Financial InstitutionsIndustry Trends

BMO Special Report on the Post-Pandemic Economy: Building a Bridge

TORONTO, ON–BMO Financial Group eleased an in-depth report on the long-term global structural shifts accelerated by the COVID-19 pandemic and current economic crisis. “We’re in the midst of one of the most significant social and economic challenges we’ve ever faced, where we must – now and in the coming months …

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Consumer BankingFinancial AdvisoryIndustry Trends

BMO Annual TFSA Study: Canadian Investors Show Changes in Financial Behavior and Build Momentum With Contributions in 2019

> More than half of Canadians (58 per cent) said they contributed what they had expected to their TFSA this year, while 11 per cent said it was more and 23 per cent said it was less than their anticipated plan > Average annual contribution is up 10 per cent …

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Business BankingIndustry TrendsMarket Research

Women entrepreneurs who apply for business loans are more likely than men to be approved, Scotiabank survey finds

On its first year anniversary, The Scotiabank Women Initiative™ releases new survey findings, expands program to Global Banking and Markets (GBM) TORONTO, ON–Women entrepreneurs who apply for business loans may fare better than they expect, according to survey results released today by Scotiabank on the first anniversary of The Scotiabank …

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Industry TrendsMergers & Acquisitions

Canadian executives express bullish outlook in times of economic uncertainty

EY Global Capital Confidence Barometer shows decline in M&A appetite despite optimism; Canadian executives optimistic that domestic and global economies are improving TORONTO, ON—Canadian executives are taking a cautious approach to dealmaking in the year ahead despite overwhelming economic optimism, according to the 21st bi-annual EY Global Capital Confidence Barometer. All …

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Canadian Equipment Finance Fall 2019 IssueCustomer ServiceIndustry Trends

Servitization to Supplant Ownership?

By Brendan Read Traditional ownership of assets and financing for notably automotive, office equipment, healthcare and agricultural products may soon become obsolete, tossed into the recycling bin. In its place will be product-as-a-service, or pay-per-use assets, also known as servitization. Servitization is an alloy of changing customer preferences to an …

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