FINANCIAL_SERVICESONGOING

BMO GIC Invests Cemetery Care Funds

Deseronto’s cemetery care and maintenance Trust Fund is invested in a BMO Guaranteed Investment Certificate of $123,119 at 2.75% interest, maturing March 19, 2027. The GIC provides steady income to support cemetery maintenance obligations.

Status
ONGOING
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
BMO
Agency
Town of Deseronto · Canada

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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

Scope & details

The full contract record, as filed.

Contract amount
$123,119 GIC at 2.75% interest
Contract type
FINANCIAL_SERVICES
Contract term
To March 19, 2027
Renewal date
2027-03-19
Renewal
GIC principal and interest are locked in until maturity on March 19, 2027; renewal options would be exercised at maturity and are not specified.
Document type
Agenda
Source document
Town of Deseronto Agenda 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Deseronto?

BMO was awarded this financial services contract by Town of Deseronto, as recorded on August 12, 2026. The contract value is $123,119 GIC at 2.75% interest.

How much is the BMO contract with Town of Deseronto worth?

The BMO contract with Town of Deseronto is valued at $123,119 GIC at 2.75% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Deseronto Agenda 2026-08-12 (Agenda), dated August 12, 2026 from Town of Deseronto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BMO hold?

BMO may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Deseronto currently buying?

Explore Town of Deseronto's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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