Bank of Montreal took the lion’s share of the Canadian structured product market in the last quarter of 2019, but National Bank of Canada almost matched the leading manufacturer after a significant increase in its issuance.

Bank of Montreal (BMO) has reported a strong net income of CAD1.59 billion (US$720m)  in the first quarter of 2020, a five percent jump from the previous year quarter. BMO commenced the quarter on a high note as it became the first major Canadian financial institution to offer a structured deposit to retail investors. In December 2019, BMO debuted the first-ever leveraged exchange-traded note (ETN) linked to cannabis in the US .   According to SRP data, BMO issued a total of 24

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