News Releases

- Four in ten buyers have increased their price point by 21 per cent

- Preference for condos and detached houses fall, as semi-detached rises

- Ontario, B.C. and Alberta expect to spend more than national average

New offerings are ideal choices for younger Canadians looking for affordable, convenient insurance policies

- $818,000 is the Average Amount This Cohort Feels They Need to Have for Retirement, but the Average Amount They Have Saved to Date is Just $258,000

- More Than Half Are Currently Caring for Children, Aging Relatives, or Both

- Seventy-Six per cent Feel That the Stress of Everyday Living is Impacting Their Ability to Meet Long Term Financial Goals

- However, the Good News Is This Cohort Has Years to Make Up for the Shortfall

- Canadian ETF market currently stands at $70.1 billion in AUM, up more than 11 per cent from year end 2013

- International efficiencies, rise of smart beta ETFs, and increased competition have fueled industry in 2014

- Trends moving forward will include growth in ETF-based portfolios

- Webpage will help educate women who are considering a career in investment advisory to understand better what the role entails

- The site will also provide tools and a supportive platform to assist existing female investment advisors build successful practices

- Eighty-nine per cent of Canadian women feel that the financial services industry should be doing more to help female employees balance work/home lives

- More than half of Canadians have received an inheritance; two-thirds believe they will receive an inheritance in the future

- Ninety-one per cent plan to invest at least a portion of their inheritance

- Seventy-five per cent think it is important to leave money to the next generation

- Three-quarters expect to spend the same or more compared to last summer

- However, six-in-ten say they are more concerned with saving money than in 2013

- Impulse purchases account for nearly 20 per cent of summer spending

- First introduced in June 2009, BMO ETFs' AUM currently stands at $14.7 billion

- Suite of 58 ETFs, including innovative smart beta and specialty solutions, a wide array of fixed income strategies and strongly competitive broad market benchmarked funds

- Canadian ETF industry assets have increased 14 per cent in last year

- Individuals 18-35 who open a Self-Directed account will receive 35 free trades, waived fees, a free Globe and Mail eBook and a chance to win a $3,500 cash prize

- Eighty-one per cent of young Canadians plan to begin investing online within the next five years

- This offer follows BMO InvestorLine's introduction of $9.95 flat-fee trading in February

- Friendlier job market, slightly higher incomes and more wealth have put young families in a better economic position today than thirty years ago

- However, high debts and housing costs still cause for concern

- Three-year sponsorship and partnership will focus on educating individuals about the benefits of the Registered Disability Savings Plan (RDSP)

- BMO Bank of Montreal will be offering a $4 discount on monthly Everyday Banking Plans to BMO RDSP beneficiaries

- Reduction of Series F management fees will provide access to lower cost mutual funds within fee-based accounts

- Thirty-three new discount Series D mutual funds now available exclusively to BMO InvestorLine self-directed clients

- With the busy home buying season on the horizon, BMO offers tips for house hunters on how to build the biggest down payment possible