BMO ‘leaning into’ defence as Ottawa looks to spend more in sector

The Canadian Press: Darryl White, BMO Financial Group CEO, said that the lender is “responding to the signal” from Canada’s federal government amid commitments to raise defence spending.

White said the bank has a long history of operating in the defence industry while serving small and large domestic firms.

“We’re taking a strength of ours (and) leaning into it even more heavily than we were before,” he said…

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