Economist says temporary tax cut, relief cheques play into rosier growth picture [BNN Bloomberg (Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
bmo.com/main/about-bmo/banking/investor-relations/home
Company Research
Source: BNN Bloomberg
Bank of Montreal chief economist Doug Porter says the moves, which will cost about $6.3 billion, could put some upward pressure on inflation. But he notes that the measures come at a time when inflation has cooled and policy makers are looking to boost the economy rather than tamp down price growth. BMO Economics believes the tax cut will drive additional spending, so it's raising its growth forecast for the first quarter to 2.5 per cent from 1.7 per cent. The GST break, which would begin Dec. 14 and end Feb. 15, applies to a number of items including toys, diapers, snack food, restaurant meals and beer and wine. Canadians who worked in 2023 and earned up to $150,000 would also receive a $250 cheque in the spring. This report by The Canadian Press was first published Nov. 21, 2024. The Canadian Press
Show less
Read more
Impact Snapshot
Event Time:
BMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMO alerts
High impacting Bank Of Montreal news events
Weekly update
A roundup of the hottest topics
BMO
News
- Is BMO Stock a Buy for its 4.7% Dividend Yield? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Economist says temporary tax cut, relief cheques play into rosier growth picture [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dividend 15 Split Corp. II Monthly Dividend Declaration for Class A & Preferred Share [Yahoo! Finance]Yahoo! Finance
- Wednesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- KeyBank expands commercial banking to Chicago and Southern California [Yahoo! Finance]Yahoo! Finance
BMO
Earnings
- 8/27/24 - Beat
BMO
Sec Filings
- 11/21/24 - Form FWP
- 11/21/24 - Form 424B2
- 11/21/24 - Form 424B2
- BMO's page on the SEC website