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Toronto-Dominion Bank
Symbol TD
Shares Issued 1,644,815,685
Close 2026-09-11 C$ 167.72
Market Cap C$ 275,868,486,688
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Globe says TD Bank wants to fuel Canadian "supercycle"

2026-09-14 09:08 ET - Tout Talk

The Globe and Mail reports in its Monday edition that ahead of Ottawa's investment summit, the country's biggest banks have been launching initiatives to provide financing for domestic companies as the federal government races to reduce dependence on the United States. The Globe's Stefanie Marotta writes that Toronto-Dominion Bank is committing $150-billion over five years in new lending, underwriting, advisory and other financing activities aimed at driving growth across sectors that are essential to boosting Canada's economy. TD's initiative focuses on five key sectors that the bank believes will drive economic growth, including energy, critical minerals and resources, defence and aerospace, digital technology and artificial intelligence, and infrastructure. For potential projects, TD listed clean and conventional energy, exploration and extraction of resources, aerospace supply chains, artificial-intelligence innovation and commercialization, and ports and trade corridors, among others. The Canadian economy could launch an investment "supercycle" if certain steps are taken, including increasing the competitiveness of the country's tax and regulatory systems, according to a recent report by TD.

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