City to extend BMO banking and credit facilities

The Executive Committee recommends extending the City’s banking, credit card, and merchant services agreements with Bank of Montreal (BMO) through April 30, 2037. The plan includes negotiating a $20 million line of credit and a $1.5 million corporate credit card program limit, subject to borrowing bylaw approval.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Until April 30, 2037

Renewal date

2037-04-30

Renewal

Existing banking and credit card agreements with BMO will be extended through April 30, 2037, with authority for amendments and potential new agreements during this term.

Document type

Agenda

Source document

City of Regina Executive Committee Agenda February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Regina?

Bank of Montreal (bmo) was awarded this financial services contract by City of Regina, as recorded on February 11, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Regina Executive Committee Agenda February 2026 (Agenda), dated February 11, 2026 from City of Regina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Montreal (bmo) hold?

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