News Releases
| Su | Mo | Tu | We | Th | Fr | Sa |
|---|---|---|---|---|---|---|
| Su | Mo | Tu | We | Th | Fr | Sa |
|---|---|---|---|---|---|---|
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May 23, 2013
- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012
- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012
- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results
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May 23, 2013
- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012
- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012
- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results
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May 22, 2013
- Win comes with a $500 team prize, BMO Team of the Week tracksuits and a $500 donation to a charity of the team's choice,
- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment
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May 22, 2013
- However, Canadian economy will likely lag that of the U.S. over the next year
- Gold prices drop, but still overvalued
- U.S. equity markets continue upward trend
- Return on bonds driven more by term exposure than by credit type
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May 22, 2013
- Buying Intentions: Vancouver and GTA homeowners most likely to buy, while intent dips in Calgary
- Price expectations: Most expect property values to increase modestly
- Mortgage affordability: Fewer mortgage holders making cutbacks to afford payments
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May 21, 2013
- Winnipeg Main Branch first BMO branch west of the Great Lakes
- Features interactive heritage display to showcase the story of BMO's development and its contribution to the community
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May 21, 2013
- Calgarians invited to attend community celebration at BMO Crowfoot Branch on Tuesday, May 21
- Blizzard eligible to vie for grand prize of $125,000 to refurbish local soccer field in Calgary
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May 17, 2013
Largest cultural donation in B.C. in BMO Financial Group's History
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May 16, 2013
- Calgarians invited to attend community celebration at BMO Crowfoot Branch on Tuesday, May 21
- Blizzard eligible to vie for grand prize of $125,000 to refurbish local soccer field in Calgary
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May 16, 2013
- Win brings team one step closer to the grand prize which includes a $125,000 prize towards the refurbishment of a local soccer field
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May 16, 2013
- Canadians plan on spending an average of $3,073 on vacations between May and September
- Top vacation concerns include: requiring medical attention, bad weather and losing something of value
- Only half regularly purchase travel insurance before leaving home
- Cost of a broken leg can cost up to US$20,000 in the U.S.; an air ambulance trip from Florida to Ontario can run up to US$15,000
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May 15, 2013
- Home sales: Up 0.6 per cent in April
- Home prices: 20 of the 26 cities reporting price increases over the past year
- BMO recommends prospective buyers stress-test their mortgage at a higher interest rate to ensure sustained mortgage affordability
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May 15, 2013
- First team from British Columbia to be named for 2013 program
- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment
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May 15, 2013
- Almost two-thirds of Canadians feel largely unprepared financially to deal with the unexpected
- Eighty-four per cent believe they would face a major financial hit in the event of disability
- Three-quarters fear the financial impact of divorce or death of a spouse
- BMO recommends that Canadians stress-test their financial plans against unforeseen events
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May 10, 2013
- Report suggests that a continuation of the improved income growth of the past two decades should result in Canada's youth achieving more spending power than their parents in their lifetime
- Improved labour market conditions since the mid-90's - driven by the resource and housing industry - credited for compensation growth
- BMO Business Confidence Report finds one quarter of business owners in Canada expect the size of their workforce to increase in 2013
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May 10, 2013
- Young and Connected: Eighty-one per cent of Canadians between the ages of 18 and 34 see themselves investing online in the next five years
- Percentage of online investors could more than triple within the next decade
- Majority of Canadians spend at least 30 hours per week online
- Top current online activities include browsing the news, personal banking and keeping in touch with family and friends
- BMO InvestorLine offers two unique online investing services to help different types of investors get started
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May 9, 2013
Catalyst COO, Deborah Gillis; Manulife past Chair, Gail Cook-Bennett; and BMO CEO, Bill Downe, to lead panel discussion at Toronto Region Board of Trade
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May 9, 2013
- First-time buyers more likely than repeat buyers to consider commute to work, public transit and stores and restaurants when buying a home
- Report reveals differences among regions and major city centres
- BMO and Canadian Real Estate Association offer advice for buyers and sellers
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May 8, 2013
- First BMO Team of the Week finalist from Quebec for 2013
- Girls' team actively involved with the Club des petits dejeuners du Quebec to raise funds and provide nutritious breakfasts to school kids
