BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like ...

It’s the eighth largest bank in North America, with total assets of more than $1 trillion. BMO’s GIC offerings are in line with Canada’s other Big Banks in terms of interest rates ...

Scotiabank and BMO plan for tariff hits to Canada’s economy as a potential trade war escalates tensions with U.S.