BMO ETFs: Views from the Desk

E307 – Q1 2026: What ETF Flows Are Telling Us

26 Mar 2026

Contributed by Lukas

What are ETF flows revealing as Q1 draws to a close? In this episode, Bipan Rai and Matt Montemurro join host, Erika Toth, to break down the latest in...

The Open Outcry: How will Canadian economy handle the oil shock?

25 Mar 2026

Contributed by Lukas

The Iran energy crisis will have an uneven impact on an already fragile Canadian economy. Royce Mendes, head of macro strategy at Desjardins Capital M...

E306 – Unpacking the Defensive Investing Toolkit

19 Mar 2026

Contributed by Lukas

When markets turn, is your portfolio built to hold up? In this episode, Hilly Cutler and Bipan Rai join host, Tasha Konkin, to explore defensive inves...

E305 – Positioning for the AI Market Shift

12 Mar 2026

Contributed by Lukas

What might recent AI developments mean for your investment portfolio? In this episode, Malcolm White joins host Zayla Saunders to explore the pace o...

The Open Outcry: Where Oil, Gas & Gold Prices Could Go from Here

06 Mar 2026

Contributed by Lukas

After a muted initial reaction to the U.S.-Israel strikes on Iran and risk that the conflict may rapidly widen, energy markets have started pricing in...

E304 – Decoding Q1 Canadian Bank Earnings

05 Mar 2026

Contributed by Lukas

In this episode, Bipan Rai, Sohrab Movahedi, and your host, Skye Collyer, unpack Canada's ‘Big Six’ banks' Q1 2026 earnings — cutting th...

⁠E303 –⁠ Going Global: International Equities in Focus

26 Feb 2026

Contributed by Lukas

For Canadian investors eyeing opportunities abroad, the question isn't just where — it's how. In this episode, Hilly Cutler joins host Saaks...

The Open Outcry: The State of the US Market: Fed Policy, AI, and the Dollar

26 Feb 2026

Contributed by Lukas

With the US market continuing to draw investor attention, Bipan surveys the current state of play, covering what the latest US data means for Fed poli...

E302 – Unpacking BMO's New ETF Index Strategies

19 Feb 2026

Contributed by Lukas

With the S&P 500 more concentrated than ever and international markets gaining momentum, how are investorsbuilding more resilient portfolios? In t...

E301 – ETF Strategies for a Longer Retirement

12 Feb 2026

Contributed by Lukas

What happens when an aging population reshapes an entire nation’s financial future? In this episode, Alain Desbiens joins host Michelle Allen to unp...

E300 – Commodities Through the ETF Lens

05 Feb 2026

Contributed by Lukas

In this episode, Bipan Rai and Matt Montemurro join host, Esther Choi to unpack the latest trends in global commodity markets, exploring how broad-b...

The Open Outcry: Precious Metals React to ‘War Time’ Geopolitical Shifts

04 Feb 2026

Contributed by Lukas

Two simmering forces have helped drive historic swings in gold and silver prices in recent weeks: further erosion in the U.S. dollar’s global reserv...

The Open Outcry: Hike, Hold or Cut? Where the BoC and Fed Policy Paths are Headed

30 Jan 2026

Contributed by Lukas

Gold’s surge past $5,000 (U.S.) an ounce amid policy rate pauses from both the Federal Reserve and Bank of Canada have given macroeconomic watchers ...

E299 – Understanding FX Hedging Dynamics

29 Jan 2026

Contributed by Lukas

For Canadian investors, choosing between hedged and unhedged ETFs is a key decision when building global portfolios. In this episode, Bipan Rai and Je...

E298 – 2026 ETF Industry Flows & Market Trends

22 Jan 2026

Contributed by Lukas

Backed by popular demand, we’re revisiting our BMO ETFs 2026 outlook. In this replay episode, join Bipan Rai and host Erika Toth as they break down ...

E297 – Guided ETF Portfolio Strategy Q1 2026

15 Jan 2026

Contributed by Lukas

From shifting policy signals to growing interest in commodities, the investing playbook is evolving. In this episode, ETF and Alternatives Strategis...

The Open Outcry: Credit Market Positioning for the Year Ahead

14 Jan 2026

Contributed by Lukas

The new year has begun with no shortage of fireworks for bond investors, with multiple geopolitical shocks confronting credit markets. Bipan is joined...

E296 – 2026 Outlook: Top ETFs & Trends to Watch

08 Jan 2026

Contributed by Lukas

What do stretched valuations, resilient commodities, and shifting monetary policies mean for your portfolio in 2026? Join Bipan Rai and host Erika Tot...

E295 – The Case for Asset Allocation ETFs

01 Jan 2026

Contributed by Lukas

Asset allocation ETFs offer simplicity, diversification, and low fees—making them an increasingly popular choice for Canadian investors. But with ...

E294 – 2025 ETF Flows: A Milestone Year

18 Dec 2025

Contributed by Lukas

As the year winds down, we’re taking a moment to reflect. In today’s episode, host Erika Toth is joined by Bipan Rai and Matt Montemurro to...

The Open Outcry Podcast: Examining Alts in Current Portfolio Construction

17 Dec 2025

Contributed by Lukas

A variety of factors, from positive correlations between stocks and bonds to improving access via new products and fund structures, have made alternat...

The Open Outcry: Looking for Upside Surprises in Equities Next Year

12 Dec 2025

Contributed by Lukas

With attention turning toward capital allocation decisions for 2026, Bipan is joined by BMO Global Asset Management CIO Sadiq Adatia to examine key th...

E293 – Decoding Q4 Canadian Bank Earnings

11 Dec 2025

Contributed by Lukas

In this episode, Sohrab Movahedi, Bipan Rai, and your host, Skye Collyer, delve into Q4 Canadian bank earnings, touching on what’s driving growth an...

E292 – Strengthening Your Core with ETFs

04 Dec 2025

Contributed by Lukas

Portfolios are only as strong as their foundations. In today’s episode, Alain Desbiens joins your host, Erika Toth, to take a deep dive into low-cos...

The Open Outcry: Two Sectors Poised for a Bullish 2026

03 Dec 2025

Contributed by Lukas

With the final weeks of trading for 2025 underway, Bipan surveys some key data points shaping markets through year-end and into 2026, while diving int...

E291 – 2025 ETF Trends in Canada

27 Nov 2025

Contributed by Lukas

In today’s episode, special guest Andres Rincon and your host, Erika Toth, reflect on the top ETF trends from the year, including industry flows, ne...

The Open Outcry: A Brief but Deep Dive on the AI Theme

26 Nov 2025

Contributed by Lukas

Hundreds of billions of dollars have been allocated to building out compute capacity in recent months—with hundreds of billions more to come next ye...

E290 – What is Tax-Loss Selling?

20 Nov 2025

Contributed by Lukas

As 2025 nears its close, your host Erika Toth sits down with special guests Dante Rossi and Erin Allen to talk about tax-loss harvesting—including i...

E289 – What the 2025 Federal Budget Means for Investors

13 Nov 2025

Contributed by Lukas

What’s in the 2025 Federal Budget? In today’s episode, special guest Larry Berman and host, Danielle Neziol, delve into the government’s extensi...

E288 – A Deep Dive on CLOs

06 Nov 2025

Contributed by Lukas

In today’s episode, special guest Mark Jarosz and host Zayla Saunders revisit CLO ETFs. This time, they explore the middle of the capital stack that...

E287 – The Case for Commodities

30 Oct 2025

Contributed by Lukas

Looking for portfolio diversifiers? In this episode, special guests Roxane Lapenna, Jimmy Xu and host Andrew Vachon delve into one of the world’s ol...

The Open Outcry: Why Equities Should Benefit from Tailwinds into 2026

29 Oct 2025

Contributed by Lukas

The AI capex boom is helping spur equity valuations higher, but prompting worries about a potentially painful market correction. Brent Joyce of BMO Pr...

E286 – Outlook for International Equities

23 Oct 2025

Contributed by Lukas

Where should investors be looking abroad? In this deep dive episode, Bipan Rai, Johan Ahlberg, and host Erika Toth put international equities under th...

The Open Outcry: A Chat with Stephen Poloz

21 Oct 2025

Contributed by Lukas

Former Bank of Canada Governor Stephen Poloz joins Bipan to discuss the implications of the fourth industrial revolution now underway, and how Canadia...

E285 – Guided ETF Portfolio Strategy Q4 2025

16 Oct 2025

Contributed by Lukas

As markets continue to send contradictory signals, ETF and Alternatives Strategist, Bipan Rai and host, Michelle Allen, analyze which parts of the pre...

The Open Outcry: Renewed U.S.-China Trade War Clouds Outlook

15 Oct 2025

Contributed by Lukas

A surprisingly hardline stance from Beijing on rare earths exports combined with Trump’s renewed threat of steep import tariffs has swiftly thrust g...

Simplify Your Portfolio with Asset Allocation ETFs

09 Oct 2025

Contributed by Lukas

Today, we have a special treat for our listeners—a deep dive episode of the BMO Smarter Investing podcast. Join Kevin Prins and your host, Erin Alle...

E284 – Understanding Long-Short Strategies

02 Oct 2025

Contributed by Lukas

What exactly are long-shorts? And how do they differ from traditional ETFs? In this episode, special guest Lu Lin and host, Erika Toth, delve into the...

The Open Outcry Podcast: Gold’s ‘Glow Up’ Moment

01 Oct 2025

Contributed by Lukas

Central banks have been the biggest source of demand for bullion in recent years, however, that is shifting as new entrants alter the balance of power...

E283 – A Deep Dive on Canadian Equities

25 Sep 2025

Contributed by Lukas

In this episode, special guest Valerie Grimba and your host, Danielle Neziol, take a deep dive into the Canadian equity market. They compare it to oth...

The Open Outcry: Checking in on the Canadian Housing Market

24 Sep 2025

Contributed by Lukas

Slack is building in multiple areas of the Canadian economy, while immigration trends that were supporting growth are now reversing. Robert Kavcic, se...

E282 – Mitigating U.S. Dollar Risk with Hedged-to-CAD Strategies

18 Sep 2025

Contributed by Lukas

Investors face the conundrum of a U.S. equity market that continues to move higher yet a U.S. dollar headed in the opposite direction, presenting a po...

E281 – What ETF Flows Are Telling Us

11 Sep 2025

Contributed by Lukas

Will it be another record-breaking year for Canadian ETF inflows? In this episode, Bipan Rai, Matt Montemurro, and your host, Erika Toth, delve into t...

The Open Outcry: A Quick Overview of the Credit Market

10 Sep 2025

Contributed by Lukas

Central bank policy decisions amid mixed economic data loom large over North American credit markets this fall. Vishang Chawla, portfolio manager, act...

E280 – Decoding Q3 Canadian Bank Earnings

04 Sep 2025

Contributed by Lukas

Last quarter, our mantra was “the best offence is a good defence.” Does it still make sense in today’s environment? In this episode, special gue...

The Open Outcry: September seasonality and other macro factors driving markets

03 Sep 2025

Contributed by Lukas

The early autumn has been accompanied in recent years by broad market weakness and heightened volatility, and this September appears to be no exceptio...

E279 – The Past, Present, and Future of ETFs

21 Aug 2025

Contributed by Lukas

Exchange-traded funds were once thought to be a passing fad in investing; now, 35 years later, the ETF industry is booming. In this special episode, V...

E278 – Tech Trends and the Knowledge Revolution

14 Aug 2025

Contributed by Lukas

Do we really know AI? In this episode, Malcolm White, Bipan Rai, and host, Zayla Saunders, take a deep dive into artificial intelligence and the unkno...

The Open Outcry: How to deal with volatility in the U.S. rates market

13 Aug 2025

Contributed by Lukas

Monetizing volatility through structured rate instruments has become a trusted income strategy, including for the BMO Strategic Fixed Income Yield Fun...

E277 – Trump, Tariffs, and Trade Agreements

07 Aug 2025

Contributed by Lukas

What’s next for U.S.-Canada trade? In this episode, ETF and Alternatives Strategist Bipan Rai, and host, Erika Toth, break down the current and pote...

The Open Outcry: How fast is the U.S. macro backdrop weakening?

06 Aug 2025

Contributed by Lukas

The latest U.S. jobs report has sent tremors through financial markets, altering odds of when—and how quickly—the U.S. Federal Reserve will commen...

The Open Outcry: All About CLOs

30 Jul 2025

Contributed by Lukas

Collateralized Loan Obligations are shaking up the Canadian investing landscape. Bipan is joined by BMO Global Asset Management’s private credit hea...

E276 – Trump vs. Powell: Unpacking the Feud

28 Jul 2025

Contributed by Lukas

In this episode, ETF Strategist Bipan Rai, and your host, Erin Allen, unpack the growing tensions between U.S. President Donald Trump and Fed Chair Je...

The Open Outcry: The Bank of Canada’s Path Forward

23 Jul 2025

Contributed by Lukas

Job market data and other official figures suggest the Canadian economy is on surprisingly steady ground, but other indicators are decidedly more bear...

E275 – Guided Portfolio Strategy Q3 2025

17 Jul 2025

Contributed by Lukas

What are the side effects of higher pricing pressures and capital costs? In this episode, ETF Strategist Bipan Rai, and host, Michelle Allen, break do...

E274 – Gold that Glows with Cash that Flows

10 Jul 2025

Contributed by Lukas

What are the advantages of investing in gold? In this special episode, Portfolio Managers Jonathan Lau and Olivia Li, and your host, Erika Toth, explo...

E273 – Going Beyond the Index with Brian Belski

26 Jun 2025

Contributed by Lukas

In this episode, your host, Erika Toth, sits down with special guest Brian Belski, to get his sought-after market outlook for the months ahead and int...

The Open Outcry: What the Middle East Conflict Means for the Commodity Space

25 Jun 2025

Contributed by Lukas

A new floor price for world oil prices as well as rising forecasts for gold are two among many implications traders are weighing as tensions simmer be...

E272 – Decoding Q2 Canadian Bank Earnings

19 Jun 2025

Contributed by Lukas

In this episode, special guest Sohrab Movahedi, ETF Strategist Bipan Rai, and your host, Skye Collyer, take a deep dive into Canada’s Big Six banks,...

The Open Outcry: The 411 on Section 899

18 Jun 2025

Contributed by Lukas

A part of the new U.S. tax bill (Section 899) holds potentially sweeping implications for Canadian investments in the United States. Leila Ross from B...

E271 – Mid-Year Insights: ETF Industry Flows

12 Jun 2025

Contributed by Lukas

Will 2025 be another record year for the ETF industry? In this episode, Bipan Rai, Matt Montemurro, and host, Erika Toth, look at the latest trends an...

The Open Outcry: June House View - Neutral for Now but Keep the Engine Running

11 Jun 2025

Contributed by Lukas

Bipan Rai and BMO Global Asset Management Chief Investment Officer Sadiq Adatia discuss the monthly House View outlook from Sadiq and team for June, d...

E270 – An Investor’s Guide to Infrastructure in 2025

29 May 2025

Contributed by Lukas

From sidewalks to skyscrapers, Bipan Rai, Massimo Bonansinga, and host, Andrew Vachon, drill down on the critical role infrastructure plays in economi...

The Open Outcry: One Big, Beautiful Podcast that Unpacks Trump’s ‘One, Big Beautiful’ Tax Bill

28 May 2025

Contributed by Lukas

U.S. House Republican tax legislation backed by President Trump holds potentially significant implications for foreign investors, including Canadians....

E269 – An Intro to CLOs

22 May 2025

Contributed by Lukas

In today’s episode, special guest Mark Jarosz, and your host, Zayla Saunders, take us to the top of the cash flow waterfall to provide must-know ans...

E268 – The Case for Tactical Investing

15 May 2025

Contributed by Lukas

In today’s episode, special guest Jeremy Fehr, and your host, Erika Toth, dive into the history of SIA Wealth and explore its innovative approach to...

The Open Outcry: The Current State of the CAD and US Rates Markets

14 May 2025

Contributed by Lukas

With the Federal Reserve and Bank of Canada (BoC) travelling on what appear to be different policy trajectories, Jason Daw, head of North American rat...

The Open Outcry: A Guide to Hedge Fund Investing

09 May 2025

Contributed by Lukas

Bipan Rai is joined by Alex Singh, alternatives partnerships lead for BMO Global Asset Management to discuss the benefits of hedge funds in an overall...

E267 – What Canada’s Election Results Mean for Investors

08 May 2025

Contributed by Lukas

In today’s episode, Bipan Rai, Matt Montemurro, and your host, Erika Toth, break down the recent federal election results. They discuss the Liberal ...

E266 – A Gameplan for the Trade War

01 May 2025

Contributed by Lukas

Trump’s trade wars are creating ripple effects that are being felt far and wide. In today’s episode, ETF Strategist Bipan Rai, and your host, Zayl...

The Open Outcry: New Liberal Government Confronts Rising Recession Risk

30 Apr 2025

Contributed by Lukas

A post-election special from BMO ETFs and alternatives strategist Bipan Rai and guest Ali Jaffery, executive director and senior economist at CIBC. Ho...

E265 – A Deep Dive on Covered Call ETFs

24 Apr 2025

Contributed by Lukas

In this episode, Jonathan Lau, Olivia Li, and host, Skye Collyer, take a deep dive into covered call ETFs—discussing how they work and strategies to...

The Open Outcry: Why Cracks Are Widening in US Dollar Dominance

23 Apr 2025

Contributed by Lukas

A volatile U.S. dollar amid broader trade uncertainty has many Canadian investors questioning whether to add or pare their FX hedges. Bipan Rai, manag...

The Open Outcry: How Canada Should Handle Trump’s Tariff Shock

16 Apr 2025

Contributed by Lukas

Tariff risk is a significant challenge for the Canadian economy—but it’s certainly not the only one confronting policy makers and the private sect...

The Open Outcry: Understanding the Gold Market

11 Apr 2025

Contributed by Lukas

Gold prices have skyrocketed as investors both big and small have poured into the precious metal seeking its relative stability amid ongoing trade unc...

E264 – Riding the Stock Market Roller-Coaster

10 Apr 2025

Contributed by Lukas

Trump’s tariffs have sent stock markets on a roller-coaster ride. Are investors ready for more? In this episode, ETF Strategist Bipan Rai, and host,...

E263 – Guided Portfolio Strategy Q2 2025

03 Apr 2025

Contributed by Lukas

In this episode, ETF Strategist Bipan Rai, and host, Erika Toth, share why they are proceeding with market caution over exuberance and provide a Q2 up...

E262 – Targeting Your Investment Goals

27 Mar 2025

Contributed by Lukas

In this episode, Matt Montemurro, and your host, Acushla Vestby, explore the evolution of the traditional bond laddering strategy—and what the next ...

NEW PODCAST - The Open Outcry: Burning Questions Ahead of Key U.S. Tariff Deadline

26 Mar 2025

Contributed by Lukas

Volatile markets have greeted the tariff regime the Trump Administration appears intent on enacting. Ahead of a key April 2nd deadline for a wave of U...

E261 – Fixed Income Insights and Inflation

20 Mar 2025

Contributed by Lukas

Will inflation’s sudden spike push the Bank of Canada to press pause on rate cuts? In this episode, Bipan Rai, Matt Montemurro, and your host, Erika...

E260 – Decoding Q1 Canadian Bank Earnings

13 Mar 2025

Contributed by Lukas

In this episode, Sohrab Movahedi, Bipan Rai, and your host, Skye Collyer, take a deep dive into Canada’s Big Six banks, from first-quarter earnings ...

E259 – Trends in ETF Flows

07 Mar 2025

Contributed by Lukas

What are ETF flows telling us? In this episode, ETF Strategist Bipan Rai, and host, Erika Toth, pour over the latest industry data and provide insight...

E258 – Trump’s Tariffs: Where Do They Stand?

27 Feb 2025

Contributed by Lukas

Trump’s tariffs are coming—the question is: when? In this episode, ETF Strategist Bipan Rai, and host, Zayla Saunders, discuss key dates and the p...

E257 – A Deep Dive on Sector Investing

20 Feb 2025

Contributed by Lukas

What are the sectoral flows into and out of the Global Industry Classification Standards, or GICS, telling us? In this episode, special guest Michael ...

E256 – What are CDRs?

13 Feb 2025

Contributed by Lukas

Looking to invest overseas with ease? In this episode, special guests Johan Ahlberg, Acushla Vestby, and your host, Erin Allen, explore the fundamenta...

E255 – How Will Trump Tariffs Hit Tech?

04 Feb 2025

Contributed by Lukas

As the world reacts to Trump’s tariffs, questions mount. In this episode, ETF Strategist Bipan Rai, Portfolio Manager Jeremy Yeung, and your host, M...

E254 – Guided Portfolio Strategy Q1 2025

30 Jan 2025

Contributed by Lukas

How are today’s hot-button issues impacting markets? In this episode, ETF Strategist Bipan Rai, and your host, Erika Toth, share more on their cauti...

E253 – Trump, Tariffs & Trade

23 Jan 2025

Contributed by Lukas

Trump and tariffs and trade, oh my! In this episode, special guest Chris Krueger, ETF Strategist Bipan Rai, and your host, Erin Allen, discuss the cur...

E252 – Should You Be Wary of the U.S. Market in 2025?

16 Jan 2025

Contributed by Lukas

Is the coast all clear for another banner year for U.S. assets? In this episode, ETF Strategist Bipan Rai, and your host, Erika Toth, explore several ...

E251 – A Record-Breaking Year for Canadian ETFs

09 Jan 2025

Contributed by Lukas

The Canadian ETF industry ended 2024 with a bang—shattering several records. In this episode, Portfolio Manager Matt Montemurro, ETF Strategist Bipa...

President-Elect Donald Trump’s Tariff Threat is Too Big to Dismiss

26 Dec 2024

Contributed by Lukas

Today, we have a special treat for our listeners—an in-depth episode of the Markets Plus podcast by BMO Capital Markets. In this panel discussion, y...

E250 – Decoding Q4 Canadian Bank Earnings

19 Dec 2024

Contributed by Lukas

In this special episode, Sohrab Movahedi, Bipan Rai, and Skye Collyer take a deep dive into Canada’s Big Six, from recent earnings results and valua...

E249 – Fixed Income Positioning After Jumbo BoC Rate Cut

12 Dec 2024

Contributed by Lukas

After another 50-basis point rate cut, the market is weighing where the Bank of Canada’s rate path goes from here. While the latest inflation print ...

E248 – A Deep Dive on Long-Short Strategies

05 Dec 2024

Contributed by Lukas

In this episode, special guest, Lu Lin, and your host, Zayla Saunders, take a deep dive into long-short strategies—revealing why they believe this n...

E247 – A Trump 2.0 Economy

28 Nov 2024

Contributed by Lukas

As markets prepare for Trump 2.0, ETF Strategist Bipan Rai, and your host, Erika Toth, draw parallels between the 2016 and 2024 economic dynamics, dis...

E246 – Investing in New Era of Infrastructure Transformation

21 Nov 2024

Contributed by Lukas

AI, de-carbonization and de-globalization are three of several trends transforming energy infrastructure, heralding a new era of potentially higher gr...

E245 – Using ETFs for Tax-Loss Selling Strategies

14 Nov 2024

Contributed by Lukas

As we approach the end of the year, many investors are thinking about tax efficiency within their portfolio. Tax loss selling can have a significant i...

E244 – Investing Post-U.S. Election

08 Nov 2024

Contributed by Lukas

Donald Trump has been elected the 47th U.S. president. In this special episode, ETF Strategist Bipan Rai, and yournhost, Erika Toth, recap the results...

E243 – Making Sense of Quality Investing

31 Oct 2024

Contributed by Lukas

In this episode, special guest Paul Riccardella, and your host, Erika Toth, explore the evolution of factor ETFs and delve into all things Quality inv...

E242 – Guided Portfolio Strategy Q4 2024

24 Oct 2024

Contributed by Lukas

In this episode, ETF Strategist Bipan Rai, and your host, Erika Toth, explore the humming U.S. economy, while Canada’s faces turbulence in the home ...