BMO InvestorLine has been presented with an award for “Best Online Brokerage.” Quicken.ca’s second annual Online Brokerage Report rated the services offered by Canada’s 10 largest online brokerages. BMO InvestorLine placed first by providing around-the-clock phone support, a fixed-income online offering and a highly intuitive and easy to use site. Special citations were given to Merrill Lynch HSBC Canada for “Best Online Research” and to eNorthern for “Most Economical Service.”

“We are pleased that Quicken.ca has awarded us the ranking of number one Online Brokerage in Canada. This award is a recognition of our commitment to continually expand and improve the investment experience for our clients,” said Tom Flanagan, president and COO of BMO InvestorLine Inc.

The Quicken.ca Online Brokerage Report is conducted on an annual basis. It includes awards which are presented to online brokers that have excelled at setting new standards of service, functionality and convenience for Canadian consumers. For the 2001 Online Broker Report, the following brokers were rated: BMO InvestorLine, E(*)Trade Canada, Charles Schwab Canada, Merrill Lynch HSBC Canada, eNorthern, TD Waterhouse, Royal Action Direct, Scotia Discount Broker, CIBC Investor’s Edge and National InvestNet. Along with Quicken.ca’s Online Banking Survey, the Online Brokerage Report helps Canadians determine the best online financial service provider for their needs.