12:53:12 EST Sun 07 Dec 2025
Enter Symbol
or Name
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CA



Toronto-Dominion Bank
Symbol TD
Shares Issued 1,700,822,179
Close 2025-10-28 C$ 115.29
Market Cap C$ 196,087,789,017
Recent Sedar Documents

FP says CIBC, rivals anticipate another BOC rate cut

2025-10-28 08:36 ET - In the News

See In the News (C-CM) Canadian Imperial Bank of Commerce (CIBC)

The Financial Post reports in its Tuesday, Oct. 28, edition that economists anticipate a 25-basis-point cut to the Bank of Canada's policy rate on Wednesday due to a weakening economy affected by trade uncertainty, low business investment and a deteriorating labour market. The Post's Jordan Gowling writes that C.D. Howe Institute's Jeremy Kronick says, "All of those things add up to a lot of overall weakness and likely more weakness to come, especially if layoffs continue in some of the big sectors that are affected by steel, aluminum and car tariffs." The BOC's next interest rate decision on Oct. 29 comes amid renewed trade uncertainty after President Donald Trump cancelled talks over an Ontario anti-tariff ad and just days before a federal budget that promises generational investments aimed at rebuilding Canada's economic resilience. A cut would put the overnight rate at 2.25 per cent, near the lower end of what the BOC estimates is its neutral range. Activity in the third quarter is expected to remain weak, worsened by uncertainty over a potential U.S. deal on sectoral tariffs following Mr. Trump's termination of trade talks due to a Reagan ad. Over the weekend, he announced an additional 10-per-cent tariff on Canada.

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