Diversity, equity and inclusion

We are committed to building a more just society – especially for groups facing systemic barriers, including our Black, Latino and Indigenous colleagues, customers and communities. BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy focused on providing access to opportunities and enabling growth both inside and outside our doors. It’s all part of our Purpose-driven commitment to boldly grow the good – in business and life.

Giving with intention: $600,000 to advance Truth and Reconciliation

Giving with intention: $600,000 to advance Truth and Reconciliation

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Phyllis Webstad and the orange shirt

Phyllis Webstad and the orange shirt

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Part 1: Understanding the National Day for Truth & Reconciliation

Part 1: Understanding the National Day for Truth & Reconciliation

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Part 2: Understanding the National Day for Truth & Reconciliation

Part 2: Understanding the National Day for Truth & Reconciliation

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BMO’s 17th annual Equity Through Education Trading Day raises C$1.6 million to promote diversity, equity and inclusion

BMO’s 17th annual Equity Through Education Trading Day raises C$1.6 million to promote diversity, equity and inclusion

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BMO helping bring Indigenous perspectives to Canadians

BMO helping bring Indigenous perspectives to Canadians

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Reducing barriers to education for Indigenous students at Thompson Rivers University

Reducing barriers to education for Indigenous students at Thompson Rivers University

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BMO joins the Tent Partnership for Refugees

BMO joins the Tent Partnership for Refugees

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BMO unveils new diversity and representation goals

BMO unveils new diversity and representation goals

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Pride lives here

Pride lives here

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BMO named to Women Lead Here benchmark of executive gender diversity

BMO named to Women Lead Here benchmark of executive gender diversity

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BMO Capital Markets Celebrates Diversity

BMO Capital Markets Celebrates Diversity

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BMO Releases Wîcihitowin: Our First Annual Indigenous Partnerships and Progress Report

BMO Releases Wîcihitowin: Our First Annual Indigenous Partnerships and Progress Report

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BMO’s Ula Ubani recognized as one of Canada’s Most Powerful Women by WXN

BMO’s Ula Ubani recognized as one of Canada’s Most Powerful Women by WXN

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BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy that supports equity, equality and inclusion. We’re focused on providing access to opportunities and enabling growth for our colleagues, our customers, and the communities we serve.

Colleagues

We will ensure an equitable employee experience for all, supporting inclusion, wellness and improving access to development and career advancement for colleagues facing systemic barriers. View our representation goals in detail.

Customers

We’re expanding financial inclusion for diverse customers through inclusive banking products, services and resources. And we’re meeting customers’ needs by addressing their unique expectations and experiences.

Communities

We will be leaders in increasing inclusion in our communities, building strong relationships to foster inclusion, racial justice and Truth and Reconciliation, and promoting inclusive local economic opportunities.


TARGETED TALENT STRATEGIES
Programs to accelerate the recruitment, development and advancement of talent in underrepresented segments, ensuring wellness and psychological safety.
EDUCATION
Ongoing education in inclusive behaviour, anti-racism, and Indigenous history.
OPPORTUNITIES FOR YOUTH
40% of our student opportunities will go to BIPOC youth.
BLACK AND LATINO ADVISORY COUNCIL
Focused on employee experience, advancement, and engagement of Black and Latino talent.
UNIQUE CUSTOMER PROGRAMS
Programs for Indigenous customers, increased investment in women entrepreneurs, Safe Space and Pronoun initiatives for 2SLGBTQ+.
INCLUSIVE POLICIES AND PRACTICES
Creating and expanding inclusive, accessible and equitable customer experiences.
BLACK AND LATINX OPPORTUNITY
Dedicated support for Black and Latinx entrepreneurs through increased access to capital, educational resources and partnerships.
PARTNERING AND BUILDING COALITIONS
Driving inclusive local economic opportunity, and providing youth financial education and mentoring.
INVESTMENT IN CHANGE
Helping build a more just society – especially for groups facing systemic barriers - with investments in organizations advancing health and educational equity, inclusive local economic opportunity, Truth and Reconciliation.
SUPPLIER DIVERSITY PROGRAM
Integrating diverse suppliers into our supply chain and making commitments to spending.
INDIGENOUS ADVISORY COUNCIL (IAC)
Informs BMO policies and practices in education, employment and economic empowerment.

Boldly Grow the Good


In Business and Life


BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy that supports equity, equality and inclusion. We’re focused on providing access to opportunities and enabling growth for our colleagues, our customers, and the communities we serve.


Colleagues

We will ensure an equitable employee experience for all, supporting inclusion, wellness and improving access to development and career advancement for colleagues facing systemic barriers. View our representation goals in detail.

PRACTICES
TARGETED TALENT STRATEGIES Programs to accelerate the recruitment, development and advancement of talent in underrepresented segments, ensuring wellness and psychological safety.
EDUCATION Ongoing education in inclusive behaviour, anti-racism, and Indigenous history.
OPPORTUNITIES FOR YOUTH 40% of our student opportunities will go to BIPOC youth.
BLACK AND LATINO ADVISORY COUNCIL Focused on employee experience, advancement, and engagement of Black and Latino talent.

Customers

We’re expanding financial inclusion for diverse customers through inclusive banking products, services and resources. And we’re meeting customers’ needs by addressing their unique expectations and experiences.

PRACTICES
UNIQUE CUSTOMER PROGRAMS Programs for Indigenous customers, increased investment in women entrepreneurs, Safe Space and Pronoun initiatives for 2SLGBTQ+.
INCLUSIVE POLICIES AND PRACTICES Creating and expanding inclusive, accessible and equitable customer experiences.
BLACK AND LATINX OPPORTUNITY Dedicated support for Black and Latinx entrepreneurs through increased access to capital, educational resources and partnerships.

Communities

We will be leaders in increasing inclusion in our communities, building strong relationships to foster inclusion, racial justice and Truth and Reconciliation, and promoting inclusive local economic opportunities.

PRACTICES
PARTNERING AND BUILDING COALITIONS Driving inclusive local economic opportunity, and providing youth financial education and mentoring.
INVESTMENT IN CHANGE Helping build a more just society – especially for groups facing systemic barriers - with investments in organizations advancing health and educational equity, inclusive local economic opportunity, Truth and Reconciliation.
SUPPLIER DIVERSITY PROGRAM Integrating diverse suppliers into our supply chain and making commitments to spending.
INDIGENOUS ADVISORY COUNCIL (IAC) Informs BMO policies and practices in education, employment and economic empowerment.

Boldly Grow the Good


In Business and Life


We’re investing in zero barriers to financial progress

We're shining a light on business owners who have broken barriers to be the success stories they are today.

Meet Shanelle McKenzie and Kim Knight of The Villij

Committed to redefining well-being, Shanelle and Kim founded The Villij as a wellness community for womxn of colour to feel seen and heard. At BMO, we’re inspired by business owners like Kim and Shanelle who continue to break barriers in business, and in life.

Meet Saul Arteaga, owner of SWITS (Southern Wisconsin Interpreting & Translation Services).

Refusing to let anyone else dictate his dreams, Saul founded SWITS to help meet the needs of his community. At BMO, we're inspired by business owners like Saul who continue to break barriers in business, and in life.

Imagine what’s possible without barriers.

Our Commitment

$3B in capital for women-owned businesses.        
We’ve committed to specific lending targets for women-owned businesses in Canada. Learn more about our support of women.
DOUBLE the size of our Indigenous Banking business.
BMO aims to double to volume of our Indigenous banking business by 2025. Learn more about our Indigenous banking services.
Learn more about our commitment to Black-owned businesses, and resources and programs available.
Accessibility

Accessibility

BMO is constantly working to remove barriers for our customers living with disabilities.

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Representation Goals

Representation goals

Our ambitious workforce representation goals illustrate our industry leadership in workforce diversity.

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Girl standing in front of water

Indigenous commitments

BMO is committed to progress for Indigenous customers, colleagues and communities.

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A BMO employee wearing an International Day of Pink t-shirt

Workplace diversity

BMO is focused on achieving zero barriers to inclusion by increasing diversity and inclusion across all levels of the organization.

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