BMO Financial Group
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BMO Financial Group

January 26, 2012 11:30 ET

BMO's $10 Billion Credit Boost to Support Continued Strategic Investment in Saskatchewan

SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 26, 2012) - BMO's announcement today that it is making $10 billion in credit available to businesses across Canada over the next three years will provide important benefits to companies located in Saskatchewan, according to Mike Darling, District Vice-President, Saskatchewan, BMO Bank of Montreal.

"Business opportunities abound in the province, with strength in the resource, construction, agriculture and service sectors," said Mr. Darling. "The availability of more credit will help even more Saskatchewan companies to grow their operations and open up new markets. Our local bankers are also armed with limits to make almost every lending decision right here in Saskatchewan."

"With ongoing strength in the broader resource sector and strong population growth, more business investment has the opportunity to contribute to already-robust provincial growth," said Robert Kavcic, Economist, BMO Capital Markets.

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