February 2022

A Canadian regulatory change, effective June 1, 2022, means only mutual funds without trailer fees will be allowed for purchase in your TD Direct Investing account. You may notice some updates and account activity ahead of this date as we prepare for this change.

What you need to know

As of March 7, 2022, only mutual funds without trailer fees will be available for purchase on TD Direct Investing platforms.

Between March and May, you may notice exchange activity within your account to switch you, where available, to a series of the same or similar mutual fund that is, or will be by June 1, 2022, non-trailer paying. These transactions will show in your history and on your account statement and will cause no tax implications. Where there is Systematic Investment Plan (SIP) set up and a non-trailer paying series available, the SIP will be automatically switched when your mutual funds series is switched.

There is no action needed on your part at this time. We will work with mutual fund companies to support a smooth transition. 

January 2021

RIF Information Centre

We have curated our top client questions about RIFs in a dedicated RIF Information Centre. Get answers about how to open a RIF account, withdrawals, payments and more.

December 2020

Tax Centre

Access the Tax Centre for helpful information and jargon free answers to your most popular questions. From dates, documents, to specifics - all in one place.

May 1, 2020

Education for every investor
Whether you want to learn something new or have a refresher, our education centre is packed with resources:

• NEW – we have a new Master Class series called The Questions Session. It is an open question period from Monday to Thursday at 4 pm ET 
• Videos – available in The Learning Centre in WebBroker
• Webinars – available 24/7
• Master Classes – see the schedule of investing topics. You can also book a class to see a platform demos

And of course you can call our licensed investment reps – we're here for you Monday to Friday 7 am to 8 pm ET.

 

April 17, 2020:

 

Supporting you during COVID-19

 

Amidst all that is changing with Covid 19, one thing hasn’t…we're here for you. While we have reduced our hours to join the fight against this outbreak, we're here for you Monday to Friday, 7 am to 8 pm at 1-800-465-5463. We ask for your patience. 

 

What are circuit breakers and how do they work? 

 

Circuit breakers are regulatory measures to temporarily halt trading on an exchange or an individual stock when there is excessive market volatility. 

On major exchanges in Canada, if the price of the stock jumps or falls by 10 per cent in a five-minute period, the stock is halted for five minutes. That can be extended another five minutes. This rule applies only from 9:50 a.m. to 3:30 p.m. – which means, not at the start of trading or just before the close.

 

However, in the first 20 minutes of daily trading and the last half-hour, a 20-per-cent change in price will trigger the single-stock halt.

 

In the U.S., circuit breakers are set at three levels to halt trading on major exchanges when the Index drops 7%, 13%, and 20% from the previous day's close:

 

Level	Percentage drop	Duration of trading halt
1	7%	15 minutes
2	13%	15 minutes
3	20%	Remainder of the trading day

*Trading will not halt if the drop happens on or after 3:25 p.m. ET. TD Direct Investing accepts orders during the trading halt. These orders are processed once markets re-open.