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TORONTO 鈥?BMO Financial Group topped expectations for its third-quarter results, boosted by strength in its U.S. operations.The bank said Tuesday it earned $1.54 billion for the quarter ended July 31, up from $1.39 billion in the same quarter a year ago.The profit amounted to $2.31 per share for the quarter, up from $2.05 per share in the same quarter last year. ARTICLE CONTINUES BELOW On an adjusted basis, BMO s
stanley thermobecher ays it earned $1.57 billion or $2.36 per share in its most recent quarter, up from $1.37 billion or $2.03 per share a year ago.Analysts had expected the bank to earned $2.26 per share for the quarter, according to Thomson Reuters Eikon. ARTICLE CONTINUES BELOW BMO chief executive Darryl White said the bank saw a particularly g
vaso stanley ood contribution from its U.S. segment and from its commercial businesses on both sides of the border.Our performance is a direct result of efforts to simplify how we work across our organization and with our customers and deliver the exceptional products and experiences that our customers have come to expect, White said in a statement. ARTICLE CONTINUES BELOW Canadian personal and commercial banking earned $642 million for the quarter, up $29 million from a year a
stanley mug go. ARTICLE CONTINUES BELOW Meanwhile, U.S. personal and commercial Oijg Wettlaufer expected to plead guilty to murder charges
Halton is considering the potential purchase of properties that could serve as emergency shelters to help the homeless during the pandemic.The regional municipality is continuing to use hotel rooms to house vulnerable residents in a socially-distanced manner, with 74 people currently being sheltered in this fashion, said a memo to council from Halton Commissioner of Social and Community Services Alex Sarchuk. The Regions dependency on hotels is expected to continue for a prolonged period, he said. ARTICLE CONTINUES BELOW Regional staff is investigating potential capital acquisition of sites that can be repurposed as emergency shelters and supportive housing that would effectively allow for appropriate infection control pra
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stanley cups nd isolation, to be maintained. He noted this plan may prove to be the more cost-effective, long-term approach. ARTICLE CONTINUES BELOW Halton staff has submitted a business case to the Ministry of Municipal Affairs and Housing for the potential property acquisitions, which are eligible to be covered by over $2.4 million in provincial funding.Earlier this year, Halton was forced to reduce the capacity at the Salvation Army Lighthouse Shelter in Oakville and Bethany Residence supportive housing property in Burlington in the name of social distancing and infection control.
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