Toronto-Dominion Bank has launched Project Catalyst, a C$150 billion commitment over five years for lending, underwriting, and advisory services. The initiative targets key Canadian sectors including energy, critical minerals, defense, aerospace, digital/AI, and infrastructure.
The pledge represents an annual increase of approximately C$30 billion over the bank's current growth trajectory in these areas. The announcement coincided with the Canada Investment Summit in Toronto, where the federal government aims to attract C$1 trillion in new investment.
TD will publicly report on the capital deployment, which includes support for small businesses and Indigenous economic participation. The commitment is among the largest from Canada's major financial institutions.