BMO

• Cooling housing market shows short supply didn’t fuel COVID price surge: BMO economist

  BMO's top economist is calling into question the role of a constrained housing supply in fueling home price growth during the COVID-19 pandemic.

  Economy

  Jul 20
  
• Canadian banks facing scrutiny from regulators as they look to expand to U.S.

  Canadian banks looking to expand in the U.S. through acquisitions are facing increased scrutiny from regulators and politicians along with renewed attention on past disputes.

  Canada

  Jun 27
  
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• BMO boosts quarterly dividend as it reports second-quarter profit

  BMO said Wednesday in its earnings results it will now pay a quarterly dividend of $1.39 per share, up six cents from $1.33 per share.

  Money

  May 25
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• Home prices under ‘full-scale attack’ as interest rates, taxes rise: economist

  Home prices across the country could drop as the Bank of Canada ratchets up interest rates and provinces target real estate speculators, a BMO analyst projects.

  Money

  Mar 30
• Calgary Renovation Show returns as in-person event for 1st time in 2 years

  While some public events in Calgary have cancelled due to rising COVID-19 cases, planners with the Calgary Renovation Show feel the show must go on.

  Consumer

  Jan 14
• BMO eyes further U.S. expansion with purchase of BNP’s Bank of the West

  BMO says the agreement, which involved its Chicago-based subsidiary BMO Harris Bank, will strengthen its expansion in the United States.

  Money

  Dec 20, 2021
• BMO hikes dividend 25% to close out big bank earnings

  BMO said it will now pay a quarterly dividend of $1.33 per share, up from $1.06. It also plans to buy back up to 22.5 million of its shares.

  Money

  Dec 3, 2021
• Vancouver Police Board told to change handcuff rules after arrest of Indigenous man

  A new report recommends Vancouver police change their handcuffing policy after the arrest of an Indigenous man and his granddaughter at a bank in 2019.

  Canada

  Oct 20, 2021
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• BMO reports higher profits in Q3, topping expectations

  BMO Financial Group topped expectations as it reported a third-quarter profit of nearly $2.28 billion, up from a profit of $1.23 billion a year ago.

  Money

  Aug 24, 2021
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• Security footage released in case of B.C. Indigenous man, granddaughter handcuffed outside bank

  Max Johnson from Bella Bella, who had been a BMO customer since 2014, had taken his granddaughter to the downtown Vancouver branch on Dec. 20, 2019, to open an account for her.

  Canada

  Jun 16, 2021