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TD Bank Outlines CA$150 Billion Commitment to Boost Canadian Economy

TD Bank Outlines CA$150 Billion Commitment to Boost Canadian Economy

MT newswireMT newswire2026/09/14 12:12
08:12 AM EDT, 09/14/2026 (MT Newswires) -- The Toronto-Dominion Bank (TD.TO) plans to allot CA$150 billion over the next five years to drive new lending, underwriting, advisory and other financing activities linked to boosting Canada's economy. The bank said Monday its commitment will be focused on energy, critical minerals, defense and aerospace, artificial intelligence, and infrastructure. "TD will connect investors with opportunity, help businesses scale and strengthen the sectors critical to Canada's next era of growth," Chief Executive Officer Raymond Chun said. The commitment comes as Prime Minister Mark Carney launches a two-day summit with major investors to raise CA$1 trillion in investment over the next five years, with a focus on infrastructure, energy, critical minerals and nation-building projects. The bank said it will identify opportunities, advise clients, and accelerate investment in sectors that are deemed critical to the Canadian economy amid the tariff battle with the United States. "We are mobilizing our resources and capabilities to help clients and communities realize the full potential of the economic supercycle," Chun said.
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