TD Shows Canada’s Banks Are Getting Ready for Economic Trouble
Also: The bank is having a bond-dealing slump
CEO Raymond Chun is leading a strategic review at TD and will present his new vision at an investor day on Sept. 29.
Photographer: Chloe Ellingson/BloombergWelcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.
I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about TD’s earnings report and what it says about other banks’ results next week, sticky inflation and where CPPIB is investing all its money (hint: it’s not at home). Plus: Canada Goose’s supply-chain advantage.