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Bank of Montreal
Symbol BMO
Shares Issued 695,092,237
Close 2026-09-04 C$ 242.76
Market Cap C$ 168,740,591,454
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Globe says BMO's Porter sees more direct investment

2026-09-08 07:30 ET - In the News

The Globe and Mail reports in its Saturday edition that for decades, seamless trade with the United States was one of Canada's biggest selling points on the global stage. The Globe's Tim Shufelt asks, What happens when you take away preferential access to the world's biggest economy? Would global investors walk away from Canada altogether? Funny thing, though, roughly 20 months into this continental scrap, inbound investment is picking up. Foreign direct investment (FDI) is on the upswing, having outpaced outbound FDI in 2025 for the first time in 12 years. Prime Minister Mark Carney has been busily pitching Canada as a dependable partner as the U.S. proves itself, day by day, to be anything but. Mr. Carney is aiming very high: make Canada an investment hub and "catalyze" $1-trillion in new investment over the next five years. Signs of progress are as yet modest. Still, we'll take it. Modest progress is a whole lot better than being cut off from the world's capital pools. "It is a pleasant surprise that inward investment has held up as well as it has, given the uncertainty over future access to the U.S. market," said Douglas Porter, Bank of Montreal chief economist. He calls what we're seeing so far "mild success."

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