(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:
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Contacts: Media Contacts: Amanda Robinson, Toronto 416-867-3996