News Releases

- Gift of contributing to a TFSA provides grads with tax-free growth

- The majority (64 per cent) of Canadians are knowledgeable about TFSAs while 44 per cent have a TFSA

- Average annual TFSA contribution is $3,700

- Number of stay-at-home dads has tripled in the past 30 years

- More than half of Canadians say their family would have to spend less on cars, travel and luxury items if one parent decided to stay home and take care of the kids; 49 per cent feel their cash flow would be significantly impacted

- BMO provides tips for families living on a single income

BMO is the first Canadian financial institution to offer Canadians an online tool to book branch appointments

- New funds respond to investor appetite for income-based products

- Strategies include covered calls, laddered bonds and use of income-based Exchange Traded Funds (ETFs)

- BMO study: almost three-quarters of Canadians are interested in generating more income from their investments