TORONTO, Sept. 8 /CNW/ - TD Canada Trust has lowered its mortgage rates, effective September 9, 2009.

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    The changes are as follows:

        Fixed Rates                       To:        Change:
        -----------
        6-month convertible               4.60%     N/C
        1-year open                       6.55%     N/C
        1-year closed                     3.75%     N/C
        2-year closed                     3.90%     -0.15%
        3-year closed                     4.45%     -0.20%
        4-year closed                     4.94%     -0.20%
        5-year closed                     5.55%     -0.30%
        6-year closed                     6.10%     -0.20%
        7-year closed                     6.60%     -0.20%
        10-year closed                    6.70%     -0.20%

        Variable Rates                   To:
        --------------
        VIRM Closed                      TD Mortgage Prime + 0.30%
        VIRM Open                        TD Mortgage Prime + 0.80%
    >>



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