TD Bank has announced a commitment of $108 billion to support Canadian infrastructure projects. This initiative aims to stimulate lending, underwriting, and financial activities across key sectors. According to CEO Raymond Chun, the bank intends to connect investors with opportunities and assist businesses in scaling their operations.
A report by TD Economics suggests that over 300 projects, requiring $719 billion in investments, are currently approved or pending through 2035. With favorable policy changes, this figure could reach $1.2 trillion. The bank is focusing on supporting small and medium-sized enterprises, as well as Indigenous communities.
In other developments, TD Bank reported $141 million in value generated from artificial intelligence during the first three quarters of fiscal year 2026. This performance puts the bank on track to meet its annual target of $144 million. The bank utilizes predictive, generative, and agentic AI models.
Additionally, TD Bank recently conducted a tokenized payments test on the Project Agorá platform. The trial involved cross-border fund transfers between TD entities in New York and the US, with BNY serving as the clearing bank. The project, led by the Bank for International Settlements, focuses on the tokenization of wholesale payments.
