News Releases

- 2 per cent rate on 1 year GIC available on any new BMO RRSP contributions

- In volatile market conditions, BMO recommends Canadians seek out safe, short term investment options to park their savings

- Canadians place much higher importance on salary and job flexibility than a good pension plan when evaluating job opportunities

- More than half do not know what their ideal workplace pension would look like

- Half of working Canadians have already had five or more employers; 20 per cent expect to have worked for 10 or more employers over their careers

- New screening tools, access to Morningstar reports and enhanced site layout will help investors make better mutual fund investing decisions

- BMO InvestorLine awarded Top bank-owned online broker from The Globe and Mail in 2008, 2009 and 2011

- New screening tools, access to Morningstar reports and enhanced site layout will help investors make better mutual fund investing decisions

- BMO InvestorLine awarded Top bank-owned online broker from The Globe and Mail in 2008, 2009 and 2011

Take a step back this RRSP season to ensure your investing portfolio suits your life stage

Take a step back this RRSP season to ensure your investing portfolio suits your life stage

- More than a third of Canadians don't know the difference between a TFSA and an RRSP

- 44 per cent of Canadians have a TFSA; more than 60 per cent have an RRSP

- Average annual TFSA contribution is $3,700, average RRSP contribution in 2010 was $4,700

- BMO offers tips on how both vehicles can work together

More Locations Added in Rural Communities for Customers to Use Video Conferencing to Reach Financial Planners

- Making Money Make Sense "virtually" in over 50 locations in British Columbia, Manitoba, Ontario, Quebec, Nova Scotia

- BMO expands video conferencing service so more customers can now access financial planners, commercial and small business specialists, investment advisors

- Video conferencing offers timely access for TFSA and RRSP contributions

- Exchange Traded Fund (ETF) market grew by 13 per cent in 2011

- 2012 will see more product launches, innovation and increased price competition among providers

- Cost effectiveness, transparency and liquidity helping fuel ETF growth

Moving all investments under one roof can simplify your life as well as save you time and money

Get pre-approved and be guaranteed this rate for the next 90 days

- Almost 60 per cent of Canadians are confident in their ability to save for retirement versus fewer than 40 per cent of Americans

- Almost 90 per cent of Americans are concerned about the performance of their 401K, while approximately two-thirds of Canadians express similar concerns about their RRSP

- However, half of both Canadians and Americans say they have or may have to delay their retirement or work part-time because of a shortage of retirement savings

The Right Mortgage for Right Now

- Almost two-thirds of Quebecers feel confident in their ability to save for their ideal retirement lifestyle

- Forty per cent have or will be making a contribution to an RRSP before the February 29, 2011 deadline - above the national average

- More than half either feel the same or are more optimistic about the markets compared to last year

- However, more than 60 per cent are concerned about the performance of their RRSPs

- One-in-three lack confidence in their ability to save for retirement - twice as many as during the 2010 tax year

- More than two-thirds express concern over the performance of their RRSP, given market volatility and the state of the economy

- Almost 70 per cent of Canadians plan on contributing more or the same amount to their RRSP this tax year compared to last

- In 2010 the average RRSP contribution was $4,700

- Almost 60 per cent of B.C. residents believe they are on the right path to realize their ideal retirement lifestyle

- However, 72 per cent are worried about the performance of their RRSPs given the current state of the economy

- B.C. residents most likely in Canada to contribute less to their RRSP than last tax year

- Three-in-five Albertans are confident in their ability to save for their ideal retirement lifestyle-making them among the most confident in Canada

- Yet, almost half of those surveyed do not plan to make an RRSP contribution this tax year

- Seventy-eight per cent of Albertans express concern over the performance of their RRSP, given market volatility and the state of the economy

- Residents in Manitoba and Saskatchewan lead country in RRSP adoption

- More than 40 per cent have or will be making a contribution to an RRSP this tax year

- Prairie Provinces are the most optimistic when it comes to their outlook for the financial markets

- However, more than three quarters are concerned about the performance of their RRSPs given current financial markets

- 49 per cent feel that they are on track to realize their ideal retirement lifestyle

- More than a quarter have or will be making a contribution to an RRSP before the February 29, 2012 deadline

- Almost half feel either the same or more optimistic about the financial markets going into 2012 compared to last year

- However, one-third believe they will have to delay retirement or work part-time during retirement

- Almost three-quarters of Ontarians plan on contributing the same amount or more to their RRSP during the 2011 tax year compared to 2010

- More than half are confident in their ability to save for their ideal retirement

- Given market volatility and the state of the economy, almost three-quarters of Ontarians are concerned about the performance of their RRSP

- Extended family members can play an important role in helping ensure the long-term financial well-being of a Canadian with a disability

- The holiday season is an excellent time for family to discuss the long-term financial needs of a relative with a disability

- BMO Holiday Spending Survey shows consumers are better prepared for holiday shopping now than in 2010, with most planning weeks or months in advance

- However, 11 per cent of Canadians still consider themselves last-minute shoppers

- Men more likely to leave gift shopping until the last minute (13 per cent vs 8 per cent of women)

- Canadians will donate an average of $487 in 2011

- Charitable donations usually spike during the holiday season and so do fraudulent charity schemes

- It's critical for Canadians to do their due diligence before making a donation

- BMO study finds that most grandparents give approximately $100 a year in gifts to each of their grandkids

- A holiday gift of $100 a year from each set of grandparents to an RESP can provide a child with up to $11,000 for their post-secondary education

- Current cost of a four-year degree can be up to $60,000; it could be as high as $140,000 for a child born in 2011

- BMO offers advice on how to maximize education savings

Writing a story on retirement or investing? Need some background, a quote, a different perspective?

Call the BMO RRSP Media Hotline at 1-866-298-8385 or e-mail Rachael McKay at rachael.mckay@bmo.com

- Over 78,000 franchises across Canada employ more than 1 million people

- Franchising accounts for over 10 per cent of Canada's GDP

- Franchised businesses account for over 40 per cent of all retail sales

BMO Reiterates that the 25 Year Amortization is the Right Mortgage for Right Now

- Only 37 per cent of Canadian parents have appointed a guardian

- 80 per cent of parents would look to family when choosing a guardian

- Majority don't know how much money they would leave to a guardian to cover additional expenses

- The holiday season is an excellent time to begin discussing guardianship with family and friends

- December 31st deadlines loom for Canadians who want to minimize taxes on their investments

- BMO survey finds that three-quarters of Canadians don't consider tax implications when investing; 40 per cent are not confident they're taking advantage of all tax incentives

- New program offers simple and cost effective way to buy and hold physical gold

- Allows investors to hold gold in a custodial account or arrange for home delivery

- Program helps farmers mitigate risk and manage cash flow

- BMO AgriInvest account allows farmers to increase their savings through market-leading rate

- One-in-three lack confidence in their ability to save for retirement - twice as many as last year

- More than two-thirds express concern over the performance of their RRSP, given market volatility and the state of the economy

- Almost 70 per cent of Canadians plan on contributing more or the same amount to their RRSP this year compared to last year

- In 2010 the average RRSP contribution was $4,700

- Three-in-five Albertans are confident in their ability to save for their ideal retirement lifestyle- making them among the most confident in Canada

- Yet, almost half of those surveyed do not plan to make an RRSP contribution this year

- Seventy-eight per cent of Albertans express concern over the performance of their RRSP, given market volatility and the state of the economy

- 49 per cent feel that they are on track to realize their ideal retirement lifestyle

- More than a quarter have or will be making a contribution to an RRSP this year

- Almost half are either more optimistic or feel the same about financial markets this year compared to last year

- However, one-third believe they will have to delay retirement or work part-time during retirement

- Almost 60 per cent of B.C. residents believe they are on the right path to realize their ideal retirement lifestyle

- However, 72 per cent are worried about the performance of their RRSPs given the current state of the economy

- B.C. residents most likely in Canada to contribute less to their RRSP than last year

- Residents in Manitoba and Saskatchewan lead country in RRSP adoption

- More than 40 per cent have or will be making a contribution to an RRSP this year

- Prairie Provinces are the most optimistic when it comes to their outlook for the financial markets

- However, more than three quarters are concerned about the performance of their RRSPs given current financial markets

- Almost three-quarters of Ontarians plan on contributing the same amount or more to their RRSP compared to last year

- More than half are confident in their ability to save for their ideal retirement

- Given market volatility and the state of the economy, almost three-quarters of Ontarians are concerned about the performance of their RRSP

- Almost two-thirds of Quebecers feel confident in their ability to save for their ideal retirement lifestyle

- Forty per cent have or will be making a contribution to an RRSP this year above the national average

- More than half are either more optimistic or feel the same about the financial markets compared to last year

- However, more than 60 per cent are concerned about the performance of their RRSPs

- While fewer than 20 per cent of Canadian investors are familiar with ETFs, three-quarters - after being told of their benefits - would consider adding them to their portfolios

- Lack of knowledge and not knowing where to begin cited as barriers to increased ETF adoption

- Two-thirds would invest in ETFs if they were structured in the form of a mutual fund

- BMO II's six ETF Portfolios provide access to the benefits of ETFs in the convenience of a mutual fund

Survey results reveal one in five Canadians plan to redeem their rewards for gifts this holiday season.

- Practice of redeeming rewards to purchase gifts increased 6 per cent to 20 per cent this holiday season.

- 85 per cent think it's acceptable to use rewards for gifts.

- 26 per cent of those using rewards for gifts said they will use the money saved to buy additional gifts for family and friends.

More Canadians planning to shop online this year compared to 2010

- BMO survey shows nearly half of Canadians planning to shop online for holiday gifts

- Canadians expect to spend $1397 this holiday season

More Canadians planning to shop online this year compared to 2010

- BMO survey shows nearly half of Canadians planning to shop online for holiday gifts

- Canadians expect to spend $1397 this holiday season

'Morning News Call' previews day's market activities

- Despite rising raw material costs, more than half of businesses have no plans to raise prices for customers

- Businesses in Alberta, Manitoba, and Saskatchewan most likely to keep prices the same, while those in British Columbia more likely to raise prices in 2012

- 79 per cent of business owners also plan to invest the same or more in their businesses next year

- Investors can choose from six target end date LifeStage Class Funds each with a different time horizon

- Each Fund may invest in BMO ETFs and/or other mutual funds

An Investment of $100 Can Build Into Significant Savings Through Regular Contributions to an RRSP, RESP, and/or TFSA

- BMO Consumer Research Analysts to provide Holiday Sales outlook as retailers and consumers approach Black Friday

- Hear from industry experts about holiday trends in the toys, apparel and digital entertainment sectors, as well as other areas of the retail industry

- BMO Consumer Research Analysts to provide Holiday Sales outlook as retailers and consumers approach Black Friday

- Hear from industry experts about holiday trends in the toys, apparel and digital entertainment sectors, as well as other areas of the retail industry

- BMO makes it easier than ever for customers to bank on-the-go with enhancements to online and mobile banking features

- BMO Consumer Research Analysts to provide Holiday Sales outlook as retailers and consumers approach Black Friday

- Hear from industry experts about holiday trends in the toys, apparel and digital entertainment sectors, as well as other areas of the retail industry

- Family trumps friends as executors (85 per cent and 7 per cent): spouses are most often appointed (40 per cent) and only one per cent have appointed a trust company as the executor of their own will

- Only 35 per cent of Canadian Boomers would seek the assistance of a professional if appointed as an executor

- Almost half of Canadian Boomers appointed as executor have experienced administrative complications

- Family trumps friends as executors (85 per cent and 7 per cent): spouses are most often appointed (40 per cent) and only one per cent have appointed a trust company as the executor of their own will

- Only 35 per cent of Canadian Boomers would seek the assistance of a professional if appointed as an executor

- Almost half of Canadian Boomers appointed as executor have experienced administrative complications

BC Premier Christy Clark Presented With Copy During Visit to Shanghai

- BMO Consumer Research Analysts to provide Holiday Sales outlook as retailers and consumers approach Black Friday

- Hear from industry experts about holiday trends in the toys, apparel and digital entertainment sectors, as well as other areas of the retail industry

- BMO Consumer Research Analysts to provide Holiday Sales outlook as retailers and consumers approach Black Friday

- Hear from industry experts about holiday trends in the toys, apparel and digital entertainment sectors, as well as other areas of the retail industry

- Nearly half (44 per cent) of Canadians hold a TFSA - up 8 per cent from 2010

- Almost 40 per cent are unaware of what investments are eligible

- Canadians contribute on average $3700 to their TFSAs per year

- Nearly half (44 per cent) of Canadians hold a TFSA - up 8 per cent from 2010

- Almost 40 per cent are unaware of what investments are eligible

- Canadians contribute on average $3700 to their TFSAs per year