'Hardly A Hint Of Recession' In Canada's Housing Market

'Hardly A Hint Of Recession' In Canada's Housing Market

Daniel Tencer  08.11.2015
Canada may be in the midst of a "technical recession," as economists like to call it (we won't know for sure until StatsCan's GDP release...
Cheap Oil, Pricey Gas ‘A Lose-Lose Situation': BMO

Cheap Oil, Pricey Gas ‘A Lose-Lose Situation': BMO

Daniel Tencer  07.22.2015
There was supposed to be a silver lining to the oil price collapse that has devastated Western Canada’s economy. Lower energy prices...
LOOK: Canada Less And Less Important To U.S. Economy

LOOK: Canada Less And Less Important To U.S. Economy

Daniel Tencer  07.16.2015
It was a little alarming to hear the Bank of Canada declare Wednesday that it was “puzzled” by the lack of strength in Canadian exports....
BMO Sees Bright Side Of Greek Crisis: Cheap Yogurt, Feta, Ouzo

BMO Sees Bright Side Of Greek Crisis: Cheap Yogurt, Feta, Ouzo

Daniel Tencer  06.29.2015
Monty Python taught us always to look on the bright side of life, and the Bank of Montreal takes that advice to heart in a new report on...
This Chart Will Make You Seriously Suspect You're Getting Ripped Off At The Pump

This Chart Will Make You Seriously Suspect You're Getting Ripped Off At The Pump

Daniel Tencer  06.18.2015
If you drive regularly, you may have noticed that gas prices have risen substantially in recent weeks. The average pump price is back up...
‘Unluckiest. Recovery. Ever.'

‘Unluckiest. Recovery. Ever.'

Daniel Tencer  06. 1.2015
It wasn’t that long ago that Canadians were congratulating themselves, however quietly, on weathering the Great Recession better than...
BMO Sees Profit Drop

BMO Sees Profit Drop

CP  05.27.2015
TORONTO - Bank of Montreal says profits dropped seven per cent in its second quarter, as it logged a $106-million charge for restructuring...
Report: First-Time Home Buyers Turning To 'Bank Of Mom And Dad'

Report: First-Time Home Buyers Turning To 'Bank Of Mom And Dad'

CP  04.23.2015
TORONTO - A Bank of Montreal report suggests first-time home buyers are increasingly turning to the "Bank of Mom and Dad."BMO's 2015 Home...
Loonie ‘Undervalued' But ‘Worst Days Are Over': BMO

Loonie ‘Undervalued' But ‘Worst Days Are Over': BMO

Daniel Tencer  04.21.2015
Same-day trips to the U.S. from Canada have plunged 28 per cent in the past two years, a sign that the loonie is undervalued, the Bank...
For First Time Since Financial Crisis, U.S. Beats Canada On Jobs

For First Time Since Financial Crisis, U.S. Beats Canada On Jobs

Daniel Tencer  04.14.2015
It’s pretty much official: Canada's seven-year reign as a better place to find work than the U.S. is over. Canada’s unemployment...
What Harper Giveth, The Provinces Taketh Away

What Harper Giveth, The Provinces Taketh Away

Daniel Tencer  03.30.2015
Prime Minister Stephen Harper is undoubtedly hoping that this year’s round of tax cuts and expanded family benefits will make Canadians...
BMO Chief Sees Big Pay Hike Despite Missing 3 Of 4 Performance Targets

BMO Chief Sees Big Pay Hike Despite Missing 3 Of 4 Performance Targets

03.20.2015
The chief executive of Bank of Montreal got a half-million-dollar raise last year, despite the bank missing three of four performance targets,...
Half Of Canada's Housing Markets Now ‘Very Weak': BMO

Half Of Canada's Housing Markets Now ‘Very Weak': BMO

Daniel Tencer  03.17.2015
Even as the Bank of Montreal lowers mortgage rates in what has become a traditional springtime mortgage rate war, the bank’s research...
BMO Sends Rock-Bottom Mortgage Rate Even Lower

BMO Sends Rock-Bottom Mortgage Rate Even Lower

CP  03.17.2015
TORONTO -- The Bank of Montreal is lowering one of its mortgage rates by about 6.7 per cent, effective immediately. The change affects...