News Releases

BMO Salutes Finance Minister Jim Flaherty for Designating November as Financial Literacy Month

- Half of Business Owners say Social Media has the Potential to Increase Their Business Profitability

- Canadian Business Owners say on Average 28 per cent of Their Marketing Efforts are Focused Online, While one-in-five Lack Social Media Savvy

- Business Owners 'like' Facebook first; LinkedIn and Twitter are Their Second and Third Choices

- Half of Business Owners say Social Media has the Potential to Increase Their Business Profitability

- Canadian Business Owners say on Average 28 per cent of Their Marketing Efforts are Focused Online, While one-in-five Lack Social Media Savvy

- Business Owners 'like' Facebook first; LinkedIn and Twitter are Their Second and Third Choices

- 94 per cent of Canadians believe it's important to support local farmers and buy local food on a regular basis.

- 1,100 egg farmers in Canada produce 500 million dozen eggs each year (6 billion eggs)

- Agricultural sector employs one in eight jobs directly and accounts for approximately eight per cent of Canada's total Gross Domestic Product

- Half of Business Owners say Social Media has the Potential to Increase Their Business Profitability

- Canadian Business Owners say on Average 28 per cent of Their Marketing Efforts are Focused Online, While one-in-five Lack Social Media Savvy

- Business Owners 'like' Facebook first; LinkedIn and Twitter are Their Second and Third Choices

- New BMO branch represents a $1.3 million investment into the community

- Saskatchewan leading Canada in economic growth in 2012

- Now open on Saturdays with extended hours

New co-branded No-Fee Chequing and High-Interest Savings Accounts offer service, convenience and value

- New open-concept branch represents a $1.7 million investment into the community

- 'Making Money Make Sense' in five different languages, six days a week

- Franchisees stand to benefit from growth in retail and service sectors

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

- Over 78,000 franchises across Canada employ over 1.5 million people

- Franchisees stand to benefit from growth in retail and service sectors

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

- Over 78,000 franchises across Canada employ over 1.5 million people

- 94 per cent of Canadians believe it's important to buy locally grown produce and wine on a regular basis

- Agricultural sector accounts for approximately eight per cent of Canada's total Gross Domestic Product

- 94 per cent of Canadians believe it's important to buy locally grown produce and wine on a regular basis

- Agricultural sector accounts for approximately eight per cent of Canada's total Gross Domestic Product

Writing a story on small business? BMO has experts across the country. To arrange an interview, please contact 416-867-3996.

- New video series to launch this Fall

- Blog features insights from BMO small business bankers and industry experts

- Short podcasts available to download for advice on the go

- BMO pairs with Google for special offer on Google AdWords and Secure Vault

BMO offers tips on how to become mortgage free faster

Appoints senior portfolio manager Thomas Vester Nielsen to lead and manage funds

- Product exclusive to BMO clients enables them to 'hold the gold'

- Will be available through BMO Nesbitt Burns

- Allocated gold program is secure for account holders

Majority of students and parents agree they should share responsibility of education costs, but with strings attached - One in three parents expect repayment from their child for post-secondary education in 2-5 years

- Most parents (51 per cent) are willing to go into debt to fund their children's post-secondary education

- Parents paying for their child's education expect control and visibility over their children's post-secondary affairs; nearly one-third of students disagree

Majority of students and parents agree they should share responsibility of education costs, but with strings attached - One in three parents expect repayment from their child for post-secondary education in 2-5 years

- Most parents (51 per cent) are willing to go into debt to fund their children's post-secondary education

- Parents paying for their child's education expect control and visibility over their children's post-secondary affairs; nearly one-third of students disagree

- First introduced in June 2009, BMO ETFs currently stand at $3 billion in AUM

- BMO's ETF business has doubled in 2011 alone

- 40 ETFs now in line-up, including several industry firsts in fixed income, target maturity, ETF portfolios and covered call

Convenient, fast and secure PayPass technology now available to personal credit card customers who want to use their mobile device to make small-dollar-value purchases.

- More than 25 million Canadians carry a mobile phone.(1)

- BMO study indicates convenience is the primary factor that drives Canadians' choice of payment method.

- BMO Mobile PayPass customers have access to more than 19,000 PayPass-accepting merchant locations in Canada and more than 340,000 worldwide.

- BMO Economics report presents both sides of fixed vs. variable debate

- While historic trends favour variable, the current interest rate environment makes it a much closer call than ever

- BMO recommends Canadian home buyers 'stress test' their mortgage based on a higher interest rate

BMO Bank of Montreal opens fully equipped and fully staffed branch trailer at Suncoast Mall while tornado-damaged branch is refurbished

- BMO Economics report presents both sides of fixed vs. variable debate

- While historic trends favour variable, the current interest rate environment makes it a much closer call than ever

- BMO recommends Canadian home buyers 'stress test' their mortgage based on a higher interest rate

- First introduced in June 2009, BMO ETFs currently stand at $3 billion in AUM

- BMO's ETF business has doubled in 2011 alone

- 40 ETFs now in line-up, including several industry firsts in fixed income, target maturity, ETF portfolios and covered call

- First introduced in June 2009, BMO ETFs currently stand at $3 billion in AUM

- BMO's ETF business has doubled in 2011 alone

- 40 ETFs now in line-up, including several industry firsts in fixed income, target maturity, ETF portfolios and covered call

BMO's Annual Summer Spending Survey shows where Canadians are spending their money

BMO Bank of Montreal makes interim arrangements to serve Goderich and area customers while tornado-damaged branch is repaired

BMO experts available to put the Summer in context and help investors prepare for what the markets may have in store for them this Fall

BMO's Annual Summer Spending Survey shows where Canadians are spending their money

Travel Managers Can Gain Deeper Insight Into Travel Spending by:

- Mandating employee use of corporate cards with a widely accepted provider

- Implementing a travel dashboard to manage data from multiple sources

- Using insight distilled from a dashboard to effectively manage travel programs

Helps Travel Managers Cut Costs and Gain Insight Into Company Travel Spend

- Quickly identify opportunities to cut costs and improve operational efficiency through detailed reporting on travel spend

- Ability to gather and correlate all travel data from multiple sources

- At a glance, determine compliance to travel policies and immediately view actual spend vs. budget - for your organization, for individual cost centers and even for specific vendors

65 per cent of postsecondary school students use a credit card, and use it wisely

- Debit (81 per cent) and credit cards (65 per cent) are top payment preferences for Canadian students

- Students use their credit cards 12 times per month on average

- 73 per cent pay off their full balance every month

- 83 per cent say they are confident they know how to use their credit card effectively

65 per cent of postsecondary school students use a credit card, and use it wisely

- Debit (81 per cent) and credit cards (65 per cent) are top payment preferences for Canadian students

- Students use their credit cards 12 times per month on average

- 73 per cent pay off their full balance every month

- 83 per cent say they are confident they know how to use their credit card effectively

- Existing home sales up 12.3 per cent from July 2010

- Sales should remain strong given low borrowing costs

- 'Making Money Make Sense' in three different languages: English, Cantonese and Portuguese

- New BMO branch represents a $1 million investment into Toronto's growing urban community

- 'Making Money Make Sense' in three different languages: English, Cantonese and Portuguese

- New BMO branch represents a $1 million investment into Toronto's growing urban community

BMO provides tips for Canadian investors to protect their portfolios while on holiday

- More than one quarter of Canadians living paycheque to paycheque

- More than one quarter of Canadians living paycheque to paycheque

- More than 40 per cent of Canadians will not be able to handle their financial obligations in the event of an emergency

- Debt and everyday expenses top list in preventing Canadians from saving

- BMO encourages Canadians to seek out high-interest savings tools to take advantage of greater returns

- More than 40 per cent of Canadians will not be able to handle their financial obligations in the event of an emergency

- Debt and everyday expenses top list in preventing Canadians from saving

- BMO encourages Canadians to seek out high-interest savings tools to take advantage of greater returns

- More than 40 per cent of Canadians will not be able to handle their financial obligations in the event of an emergency

- Debt and everyday expenses top list in preventing Canadians from saving

- BMO encourages Canadians to seek out high-interest savings tools to take advantage of greater returns

- Declining cognitive abilities, which can be caused by Alzheimer's and other forms of dementia, hinder aging Canadians' ability to make financial decisions

- Insight from BMO's Tina Di Vito; Dr. Michael Baker; and Elena Hoffstein, LLB

- A Continuing Power of Attorney (CPOA) is an effective way of planning for possible decision making incapacity

- Less than 60 per cent of Canadians aged 45+ have a CPOA

- Declining cognitive abilities, which can be caused by Alzheimer's and other forms of dementia, hinder aging Canadians' ability to make financial decisions

- Insight from BMO's Tina Di Vito; Dr. Michael Baker; and Elena Hoffstein, LLB

- A Continuing Power of Attorney (CPOA) is an effective way of planning for possible decision making incapacity

- Less than 60 per cent of Canadians aged 45+ have a CPOA

BMO Offers Financial Tips to 'Float Your Boat'

BMO offers the top 10 eco-friendly tips to keeping your house cool this summer and the BMO Eco Smart Mortgage(TM)

- Majority of homeowners plan to do indoor renovations

- Kitchens top the list, followed by bathroom and basement renovations

- Majority plan to use personal savings to fund their renos, while only five per cent will use a credit card

- Majority of homeowners plan to do indoor renovations

- Kitchens top the list, followed by bathroom and basement renovations

- Majority plan to use personal savings to fund their renos, while only five per cent will use a credit card

Only three months after hitting $2 billion, BMO sees 35 per cent increase

- Compared to last year, more Canadians are living at or beyond their means (32 per cent vs. 20 per cent)

- More than one-quarter (27 per cent) are living paycheque to paycheque compared to 16 per cent in 2010

- BMO offers tips and advice to help manage household finances and pay down debt faster

- Free new feature helps Canadians keep track of day-to-day account activity, including notifying you when your account drops below certain levels

- BMO is the first bank to offer integrated alerts across all mobile platforms with multiple delivery methods, such as text message, email and iPhone 'push' notification.

BMO's Five-Year Fixed Low Rate Mortgage Currently at 3.89 Per Cent

First-Ever Large-Format Interactive Display Will Inform and Entertain Travellers Making Their Way Through Toronto's Pearson International Airport

- BMO's "Uncover the Rewards" game a first in Canadian airports

- More than 20 million travellers will view the game at Toronto's Pearson International Airport

First-Ever Large-Format Interactive Display Will Inform and Entertain Travellers Making Their Way Through Toronto's Pearson International Airport

- BMO's "Uncover the Rewards" game a first in Canadian airports.

- More than 20 million travellers will view the game at Toronto's Pearson International Airport

- Registered savings plans allow Canadians to invest in a tax-efficient manner

- However, despite the many benefits of registered plans:

-- Less than 10 per cent of those eligible have an RDSP

-- Barely half of parents have opened an RESP for their children

Easy-to-use mobile app part of BMO Marketplace App and provides tools and resources to make sense of home shopping

- The latest BMO app calculates home ownership costs, forecasts mortgage expenses and creates customized home checklists

- One-touch access to BMO SmartSteps for Homeowners-online hub providing expert advice from BMO mortgage specialists and guest bloggers

- Leger report shows 45 per cent turn to online resources such as websites and blogs for financial information and advice

- China Now Rivals the United States as the Most Appealing Foreign Market

- 76 per cent have Plans to Do Business in Emerging Markets

- BMO survey shows 25 per cent of British Columbians have experienced a bidding war, followed by home buyers in Ontario, the Prairies and Atlantic Canada

- On average, those that do experience a bidding war willing to pay 9 per cent above the asking price

- 58 per cent of Canadians had flexibility in their budget when planning to purchase a home

- According to BMO Economics, Canada has virtually two major housing markets - Vancouver and the rest of Canada

- BMO survey shows 25 per cent of British Columbians have experienced a bidding war, followed by home buyers in Ontario, the Prairies and Atlantic Canada

- On average, those that do experience a bidding war willing to pay 9 per cent above the asking price

- 58 per cent of Canadians had flexibility in their budget when planning to purchase a home

- According to BMO Economics, Canada has virtually two major housing markets - Vancouver and the rest of Canada