Facts & Information Page: TD Canada Trust - Canada
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TD Canada Auto Loans
TD Canada Loan Life and Disability Insurance
TD Canada Every Day Savings Account
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COMPANY INFORMATION AND BIOGRAPHY:
TD's earliest predecessor, The Bank of Toronto, was founded in 1855 in Toronto, Canada, by a group of Ontario flour millers and grain dealers. Rooted in Canada's emerging grain industry, the new bank provided essential banking, insurance and commodity exchange services. As the bank's business grew, a three person staff began developing a provincial branch network and expanded outside Ontario, to Montreal in 1860.
The Dominion Bank is inspired by the prosperity and optimism following Canada's founding in 1867, a group of professionals, industrialists and financiers raised funds to create a new financial institution. Eager to help the young country finance important nation-building projects, the Canadian Parliament issued a charter to The Dominion Bank in 1869. Opening its first branch in 1871, The Dominion Bank kept pace with The Bank of Toronto in extending its service to customers and communities across central Canada.
Canada's Western opened to development in the 1880s. The banks began extending loans to the resource, utilities and manufacturing sectors. The Dominion Bank made the first move west, opening in Winnipeg, Manitoba in 1897, and two years later the Bank of Toronto opened a branch in the British Columbia mining town of Rossland.