BMO: Canadian Businesses Stand to Benefit from Federal Budget

Budget extends support to Manufacturing, Skills Training

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 03/21/13 -- Today's federal budget, released today by Finance Minister Jim Flaherty, provides new support for manufacturing, skills training and infrastructure, according to BMO Commercial Banking.

Key initiatives include:

"The extension of the accelerated capital cost allowance, in conjunction with the continuing strength of the Canadian dollar, gives manufacturers the opportunity to invest in their operations and improve productivity," said Steve Murphy, Senior Vice President, Commercial Banking, BMO Bank of Montreal. "Combined with the Canada Job Grant and infrastructure funding, this budget is good news for Canadian business. We congratulate the Minister for his efforts to support Canadian firms."

Mr. Murphy encouraged businesses to get their share of the $10 billion in credit BMO has made available, giving them access to the capital they need to grow.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at January 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.



Contacts:
Media Contacts:
Matt Duffin, Toronto
(416) 867-3996


Ronald Monet, Montreal
(514) 877-1873


Laurie Grant, Vancouver
(604) 665-7596


Internet:
Twitter: (at)BMOmedia

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 21.03.2013 - 22:11 Uhr
Sprache: Deutsch
News-ID 242125
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO

Kategorie:

Commercial & Investment Banking

Diese Pressemitteilung wurde bisher 300 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"BMO: Canadian Businesses Stand to Benefit from Federal Budget"
steht unter der journalistisch-redaktionellen Verantwortung von

BMO Financial Group and BMO Bank of Montreal (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Half of Canadian Entrepreneurs Project Continued Growth in 2017: BMO Small Busin ...

TORONTO, ONTARIO -- (Marketwired) -- 10/13/16 -- BMO's annual small business report, released today, reveals that, amid regionally diverse economies, Canadian entrepreneurs of small and micro businesses are cautiously optimistic about the futu ...

BMO Blue Book: Provincial Drivers Shift But National Landscape Positioned for Co ...

TORONTO, ONTARIO -- (Marketwired) -- 10/06/16 -- Canada's strong seven provinces are on pace to balance the effects of a disappointing year in Alberta, Saskatchewan and Newfoundland & Labrador, according to forecasts from the 2016 BMO Blue ...

BMO Blue Book: Newfoundland & Labrador Faces Challenges, But Longer Term Pro ...

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 10/06/16 -- The economy is expected to contract in Newfoundland & Labrador this year, but growth will follow in 2017, according to the BMO Blue Book released today by BMO Capital Ma ...

Alle Meldungen von BMO Financial Group and BMO Bank of Montreal