News Releases

- Eight-in-ten Canadians expect to receive a tax refund this year

- Thirty-seven per cent will use their refund to pay down debt; 20 per cent plan to invest their refund

- According to the Canada Revenue Agency, the average tax refund is $1,585

- BMO Nesbitt Burns offers tips on how Canadians can use their tax refund wisely

- Personal income tax filing deadline fast approaching in Canada and U.S.

- The roughly 1 million Americans living in Canada could owe taxes in both countries

- New IRS amnesty policy encourages Americans living in Canada to get caught up

- BMO Nesbitt Burns' investment advisors can introduce you to an external cross-border tax advisor

- Federal Government Employees to Benefit from Industry-Leading Card Acceptance

- BMO enables access to detailed travel spend data to streamline travel management, meet transparency requirements

- Cards will be fully integrated with HRG's world-class booking, expense, and data management solutions

- Agriculture in Canada accounts for 8.1 per cent of total GDP and $63.5 billion in global trade

- Canadians try to purchase home-grown poultry, vegetables, beef, fruit and cheese always or frequently

- BMO encourages Canadians to buy locally produced food and beverages this holiday weekend

- Newly-launched BMO Wealth Institute helps Canadians better prepare for a confident financial future

- A four-year university degree can cost up to $140,000, yet three-quarters of Canadian parents with children under 18 have not made a detailed estimate

- Only half take advantage of the RESP

- Report outlines several options beyond RESPs to help save for college or university

- Innovative new ETFs designed to help investors construct their portfolio more effectively

- Expansion of U.S. dollar unit offerings allow investors more choice in how they access different asset classes

- BMO AM's suite has grown to 55 ETFs in under four years

- Canadian ETF industry grew by 33 per cent in 2012

- Newly-launched BMO Wealth Institute helps Canadians better prepare for a confident financial future

- A four-year university degree can cost up to $140,000, yet three-quarters of Canadian parents with children under 18 have not made a detailed estimate

- Only half take advantage of the RESP

- Report outlines several options beyond RESPs to help save for college or university

- 63 per cent of Canadians unfamiliar with how dividend income is taxed; 58 per cent unfamiliar on how capital gains are taxed

- Strategies involving charitable donations, RRSPs, and TFSAs are among the many ways Canadians can reduce their overall tax bill

- 63 per cent of Canadians unfamiliar with how dividend income is taxed; 58 per cent unfamiliar on how capital gains are taxed

- Strategies involving charitable donations, RRSPs, and TFSAs are among the many ways Canadians can reduce their overall tax bill

- Three-quarters of Canadians appreciate guidance when managing their investments

- However, more than half want to have the final say on whether they commit to an investment or not

- BMO InvestorLine offers a wide range of services to help investors of all types achieve their financial goals

BMO brings back 2.99 per cent rate on popular 5-year fixed mortgage with maximum 25-year amortization

BMO brings back 2.99 per cent rate on popular 5-year fixed mortgage with maximum 25-year amortization

- Deadline for contributing to an RRSP is midnight on March 1

- Three-quarters of Canadians have made or plan on making a contribution before the deadline

- BMO offers multiple options for Canadians looking to contribute

- BMO media spokespeople available to provide last-minute tips on RRSPs, saving for retirement and how to create a financial plan

- A third have too many activities and too little time in which to do them

- One in three say that retirement is more expensive than they expected

- Tip to younger Canadians: start saving as much as possible from an early age to realize ideal retirement lifestyle

- Seventy-two per cent of Canadian RRSP holders say their portfolio includes mutual funds

- Mutual funds comprise almost a third of total RRSP holdings

- Canadians cite professional management and ability to diversify as top reasons for choosing mutual funds

- Investors currently favour income-generating mutual funds

- Only 28 per cent of Canadian couples say they shared their plans for retirement with each other before getting married/living common law

- Eighty-six per cent of married/common law couples have had a discussion about their retirement

- More than 20 per cent of couples feel that differing views on retirement could be grounds for break-up/divorce

- $1 million is the average amount couples feel they need to fund their retirement

- Eighty per cent of Canadians 18-34 years old are not entirely confident in their ability to save for retirement

- Many young Canadians think their parents' retirement looks better than what their own retirement will be

- More than three-quarters worry about outliving their retirement savings

- BMO: It's critical to start saving for retirement at an early age

- Eighty per cent of Canadians 18-34 years old are not entirely confident in their ability to save for retirement

- Many young Canadians think their parents' retirement looks better than what their own retirement will be

- More than three-quarters worry about outliving their retirement savings

- BMO: It's critical to start saving for retirement at an early age

- BMO accounted for 40 per cent of total 2012 Canadian ETF industry inflows

- BMO ETF assets up 130 per cent in 2012; attracted $5 billion in net new assets

- BMO S&P/TSX Capped Composite Index ETF (ZCN) top ETF industry fund with $813 million in asset inflow

- BMO's extensive ETF line-up has grown to 48 funds in under four years

- Award-winning mutual fund business grew by 19.4 percent in 2012

- Global reach, regional expertise and boutique-style approach favored by individual and institutional clients

- Six new innovative funds launched to help U.S. investors help diversify their portfolios and achieve financial goals

- Yonge and Wellington branch was the first BMO branch to open in Aurora

- As the RRSP contribution deadline approaches, Canadians of all ages should review their portfolios to ensure they align with their retirement goals

- BMO SelectClass(R) funds offer four portfolios with varying risk levels to help suit the needs of investors at various life stages

- More than 40 per cent of Canadians would choose to invest extra money in a TFSA; 37 per cent in an RRSP

- Tax-free nature and anytime withdrawal from a TFSA seen as biggest benefits

- TFSAs and RRSPs can work together to help investors achieve their financial goals

- BMO offers limited time TFSA and RRSP promotions to encourage Canadians to save and invest for their future

- More than 40 per cent of Canadians would choose to invest extra money in a TFSA; 37 per cent in an RRSP

- Tax-free nature and anytime withdrawal from a TFSA seen as biggest benefits

- TFSAs and RRSPs can work together to help investors achieve their financial goals

- BMO offers limited time TFSA and RRSP promotions to encourage Canadians to save and invest for their future

- BMO offers a special 2.25 per cent interest rate on net new deposits to a TFSA Savings Account until April 30th

- According to the BMO Annual TFSA Report, the majority of Canadian TFSA holders plan to contribute the maximum allowable amount within the next five years

- The most common TFSA investment is cash savings, with the majority of Canadians holding cash savings within their TFSA

- First RRSP study of the year finds 60 per cent of Canadians feel anxious as they try to find money to contribute to their RRSPs

- Almost half of Canadians who make an annual RRSP contribution do so in one lump sum

- Two-thirds of Canadians are open to setting up a continuous savings plan that would allow them to make regular contributions throughout the year

- BMO offers Canadians a 15 per cent bonus on their first month's contribution to a newly-opened mutual fund Continuous Savings Plan

- Universe of Exchange Traded Funds has continued to grow

- Education key to selecting appropriate ETFs that match investment objectives

- BMO AM currently offers 48 ETFs, including many industry firsts

- BMO AM provides tips to help Canadians choose wisely

- One quarter of Canadians have family and assets abroad

- More than one-third of international asset holders are not familiar with the taxes and laws pertaining to their wills

- Assets abroad can include second properties, bank accounts and investments

- Corporate executorship is key to managing an estate with global components