BMO Affirms Support for Atlantic Lobster Fishers

    Encourages Canadians to break out the lobster crackers this summer

    HALIFAX, June 10 /CNW/ - 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."

For further information:

For further information: For News Media Enquiries: Peter Scott, Toronto,, (416) 867-3996; Lucie Gosselin, Montréal,, (514) 877-8224

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