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HALIFAX, June 10, 2009 – BMO
Financial Group today affirmed its support for customers affected by
the downturn in the Atlantic lobster fishery, and spelled out how BMO
will continue to help them.
“BMO is committed to standing by our customers in both good times
and in difficult ones,” said Steve Murphy, Senior Vice-President,
Atlantic Provinces Division, BMO Bank of Montreal. “Many of our
employees live and work in the community and have seen first-hand the
effect the current downturn in the lobster fishery is having on neighbours,
friends and family. We understand what they are going through. Our message
to our customers, and even to customers from other financial institutions,
is this: come in to see us for a conversation about your financial situation
so we can help you through this difficult time.”
BMO customers can apply for:
- deferred principal payments
- other flexible arrangements
Murphy also called on all
Canadians to support Canadian lobster fishers by buying lobster this
summer. “I encourage everyone to bring more
lobster home, invite your neighbours, and enjoy one of Atlantic Canada’s
real treasures in the back yard. Prices have collapsed to a 20-year low,
and Canadian lobster fishers need your support. You’ll be having
a treat and helping out your fellow Canadians at the same time.”
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