00:36:10 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



JPMorgan CDR (CAD Hedged)
Symbol JPM
Shares Issued 4,450,000
Close 2025-07-07 C$ 38.18
Market Cap C$ 169,901,000
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Globe says BMO, others see foot traffic still light

2025-07-08 07:51 ET - In the News

See In the News (C-BMO) Bank of Montreal

The Globe and Mail reports in its Tuesday edition that foot traffic in major cities across Canada is still half of what it was before the pandemic, despite a growing push from employers for more in-office work days. The Globe's Vanmala Subramaniam writes that new data from Environics Analytics show that since much of the country ended pandemic lockdown restrictions in the spring of 2022, there was a gradual increase in the number of working people populating the central business districts of urban centres. But that growth tapered off in early 2024, and has held steady into the spring of 2025. While foot traffic has been slow to rebound, major employers are now pushing to bring their white-collar work force into the office more frequently. RBC, BMO and Scotiabank recently announced new rules that ramp up in-office days: All three banks will require staff to work from the office four days a week come September. Tech giants Amazon and Dell Technologies began a five-day in-office policy earlier this year, marking a significant change in both companies' years-long hybrid work arrangements. Last month, Canaccord Genuity introduced a full-time in-office policy, after similar moves from other investment banks such as JPMorgan.

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