Policy-makers must foster workforce participation, skills match
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Changes include two business banking leadership shifts
Longtime head Paul Douglas is stepping back from daily operations
Data from the bank's customers suggest strong Q4 retail sales
Lagging effects of higher rates to impact banks' bottom lines this year
TD expects inflation will fall next year but no consensus on whether BoC will hike rates further
TD expects the debt service ratio to hit a record high of 16.1% by the first quarter of 2024
Capital increase appropriate amid rising risks, rating agency says
Higher net interest income may be the only bright spot for Canadian banks in 2023