$TD

A Toronto Star report says Etobicoke auto shop owner Mark Sach-Anderson’s TD Visa authorized purchases even after entering incorrect PINs, including a $3,200 tool and later tests at a Shoppers Drug Mart and his business. Visa says PIN and signature settings are set by the issuing bank. TD says signature after three wrong PIN attempts is standard protocol and the card was not compromised. FCAC says banks must investigate reported unauthorized transactions.

Canadian prediction markets launched via Wealthsimple Predict are drawing bets on corporate and economic data points, raising concerns from securities experts about potential insider trading and misuse of material non-public information. The platform routes orders to Kalshi, and Wealthsimple cites surveillance layers. Regulators say event contracts may be securities or derivatives and must follow insider-trading and market-manipulation rules.

National Bank analyst Gabriel Dechaine raised Q3 forecasts and fiscal 2028 estimates for Canadian banks, lifting average target prices by 18% and citing stable credit and NIM guidance, with TD as top pick. He upgraded targets for BMO, BNS, CM, EQB, RY and TD. Separately, National Bank Financial analyst Matt Kornack cut GO Residential and H&R ratings after GO’s $3.4B acquisition deal.

StockTargetAdvisor’s Aug 12, 2026 note highlights five TSX themes: Cargojet, Canadian banks, Montage Gold, Air Canada and CNQ. It cites analyst target hikes for Cargojet (Desjardins to C$135, Scotiabank to C$125, National Bank to C$112). For Air Canada, it says an Aeroplan minority deal is expected to raise about C$2.5B for debt repayment and buybacks, while Air Canada cut 2026 core profit guidance to C$2.9B–C$3.2B.

TD Cowen analyst Mario Mendonca (TD Cowen) warns Canadian bank multiples could compress as operating leverage and revenue growth moderate, citing CMRR growth slowing and flat NIMs in 2028. He raised targets for BMO, CIBC, and RBC, and adjusted BNS and NB. Raymond James analyst Stephen Boland also updated Big 6 targets. Desjardins analyst Benoit Poirier said Cargojet shares rose after results.

TD says it has launched a mobile in-app feature, built with Atomic, that lets Canadian clients set up or switch payroll direct deposit within the TD app in about a minute with most employers. TD says it is the first Canadian financial institution to offer fully integrated in-app switching, reducing paperwork and employer coordination and improving security. TD holds exclusive Canadian rights through end-2026.

TD Bank plans to redeem all outstanding US$1.5 billion 3.625% Non-Viability Contingent Capital Subordinated Notes due 2031 on September 15, 2026 at par plus accrued and unpaid interest up to, but excluding, the redemption date. TD says interest will stop accruing after that date and redeemed notes will be cancelled.

TD Bank Group launched a mobile in-app feature in Canada that lets clients set up or switch payroll direct deposit within the TD app, with most employers taking about a minute, according to TD. The guided process aims to reduce paperwork and employer coordination and keep banking details within TD’s secure environment. TD says it has exclusive Canadian rights to the capability through end-2026 via Atomic.

TD Bank Group said it will release third-quarter 2026 results on Aug. 27, 2026. The release is scheduled for about 6:30 a.m. ET, followed by a conference call at 9:30 a.m. ET with analyst Q&A. Webcast and dial-in details, plus an archived replay window, were provided. TD reported $2.1 trillion in assets as of Apr. 30, 2026.

Canada’s banks say they face hurdles financing defence firms because many SMEs lack prior procurement contracts and compliance track records. The government plans to expand defence spending, including a $6-billion BDC defence financing program and a defence industrial strategy to triple revenue. Banks cite regulatory and risk constraints, while procurement cycles can take about seven years.