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TD Bank Group Announces New Changes to Senior Executive Team - News

After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal Banking, has informed TD of her intention to retire at the end of January 2022. Upon her retirement, she will be appointed to TD's U.S. Board of Directors, effective February 1, 2022."Teri's contributions to TD have touched almost every corner of the Bank.  She rose. ....

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If You Open It, They Will Come: BMO Economics Releases Canadian Consumer Outlook


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BMO encourages Canadians to support their communities by spending at local small businesses
TORONTO, Dec. 11, 2020 /CNW/ - Household finances during the COVID-19 pandemic in Canada have shown remarkable strength relative to previous downturns – courtesy of historic government support – and Canadians appear ready to spend as soon as they are able, according to a new outlook for the Canadian consumer from BMO Economics.
Canadians financial health is highlighted by a mountain of $150 billion in excess savings, said Doug Porter, Chief Economist, BMO Financial Group. We believe households will need little policy prodding to ramp up spending on services, when health circumstances allow; witness the speed and vigour with which consumers returned to stores and malls during partial re-openings this summer. We look for spending to rebound almost 6 per cent in 2021, and by more than 7 per cent when inflation is factored in. ....

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