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BMO Survey: Canadians Lag Americans on Perceptions of Financial Progress but Strong Financial Habits Established During the Pandemic

Share this article Share this article American consumer confidence and optimism strengthened by comparatively faster vaccination โ€“ indicative of whats next for Canadians 14 months into the pandemic, Canadians finding their financial footing with goal setting and regular saving but still challenged by making the best financial choices TORONTO, May 13, 2021 /CNW/ -ย With the U.S. on a faster trajectory to economic re-opening, nearly a third fewer Canadians feel confident about their financial ...
United States British Columbia James Decosimo Gayle Ramsay Financial Group Real Financial Progress

BMO and EDC Launch Trade Expansion Lending Program to Help Canadian Businesses Grow and Compete Globally

Share this article Share this article TORONTO, April 1, 2021 /CNW/ - To help Canadian businesses compete on a global scale, BMO Business Banking clients can now take advantage of the Trade Expansion Lending Program (TELP). The program is offered in collaboration with Export Development Canada (EDC). The Trade Expansion Lending Program is designed to help export-oriented, small and medium-sized businesses more quickly access working capital to expand outside of Canada. Eligible companies include...
United States Shelley Maclean Robert Fosco Mike Bonner James Decosimo Financial Group

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Digital Banking First: BMO Introduces Automated Digital Enrolment Feature to Help Customers Bank Online

Share this article Share this article TORONTO, March 16, 2021 /CNW/ -ย To help Canadian customers bank where and how they want, BMO has introduced a digital solution that more quickly and seamlessly enrols customers into commonly used mobile banking features. The solution, Automated Digital Enrolment, is a first for a major Canadian financial institution. With BMOs Automated Digital Enrolment, new and existing personal banking customers will benefit from the following: Simplified experience t...
United States Mathew Mehrotra James Decosimo Financial Group Automated Digital Enrolment Digital Enrolment

BMO Business Xpress Surpasses $1 Billion in Credit Authorizations, Saving Canadian Businesses Thousands of Hours

Share this article Leading onboarding platform has helped more than 20,000 small businesses across the country TORONTO, Dec. 22, 2020 /CNW/ -ย BMOs leading small business onboarding platform, BMO Business Xpress, has extended over $1 billion in credit authorizations to small businesses across the country, saving them time and helping them access capital more quickly. The onboarding platform has significantly reduced the time it takes to apply for a loan, from several days to roughly 20 minutes....
United States Mike Bonner James Decosimo Financial Group Canadian Business Banking Women Client Strategy

BMO Annual TFSA Study: TFSA Contributions Rise Amid Pandemic

While popularity increases, Canadians are underutilizing TFSAs and leaving money on the table TORONTO, Dec. 15, 2020 /CNW/ -ย As Canadians navigate the uncertainty of the COVID-19 pandemic, they are also focused on saving for their future. According to BMOs annual TFSA survey, a majority of Canadians were able to contribute what they were expecting to their TFSAs in 2020 and many were able to increase their overall contributions. But while Canadians continue to favor TFSAs, many are not taking ...
United States James Decosimo Financial Group Term Investments Atlantic Canada Free Savings Accounts

If You Open It, They Will Come: BMO Economics Releases Canadian Consumer Outlook

Share this article BMO encourages Canadians to support their communities by spending at local small businesses TORONTO, Dec. 11, 2020 /CNW/ - Household finances during the COVID-19 pandemic in Canada have shown remarkable strength relative to previous downturns โ€“ courtesy of historic government support โ€“ and Canadians appear ready to spend as soon as they are able, according to a new outlook for the Canadian consumer from BMO Economics. "Canadians financial health is highlighted by a mount...
United States Doug Porter Peter Scott John Mcnain James Decosimo Financial Group

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