TORONTO, April 6 /CNW/ - TD Canada Trust has lowered its mortgage rates,
effective April 7, 2009.

    The changes are as follows:

        Fixed Rates                       To:        Change:
        -----------
        6-month convertible               4.90%     -0.30%
        1-year open                       7.15%     -0.30%
        1-year closed                     4.20%     -0.30%
        2-year closed                     4.70%     -0.30%
        3-year closed                     4.90%     -0.30%
        4-year closed                     5.14%     -0.30%
        5-year closed                     5.45%     -0.10%
        6-year closed                     6.30%     -0.10%
        7-year closed                     6.70%      -0.10%
        10-year closed                    6.70%     -0.10%

        Variable Rates                   To:
        --------------
        VIRM Closed                      TD Mortgage Prime + 0.80%
        VIRM Open                        TD Mortgage Prime + 1.00%

For further information: Kelly Hechler, Media Relations, Corporate and
Public Affairs, TD Bank Financial Group, (416) 982-2469