News Releases

- Douglas Porter, BMO Chief Economist, forecasts that savings rates may need to reach 9 per cent to strengthen household finances over the long term

- Report shows the brighter side of the debt picture, with household financial assets reaching near-record 453 per cent of disposable income

- Report comes on the heels of the BMO Household Savings Report, which showed Canadians planning to save aim to put away $9,859 in 2013

- Canadian ETF assets increased by 33 per cent in 2012

- 2013 will see an expansion of the user base of ETFs

- Canadian ETF industry to benefit from developing new uses for ETFs

- Investors will seek out defensive growth strategies and lean towards equities

- Canada and U.S. auto industry on track for solid growth

- Manufacturer innovation fueling consumer demand

- Market conditions, industry investment and affordability to drive performance in 2013

- Report shows Canadian savers on average managed to save approximately $9,200 in 2012

- The average total savings amongst Canadians is $122,310

- Report provides regional and demographic breakdowns on savings

- BMO Smart Saver account offers a 1.2 per cent interest rate - the highest rate offered among Canada's major financial institutions for a full-service savings account without minimum balance requirements

Super Bowl Indicator has predicted stock market trends almost 80 per cent of the time

- BMO experts available to provide investing strategies for RRSP season...and beyond

Sixteen BMO mutual funds and ETFs awarded Fundata FundGrade A+ Rating

Program available for families and teachers to help youth better understand money matters in their lives

- April 17 is the first annual "Talk With Our Kids About Money Day"

- The new program provides resources for teachers and families to help start and continue conversations on money matters on the "Day" - and beyond

- Interactive contests for families, kids, teachers, and students focusing on teaching kids about money

- BMO to support the program through branches in Quebec and across Canada

- Program to be launched in schools in metropolitan areas of Montreal and Toronto - expanding across Canada over the next three years

- CFEE launch to be attended by CFEE Board Chair Olier Caron, Quebec BMO President L. Jacques Menard, the Chair and CEO of the Grande Bibliotheque et Archives nationales du Quebec Guy Berthiaume as well as teachers, students and parents

- Forty per cent of Canadians likely to start their own business in retirement

- Top reasons to start a business in retirement include additional income, staying mentally sharp and using it as a hobby

- Retirement savings identified as top funding source for starting new businesses

BMO opens new private banking offices, eyes growth opportunities in Asia

- BMO's private banking business in Asia will be part of BMO's Private Client Group, providing private banking services to high-net-worth individuals in the Asia-Pacific region

- Will introduce broader scope of services to give clients a more integrated and more flexible range of financial products and service offerings

- Supports plans to create a truly global service for wealthy individuals looking to manage their investments across Asia and North America

- Will leverage BMO's strength and differentiate it through its capability for connecting Asia Pacific and North America

- BMO accounted for 40 per cent of total 2012 Canadian ETF industry inflows

- BMO ETF assets up 130 per cent in 2012; attracted $5 billion in net new assets

- BMO S&P/TSX Capped Composite Index ETF (ZCN) top ETF industry fund with $813 million in asset inflow

- BMO's extensive ETF line-up has grown to 48 funds in under four years

- Program to be launched in schools in metropolitan areas of Toronto and Montreal - expanding across Canada over the next three years

- CFEE launch attended by Minister of State Ted Menzies and Toronto area school officials

- Program to be launched in schools in metropolitan areas of Toronto and Montreal - expanding across Canada over the next three years

- CFEE launch attended by Minister of State Ted Menzies and Toronto area school officials

- Ontario's icewine grape harvest expected to increase by 50 per cent

- BMO Economics forecasts higher sales and exports

- Overall consumption of wine is up - Canadian adults purchase an average of 22 bottles annually vs. 13 bottles in 1995