BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like ...

BMO offers both a Smart Fixed closed mortgage and a fixed-rate closed mortgage. Here’s the difference between the two: With any closed mortgage, you can prepay a certain amount each year without ...

Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...

"BMO is committed to driving innovation to help ... "Empowering fintech startups isn't just the right thing to do—it's a smart investment in the future of financial innovation.

Canadian P&C Revenue: Record $3 billion, PPPT up 13%. US P&C PPPT Growth: 6%. BMO Wealth Management PPPT Growth: 48%. BMO Capital Markets PPPT Growth: 67%. Provisions for Credit Losses (PCLs): $1 ...

Analysts on BMO's earnings call were anxious to hear about how the bank is preparing for the disruption that tariffs will cause and how the situation may play out for U.S. and Canadian commercial ...

BMO also added the steel and aluminum sector to its list of industries that are more prone to risk. "With newly announced tariffs between Canada and the United States, and consideration to the ...