TD Bank Group says it plans to hire more than 2,000 people to fill new technology roles this year as it pushes further into areas like artificial intelligence and cloud-based operations.
The bank says the new positions will focus on technologies and processes to drive investments and power "the future of banking."
The hiring plans mark a jump from last year when it says it hired about 300 into technology roles, while overall the bank says the wave of hiring will boost its tech-focused employee base by some 15 to 20 per cent.
TD's hiring plans come amid an industry-wide focus on attracting and retaining technology skills.
"We are in a world where there's a war for talent," said Rizwan Khalfan, chief digital and payments officer at TD Bank Group.
The bank says attracting skilled workers is critical to the company's technology transformation and development of new capabilities, including engineering, automation tools, artificial intelligence, cloud technology, and advancing cybersecurity defences.
Greg Keeley, senior executive vice-president of platforms and technology at TD, says the pandemic has accelerated the integration of technology into the bank's services.
He says growing the bank's pool of skilled tech talent is critical to its overall strategy, including the acceleration of its cloud-based technologies to increase the speed of delivering new digital products and services to customers.
On Wednesday the bank also announced it was ramping up its partnership with Microsoft's Azure cloud with plans to establish a broader database on the platform.
TD says it's focused on hiring employees with skills in software development, IT operations, machine learning and automation.
This report by The Canadian Press was first published Jan. 26, 2022
Canadians will learn Tuesday the entirety of the federal Liberal government's new spending plans, and how they intend to pay for them, when Deputy Prime Minister and Finance Minister Chrystia Freeland tables the 2024 federal budget.
An Ontario woman was shocked to find she’d been charged nearly $7,000 after unknowingly using an unauthorized taxi company while on vacation in January.
A man is fighting for his life after falling about 30 feet in an air duct at Montreal's Olympic Stadium on Monday, authorities say.
Tim Hortons is launching flatbread pizzas nationally in a bid to pick up more afternoon and evening customers.
The National Capital Commission is providing a glimpse inside the gutted 24 Sussex Drive, more than a year after the heritage building along the Ottawa River was closed.
NASA confirmed Monday that a mystery object that crashed through the roof of a Florida home last month was a chunk of space junk from equipment discarded at the International Space Station.
Without having seen it, former Bank of Canada governor David Dodge believes that Tuesday's 2024 federal budget from Deputy Prime Minister and Finance Minister Chrystia Freeland is 'likely to be the worst budget' in decades.
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A man is fighting for his life after falling about 30 feet in an air duct at Montreal's Olympic Stadium on Monday, authorities say.
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An Ontario woman was shocked to find she’d been charged nearly $7,000 after unknowingly using an unauthorized taxi company while on vacation in January.
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A couple who owned a Colorado funeral home where authorities last year discovered 190 decaying bodies were indicted on federal charges that they misspent nearly US$900,000 in pandemic relief funds on vacations, cosmetic surgery, jewelry and other personal expenses, according to court documents unsealed Monday.
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The U.S. Supreme Court on Monday let a Republican-backed law in Idaho that criminalizes gender-affirming care for transgender minors broadly take effect after a federal judge blocked it as unconstitutional.
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Foreign Affairs Minister Mélanie Joly says she's urging Israel to de-escalate rising conflicts in the Middle East and not bomb Iran in retaliation for this past weekend's thwarted airstrikes.
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NASA confirmed Monday that a mystery object that crashed through the roof of a Florida home last month was a chunk of space junk from equipment discarded at the International Space Station.
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Canadian singer Grimes apologized to fans on Saturday after her Coachella set earlier that evening was beset by technical issues that caused her to scream into the microphone in frustration.
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B.C. resident Robert Conrad spent thousands of hours on Crown land developing an unusual bond with deer.
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Nicholas Zhang, 17, will be competing at the Paris Olympics in July. He is the youngest Canadian male fencer to ever compete in the category.
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Ontario Provincial Police are investigating after human remains were found in the Ottawa River in Clarence-Rockland on Monday.
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Regina's Jon Ryan is set to sign a one-day contract with the Seattle Seahawks tomorrow officially bringing to an end his pro-football career.
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Friends are raising money for the grieving family of a 16-year-old Saskatoon boy who was killed in a high-speed crash that injured two other teens on Sunday morning.
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A northern Ontario family is devastated after a jury found a Moose Factory man not guilty of a 2021 murder.
The body of a 14-year-old boy has been pulled from Lake Ontario after police say he drowned while swimming near Ashbridges Bay Park on Sunday night.
A number of students have been displaced after a house fire in east London near Fanshawe College. Crews were called to the scene on Prosperity Court late Monday night.
A massive surplus remains from last year’s municipal budget in London, but city staff warned councillors against using it for a tax break this year.
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The residents of Kashechewan First Nation are in a race against time, preparing for a mass evacuation as the relentless threat of flooding from the Albany River looms closer.
It's been more than two years since Jim Lynne died in a crash along Mosley Street in Wasaga Beach.
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General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday.
Windsor police are looking for a woman after a parcel was taken from a home in the 400 block of Chilver Road.
The first Canadian tornado of 2024 hit Essex County in March, says a report from the Northern Tornadoes Project.
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Lethbridge West MLA Shannon Phillips is calling on the province to reinstate funding for the Lethbridge Elder Abuse Response Network.
If you’re planning to head to the coulees this weekend to enjoy the nice weather, don’t forget to look down.
With the weather starting to feel like spring is really here, more kids will likely be outside enjoying the sunshine and warm temperatures, which organizers of the Slow Your Roll campaign say is a perfect time to re-launch the campaign.
The City of Sault Ste. Marie is expecting a busy summer at the Downtown Plaza. City officials say the plaza is coming off a successful first winter season, which saw large crowds gathering at the outdoor rink.
The Soo Greyhounds are the talk of the town, as their second-round matchup in the OHL playoffs touches down in the Sault.
Thunder Bay Police Service held a news conference Monday afternoon to discuss the misconduct investigation that led to criminal charges being laid against the city's former police chief.
A pricing agreement has been reached between crab fishers and seafood processors that will allow for Newfoundland and Labrador's annual crab fishery to get started.
Longliners across Newfoundland and Labrador are tied up once again, as a new protest by the province's fish harvesters threatens to derail the crab fishery for a second straight year.
A unique photo exhibit is putting cameras into the hands of survivors of domestic and sexual violence in Newfoundland and Labrador.
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