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Latest white paper examines risk, return potential and adaptability in advocating active approach to low volatility equities

- Canadians have an average $41,694 in emergency savings

- Job loss, medical expenses and major car repairs among top emergency concerns

- 30 per cent of Canadians concerned about personal financial standing

- The portfolios have three different risk profiles and aim to help preserve and grow wealth in retirement

- Low-fee solution designed to provide downside protection against market volatility

- According to StatsCan, life expectancy in Canada has increased by 25 years since 1921

- Three quarters of Canadians said they would use their own savings to fund long-term care needs

- Fifty-six per cent would prefer to receive long-term care in their own home rather than in a facility

- Thirty-seven per cent have not discussed any financial issues around potential long-term care with loved ones

- Wealthy Canadian parents pay for an average of 69 per cent of their children's post-secondary school costs

- They are less concerned with how their children will perform academically than how they will fare financially after graduation

- Sixteen per cent have their children enrolled in private schools; almost three quarters feel their children will receive a better education

- Overall spending down to $323 from $428 in 2013

- Despite having the highest percentage of people planning to shop for back to school (59 per cent), those in Atlantic Canada plan to spend the least ($211)

- BMO Economics says that fewer trips south of the border for shopping could provide a silver lining

Financial Results Highlights:

Third Quarter 2015 Compared with Third Quarter 2014:

- Net income of $1,192 million, up 6%; adjusted net income(1) of $1,230 million, up 6%

- EPS(2) of $1.80, up 8%; adjusted EPS(1,2) of $1.86, up 8%

- ROE of 13.6%, compared with 14.4%; adjusted ROE(1) of 14.0%, compared with 14.9%

- Provisions for credit losses of $160 million, compared with $130 million

- Basel III Common Equity Tier 1 Ratio of 10.4%

Year-to-Date 2015 Compared with Year-to-Date 2014:

- Net income of $3,191 million, down 2%; adjusted net income(1) of $3,417 million, up 2%

- EPS(2) of $4.75, down 2%; adjusted EPS(1,2) of $5.10, up 3%

- ROE of 12.3%, compared with 14.3%; adjusted ROE(1) of 13.2%, compared with 14.7%

- Provisions for credit losses of $484 million, compared with $391 million