BMO Starts Another Mortgage War

BMO Starts Another Mortgage War

Linda Nguyen, The Canadian Press  09.10.2014
TORONTO - The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 per cent in a move that some real estate experts say...
'Sandwich Generation' Struggling To Pay For Kids, Parents: BMO

'Sandwich Generation' Struggling To Pay For Kids, Parents: BMO

The Canadian Press  08.12.2014
TORONTO - A new poll suggests more than half of Canadians aged between 45 to 64 belong to a "sandwich generation" that's feeling financially...
B.C. Mine Spill Aftermath Could Cost $200 Million

B.C. Mine Spill Aftermath Could Cost $200 Million

08.11.2014
As the water use ban is partially lifted for the B.C. Cariboo region hit by a tailings pond spill from a gold and copper mine, the focus...
The Surprising Province That Has Canada's Most Indebted People

The Surprising Province That Has Canada's Most Indebted People

Daniel Tencer  08. 5.2014
Canadians increased their debt burdens by about six per cent over the past year, according to a new survey from BMO, but when it comes...
This Is How Much Canadians Can Expect To Inherit

This Is How Much Canadians Can Expect To Inherit

Daniel Tencer  07. 9.2014
The average inheritance in Canada today is just under $100,000, according to a new survey from BMO, and some two-thirds of Canadians anticipate...
BMO Predicts When Canada's Housing Market Will Go Bad

BMO Predicts When Canada's Housing Market Will Go Bad

Daniel Tencer  06.12.2014
Canada’s housing market will move into a protracted slump around 2018 thanks to shifting population patterns, the Bank of Montreal predicts...
Teens Hack BMO Bank Machine Using Default Password

Teens Hack BMO Bank Machine Using Default Password

Daniel Tencer  06. 9.2014
Bank of Montreal says it’s taking steps to change its security procedures after two 14-year-old high school students managed to hack...
On This, The U.S. And Canada Are Now Very Different

On This, The U.S. And Canada Are Now Very Different

Daniel Tencer  04.28.2014
For many years, the Canadian and U.S. housing markets tracked each other fairly closely, but that hasn’t been the case since the U.S....
Housing Correction Could Trigger Recession: BMO

Housing Correction Could Trigger Recession: BMO

The Canadian Press  04.17.2014
OTTAWA - The Bank of Montreal says a sudden and sharp correction in the housing market could have a devastating impact on the Canadian...
Oliver Issues Warning As New Mortgage War Brews

Oliver Issues Warning As New Mortgage War Brews

Julian Beltrame and David Friend, The Canadian Press  03.27.2014
TORONTO — Finance Minister Joe Oliver says he will keep a close eye on the Canadian housing market after the Bank of Montreal pulled...
First-Time Home Buyers Willing To Fork Over More: Report

First-Time Home Buyers Willing To Fork Over More: Report

The Canadian Press  03.18.2014
TORONTO - A Bank of Montreal report on first-time home buyers says the average budget has increased to $316,100.That's up nearly six per...
<i>St. John's</i> A Better Place To Find Work Than Toronto?

St. John's A Better Place To Find Work Than Toronto?

Daniel Tencer  03. 3.2014
Toronto’s rising unemployment rate is making it an increasingly tough place to find work, but some recent data suggests it could be even...

This Bank Just Gave A Customer's Inheritance To A Scam Artist

03. 3.2014
A Bank of Montreal customer is going public about how the bank wired $87,500 of his inheritance money into the hands of a scammer. “My...
BMO Q1 Profit Rises

BMO Q1 Profit Rises

The Canadian Press  02.25.2014
TORONTO - Bank of Montreal (TSX:BMO) saw its profits grow to $1.06 billion in its latest quarter, boosted by improved results across its...