News Releases

You don't have to buy a new pair of shoes to balance the family budget

- BMO counted more than 30 million pennies for Canadians last year

- BMO recommends Canadians take advantage of BMO's free coin counters to make their pennies count

- More than three-quarters of Canadians don't take tax implications into consideration with every investment decision

- Strategies to reduce capital gains taxes include: catching up on unused RRSP room; deferring the gains to next year; using capital losses to offset gains; and donating appreciated securities to a charity

- While history has favoured variable, current conditions have heavily tilted the scales in favour of fixed rates

- Locking-in-combined with a shorter, 25-year amortization period-significantly strengthens household financial stability

- BMO recommends Canadian homebuyers choose a shorter amortization to begin building equity in their home faster

- 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

- Assets under management have grown more than 30 per cent in first two months of 2012

- BMO ETFs led Canadian ETF industry in growth in 2011; ranked #1 in customer loyalty

- BMO ETFs growth being driven by fixed income, strategic non-indexed and yield-oriented equity ETF offerings

- BMO ETF Report: new product offerings, innovation and price competition will drive industry growth in 2012

- BMO's five-year fixed rate provides a shield against rising rates for a longer period of time

- BMO's shorter 25-year amortization reduces the mortgage balance faster

- 2.99 per cent rate minimizes the cost of homeownership over time

- BMO invites new and existing customers to enjoy the benefits of this offer

- Get pre-approved at BMO by March 28 and take three months to find the right home within your budget

- Introduces new 10-year fixed low-rate mortgage with 25 year amortization at 3.99 per cent

- Lowers rate on 5-year low-rate mortgage with 25 year amortization to 2.99 per cent

Releases Inaugural Report "Single in Retirement"

January through March is typically the busiest period for out-of-country travel

- Trips out of country increased 5.9 per cent last year

- Spending by Canadians abroad grew 11.24 per cent

- Top U.S. Destinations include New York, Florida, Washington

- Domestic travel expected to increase modest 1.8 per cent in 2012

- BMO offers tips on foreign exchange and payment options for travellers

Access to capital, developing a business plan, and finding customers top challenges

- Food and hospitality, retail/services, and arts/entertainment & recreation most favoured sectors

- 52 per cent of Canadians believe access to capital to be the primary challenge to starting their own business

- 86 per cent of potential entrepreneurs say sharing knowledge with other business owners will be important to their success

- Midnight, February 29th is the deadline for contributing to an RRSP

- BMO offers multiple options for Canadians looking to contribute

- BMO media spokespeople available to provide last-minute RRSP advice

Tony Robson and David Haughton hosting BMO Capital Markets' 21st Global Metals & Mining Conference this week

- Outlook for copper factors in strong demand from China

- Gold consumption in India and China has been a key driver of the market

- Major outflows in burgeoning ETF industry carry potential risk to impact silver prices