Shareholders’ Auditors’ Fees
Aggregate fees paid to the Shareholders’ auditors during the fiscal years ended October 31, 2017 and 2016 were as follows:
|Fees ($ millions) (1)||2017||2016|
|Audit-related fees (2)||2.5||2.5|
|All other fees (3)||2.1||2.7|
(1) The classification of fees is based on applicable Canadian securities laws and U.S. Securities and Exchange Commission definitions.
(2) Audit-related fees for 2017 and 2016 relate to fees paid for accounting advice, specified procedures on our Management Proxy Circular and other specified procedures.
(3) All other fees for 2017 and 2016 relate primarily to fees paid for reviews of compliance with regulatory requirements for financial information and reports on internal controls over services provided by various BMO Financial Group businesses. They also include costs of translation services.