BMO News and Press, Bank Of Montreal From 10/06/22

Summary The BOC is getting more hawkish due to inflation remaining well above the target range. Some investors fear that this will hurt banks due to a potential housing market slowdown. The Canadian housing market is not comparable to the US housing market. Risks are not at al...

Inflation hurts everyone’s pockets, but the abnormally high level today means you can lose purchasing power twice or thrice faster. The Bank of Canada’s target range is between 2% and 3% but the actual inflation rate in August 2022 was 7%. Even if economists projected the rate...

BMO offers free access to Headspace to North American employees and their families Canada NewsWire Survey reveals only 4 per cent of North Americans rely on employers for wellness support 65 per cent place importance on support for wellness, including mental ...

Summary Canadian GDP growth is forecast to outpace the U.S., UK, and Eurozone in 2023. National Bank of Canada is one of Canada’s most domestically-focused, large systematically important banks. This positions it to benefit from Canada’s above average economic growth...

There are a lot of people out there wanting to invest but super nervous about it. And that’s completely warranted right now. The TSX today is at or near 52-week lows as of writing, down 12% year to date and falling. Some of the growth stocks we thought would never come down are n...

Have you been feeling the pain of the market’s recent volatility? If so, you’re not alone. It’s bad enough that the Canadian stock market as a whole is down more than 10% in 2022. But on top of that, the volatility has been off the charts. In turbulent market condit...

Sometimes, the best time to buy stocks is when everyone else is afraid to jump aboard. That's easier said than done, of course, as not all stocks recover from a significant price drop. And the reason (or reasons) behind the price drop can also complicate matters. Right now, the S&...

The market correction is tough to watch, but pullbacks give retirees and other Tax-Free Savings Account (TFSA) investors focused on passive income a chance to buy great Canadian dividend stocks at cheap prices. Yields are now at attractive levels, and there is potential for big tota...

The rising interest rate environment has many investors worried about a recession. Banks are worried too. And yet, higher rates are also a big benefit for banks. How banks manage this economic dichotomy will make a significant difference to their bottom-line profits over the next few quarte...

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...