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Corporate Responsibility
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Education

Education

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A lifelong pursuit in our complex age, learning is the foundation of personal fulfillment and a prosperous and enlightened society. More than mere knowledge, learning is about understanding the world as it is, developing the vision to imagine what it might become and acquiring the skills to turn vision into new realities.

At BMO Financial Group, the widest possible access to education is a fundamental corporate goal. Within BMO, we do all we can to make continuous learning a reality for our people. In the wider world, education is the prime focus of our community commitment.

Scholarships, bursaries, donations and sponsorships are the helping hands that create opportunities for students at all levels and in every stage of life.

 

Support of Education

In 2006, BMO Financial Group pledged $2.9 million in new funding to 10 universities and colleges across Canada. Bursary and scholarship funds have been established at several Canadian universities, including:

Bishop's University
Carleton University
Centennial College
Collège Boréal
Concordia University
Keyano College
McMaster University
Memorial University
Mount Allison University
Northern Alberta Institute of Technology
Queen’s University
Ryerson University
St. Francis Xavier University
Southern Alberta Institute of Technology

Université de Montréal, École Polytechnique and École des Hautes Études Commerciales
University of Alberta
University of British Columbia
University of Prince Edward Island
University of Toronto
York University

 

 

BMO Financial Group has recently announced a number of new scholarship funds at the following institutions:

 

Acadia University
We announced a $750,000 pledge to the K.C. Irving Environmental Trust, a priority of the Tides are Turning capital campaign at Acadia University in Wolfville, Nova Scotia. The Trust will support the operations of the K.C. Irving Environmental Science Centre and the Harriet Irving Botanical Gardens, its various programs and community outreach. This unique complex serves as an important teaching and resource facility focusing on the ecology and native flora of the Acadia Forest region of northeastern North America, and as a central campus meeting place and conference centre.

Saint Mary’s University
We donated $400,000 to the Hearts & Minds capital campaign at Saint Mary’s University in Halifax. The campaign’s list of priorities includes new and refurbished facilities for health and wellness promotion, science education, a learning commons area and renovated childcare facilities. It also emphasizes investment in students and faculty through new student financial aid, academic chairs, professorships and other academic and student experiential learning initiatives.

University of New Brunswick
In Fredericton, we announced a $750,000 donation to the University of New Brunswick’s (UNB) International Business and Entrepreneurship Centre. As part of the university’s Forging Our Futures Campaign, the gift will provide UNB business students with real-world experience while at the same time giving small businesses access to planning and export expertise.

Université de Sherbrooke
In Quebec, we extended our long-time support of the Université de Sherbrooke by contributing $500,000 to the university’s Ensemble Campaign, which brings together five regional health care and educational institutions. Our contribution will be used to create a BMO Financial Group scholarship fund for master’s and doctoral students at the Université de Sherbrooke and help develop the Centre Femme Jeunesse Famille at the Centre hospitalier universitaire de Sherbrooke, an innovative project for studying and taking action in women’s health care.

Université du Québec à Montréal
We donated $500,000 to the Université du Québec à Montréal to enhance scholarship programs aimed at rewarding student excellence. In addition, our donation helped establish the university’s Entrepreneurship Centre and the BMO Innovation Conference series.

University of Regina
We committed $225,000 to the University of Regina’s Building Dreams and Futures campaign, which will establish the BMO Financial Group Fellowship Program for Rural and Northern Studies. The program will help to ensure that access to graduate studies is possible for the gifted and talented individuals pursuing this important work. The fellowship program will provide funding over a five-year period to attract and retain exceptional graduate student researchers in the field of rural and northern studies.

University of Saskatchewan
Undergraduates were our focus at the University of Saskatchewan, where we pledged $500,000 to establish the BMO Financial Group Scholarship Program providing a $16,000 scholarship over four years to one undergraduate student annually in perpetuity.

University of Lethbridge
We announced a donation of $250,000 to the University of Lethbridge for its planned Management and Health Sciences Building, which will enable the university to meet its growing needs for research and classroom space.

Equity Through Education™
As well as schools of higher learning, BMO makes significant contributions to organizations that promote learning. For instance, BMO Capital Markets in Canada and the United States donates all of the institutional equity trading commissions earned during one day each year to Equity Through Education. Funds raised through Equity Through Education are donated to charitable organizations whose missions include improving access to education and training for bright, deserving people who otherwise might not have the opportunity. In 2006, BMO Capital Markets raised a total of $1.6 million, which supports diversity initiatives by giving scholarships that support the education of Women, Minorities, Aboriginal and Disabled persons in Canada and the United States.

BMO Financial Group also supports the Canadian Merit Scholarship Foundation (CMSF):
All graduating high school and Cegep students in Canada are eligible for the four levels of CMSF awards: National (up to $45,000 over four years); Finalist ($2,500); Regional ($1,500) and Provincial ($500). Selection is conducted by 29 volunteer committees across Canada, from Victoria to St. John’s. Information about these awards and selection is available in the CMSF brochure mailed to schools and Cegeps each August, as well as on the Internet. For further information, see
www.cmsf.ca.

BMO Financial Group Employee Matching Gift Program for Higher Education
BMO Financial Group matches the donations its employees make to their favourite universities and degree-granting institutions, as well as to community colleges across the country. For further information call (416) 867-7102 or 7101.