BMO is offering specialized assistance programs to customers who have been impacted by the wildfires, including the option to skip a payment on mortgages, installment loans, and credit cards. BMO | realestatenews wildfires mortgages finance
, or though BMO’s mobile banking app. Business and commercial banking customers should contact their relationship manager to discuss their options., 431 wildfires were burning across Canada, 208 of which were deemed “out of control,” meaning they were not responding to suppression efforts and were continuing to grow. Nearly 32,000 people continue to be affected by evacuations, and 4.7 million hectares of forest have been burned.
“This now qualifies, unfortunately, as Canada’s worst wildfire season of the 21st century,” said Bill Blair, Minister of Emergency Preparedness, during a press conference in Ottawa on Monday.The total extent of the damage to homes is not yet known, but in Nova Scotia alone, it is estimated that more than 200 homes fell victim to the flames — 60 from the Barrington Lake wildfire in Shelburne, and 150 from the fire in the Tantallon area of Halifax.
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