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Profit in TD’s core personal and commercial banking business rose seven per cent year-over-year to $1.73 billion on higher margins and loan volume growth. Revenue grew 17 per cent to $4.59 billion. The wealth management segment’s profit fell 14 per cent year-over-year to $550 million amid market volatility.
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The Daily Chase: Canadian economy stalls in Q4; Bank earnings season fully kicks off - BNN BloombergThe domestic economy slipped into negative growth territory in December, with output falling 0.1 per cent month-over-month.
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