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Town of Grimsby Finance Committee Agenda Packet 2026-05-28

Grimsby Holds BMO GICs in 2025 Portfolio

Town of GrimsbyBMOMay 28, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Town of Grimsby maintains guaranteed investment certificates with BMO as part of its 2025 investment portfolio, totaling $7.5 million in book value. These products support the Town’s objectives for safety, liquidity, and yield.

Contract Details

Vendor

BMO

Agency

Town of Grimsby, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

May 28, 2026

Renewal Info

Multiple GIC instruments with varying maturities; each will renew or mature per its individual term, but no master agreement term is specified.

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