News Releases

- Two-thirds feel prepared to handle their financial obligations in the event of a change in job status, change in financial situation, or unforeseen financial emergency

- More than half have more than three months of savings; 49 per cent have access to more than $5,000

- However, one-quarter would be unable to survive financially for more than three months on their rainy day fund

- New BMO branch represents a $1 million investment into the community

- 'Making Money Make Sense' in nine different languages

- Offering customers extended banking hours; seven days a week

- BMO Economics forecasts 120,000 new jobs to be created in Calgary and Edmonton over the next four years

BMO is committed to making money make sense and providing clarity for customers making financial decisions

- Most Canadians significantly underestimate the costs of medical treatment in other countries - the cost of treatment for a heart attack outside of Canada can be up to US$70,000; treatment for pneumonia in the U.S. can be more than $65,000

- Only half correctly stated that travelers themselves are financially responsible for medical costs while away from home

- To help protect Canadians year-round, BMO Insurance has introduced Annual (Multi-Trip) Travel Medical Insurance

- Bank of Canada Holds Overnight Rate Steady

- Next move in interest rates expected to be higher, not lower

- Average household debt is $112,329 - BMO advises Canadians to continue reducing debt