Rising foreign investment in Canada doesn't tell the whole story, economists say [BNN Bloomberg (Canada)]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: BNN Bloomberg
Agency data released last week show foreign direct investment hit $96.8 billion last year, the highest level recorded since 2007. StatCan says more than half of last year's foreign investment came from the United States, while TD Bank economist Maria Solovieva notes Canada was pulling back on investments south of the border during the tariff dispute. Solovieva says Canada may see more foreign investment if Prime Minister Mark Carney's global travels in search of trade deals start to bear fruit in future years. Kaylie Tiessen, chief economist at the Canadian SHIELD Institute think tank, says foreign direct investment levels can signal to investors that Canada is a safe and attractive destination to build a business. But she also warns that not all foreign direct investment is created equal and global firms buying up Canadian companies and extracting revenues do nothing to make the economy more resilient. This report by The Canadian Press was first published March 3, 2026.
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Earnings
- 2/26/26 - Beat
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Sec Filings
- 3/5/26 - Form 424B2
- 3/5/26 - Form 424B2
- 3/5/26 - Form 424B2
- TD's page on the SEC website