-   TD Canada Trust encourages customers to come in for advice and
        solutions - the sooner the better

    -   Launches "Real Solutions" seminar series

    TORONTO, May 20 /CNW/ - The good news? Three-quarters of Canadians are
optimistic about their long-term financial future. The not so good news? Many
(77%) are worried about the short-term. This is according to the TD Canada
Trust Personal Finance Survey conducted in April 2009, which revealed that the
financial concerns of Canadians are about their present reality. More than
one-quarter of Canadians say they are living paycheque-to-paycheque and 57% of
Canadians say the economic downturn has had a negative impact on their
personal financial situation and they're looking for advice now. The survey
also revealed that the top three financial concerns of Canadians are whether
they can maintain their current lifestyle (22%), followed by losing money from
investments (18%) and having enough to retire on (16%).
    "Even though we're starting to see some positive signs in the economy, we
know our customers are worried about how it's affecting their lives right now.
Our message is that real help is available and the sooner you come and see us
the better. We want customers to come in and talk to us about options that can
make their lives more manageable," says Tim Hockey, President and CEO of TD
Canada Trust. "We've been able to help thousands of people at our branches
with advice and concrete solutions for managing their debt, running their
businesses, and even planning their retirement, during tough times. And it's
been very inspiring to go on TD Canada Trust's internal blog site and see
hundreds of our employees encouraging each other by sharing individual stories
about helping customers who've been hard hit by the downturn."
    To help even more people, TD Canada Trust is launching the "Real
Solutions" seminar series this May. TD Waterhouse Senior Vice President and
Personal Finance expert Patricia Lovett-Reid will offer practical advice,
discuss local economic insights with TD's Deputy Chief Economist Craig
Alexander, and talk to local banking experts about how residents in
communities hard hit by the economy can regain control over their finances.

    "Real Solutions" seminar topics include:
    -   how to save today to prepare for the unexpected
    -   building a financial plan that you can live with
    -   options for managing debt that let you sleep easier
    -   planning for a brighter future

    The first two seminars will be held in Windsor on May 27 and in Hamilton
on May 28, with more planned for the fall. To register for either free
seminar, call 1-866-997-6770.

    TD CANADA TRUST PERSONAL FINANCE SURVEY

    Ontarians are most likely to be worried about the effects of the economic
downturn, with 80% saying that they are somewhat or very concerned. Residents
of Manitoba and Saskatchewan are least likely to be concerned (71%), along
with residents of the Atlantic (72%). Women are most likely to be concerned
that the economic downturn will have, or continue to have, a negative impact
on them in the near future (84% of women compared to 69% of men).

    Other survey findings:
    -   5% of Canadians surveyed said they have recently lost their job/been
        laid off
    -   11% of Canadians said they are concerned they will lose their job
    -   9% said they have delayed retirement/cannot afford to retire when
        they originally planned
    -   For Canadians aged 50+, the biggest financial concern is losing money
        from investments (27%), followed by maintaining current lifestyle
        (24%) and having enough money to retire (22%)
    -   67% of Canadians said they are concerned about saving enough money to
        retire. Canadians aged 40 to 49 are most concerned about this (80%).
        65% of those 50 plus agree they are also concerned

    About the survey:

    The TD Canada Trust Personal Finance Survey examined the issues and
concerns of Canadians during these uncertain economic times. The survey was
conducted by Angus Reid Strategies from April 8 to 16, 2009. The sample size
includes a nationally representative sample of 1,014 men and women.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in
North America by branches and serves approximately 17 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 and TD Insurance; Wealth Management, including TD Waterhouse
and an investment in TD Ameritrade; U.S. Personal and Commercial Banking
through TD Banknorth and TD Bank, America's Most Convenient Bank; and
Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks
among the world's leading online financial services firms, with more than 5.5
million online customers. TD Bank Financial Group had CDN$585 billion in
assets on January 31, 2009. The Toronto-Dominion Bank trades under the symbol
"TD" on the Toronto and New York Stock Exchanges.

For further information: Carolyn Abbass, Karen McCullough, Paradigm
Public Relations, (416) 203-2223, cabbass@paradigmpr.ca,
kmccullough@paradigmpr.ca; Erin Baldwin, TD Bank Financial Group, (416)
308-4061, erin.baldwin@td.com