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BMO Commits $70 Billion in New Spending to Help Build Canadian Industry
The plan will fund electricity, energy, mining and defence projects through bank financing, debt markets and public equity, BMO said.
Summary by Financial Post
5 Articles
5 Articles
BMO, Sun Life Back Canada’s Pipelines, AI and Defence In $75B Push
BMO and Sun Life Financial have put a combined $75 billion behind Canadian infrastructure and strategic industries, adding private financing capacity to a federal investment push spanning pipelines, electricity, artificial intelligence, defence, critical minerals, and transportation. The commitments are not equivalent investments. BMO said Friday it intends to mobilize up to $70 billion over 10 years, with the […] The post BMO, Sun Life Back Can…
Canada's oldest bank plans to raise up to $70 billion in new capital over a 10-year period to support the
·Montreal, Canada
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Total News Sources5
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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