Press Digest-Canada - September 9
BMO•Neo Financial cuts 10% of workforce
Calgary-based Neo Financial Technologies has laid off 10% of its workforce, in an attempt by the online financial services company to simplify its business, chief executive officer Andrew Chau told employees.
Bank of Montreal eliminates most direct investing commission fees
Bank of Montreal (BMO.TO) is eliminating commission fees on stocks, exchange-traded funds and options on its direct investing platform in a bid to attract younger customers as competition mounts in online trading.
Government to send ministers across Canada amid U.S. trade dispute
Canada's government will dispatch cabinet ministers across the country to reassure businesses about support measures available amid the deepening trade dispute with the United States, as Prime Minister Mark Carney focuses on attracting investment and strengthening growth while talks with Washington remain deadlocked.
