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Stock impact report

After the pandemic, will you ever use cash again? [Toronto Globe and Mail (Ontario, Canada)]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
After the pandemic, will you ever use cash again? Rob Carrick has had the same $50 in his wallet since early March. Rob Carrick/The Globe and Mail Rob Carrick has had the same $50 in his wallet since early March. Since early March, I have had the same $50 in my wallet (see the photographic evidence below). In the pandemic economy, electronic payments rule. Credit cards for online orders and debit or credit cards for those periodic visits to grocery or drugstores. Paying with cash is seen as presenting a risk of transmitting the virus from one person to another – that’s why some retailers that remain open prefer not to accept it. Note: The World Health Organization says there’s no evidence that cash transmits the virus. Cash still has its fans, even in the pandemic. A Bank of Montreal executive told me in a recent conversation that demand for cash through ATMs has been stable. E-mails from readers suggest people may be withdrawing cash out of fear of an economic disturbance where ha Show less Read more
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