TD Canada Trust Launches the Green Mortgage and the Green Home Equity Line of Credit

    -   First offering of its kind combining home borrowing and green home
    -   5-yr fixed rate Green Mortgage or 5-yr fixed portion of a Green HELOC
        offered at 1% below posted rate
    -   Qualified appliances, upgrades or renos can result in up to a 1% cash
    -   Offer available to new and existing customers
    -   TD Canada Trust will donate $100 to TD Friends of the Environment

    TORONTO, Nov. 30 /CNW/ - Today, TD Canada Trust launched two new
Green Home products for those who are planning to purchase a home or leverage
the equity in their existing home. The TD Canada Trust Green Mortgage and the
TD Canada Trust Green Home Equity Line of Credit (HELOC) offer a lower
interest rate and rebates on certain purchases, while giving back to the

    Save money and help protect the environment

    TD Canada Trust's Green products offer a 5-year fixed rate Green Mortgage
or Green HELOC with a 5-year fixed portion at 1% lower than the posted rate.
In addition, upon validation TD Canada Trust will provide a cash rebate of up
to 1% of the amount of the mortgage or fixed portion of the HELOC when the
customer purchases and submits receipts for ENERGY STAR qualified products
within six months of the term start date of the financing. At the time of the
rebate, TD Canada Trust will also make a donation of $100 to the Friends of
the Environment Foundation.

    What's eligible?

    A wide range of ENERGY STAR qualified products in the following

    -   Major appliances
    -   Heating, cooling and ventilation equipment and controls
    -   Windows, doors and skylights

    The cost of a residential energy efficiency assessment is also eligible.

    Canadians keen to make a difference

    According to a recent survey conducted by Ipsos Reid for TD Canada Trust,
one third of Canadians are likely to make significant improvements to their
homes in the next 12 months (15% were very likely and 18% were somewhat
likely). Furthermore, 76% said they were likely to consider conducting an
environmental assessment prior to finalizing renovation plans.
    Although cost savings and increased resale value were the strongest
drivers for seeking environmentally friendly features, 92% of Canadian
homeowners said reducing their home's impact on the environment is an
important factor (49% very important, 43% say it is somewhat important).
    "Our recent Green home ownership survey, together with the growing demand
we are seeing for green products, shows that Canadians are evolving from being
concerned about the environment, to taking action on it," says Joan Dal
Bianco, Vice President, Real Estate Secured Lending at TD Canada Trust. "We're
pleased to be able to support this shift with the first product offering of
its kind on the market that brings together home borrowing with Canadians'
efforts to make environmentally friendly changes to their homes."

    How it works:

    A typical scenario for TD Canada Trust's Green Home Products might
involve the purchase of a home for $250,000 for which the buyer secures a
5 year fixed rate mortgage of $200,000 with a rate discount of 1%. The
homeowner then invests $10,000 to complete some ENERGY STAR(R)-qualified
upgrades to the heating system, windows and doors, as well as new kitchen
appliances. After submitting the receipts for these upgrades, TD Canada Trust
will provide the homeowner with a rebate of up to 1% of the $200,000 mortgage.
In this case, that adds up to $2,000 in rebates. (If the homeowner spends less
than the equivalent of 1% of the mortgage on ENERGY STAR(R)-qualified
products, a rebate for that lesser amount would be provided.) At the time of
the rebate, TD Canada Trust would make a $100 donation to the Friends of the
Environment Foundation.

    Making a difference in your own backyard

    "The great thing about this donation is that TD Friends of the
Environment Foundation works through almost 100 local chapters coast to coast
to ensure that donations are directed to projects in the contributor's
community," continues Dal Bianco. "This program not only rewards homeowners
who make environmentally friendly changes to their homes, but also benefits
the environment in their own backyards."

    More information on our new offering is available at
    Information on TD Friends of the Environment Foundation is available at
    Information on ENERGY STAR(R)-qualified products is available at

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. TD Bank Financial Group had
CDN$422 billion in assets as of October 31, 2007. The Toronto-Dominion Bank
trades on the Toronto and New York Stock Exchanges under the symbol "TD", as
well as on the Tokyo Stock Exchange.

For further information:

For further information: Stephen Ledgley, NATIONAL Public Relations,, (416) 848-1376

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