BMO News and Press, Bank Of Montreal From 09/29/22

BMO Recognized for Best Fintech Accelerator and Incubator at 2022 Finovate Awards Canada NewsWire TORONTO , Sept. 29, 2022 /CNW/ - BMO's Innov8 program has ranked first in the Best Fintech Accelerator and Incubator Award category at the recent 2022 Fino...

Many new investors are focused on creating passive income through dividend stocks right now. This wasn’t the case a few years ago during the pandemic, when it seemed like growth stocks were the best bet. But times have changed, and it’s become obvious that during a downturn, i...

The Canadian banking sector, as a whole, has been under pressure. It actually moves in tandem with the Canadian stock market. Here’s the year-to-date price action of the banking sector (using BMO Equal Weight Banks Index ETF as a proxy), the Canadian stock market (using iShares...

BMO 1st Art! Announces Winners of its 20th Annual Competition Canada NewsWire One national winner and 11 regional winners named $15 ,000 awarded to the national winner; $7,500 awarded to each regional winner All selected works to be...

81 per cent of Canadians concerned about recession occurring in the next three months: BMO Real Financial Progress Index Canada NewsWire 81 per cent of Canadians are concerned a recession is on the horizon this year and three quarters (75 per cent) report that their ...

BMO Supporting Communities with Relief Efforts in Atlantic Canada and Eastern Quebec Canada NewsWire TORONTO , Sept. 26, 2022 /CNW/ - BMO Financial Group today announced a donation of $250,000 to the Canadian Red Cross and other local community agenci...

A Canadian First: BMO and Concordia University Partner for a Sustainable Future with Innovative Sustainability-Linked Loan Canada NewsWire Loan tied to Concordia University Foundation's public target of 100 per cent sustainable investments by 2025, including by d...

Many people forget about inflation until it gets out of control, as it has in 2022. Now, everybody is talking about rising prices and reduced purchasing power. Surging inflation presents a major risk, especially to retirees . The amount of savings in earlier years plus seniorsȁ...

Summary The sentiment for the stock market is pretty negative. High inflation, rising interest rates, and the inverted yield curve all point to a potential recession. BMO is not at bargain levels yet, but time and time again shows that it's a good time to accumulate quality di...

Buying stocks during a market correction takes courage, but the long-term rewards can be significant for patient investors. One popular strategy involves buying top TSX dividend stocks and using the distributions to acquire new shares. Investors seeking to develop a dividend reinves...