Canadian Real Estate Secured Lending Portfolio Highlights
Endnotes
TD
91. Ratings by Moody's and DBRS, respectively, as at April 30, 2022.
92. The Covered Bond Label Foundation and its affiliates are not associated with and do not approve or endorse TD's covered bond products.
93. Current Loan to Value is calculated with the Teranet-National Bank House Price Index and weighted by balance.
94. Any non-NVCC preferred shares and non-NVCC subordinated debt issued after September 23, 2018 would also be in scope.
95. Term as defined in the bail-in regulations.
96. In determining the multiplier, CDIC must take into consideration the requirement in the Bank Act for banks to maintain adequate capital and that
equally ranking bail-in eligible instruments must be converted in the same proportion and receive the same number of common shares per dollar
of claim.
97. Source: TD Economics, May 2022. For recent economic analysis and research please refer to https://economics.td.com.
98. Source: TD Economics, May 2022. For recent economic analysis and research please refer to https://economics.td.com.
99. Gross Impaired Loan formations represent additions to Impaired Loans & Acceptances during the quarter; excludes the impact of acquired credit-
impaired loans.
100.GIL Formations Ratio: Gross Impaired Loan Formations/Average Gross Loans & Acceptances.
101.Gross Impaired Loans (GIL) excludes the impact of acquired credit-impaired loans.
102.GIL Ratio: Gross Impaired Loans/Gross Loans & Acceptances (both are spot) by portfolio.
103.Effective November 1, 2017, the Bank adopted IFRS 9, which replaces the guidance in IAS 39. The Bank made the decision not to restate
comparative period financial information and has recognized any measurement differences between the previous carrying amount and the new
carrying amount on November 1, 2017 through an adjustment to opening retained earnings. As such, fiscal 2018 and 2019 results reflect
the adoption of IFRS 9, while prior periods reflect results under IAS 39.
104.PCL-impaired represents Stage 3 PCL under IFRS 9, performing represents Stage 1 and Stage 2 on financial assets, loan commitments, and
financial guarantees.
105.RESL Portfolio Loan to Value is calculated with the Teranet-National Bank House Price Index™ and weighted by the total exposure. The
Teranet-National Bank House Price Index TM is a trademark of Teranet Enterprises Inc. and National Bank of Canada and has been licensed for
internal use by The Toronto-Dominion Bank's Real Estate Secured Lending team only.
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