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Mortgage Broker News | 31 Aug 2016, 08:15 AM Agree 0
Q3 2016 growth rate of TD Bank’s profit in Canadian banking is far less than those of its peers
  • Gary | 31 Aug 2016, 09:35 AM Agree 0
    TD is like BNS...the only way they hold their market share is by buying someone else they did in 2000 when they bought out Canada Trust, who, at that time, was one of the best lenders on the street. BNS was losing their market share, so they bought out Maple Trust in 2006 and vaulted themselves into 3rd position in the nation re" mortgage outstandings. In both cases, the banks then tried to fix something that wasn't broken, and the typical antiquated bank thinking took over. We are overdue for another bank buy out...
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