TD Bank Group to open new Technology and Operations centre in Barrie, Ontario

TORONTO, February 11, 2011 - TD Bank Group today announced plans to build an 180,000 square foot Technology and Operations centre in Barrie, Ontario. Building construction is scheduled to begin in March 2011, with completion expected by late 2012.

"Barrie is a dynamic city that offers the perfect mix of location, accessible technology and future growth for us to invest in,” says Kevin Kessinger, CIO and Executive Vice President, Shared Services, TD Bank Group. “This is the ideal space for us to build our unique, state-of-the-art facility, and we look forward to its creation over the next three years.”

The new centre will be LEED Gold certified and situated on a 40 acre property.

“This is great news for Barrie. I’m extremely pleased that one of Canada’s leading financial institutions is demonstrating its confidence in the City of Barrie’s economy by investing in our City,” said Mayor Lehman. “Not only has TD been a part of our community for many generations, but they continue to contribute and lead by example in many ways. The new technology and operations centre is designed to meet the guidelines of the Canadian Green Building Council’s LEED program and is a significant addition to our growing financial services sector. We hold TD in high regard as a business partner in our City and look forward to working with them as they continue to grow.”

Media inquiries:
Laura Mergelas, Corporate and Public Affairs, TD Bank Group, 416-983-1514, laura.mergelas@td.com

Hany Kirolos, Strategy & Economic Development, City of Barrie, 705-739-4220 ext. 4524, HKirolos@barrie.ca

Details on the zoning information are available from Ryan Windle, City of Barrie, Planning Department, 705-739-4220, ext. 4324 rwindle@barrie.ca