Canada’s largest lender by assets has begun cutting jobs in Canada and the US as it begins a cost-cutting initiative. TD Bank’s layoffs will be across many divisions including the retail banking division and may include mortgage teams. The Globe and Mail reports that a source claims that hundreds of roles are affected but no further information has been provided. It is understood that those affected have been informed.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: