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BMO Puts Together Drought Relief Package for Farmers


The head of BMO Financial Group says society rightly expects bankers will stand behind the people who put food on our tables. Bill Downe says that’s why they’ve put together a financial relief program to help customers affected by dry conditions throughout much of North America. The program allows BMO customers to apply for working capital assistance, deferral of loan payments and other measures. BMO Canada’s National Manager of Agriculture, David Rinneard, says they’re hoping these initiatives will help alleviate some of the problems being faced by Ontario farmers. BMO customers are advised to contact their local bank about their particular needs.


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