RE:RE:TD report
The problem superior is having is Foreign Currency Exchange issues, due to the rise of the American dollar, which is common to all companies operating in both the States and Canada. This is nothing new unfortunately. A contract that is hurting them expires at the end of the year. The contracts that they are putting in place at the moment could very well add 70 to 100 million on top of profits should the Canadian and American currency moderate. This was noted in a previous TD securites statement. This company makes most of its money in 6 months and we are just just starting that period.