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Don't Get "Fooled" This Tax Year-BMO Provides Ideas on How to Minimize Taxes on Investments

ID: 130673
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(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 04/01/12 -- With today being April Fools' Day and the tax deadline approaching, BMO advises Canadians to make a resolution not to be "fooled" on how their investments are taxed. A survey commissioned by BMO shows that more than three-quarters of Canadians do not take tax implications into consideration each time they make an investment decision.

"There are many tax-saving strategies, some very simple, that Canadians can use to save money in the short and long-term," said John Waters, Vice-President and Head of Technical Expertise, BMO Nesbitt Burns. "The best strategy is to educate yourself on the options available to you, and plan ahead."

BMO offers the following ideas for minimizing taxes on investments:

For more information on BMO, please visit: .

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Media Contacts:
Amanda Robinson, Toronto

Sarah Bensadoun, Montreal

Laurie Grant, Vancouver

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bmo, financial, mortgages, retirement, small-business, banking, investing, rrsp, mastercard, metals,

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published by: MARKETWIRE
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Date: 04/01/2012 - 09:00
Language: English
News-ID 130673
Character count: 0
Firma: BMO Financial Group and BMO Bank of Montreal

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