This is interesting because for years on end, the party line was that in no way would a Canadian bank ever cut its dividend. Personally I don't think this going to happen but after Manulife who knows. Then again despite their similarities banks and insurance companies do have different dynamics.

It just seems odd that BMO or any other CAD. bank would cut it's dividend now when there was no such thing in the midst of the battle 3-6-9-12 months ago.....