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Abstract
"We are thrilled to be opening the doors to our new location," said Lee Ann MacDonald, Branch Manager, BMO Bank of Montreal. "We encourage new and existing members of the community to come in and speak with our team about their home financing needs. BMO offers a new 10-year mortgage with a maximum 25-year amortization, which is modeled after our award-winning 5-year maximum 25-year amortization mortgage."
"Alberta's economy significantly outperformed the national average in 2011, as rising oil production fuelled 5.2 per cent real GDP growth," said Robert Kavcic, Economist, BMO Capital Markets. "Alberta should remain atop the leaderboard this year, with growth running more than a full percentage point above the national average at 3.4 per cent."