BMO Financial Group

BMO Financial Group
BMO Bank of Montreal

BMO Bank of Montreal
BMO Capital Markets

BMO Capital Markets

December 01, 2010 06:00 ET

REPEAT-Media Virtual Roundtable: Canadians and Savings-BMO's Doug Porter and Panellists Examine Rise in Assets and State of Household Finances in Canada

Canada Expected to Hit All-Time High of Six Trillion Dollars in Household Net Worth

TORONTO, ONTARIO--(Marketwire - Dec. 1, 2010) - The issue of household finances in Canada has been a hot topic since the onset of the economic downturn, and as debt rises and interest rates hover at record lows, many questions remain as to the status of Canadian household finances heading into 2011.

Join Douglas Porter, Deputy Chief Economist, BMO Capital Markets, and regional housing and financial experts Laura Parsons and Larry Moser as they present findings from BMO's report "Canadian Savings: Return of the Profligate Sums?", share insights on the factors impacting the state of Canadian household finances and what Canadians should be considering when it comes to managing debt.

BMO Panel to Discuss:
  - What factors are driving the growth in Canadian household debt to record highs? Is it sustainable? Are there offsetting factors?
  - What should Canadians be focusing on when it comes to their personal balance sheets?
  - Good debt vs. bad debt – is there such a thing?
  - What can Canadians do to invest smarter, better manage their savings and balance debt moving forward?
Following a brief presentation, the discussion will continue with a media Q&A session.
WHAT: BMO Virtual Roundtable: The Rise in Assets and the State of Household Finances in Canada
WHO: Douglas Porter, Deputy Chief Economist, BMO Capital Markets
  Laura Parsons, Mortgages, BMO Bank of Montreal
  Larry Moser, Investments, BMO Bank of Montreal
WHERE: Dial-in
  Participant dial-in number(s): 416-340-2217 / 866-696-5910
  Participant passcode: 6866414
WHEN: December 1, 2010 at 10:30 a.m. ET

Contact Information

  • For further information or to confirm your participation,
    please contact:
    Amanda Robinson, Toronto