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BMO Tightens Lending Criteria for Tariff-Impacted Borrowers

Summary by The Deep Dive
The Bank of Montreal (TSX: BMO) has announced significant restrictions to its lending policies for borrowers in tariff-impacted industries following recent Canada-US trade tensions. The banking giant has expanded its “Limited Appetite” category to include the steel and aluminum industry, joining sectors already under heightened scrutiny such as construction, transportation, retail, and manufacturing. BMO’s decision to reduce the Total Debt Servi…
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the deep dive broke the news in on Monday, March 24, 2025.
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