News Releases

- One-quarter intend to invest more in their business in 2015

- Fewer entrepreneurs intend to invest in equipment upgrades compared to 2013

- Business owners in Ontario and Atlantic Canada are the most likely to invest in employee training

- Canadians can donate to the fund at branches across Canada

- Other top concerns among the nation's business owners include identifying income options and paying too much tax

- Three-quarters of entrepreneurs are focused on making improvements in their business operations and more than half are seeking to grow their business aggressively

- Majority of entrepreneurs do not have a succession plan in place for their business

- Minimum assets required to open an adviceDirect account lowered to $50,000 (previously $100,000)

- Annual account fees reduced from 1 per cent to 0.75 per cent

- Clients with assets over $500,000 will not pay any incremental fees

- One-quarter would be stretched to afford a home in their current price range, while another one-third would need to consider less expensive options

- Sensitivity to rates magnified in high-priced west coast market

- According to BMO Economics, prices in major markets of Calgary, Toronto, and Vancouver are rising faster than average family income

- BMO recommends buyers stress-test their mortgage against a higher rate to ensure long-term affordability

BMO Youth Campus Amphitheatre Will Be New Outdoor Performance Space

- Real GDP growth of 1.0 per cent expected in 2014, 0.8 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.5 per cent in 2015)

- Healthy longer-term prospects for offshore oil, hydro

- Consumer spending, housing market trends outperforming Atlantic Canadian peers

- Real GDP growth of 2.2 per cent expected in 2014, 2.4 per cent in 2015 (Canadian real GDP growth of 2.3 per cent expected in 2014, 2.4 per cent in 2015)

- Manufacturing should receive boost from weaker dollar, stronger U.S. demand

- Oil production up fourfold since start of 2000s