Economists say chances of any rate movement are “virtually nil”
Company also raises dividend by 9%
Affirms bank's ratings
But TD Economics reports that Canada's strong diversification will help prevent it from feeling the full effects of a U.S. slowedown
Any downturn will prove to be "mild and transitory," TD says
Volatility should continue until rates start creeping downwards
Comments follow today’s release of TD Banknorth Inc.'s Q2 earnings
$55 million contribution to wealth management segmen
Masrani named president of TD Banknorth
Morisset brings 12 years of experience to TD Securities