most money during summer

- BMO CashBack World Elite MasterCard credit card offers 1.75 per cent cash back on all everyday purchases

- Sixty-three percent plan to travel three times or more a year for pleasure

- They expect to spend an average amount of $2,900 per trip

- Most plan to travel within the United States and during the spring and fall seasons

- BMO business customers in the Greater Toronto Area now have access to socialstraw(TM), an innovative and easy-to-use social monitoring and engagement platform

- Ninety-five per cent of New Canadians think it is likely their children will obtain a post-secondary education

- Two thirds are more optimistic about Canada's economy than the economy in their native country

- Sixty-five per cent of immigrants consider it a priority to leave as much money as possible to their children, yet fewer than a third have a will

Report examines relationship between payroll and performance in Major League Baseball

- Canadians carrying an average of $92,000 in debt and paying $1,165 in monthly debt servicing costs

- However, more than half believe they will be debt free within the next five years

- Sixty-five per cent plan to travel three times or more a year for pleasure

- High-net worth travelers expect to spend an average amount of $5,665 per trip, three times more than Canadians as a whole

- Most plan to travel within North America and during the winter and summer seasons

- Housing is identified as the single largest monthly expense

- Fifty-five per cent have splurged ($10,000 or more) on one item

- Retired Canadians' biggest surprise about retirement? Not having enough time to do everything they would like

- One third regret past financial decisions, including impulse spending and going over budget

- Canadians are able to put aside an average of $450 in savings per month

- New BMO Savings Builder Account rewards Canadians who save on regular basis

BMO Congratulates New Corporate Partners for Supporting Critical Basic Research

- Canadians expect to spend an average of $2,038 on weekend trips and longer vacations

- Canadians just want to have fun: Socializing accounts for 39 per cent of summer expenses

- Nearly half say they have often lived beyond their means in the summer time