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Bank Of Montreal News

21 Aug 2015

New Bank Lighting Montreal - Lake Ontario

A bank lighting renewal program from Montreal to Lake St Louis on the northern side of the dike will begin this fall. The project will be starting at the northern extremity of the dike (Montreal Harbor) towards St Lambert lock this winter and will be continuing up to Lake St Louis in subsequent years. There will be 3 zones of different types of Dell bank lighting installed below lock #2 (Côte St Catherine) at the positions indicated on the attached plan. Each zone will have two new lighting posts. The operation centre will conduct a survey on the ground lighting installed in each zone. Mariners are requested to provide the zone of lighting that best meets your needs and notify the operations center if a zone is not suitable for your needs.

08 Dec 2011

Nova Scotia Economic Growth Buoyed by Historic Contract

Economic growth in Nova Scotia, currently running at 1.6 percent for 2011, looks promising over the next two years, according to the Provincial Monitor report released today by BMO Economics. "We expect growth to accelerate to a 2.5 percent clip by 2013, when the positive impact of the recently announced Federal shipbuilding contract begins to take root," said Robert Kavcic, Economist, BMO Capital Markets. The contract landed by Irving Shipbuilding to build combat ships for the Royal Canadian Navy is worth an estimated $25 billion through 2030. The Conference Board of Canada estimates that about 8,000 new jobs - more than 1 per cent of total employment in the province - will be sustained over that period, and that real GDP will see a boost of about $800 million per year on average.