The Toronto-Dominion Bank and Scotiabank have each announced more than $100 billion in planned financing and investment to support Canadian businesses and projects amid ongoing cross-border trade tensions with the United States.
The Toronto-Dominion Bank (TD) is committing $150 billion over five years, while Scotiabank has committed more than $100 billion in financing, underwriting, and investment to support Canadian companies and projects as part of Canada’s economic growth agenda.
The commitments will be available over five years and are intended to support investments aligned with Canada’s long-term growth priorities, including sectors and projects identified through the federal government’s Major Projects Office and broader economic development agenda, according to separate Sept. 14 announcements from the banks….