TORONTO, May 18 /CNW/ - TD Canada Trust has changed its mortgage rates,
effective May 19, 2007. The changes are as follows:

    Fixed Rates                               To:      Change:
    -----------
    6-month convertible                       6.40%    NC
    1-year open                               8.90%    +0.15
    1-year closed                             6.85%    +0.15
    2-year closed                             6.95%    +0.25
    3-year closed                             6.95%    +0.25
    4-year closed                             6.90%    +0.20
    5-year closed                             6.84%    +0.20
    6-year closed                             7.05%    +0.20
    7-year closed                             7.15%    +0.20
    10-year closed                            7.50%    +0.20

    Special Offers
    --------------
    Closed Variable Interest Rate Mortgage    5.50%    NC
    Five year Fixed Rate (Closed)             5.78%    +0.20

For further information: Joan Dal Bianco, V.P., Real Estate Secured
Lending, TD Canada Trust, (416) 307-9273