The Toronto lender is targeting energy, critical minerals, defence and aerospace, AI and infrastructure for new financing, underwriting, advisory and other services. It plans to spend the money over five years. (The Logic)

Talking point: In a recent report, TD chief economist Beata Caranci said Canada could be on the brink of what she calls an investment supercycle of funding for capital-intensive projects, given support from the federal government and the $1 trillion worth of projects that have already been announced. In an online post, TD said it’s hoping the new funding will speed up that supercycle—which the bank thinks could reach $1.7 trillion in investments under the right circumstances—and help its clients take advantage of it. The announcement joins a wave of others from Bay Street heavy hitters in advance of the Canada Investment Summit this week, where Ottawa will pitch investors from around the world on 167 projects, ranging from multibillion-dollar energy deals to early-stage technologies.

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