WINNIPEG, MANITOBA--(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 Manitoba, according to Lynda Taylor, District Vice-President, Manitoba, BMO Bank of Montreal.

"Businesses in Manitoba are showing continued optimism, with many of our corporate clients investing in their businesses," said Ms. Taylor. "The availability of more credit will help more provincial firms take the opportunity to retool and improve their productivity and competitiveness. Our local bankers are also armed with limits to make almost every lending decision right here in Manitoba."

"Manitoba's diverse economy is set to rebound in 2012 with solid 2.0 per cent real GDP growth," said Robert Kavcic, Economist, BMO Capital Markets. "Supportive financial conditions should help more firms increase their capital spending in the coming year."

Media Contacts:
Paul Cunliffe
416-867-3996
paul.cunliffe@bmo.com

Internet: www.bmo.com
Twitter: @BMOmedia

distribué par

Ce noodl a été diffusé par BMO - Bank of Montreal et initialement mise en ligne sur le site http://www.bmo.com. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-26 18:00:06 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.