Toronto-Dominion Bank · TSX:TD

Toronto-Dominion Bank — Investor Presentation (April 2013)

14 slides from Toronto-Dominion Bank's investor presentation, April 2013

  1. Slide 1: The Provincial and Fiscal Outlook

    The Provincial and Fiscal Outlook April 2013

  2. Slide 2: Economic Outlook

    ECONOMIC OUTLOOK • Economic growth is likely to remain sub-par for a second consecutive year in 2013 across the country, with seven of ten REAL GROSS DOMESTIC PRODUCT (GDP) provinces poised to post expansions under 2%. Annual average per cent change 2009 2010 2011 2012E 2013F 2014F • The U.S. econom

  3. Slide 3: Provincial Government Finances Overview

    PROVINCIAL GOVERNMENT FINANCES OVERVIEW FEDERAL AND PROVINCIAL CREDIT RATINGS • The aggregate provincial-federal budgetary balance stayed S&P Moody's DBRS the same at 2.5% of GDP in fiscal 2012-13. Last surplus Canada AAA Aaa AAA position was 1.4% in fiscal 2007-08. Aggregate net debt to Newfoundlan

  4. Slide 4: British Columbia

    BRITISH COLUMBIA Economic and Fiscal Outlook • Strength in the resource and agricultural sectors will drive the BC economy over 2013-14. Increasing exports to Asia and the U.S. will be instrumental in fostering the economic expansion. BRITISH COLUMBIA - TD ECONOMICS' FORECASTS Annual average per cen

  5. Slide 5: Alberta

    ALBERTA Economic and Fiscal Outlook • Widening differential between the price Canadian oil producers were receiving compared to international/North American price benchmarks ALBERTA - TD ECONOMICS' FORECASTS at the end of 2012 dampened government coffers and corporate profits. Annual average per cen

  6. Slide 6: Saskatchewan

    SASKATCHEWAN Economic and Fiscal Outlook • The lure of a tight labour market and higher wages has proven to be SASKATCHEWAN - TD ECONOMICS' FORECASTS attractive for international immigrants. Annual average per cent change unless noted 2010 2011 2012E 2013F 2014F • Tighter North American stock condit

  7. Slide 7: Manitoba

    MANITOBA Economic and Fiscal Outlook • A surge in population growth since 2006 has provided a boost to the MANITOBA - TD ECONOMICS' FORECASTS economy that has supported housing market activity. Annual average per cent change unless noted 2010 2011 2012E 2013F 2014F  Exports should improve off of in

  8. Slide 8: Ontario

    ONTARIO Economic and Fiscal Outlook • External factors play an important role in the outlook for Ontario. As economic activity in the household and government sectors ease, exports ONTARIO - TD ECONOMICS' FORECASTS will be looked to as a source of strength. Encouraging prospects for a Annual average

  9. Slide 9: Québec

    QUÉBEC Economic and Fiscal Outlook • In recent years, Québec has been hampered by a weak labour market and QUÉBEC - TD ECONOMICS' FORECASTS slower growth in its major trading partners – the U.S. and euro zone. Annual average per cent change unless noted 2010 2011 2012E 2013F 2014F  An improving U.S

  10. Slide 10: New Brunswick

    NEW BRUNSWICK Economic and Fiscal Outlook  Gains in economic activity in New Brunswick have been sub-par in recent NEW BRUNSWICK - TD ECONOMICS' FORECASTS years, with real GDP growth estimated at 1.1% in 2012 – the second lowest Annual average per cent change unless noted reading in Canada. 2010 20

  11. Slide 11: Nova Scotia

    NOVA SCOTIA Economic and Fiscal Outlook  Delays in the massive military shipbuilding project – now NOVA SCOTIA - TD Economics' Forecasts expected to be operational in 2015 – has held back the economy. Annual average per cent change unless noted 2010 2011 2012E 2013F 2014F  Real GDP growth advanced

  12. Slide 12: Prince Edward Island

    PRINCE EDWARD ISLAND Economic and Fiscal Outlook  Prince Edward Island is estimated to have recorded the strongest economic growth among Atlantic Provinces in 2012 due to a healthy manufacturing PRINCE EDWARD ISLAND - TD ECONOMICS' FORECASTS sector, strong exports and consumer spending. Annual aver

  13. Slide 13: Newfoundland and Labrador

    NEWFOUNDLAND AND LABRADOR Economic and Fiscal Outlook  Economic growth in Newfoundland and Labrador was held back NFLD AND LABRADOR - TD ECONOMICS' FORECASTS in 2012 as its offshore oil production fields underperformed. The Annual average per cent change unless noted 2010 2011 2012E 2013F 2014F pro

  14. Slide 14: TD Economics www.td.com/economics

    TD Economics www.td.com/economics This report is provided by TD Economics for customers of TD Bank Group. It is for information purposes only and may not be appropriate for other purposes. The report does not provide material information about the business and affairs of TD Bank Group and the member

Toronto-Dominion Bank — Investor Presentation (April 2013) on 6ix