<?xml version="1.0" encoding="US-ASCII"?>
<!-- DFIN Xcelerate Taxonomy Labels Linkbase - https://www.dfinsolutions.com/ -->
<!-- Version: 6.23.6 -->
<!-- Round: 7d13c8d4-402d-4164-bc5c-056deba6d339 -->
<!-- Creation date: 2019-05-22T17:14:20Z -->
<!-- Copyright (c) 2019 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AccumulatedImpairmentLossOfGoodwill" xlink:label="td_AccumulatedImpairmentLossOfGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AccumulatedImpairmentLossOfGoodwill_lbl" xml:lang="en-US" id="id_11322428_3462337_3_1">Accumulated impairment loss of goodwill.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AccumulatedImpairmentLossOfGoodwill_lbl" xml:lang="en-US" id="id_11322428_3462337_1_1">Accumulated impairment loss of goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AccumulatedImpairmentLossOfGoodwill_lbl" xml:lang="en-US" id="id_11322428_3462337_2_1">Accumulated impairment</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417200_1_1">Accumulated other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417200_2_1">Accumulated other comprehensive income (loss)</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3416979_1_1">Accumulated other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3416979_2_1">Accumulated other comprehensive income (loss) [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="ifrs-full_AccumulatedOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AcquiredCreditImpairedLoansMember" xlink:label="td_AcquiredCreditImpairedLoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AcquiredCreditImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3530650_3_1">Acquired credit-impaired loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AcquiredCreditImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3530650_1_1">Acquired credit-impaired loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AcquiredCreditImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3530650_2_1">Acquired credit-impaired loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AcquiredCreditImpairedLoansMember" xlink:to="td_AcquiredCreditImpairedLoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl" xml:lang="en-US" id="id_11322428_3416982_1_1">Consideration transferred, acquisition-date fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl" xml:lang="en-US" id="id_11322428_3416982_2_1">Acquisition, net purchase consideration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract" xlink:label="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract_lbl" xml:lang="en-US" id="id_11322428_3431939_3_1">Activities in debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract_lbl" xml:lang="en-US" id="id_11322428_3431939_1_1">Activities in debt securities at amortized cost [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract_lbl" xml:lang="en-US" id="id_11322428_3431939_2_1">Activities in debt securities at amortized cost (Note 5)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract" xlink:to="td_ActivitiesInDebtSecuritiesAtAmortizedCostAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:label="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431943_3_1">Activities in financial assets at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431943_1_1">Activities in financial assets at fair value through other comprehensive income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431943_2_1">Activities in financial assets at fair value through other comprehensive income (Note 5)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="td_ActivitiesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionalPaidinCapital" xlink:label="ifrs-full_AdditionalPaidinCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionalPaidinCapital_lbl" xml:lang="en-US" id="id_11322428_3416544_1_1">Additional paid-in capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionalPaidinCapital_lbl" xml:lang="en-US" id="id_11322428_3416544_2_1">Contributed surplus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalPaidinCapital" xlink:to="ifrs-full_AdditionalPaidinCapital_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="ifrs-full_AdditionalRecognitionGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionalRecognitionGoodwill_lbl" xml:lang="en-US" id="id_11322428_3417220_1_1">Additional recognition, goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionalRecognitionGoodwill_lbl" xml:lang="en-US" id="id_11322428_3417220_2_1">Additions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalRecognitionGoodwill" xlink:to="ifrs-full_AdditionalRecognitionGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustedWeightedAverageShares" xlink:label="ifrs-full_AdjustedWeightedAverageShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl" xml:lang="en-US" id="id_11322428_3416551_1_1">Adjusted weighted average number of ordinary shares outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl" xml:lang="en-US" id="id_11322428_3416551_6_1">Weighted-average number of common shares outstanding - diluted (millions)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentForNetRealizedGainsLossesOnSecurities" xlink:label="td_AdjustmentForNetRealizedGainsLossesOnSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentForNetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3462085_3_1">Adjustment for net realized gains losses on securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentForNetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3462085_1_1">Adjustment for net realized gains losses on securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_AdjustmentForNetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3462085_14_1">Net securities losses (gains) (Note 5)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentForNetRealizedGainsLossesOnSecurities" xlink:to="td_AdjustmentForNetRealizedGainsLossesOnSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForAmortizationExpenseOfOtherIntangibles" xlink:label="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles_lbl" xml:lang="en-US" id="id_11322428_3462084_3_1">Adjustments for amortization expense of other intangibles to reconcile profit (loss) to net cash flow from (used in) operating activities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles_lbl" xml:lang="en-US" id="id_11322428_3462084_1_1">Adjustments for amortization expense of other intangibles</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles_lbl" xml:lang="en-US" id="id_11322428_3462084_2_1">Amortization of other intangibles</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles" xlink:to="td_AdjustmentsForAmortizationExpenseOfOtherIntangibles_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForDecreaseIncreaseFinancialAssetsTradingLoansSecuritiesAndOther" xlink:label="td_AdjustmentsForDecreaseIncreaseFinancialAssetsTradingLoansSecuritiesAndOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForDecreaseIncreaseFinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3462086_3_1">Adjustment for increase (decrease) in financial asset trading loans, securities, and other.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForDecreaseIncreaseFinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3462086_1_1">Adjustments for decrease increase financial assets trading loans securities and other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForDecreaseIncreaseFinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3462086_2_1">Trading loans and securities</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForDecreaseIncreaseInLoansNetOfSecuritizationsAndSales" xlink:label="td_AdjustmentsForDecreaseIncreaseInLoansNetOfSecuritizationsAndSales"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForDecreaseIncreaseInLoansNetOfSecuritizationsAndSales_lbl" xml:lang="en-US" id="id_11322428_3462087_3_1">Adjustments for decrease (increase) in loans net of securitizations and sales.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForDecreaseIncreaseInLoansNetOfSecuritizationsAndSales_lbl" xml:lang="en-US" id="id_11322428_3462087_1_1">Adjustments for decrease increase in loans net of securitizations and sales</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_AdjustmentsForDecreaseIncreaseInLoansNetOfSecuritizationsAndSales_lbl" xml:lang="en-US" id="id_11322428_3462087_14_1">Loans net of securitization and sales</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl" xml:lang="en-US" id="id_11322428_3416557_1_1">Adjustments for decrease (increase) in reverse repurchase agreements and cash collateral on securities borrowed</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl" xml:lang="en-US" id="id_11322428_3416557_2_1">Securities purchased under reverse repurchase agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:label="ifrs-full_AdjustmentsForDeferredTaxExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDeferredTaxExpense_lbl" xml:lang="en-US" id="id_11322428_3417228_1_1">Adjustments for deferred tax expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDeferredTaxExpense_lbl" xml:lang="en-US" id="id_11322428_3417228_2_1">Deferred taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:to="ifrs-full_AdjustmentsForDeferredTaxExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDepreciationExpense" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xml:lang="en-US" id="id_11322428_3416560_1_1">Adjustments for depreciation expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xml:lang="en-US" id="id_11322428_3416560_2_1">Depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForFinancialAssetsAndLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" xlink:label="td_AdjustmentsForFinancialAssetsAndLiabilitiesDesignatedAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForFinancialAssetsAndLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3537434_3_1">Adjustments for financial assets and liabilities designated at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForFinancialAssetsAndLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3537434_1_1">Adjustments for financial assets and liabilities designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForFinancialAssetsAndLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3537434_2_1">Financial assets and liabilities designated at fair value through profit or loss</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInAccruedInterestReceivableAndPayable" xlink:label="td_AdjustmentsForIncreaseDecreaseInAccruedInterestReceivableAndPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInAccruedInterestReceivableAndPayable_lbl" xml:lang="en-US" id="id_11322428_3444538_3_1">Adjustments for increase decrease in accrued interest receivable and payable.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInAccruedInterestReceivableAndPayable_lbl" xml:lang="en-US" id="id_11322428_3444538_1_1">Adjustments for increase decrease in accrued interest receivable and payable</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInBrokersDealersAndClientsAmountsReceivableAndPayable" xlink:label="td_AdjustmentsForIncreaseDecreaseInBrokersDealersAndClientsAmountsReceivableAndPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInBrokersDealersAndClientsAmountsReceivableAndPayable_lbl" xml:lang="en-US" id="id_11322428_3448722_3_1">Adjustments for increase (decrease) in brokers dealers and clients amounts receivable and payable.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInBrokersDealersAndClientsAmountsReceivableAndPayable_lbl" xml:lang="en-US" id="id_11322428_3448722_1_1">Adjustments for increase decrease in brokers dealers and clients amounts receivable and payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInBrokersDealersAndClientsAmountsReceivableAndPayable_lbl" xml:lang="en-US" id="id_11322428_3448722_14_1">Brokers, dealers and clients amounts receivable and payable</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInCurrentIncomeTaxes" xlink:label="td_AdjustmentsForIncreaseDecreaseInCurrentIncomeTaxes"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInCurrentIncomeTaxes_lbl" xml:lang="en-US" id="id_11322428_3444539_1_1">Adjustments for increase decrease in current income taxes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInCurrentIncomeTaxes_lbl" xml:lang="en-US" id="id_11322428_3444539_2_1">Current taxes</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInDeposits" xlink:label="td_AdjustmentsForIncreaseDecreaseInDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInDeposits_lbl" xml:lang="en-US" id="id_11322428_3444544_3_1">Adjustments for increase decrease in deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInDeposits_lbl" xml:lang="en-US" id="id_11322428_3444544_1_1">Adjustments for Increase Decrease in Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInDeposits_lbl" xml:lang="en-US" id="id_11322428_3444544_2_1">Deposits</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments" xlink:label="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments_lbl" xml:lang="en-US" id="id_11322428_3444473_3_1">Adjustments for increase (decrease) in net derivative financial instruments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments_lbl" xml:lang="en-US" id="id_11322428_3444473_1_1">Adjustments for Increase Decrease in Net Derivative Financial Instruments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments_lbl" xml:lang="en-US" id="id_11322428_3444473_2_1">Derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments" xlink:to="td_AdjustmentsForIncreaseDecreaseInNetDerivativeFinancialInstruments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:label="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3462089_3_1">Adjustments for increase (decrease) in non trading financial assets designated at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3462089_1_1">Adjustments for increase decrease in non trading financial assets designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3462089_2_1">Non-trading financial assets at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="td_AdjustmentsForIncreaseDecreaseInNonTradingFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl" xml:lang="en-US" id="id_11322428_3416784_1_1">Adjustments for increase (decrease) in repurchase agreements and cash collateral on securities lent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl" xml:lang="en-US" id="id_11322428_3416784_2_1">Securities sold under repurchase agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3448150_3_1">Adjustments for increase decrease in securities sold short.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3448150_1_1">Adjustments for increase decrease in securities sold short</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3448150_2_1">Securities sold short</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort" xlink:to="td_AdjustmentsForIncreaseDecreaseInSecuritiesSoldShort_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443851_3_1">Adjustments for increase decrease in securitization liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443851_1_1">Adjustments for Increase Decrease in Securitization Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443851_2_1">Securitization liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities" xlink:to="td_AdjustmentsForIncreaseDecreaseInSecuritizationLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3417013_1_1">Adjustments to reconcile profit (loss) [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3417013_2_1">Adjustments to determine net cash flows from (used in) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3417015_1_1">Adjustments for undistributed profits of investments accounted for using equity method</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3417015_14_1">Equity in net income of an investment in TD Ameritrade (Note 7)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:label="ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_lbl" xml:lang="en-US" id="id_11322428_3416577_1_1">Adjustment to profit (loss) for preference share dividends</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_lbl" xml:lang="en-US" id="id_11322428_3416577_2_1">Preferred dividends</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:to="ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset" xlink:label="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3458662_3_1">Administrative expense net defined benefit liability asset.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3458662_1_1">Administrative Expense Net Defined Benefit Liability Asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3458662_2_1">Defined benefit administrative expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset" xlink:to="td_AdministrativeExpenseNetDefinedBenefitLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AggregatedMeasurementMember" xlink:label="ifrs-full_AggregatedMeasurementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AggregatedMeasurementMember_lbl" xml:lang="en-US" id="id_11322428_3417023_1_1">Aggregated measurement [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AggregatedMeasurementMember_lbl" xml:lang="en-US" id="id_11322428_3417023_2_1">Aggregated measurement [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregatedMeasurementMember" xlink:to="ifrs-full_AggregatedMeasurementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="ifrs-full_AggregatedTimeBandsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AggregatedTimeBandsMember_lbl" xml:lang="en-US" id="id_11322428_3417242_1_1">Aggregated time bands [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AggregatedTimeBandsMember_lbl" xml:lang="en-US" id="id_11322428_3417242_2_1">Aggregated time bands [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregatedTimeBandsMember" xlink:to="ifrs-full_AggregatedTimeBandsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AgreementForAirCanadaCreditCardLoyaltyProgramMember" xlink:label="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember_lbl" xml:lang="en-US" id="id_11322428_3493284_3_1">Agreement for air Canada credit card loyalty program.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember_lbl" xml:lang="en-US" id="id_11322428_3493284_1_1">Agreement for Air Canada Credit Card Loyalty Program [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember_lbl" xml:lang="en-US" id="id_11322428_3493284_2_1">Agreement for Air Canada Credit Card Loyalty Program [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember" xlink:to="td_AgreementForAirCanadaCreditCardLoyaltyProgramMember_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="currency_AllCurrenciesDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_AllCurrenciesDomain_lbl" xml:lang="en-US" id="id_11322428_3417028_1_1">All Currencies [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_AllCurrenciesDomain_lbl" xml:lang="en-US" id="id_11322428_3417028_2_1">All Currencies [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_AllCurrenciesDomain" xlink:to="currency_AllCurrenciesDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3417030_1_1">All levels of fair value hierarchy [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3417030_2_1">All levels of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:to="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3416589_1_1">Allowance account for credit losses of financial assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3416589_4_1">Balance at end of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3416589_5_1">Balance at beginning of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3416589_2_1">Allowance for credit losses on debt securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures" xlink:label="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures_lbl" xml:lang="en-US" id="id_11322428_3448847_3_1">Allowance Account For Credit Losses Of Loans And Off Balance Sheet Exposures</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures_lbl" xml:lang="en-US" id="id_11322428_3448847_1_1">Allowance Account For Credit Losses Of Loans And Off Balance Sheet Exposures</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures_lbl" xml:lang="en-US" id="id_11322428_3448847_2_1">Allowance for off balance sheet credit instruments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures" xlink:to="td_AllowanceAccountForCreditLossesOfLoansAndOffBalanceSheetExposures_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceAccountForLoanLosses" xlink:label="td_AllowanceAccountForLoanLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceAccountForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461817_3_1">The amount of an allowance account used to record impairments to loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceAccountForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461817_1_1">Allowance account for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AllowanceAccountForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461817_2_1">Allowance for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_AllowanceAccountForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461817_14_1">Allowance for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="td_AllowanceAccountForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461817_18_1">Allowance for loan losses (Note 6)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceAccountForLoanLosses" xlink:to="td_AllowanceAccountForLoanLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans" xlink:label="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567071_3_1">Allowance account for loan losses excluding acquired credit-impaired loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567071_1_1">Allowance Account For Loan Losses Excluding Acquired Credit Impaired Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567071_2_1">Allowance for loan losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans" xlink:to="td_AllowanceAccountForLoanLossesExcludingAcquiredCreditImpairedLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments" xlink:label="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3565967_3_1">Allowance account for loan losses, including off-balance sheet instruments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3565967_1_1">Allowance account for loan losses, including off-balance sheet instruments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3565967_4_1">Balance, including off-balance sheet instruments, at end of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3565967_5_1">Balance, including off-balance sheet instruments, at beginning of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments" xlink:to="td_AllowanceAccountForLoanLossesIncludingOffbalanceSheetInstruments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceAccountForLoansAcquiredCreditImpaired" xlink:label="td_AllowanceAccountForLoansAcquiredCreditImpaired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceAccountForLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462026_3_1">The amount of an allowance account used to record impairments on acquired credit-impaired loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceAccountForLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462026_1_1">Allowance Account For Loans Acquired Credit Impaired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AllowanceAccountForLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462026_2_1">Allowance for loan losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceAccountForLoansAcquiredCreditImpaired" xlink:to="td_AllowanceAccountForLoansAcquiredCreditImpaired_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost" xlink:label="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462073_3_1">The amount of allowance account used to record impairments to Debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462073_1_1">Allowance For Credit Losses For Debt Securities Measured At Amortized Cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462073_2_1">Allowance for credit losses on debt securities at amortized cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost" xlink:to="td_AllowanceForCreditLossesForDebtSecuritiesMeasuredAtAmortizedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AllowanceForCreditLossesForOffBalanceSheetInstruments" xlink:label="td_AllowanceForCreditLossesForOffBalanceSheetInstruments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AllowanceForCreditLossesForOffBalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3438008_3_1">Allowance for credit losses for off balance sheet instruments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AllowanceForCreditLossesForOffBalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3438008_1_1">Allowance for credit losses for off balance sheet instruments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_AllowanceForCreditLossesForOffBalanceSheetInstruments_lbl" xml:lang="en-US" id="id_11322428_3438008_14_1">Less: Allowance for off-balance sheet instruments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AllowanceForCreditLossesForOffBalanceSheetInstruments" xlink:to="td_AllowanceForCreditLossesForOffBalanceSheetInstruments_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_11322428_3416806_1_1">Amendment Flag</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_11322428_3416806_2_1">Amendment Flag</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" id="id_11322428_3417258_1_1">Amortisation, intangible assets other than goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" id="id_11322428_3417258_2_1">Amortization of other intangibles</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:label="ifrs-full_AnalysisOfIncomeAndExpenseAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AnalysisOfIncomeAndExpenseAbstract_lbl" xml:lang="en-US" id="id_11322428_3416823_1_1">Analysis of income and expense [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AnalysisOfIncomeAndExpenseAbstract_lbl" xml:lang="en-US" id="id_11322428_3416823_2_1">Analysis of income and expense [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:to="ifrs-full_AnalysisOfIncomeAndExpenseAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1" xlink:label="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1_lbl" xml:lang="en-US" id="id_11322428_3468529_3_1">Antidilutive securities excluded from computation of earnings per share amount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1_lbl" xml:lang="en-US" id="id_11322428_3468529_1_1">Antidilutive securities excluded from computation of earnings per share amount1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1_lbl" xml:lang="en-US" id="id_11322428_3468529_2_1">Average outstanding options excluded from calculation of diluted earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1" xlink:to="td_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AssetbackedFinancingsMember" xlink:label="ifrs-full_AssetbackedFinancingsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetbackedFinancingsMember_lbl" xml:lang="en-US" id="id_11322428_3416619_1_1">Asset-backed financings [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AssetbackedFinancingsMember_lbl" xml:lang="en-US" id="id_11322428_3416619_2_1">Asset-backed financings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetbackedFinancingsMember" xlink:to="ifrs-full_AssetbackedFinancingsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AssetBackedSecuritiesMember" xlink:label="td_AssetBackedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AssetBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3532595_3_1">Asset backed securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AssetBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3532595_1_1">Asset backed securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AssetBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3532595_2_1">Asset-backed securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AssetBackedSecuritiesMember" xlink:to="td_AssetBackedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US" id="id_11322428_3417056_1_1">Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US" id="id_11322428_3417056_2_1">Total assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US" id="id_11322428_3417056_6_1">Total assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="ifrs-full_AssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3417273_1_1">Assets [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3417273_2_1">ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AssetsBackedSecurityMember" xlink:label="td_AssetsBackedSecurityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AssetsBackedSecurityMember_lbl" xml:lang="en-US" id="id_11322428_3537501_3_1">Assets backed security.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AssetsBackedSecurityMember_lbl" xml:lang="en-US" id="id_11322428_3537501_1_1">Assets backed security [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AssetsBackedSecurityMember_lbl" xml:lang="en-US" id="id_11322428_3537501_2_1">Assets backed security [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AssetsBackedSecurityMember" xlink:to="td_AssetsBackedSecurityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AtFairValueMember" xlink:label="ifrs-full_AtFairValueMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AtFairValueMember_lbl" xml:lang="en-US" id="id_11322428_3417065_1_1">At fair value [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AtFairValueMember_lbl" xml:lang="en-US" id="id_11322428_3417065_2_1">At fair value [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_AverageRiskMember" xlink:label="td_AverageRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_AverageRiskMember_lbl" xml:lang="en-US" id="id_11322428_3494658_3_1">Average risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_AverageRiskMember_lbl" xml:lang="en-US" id="id_11322428_3494658_1_1">Average risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_AverageRiskMember_lbl" xml:lang="en-US" id="id_11322428_3494658_2_1">Average risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_AverageRiskMember" xlink:to="td_AverageRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BankAcceptanceAssets" xlink:label="ifrs-full_BankAcceptanceAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BankAcceptanceAssets_lbl" xml:lang="en-US" id="id_11322428_3417077_1_1">Bank acceptance assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BankAcceptanceAssets_lbl" xml:lang="en-US" id="id_11322428_3417077_2_1">Customers' liability under acceptances</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BankAcceptanceAssets" xlink:to="ifrs-full_BankAcceptanceAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BankAcceptanceLiabilities" xlink:label="ifrs-full_BankAcceptanceLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BankAcceptanceLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417293_1_1">Bank acceptance liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BankAcceptanceLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417293_2_1">Acceptances</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BankAcceptanceLiabilities" xlink:to="ifrs-full_BankAcceptanceLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BankDepositsMember" xlink:label="td_BankDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BankDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3507558_3_1">Bank deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BankDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3507558_1_1">Bank Deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BankDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3507558_2_1">Bank Deposits [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BankDepositsMember" xlink:to="td_BankDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BankOwnedLiquidAssets" xlink:label="td_BankOwnedLiquidAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BankOwnedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438604_3_1">Bank owned liquid assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BankOwnedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438604_1_1">Bank owned liquid assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BankOwnedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438604_2_1">Bank-owned liquid assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BankOwnedLiquidAssets" xlink:to="td_BankOwnedLiquidAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BaselIIIMember" xlink:label="td_BaselIIIMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BaselIIIMember_lbl" xml:lang="en-US" id="id_11322428_3501249_3_1">Basel III.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BaselIIIMember_lbl" xml:lang="en-US" id="id_11322428_3501249_1_1">Basel III [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BaselIIIMember_lbl" xml:lang="en-US" id="id_11322428_3501249_2_1">Basel III [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BaselIIIMember" xlink:to="td_BaselIIIMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US" id="id_11322428_3416665_1_1">Basic earnings (loss) per share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US" id="id_11322428_3416665_32_1">Earnings per share - basic (Canadian dollars)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US" id="id_11322428_3416665_2_1">Basic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US" id="id_11322428_3416665_12_1">Basic earnings per share (Canadian dollars)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsPerShareAbstract" xlink:label="ifrs-full_BasicEarningsPerShareAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsPerShareAbstract_lbl" xml:lang="en-US" id="id_11322428_3416865_1_1">Basic earnings per share [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BasicEarningsPerShareAbstract_lbl" xml:lang="en-US" id="id_11322428_3416865_2_1">Basic earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsPerShareAbstract" xlink:to="ifrs-full_BasicEarningsPerShareAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BondholdersMember" xlink:label="td_BondholdersMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BondholdersMember_lbl" xml:lang="en-US" id="id_11322428_3510765_3_1">Bondholders.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BondholdersMember_lbl" xml:lang="en-US" id="id_11322428_3510765_1_1">Bondholders [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BondholdersMember_lbl" xml:lang="en-US" id="id_11322428_3510765_2_1">Covered Bondholders [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BondholdersMember" xlink:to="td_BondholdersMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US" id="id_11322428_3416700_1_1">Bottom of range [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US" id="id_11322428_3416700_2_1">Bottom of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BrokerageFeeExpense" xlink:label="ifrs-full_BrokerageFeeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BrokerageFeeExpense_lbl" xml:lang="en-US" id="id_11322428_3416704_1_1">Brokerage fee expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BrokerageFeeExpense_lbl" xml:lang="en-US" id="id_11322428_3416704_2_1">Brokerage-related and sub-advisory fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrokerageFeeExpense" xlink:to="ifrs-full_BrokerageFeeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BusinessAndGovernmentAndResidentialMortgageMember" xlink:label="td_BusinessAndGovernmentAndResidentialMortgageMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BusinessAndGovernmentAndResidentialMortgageMember_lbl" xml:lang="en-US" id="id_11322428_3496109_3_1">Business and government and Residential Mortgage [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BusinessAndGovernmentAndResidentialMortgageMember_lbl" xml:lang="en-US" id="id_11322428_3496109_1_1">Business and government and Residential Mortgage [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BusinessAndGovernmentAndResidentialMortgageMember_lbl" xml:lang="en-US" id="id_11322428_3496109_2_1">Business and government and Residential Mortgage [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BusinessAndGovernmentAndResidentialMortgageMember" xlink:to="td_BusinessAndGovernmentAndResidentialMortgageMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BusinessAndGovernmentDepositsMember" xlink:label="td_BusinessAndGovernmentDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BusinessAndGovernmentDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479036_3_1">Business and government deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BusinessAndGovernmentDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479036_1_1">Business And Government Deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BusinessAndGovernmentDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479036_2_1">Business and government [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BusinessAndGovernmentDepositsMember" xlink:to="td_BusinessAndGovernmentDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BusinessAndGovernmentMember" xlink:label="td_BusinessAndGovernmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BusinessAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3485868_3_1">Business and government.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BusinessAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3485868_1_1">Business and government [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BusinessAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3485868_2_1">Business and government [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BusinessAndGovernmentMember" xlink:to="td_BusinessAndGovernmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="ifrs-full_BusinessCombinationsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl" xml:lang="en-US" id="id_11322428_3417116_1_1">Business combinations [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl" xml:lang="en-US" id="id_11322428_3417116_2_1">Business combinations [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsAxis" xlink:to="ifrs-full_BusinessCombinationsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_BusinessesAndGovernmentMember" xlink:label="td_BusinessesAndGovernmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_BusinessesAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3486239_3_1">Businesses and government.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_BusinessesAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3486239_1_1">Businesses and government [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_BusinessesAndGovernmentMember_lbl" xml:lang="en-US" id="id_11322428_3486239_2_1">Businesses and government [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_BusinessesAndGovernmentMember" xlink:to="td_BusinessesAndGovernmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_CA" xlink:label="country_CA"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_CA_lbl" xml:lang="en-US" id="id_11322428_3416717_1_1">CANADA</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_CA_lbl" xml:lang="en-US" id="id_11322428_3416717_2_1">Canada [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CA" xlink:to="country_CA_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_CAD" xlink:label="currency_CAD"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_CAD_lbl" xml:lang="en-US" id="id_11322428_3417343_1_1">Canada, Dollars</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_CAD_lbl" xml:lang="en-US" id="id_11322428_3417343_2_1">Canadian Dollar [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CAD" xlink:to="currency_CAD_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadaRevenueAgencyReassessmentMember" xlink:label="td_CanadaRevenueAgencyReassessmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadaRevenueAgencyReassessmentMember_lbl" xml:lang="en-US" id="id_11322428_3512320_3_1">Canada Revenue Agency Reassessment [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadaRevenueAgencyReassessmentMember_lbl" xml:lang="en-US" id="id_11322428_3512320_1_1">Canada Revenue Agency Reassessment [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadaRevenueAgencyReassessmentMember_lbl" xml:lang="en-US" id="id_11322428_3512320_2_1">Canada Revenue Agency Reassessment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadaRevenueAgencyReassessmentMember" xlink:to="td_CanadaRevenueAgencyReassessmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianGovernmentFederalDebtMember" xlink:label="td_CanadianGovernmentFederalDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianGovernmentFederalDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477334_3_1">Canadian government federal debt.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianGovernmentFederalDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477334_1_1">Canadian government federal debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianGovernmentFederalDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477334_2_1">Canadian Government Federal Debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianGovernmentFederalDebtMember" xlink:to="td_CanadianGovernmentFederalDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianGovernmentInsuredMember" xlink:label="td_CanadianGovernmentInsuredMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianGovernmentInsuredMember_lbl" xml:lang="en-US" id="id_11322428_3512285_3_1">Canadian Government Insured [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianGovernmentInsuredMember_lbl" xml:lang="en-US" id="id_11322428_3512285_1_1">Canadian Government Insured [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianGovernmentInsuredMember_lbl" xml:lang="en-US" id="id_11322428_3512285_2_1">Canadian Government Insured [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianGovernmentInsuredMember" xlink:to="td_CanadianGovernmentInsuredMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianGovernmentObligationsMember" xlink:label="td_CanadianGovernmentObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494772_3_1">Canadian government obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494772_1_1">Canadian government obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494772_2_1">Canadian government obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianGovernmentObligationsMember" xlink:to="td_CanadianGovernmentObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianGovernmentProvincialDebtMember" xlink:label="td_CanadianGovernmentProvincialDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianGovernmentProvincialDebtMember_lbl" xml:lang="en-US" id="id_11322428_3495981_3_1">Canadian government provincial debt.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianGovernmentProvincialDebtMember_lbl" xml:lang="en-US" id="id_11322428_3495981_1_1">Canadian Government Provincial Debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianGovernmentProvincialDebtMember_lbl" xml:lang="en-US" id="id_11322428_3495981_2_1">Canadian government provincial debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianGovernmentProvincialDebtMember" xlink:to="td_CanadianGovernmentProvincialDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianIssuersMember" xlink:label="td_CanadianIssuersMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3510873_3_1">Canadian issuers [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3510873_1_1">Canadian issuers [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3510873_2_1">Canadian issuers [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianIssuersMember" xlink:to="td_CanadianIssuersMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CanadianRetailMember" xlink:label="td_CanadianRetailMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CanadianRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510932_3_1">Canadian retail.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CanadianRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510932_1_1">Canadian retail [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CanadianRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510932_2_1">Canadian Retail [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CanadianRetailMember" xlink:to="td_CanadianRetailMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Capital1Abstract" xlink:label="td_Capital1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Capital1Abstract_lbl" xml:lang="en-US" id="id_11322428_3427420_3_1">Capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Capital1Abstract_lbl" xml:lang="en-US" id="id_11322428_3427420_1_1">Capital 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Capital1Abstract_lbl" xml:lang="en-US" id="id_11322428_3427420_2_1">Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Capital1Abstract" xlink:to="td_Capital1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CapitalCommitments" xlink:label="ifrs-full_CapitalCommitments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalCommitments_lbl" xml:lang="en-US" id="id_11322428_3417345_1_1">Capital commitments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CapitalCommitments_lbl" xml:lang="en-US" id="id_11322428_3417345_2_1">Total off-balance sheet commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalCommitments" xlink:to="ifrs-full_CapitalCommitments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CapitalLeaseCommitments" xlink:label="td_CapitalLeaseCommitments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CapitalLeaseCommitments_lbl" xml:lang="en-US" id="id_11322428_3440910_3_1">Capital lease commitments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CapitalLeaseCommitments_lbl" xml:lang="en-US" id="id_11322428_3440910_1_1">Capital Lease Commitments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CapitalLeaseCommitments_lbl" xml:lang="en-US" id="id_11322428_3440910_2_1">Capital lease commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CapitalLeaseCommitments" xlink:to="td_CapitalLeaseCommitments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CapitalRatiosAndLeverageRatiosAbstract" xlink:label="td_CapitalRatiosAndLeverageRatiosAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CapitalRatiosAndLeverageRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427417_3_1">Capital ratios and leverage ratios.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CapitalRatiosAndLeverageRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427417_1_1">Capital ratios and leverage ratios [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CapitalRatiosAndLeverageRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427417_2_1">Capital and leverage ratios</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CapitalRatiosAndLeverageRatiosAbstract" xlink:to="td_CapitalRatiosAndLeverageRatiosAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CapitalRequirementsAxis" xlink:label="ifrs-full_CapitalRequirementsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalRequirementsAxis_lbl" xml:lang="en-US" id="id_11322428_3416902_1_1">Capital requirements [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CapitalRequirementsAxis_lbl" xml:lang="en-US" id="id_11322428_3416902_2_1">Capital requirements [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalRequirementsAxis" xlink:to="ifrs-full_CapitalRequirementsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CapitalRequirementsMember" xlink:label="ifrs-full_CapitalRequirementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalRequirementsMember_lbl" xml:lang="en-US" id="id_11322428_3417130_1_1">Capital requirements [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CapitalRequirementsMember_lbl" xml:lang="en-US" id="id_11322428_3417130_2_1">Capital requirements [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalRequirementsMember" xlink:to="ifrs-full_CapitalRequirementsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CarryingValueMember" xlink:label="td_CarryingValueMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CarryingValueMember_lbl" xml:lang="en-US" id="id_11322428_3478979_3_1">Carrying value [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CarryingValueMember_lbl" xml:lang="en-US" id="id_11322428_3478979_1_1">Carrying value [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CarryingValueMember_lbl" xml:lang="en-US" id="id_11322428_3478979_2_1">Carrying value [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CarryingValueMember" xlink:to="td_CarryingValueMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3416724_1_1">Cash and cash equivalents</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3416724_4_1">Cash and due from banks at end of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3416724_5_1">Cash and due from banks at beginning of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3416724_2_1">Cash and due from banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CashAndDueFromBanksMember" xlink:label="td_CashAndDueFromBanksMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CashAndDueFromBanksMember_lbl" xml:lang="en-US" id="id_11322428_3510928_3_1">Cash and due from banks.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CashAndDueFromBanksMember_lbl" xml:lang="en-US" id="id_11322428_3510928_1_1">Cash and due from banks [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CashAndDueFromBanksMember_lbl" xml:lang="en-US" id="id_11322428_3510928_2_1">Cash and due from banks [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CashAndDueFromBanksMember" xlink:to="td_CashAndDueFromBanksMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CashAndInterestBearingDepositsWithBanks" xlink:label="td_CashAndInterestBearingDepositsWithBanks"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CashAndInterestBearingDepositsWithBanks_lbl" xml:lang="en-US" id="id_11322428_3461355_3_1">Cash and interest bearing deposits with banks.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CashAndInterestBearingDepositsWithBanks_lbl" xml:lang="en-US" id="id_11322428_3461355_1_1">Cash and interest bearing deposits with banks</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_CashAndInterestBearingDepositsWithBanks_lbl" xml:lang="en-US" id="id_11322428_3461355_6_1">Cash and interest bearing deposits with banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CashAndInterestBearingDepositsWithBanks" xlink:to="td_CashAndInterestBearingDepositsWithBanks_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowHedgesAbstract" xlink:label="ifrs-full_CashFlowHedgesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowHedgesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416729_1_1">Cash flow hedges [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowHedgesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416729_2_1">Net change in gains (losses) on derivatives designated as cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowHedgesAbstract" xlink:to="ifrs-full_CashFlowHedgesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates" xlink:label="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates_lbl" xml:lang="en-US" id="id_11322428_3462096_3_1">Cash flows from divestitures and acquisitions of subsidiaries or equity accounted associates.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates_lbl" xml:lang="en-US" id="id_11322428_3462096_1_1">Cash flows from divestitures and acquisitions of subsidiaries or equity accounted associates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates_lbl" xml:lang="en-US" id="id_11322428_3462096_14_1">Net cash acquired from (paid for) divestitures and acquisitions (Note 8)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates" xlink:to="td_CashFlowsFromDivestituresAndAcquisitionsOfSubsidiariesOrEquityAccountedAssociates_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CashFlowsFromOperatingActivitiesIncludeAbstract" xlink:label="td_CashFlowsFromOperatingActivitiesIncludeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CashFlowsFromOperatingActivitiesIncludeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431014_3_1">Cash flows from operating activities include.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CashFlowsFromOperatingActivitiesIncludeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431014_1_1">Cash flows from operating activities include [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CashFlowsFromOperatingActivitiesIncludeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431014_2_1">Supplementary disclosure of cash flows from operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CashFlowsFromOperatingActivitiesIncludeAbstract" xlink:to="td_CashFlowsFromOperatingActivitiesIncludeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments" xlink:label="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments_lbl" xml:lang="en-US" id="id_11322428_3417360_1_1">Cash flows from (used in) decrease (increase) in short-term deposits and investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments_lbl" xml:lang="en-US" id="id_11322428_3417360_2_1">Interest-bearing deposits with banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments" xlink:to="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_11322428_3416913_1_1">Cash flows from (used in) financing activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_11322428_3416913_6_1">Net cash from (used in) financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416914_1_1">Cash flows from (used in) financing activities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416914_2_1">Cash flows from (used in) financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_11322428_3416731_1_1">Cash flows from (used in) investing activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_11322428_3416731_6_1">Net cash from (used in) investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416732_1_1">Cash flows from (used in) investing activities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3416732_2_1">Cash flows from (used in) investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3416918_1_1">Cash flows from (used in) operating activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3416918_6_1">Net cash from (used in) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3417363_1_1">Cash flows from (used in) operating activities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3417363_2_1">Cash flows from (used in) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashTransferred" xlink:label="ifrs-full_CashTransferred"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashTransferred_lbl" xml:lang="en-US" id="id_11322428_3417146_1_1">Cash transferred</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashTransferred_lbl" xml:lang="en-US" id="id_11322428_3417146_2_1">Purchase consideration paid in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CashTransferredPendingCompletionOfTransaction" xlink:label="td_CashTransferredPendingCompletionOfTransaction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CashTransferredPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437908_3_1">Cash transferred pending completion of transaction.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CashTransferredPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437908_1_1">Cash transferred pending completion of transaction</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CashTransferredPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437908_2_1">Cash transferred, pending completion of transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CashTransferredPendingCompletionOfTransaction" xlink:to="td_CashTransferredPendingCompletionOfTransaction_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3416739_1_1">Categories of financial assets [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3416739_2_1">Categories of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3417147_1_1">Categories of financial liabilities [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3417147_2_1">Categories of financial liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US" id="id_11322428_3416740_1_1">Categories of related parties [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US" id="id_11322428_3416740_2_1">Categories of related parties [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3462082_3_1">Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3462082_1_1">Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3462082_2_1">Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_ChangeInNetUnrealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ChangesInModelInAllowanceAccountForCreditLosses" xlink:label="td_ChangesInModelInAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ChangesInModelInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567033_3_1">Represents the change in the allowance related to changes in credit risk including changes to macroeconomic factors, level of risk, associated parameters, and models.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ChangesInModelInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567033_1_1">Changes In Model In Allowance Account For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ChangesInModelInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567033_2_1">Changes to risk, parameters, and models</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ChangesInModelInAllowanceAccountForCreditLosses" xlink:to="td_ChangesInModelInAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ChangesInOperatingAssetsAndLiabilitiesAbstract" xlink:label="td_ChangesInOperatingAssetsAndLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430988_3_1">Changes in operating assets and liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430988_1_1">Changes in Operating Assets and Liabilities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430988_2_1">Changes in operating assets and liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ChangesInOperatingAssetsAndLiabilitiesAbstract" xlink:to="td_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ChequesAndOtherItemsInTransit" xlink:label="td_ChequesAndOtherItemsInTransit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ChequesAndOtherItemsInTransit_lbl" xml:lang="en-US" id="id_11322428_3438064_3_1">Cheques and other items in transit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ChequesAndOtherItemsInTransit_lbl" xml:lang="en-US" id="id_11322428_3438064_1_1">Cheques and other items in transit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ChequesAndOtherItemsInTransit_lbl" xml:lang="en-US" id="id_11322428_3438064_2_1">Cheques and other items in transit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ChequesAndOtherItemsInTransit" xlink:to="td_ChequesAndOtherItemsInTransit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3417430_1_1">Classes of assets [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3417430_2_1">Classes of assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="ifrs-full_ClassesOfAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3417431_1_1">Assets [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3417431_2_1">Assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsMember" xlink:to="ifrs-full_ClassesOfAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3417434_1_1">Classes of financial assets [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3417434_2_1">Classes of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US" id="id_11322428_3416962_1_1">Classes of financial instruments [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US" id="id_11322428_3416962_2_1">Classes of financial instruments [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl" xml:lang="en-US" id="id_11322428_3417393_1_1">Financial instruments, class [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl" xml:lang="en-US" id="id_11322428_3417393_2_1">Financial instruments, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3417179_1_1">Classes of financial liabilities [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3417179_2_1">Classes of financial liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3416963_1_1">Classes of liabilities [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3416963_2_1">Classes of liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ifrs-full_ClassesOfProvisionsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US" id="id_11322428_3417396_1_1">Classes of other provisions [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US" id="id_11322428_3417396_2_1">Classes of other provisions [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ifrs-full_ClassesOfShareCapitalAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US" id="id_11322428_3417439_1_1">Classes of share capital [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US" id="id_11322428_3417439_2_1">Classes of share capital [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="ifrs-full_ClassesOfShareCapitalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalMember_lbl" xml:lang="en-US" id="id_11322428_3417180_1_1">Share capital [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ClassesOfShareCapitalMember_lbl" xml:lang="en-US" id="id_11322428_3417180_2_1">Share capital [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalMember" xlink:to="ifrs-full_ClassesOfShareCapitalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ClosingSharePrice" xlink:label="td_ClosingSharePrice"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ClosingSharePrice_lbl" xml:lang="en-US" id="id_11322428_3531090_3_1">Closing share price.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ClosingSharePrice_lbl" xml:lang="en-US" id="id_11322428_3531090_1_1">Closing share price</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ClosingSharePrice_lbl" xml:lang="en-US" id="id_11322428_3531090_2_1">Closing price of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ClosingSharePrice" xlink:to="td_ClosingSharePrice_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommitmentsToExtendCredit" xlink:label="td_CommitmentsToExtendCredit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommitmentsToExtendCredit_lbl" xml:lang="en-US" id="id_11322428_3452614_3_1">Commitments to extend credit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommitmentsToExtendCredit_lbl" xml:lang="en-US" id="id_11322428_3452614_1_1">Commitments to extend credit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommitmentsToExtendCredit_lbl" xml:lang="en-US" id="id_11322428_3452614_2_1">Commitments to extend credit to private equity investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommitmentsToExtendCredit" xlink:to="td_CommitmentsToExtendCredit_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommoditiesMember" xlink:label="td_CommoditiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommoditiesMember_lbl" xml:lang="en-US" id="id_11322428_3509397_3_1">Commodities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommoditiesMember_lbl" xml:lang="en-US" id="id_11322428_3509397_1_1">Commodities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommoditiesMember_lbl" xml:lang="en-US" id="id_11322428_3509397_2_1">Commodities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommoditiesMember" xlink:to="td_CommoditiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommodityContractsMember" xlink:label="td_CommodityContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommodityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477300_3_1">Commodity contracts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommodityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477300_1_1">Commodity Contracts [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommodityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477300_2_1">Commodity contracts [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommodityContractsMember" xlink:to="td_CommodityContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CommodityPriceRiskMember" xlink:label="ifrs-full_CommodityPriceRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CommodityPriceRiskMember_lbl" xml:lang="en-US" id="id_11322428_3418059_1_1">Commodity price risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CommodityPriceRiskMember_lbl" xml:lang="en-US" id="id_11322428_3418059_2_1">Commodity price risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CommodityPriceRiskMember" xlink:to="ifrs-full_CommodityPriceRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommonEquityCapitalSurchargePercentage" xlink:label="td_CommonEquityCapitalSurchargePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommonEquityCapitalSurchargePercentage_lbl" xml:lang="en-US" id="id_11322428_3528098_3_1">Common equity capital surcharge percentage.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommonEquityCapitalSurchargePercentage_lbl" xml:lang="en-US" id="id_11322428_3528098_1_1">Common equity capital surcharge percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommonEquityCapitalSurchargePercentage_lbl" xml:lang="en-US" id="id_11322428_3528098_2_1">Common equity capital surcharge</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommonEquityCapitalSurchargePercentage" xlink:to="td_CommonEquityCapitalSurchargePercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommonEquityTier1CapitalRatio1" xlink:label="td_CommonEquityTier1CapitalRatio1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommonEquityTier1CapitalRatio1_lbl" xml:lang="en-US" id="id_11322428_3527898_3_1">Common equity tier 1 capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommonEquityTier1CapitalRatio1_lbl" xml:lang="en-US" id="id_11322428_3527898_1_1">Common equity tier 1 capital ratio1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommonEquityTier1CapitalRatio1_lbl" xml:lang="en-US" id="id_11322428_3527898_2_1">Common Equity Tier 1 Capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommonEquityTier1CapitalRatio1" xlink:to="td_CommonEquityTier1CapitalRatio1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommonEquityTierOneCapitalAmount" xlink:label="td_CommonEquityTierOneCapitalAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommonEquityTierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439915_3_1">Common equity tier one capital amount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommonEquityTierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439915_1_1">Common equity tier one capital amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommonEquityTierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439915_2_1">Common Equity Tier 1 Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommonEquityTierOneCapitalAmount" xlink:to="td_CommonEquityTierOneCapitalAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CommonSharesMember" xlink:label="td_CommonSharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CommonSharesMember_lbl" xml:lang="en-US" id="id_11322428_3479267_3_1">Common shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CommonSharesMember_lbl" xml:lang="en-US" id="id_11322428_3479267_1_1">Common shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CommonSharesMember_lbl" xml:lang="en-US" id="id_11322428_3479267_2_1">Common shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CommonSharesMember" xlink:to="td_CommonSharesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ifrs-full_ComponentsOfEquityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US" id="id_11322428_3417632_1_1">Components of equity [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US" id="id_11322428_3417632_2_1">Components of equity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US" id="id_11322428_3417845_1_1">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US" id="id_11322428_3417845_2_1">Items that will be subsequently reclassified to net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US" id="id_11322428_3417846_1_1">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US" id="id_11322428_3417846_2_1">Items that will not be subsequently reclassified to net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417449_1_1">Comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417449_6_1">Total comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xml:lang="en-US" id="id_11322428_3417451_1_1">Comprehensive income attributable to [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xml:lang="en-US" id="id_11322428_3417451_2_1">Attributable to:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3417452_1_1">Comprehensive income, attributable to non-controlling interests</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3417452_2_1">Non-controlling interests in subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3417847_1_1">Comprehensive income, attributable to owners of parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3417847_2_1">Attributable to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ConsumerInstallmentAndOtherPersonalMember" xlink:label="td_ConsumerInstallmentAndOtherPersonalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ConsumerInstallmentAndOtherPersonalMember_lbl" xml:lang="en-US" id="id_11322428_3510825_3_1">Consumer installment and other personal.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ConsumerInstallmentAndOtherPersonalMember_lbl" xml:lang="en-US" id="id_11322428_3510825_1_1">Consumer installment and other personal [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ConsumerInstallmentAndOtherPersonalMember_lbl" xml:lang="en-US" id="id_11322428_3510825_2_1">Consumer instalment and other personal [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ConsumerInstallmentAndOtherPersonalMember" xlink:to="td_ConsumerInstallmentAndOtherPersonalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ConsumerLoans" xlink:label="ifrs-full_ConsumerLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ConsumerLoans_lbl" xml:lang="en-US" id="id_11322428_3417648_1_1">Loans to consumers</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ConsumerLoans_lbl" xml:lang="en-US" id="id_11322428_3417648_2_1">Consumer instalment and other personal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConsumerLoans" xlink:to="ifrs-full_ConsumerLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3418086_1_1">Contributions to plan by employer, net defined benefit liability (asset)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3418086_2_1">Contributions to plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Corporate1Member" xlink:label="td_Corporate1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Corporate1Member_lbl" xml:lang="en-US" id="id_11322428_3510880_3_1">Corporate1.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Corporate1Member_lbl" xml:lang="en-US" id="id_11322428_3510880_1_1">Corporate1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Corporate1Member_lbl" xml:lang="en-US" id="id_11322428_3510880_2_1">Corporate [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Corporate1Member" xlink:to="td_Corporate1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CorporateAndOtherDebtMember" xlink:label="td_CorporateAndOtherDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CorporateAndOtherDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477330_3_1">Corporate and other debt.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CorporateAndOtherDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477330_1_1">Corporate and Other Debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CorporateAndOtherDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477330_2_1">Corporate and other debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CorporateAndOtherDebtMember" xlink:to="td_CorporateAndOtherDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CorporateIssuerObligationsMember" xlink:label="td_CorporateIssuerObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CorporateIssuerObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494775_3_1">Corporate issuer obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CorporateIssuerObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494775_1_1">Corporate issuer obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CorporateIssuerObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494775_2_1">Corporate issuer obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CorporateIssuerObligationsMember" xlink:to="td_CorporateIssuerObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CoveredBonds" xlink:label="td_CoveredBonds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CoveredBonds_lbl" xml:lang="en-US" id="id_11322428_3454247_3_1">Covered bonds.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CoveredBonds_lbl" xml:lang="en-US" id="id_11322428_3454247_1_1">Covered bonds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CoveredBonds_lbl" xml:lang="en-US" id="id_11322428_3454247_2_1">Covered bonds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CoveredBonds" xlink:to="td_CoveredBonds_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditAndLiquidityCommitmentsMember" xlink:label="td_CreditAndLiquidityCommitmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494796_3_1">Credit and liquidity commitments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494796_1_1">Credit and liquidity commitments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494796_2_1">Credit and liquidity commitments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditAndLiquidityCommitmentsMember" xlink:to="td_CreditAndLiquidityCommitmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditCardFeeIncome" xlink:label="td_CreditCardFeeIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditCardFeeIncome_lbl" xml:lang="en-US" id="id_11322428_3438327_3_1">Income on credit card fees.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditCardFeeIncome_lbl" xml:lang="en-US" id="id_11322428_3438327_1_1">Credit card fee income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditCardFeeIncome_lbl" xml:lang="en-US" id="id_11322428_3438327_2_1">Card services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditCardFeeIncome" xlink:to="td_CreditCardFeeIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditCardLoans" xlink:label="td_CreditCardLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditCardLoans_lbl" xml:lang="en-US" id="id_11322428_3434783_3_1">Credit card loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditCardLoans_lbl" xml:lang="en-US" id="id_11322428_3434783_1_1">Credit card loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditCardLoans_lbl" xml:lang="en-US" id="id_11322428_3434783_2_1">Credit card</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditCardLoans" xlink:to="td_CreditCardLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditCardMember" xlink:label="td_CreditCardMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditCardMember_lbl" xml:lang="en-US" id="id_11322428_3484415_3_1">Credit card.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditCardMember_lbl" xml:lang="en-US" id="id_11322428_3484415_1_1">Credit Card [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditCardMember_lbl" xml:lang="en-US" id="id_11322428_3484415_2_1">Credit card [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditCardMember" xlink:to="td_CreditCardMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditDerivativesMember" xlink:label="td_CreditDerivativesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3479753_3_1">Credit derivatives.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3479753_1_1">Credit derivatives [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3479753_2_1">Credit Derivative Contracts [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditDerivativesMember" xlink:to="td_CreditDerivativesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_lbl" xml:lang="en-US" id="id_11322428_3417488_1_1">Credit impairment of financial instruments [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_lbl" xml:lang="en-US" id="id_11322428_3417488_2_1">Credit impairment of financial instruments [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:to="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CreditImpairmentOfFinancialInstrumentsMember" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsMember_lbl" xml:lang="en-US" id="id_11322428_3417673_1_1">Credit impairment of financial instruments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsMember_lbl" xml:lang="en-US" id="id_11322428_3417673_2_1">Credit impairment of financial instruments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditImpairmentOfFinancialInstrumentsMember" xlink:to="ifrs-full_CreditImpairmentOfFinancialInstrumentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CreditrelatedFeeAndCommissionIncome" xlink:label="ifrs-full_CreditrelatedFeeAndCommissionIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditrelatedFeeAndCommissionIncome_lbl" xml:lang="en-US" id="id_11322428_3417676_1_1">Credit-related fee and commission income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CreditrelatedFeeAndCommissionIncome_lbl" xml:lang="en-US" id="id_11322428_3417676_2_1">Credit fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditrelatedFeeAndCommissionIncome" xlink:to="ifrs-full_CreditrelatedFeeAndCommissionIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CreditRiskMember" xlink:label="ifrs-full_CreditRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditRiskMember_lbl" xml:lang="en-US" id="id_11322428_3418098_1_1">Credit risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CreditRiskMember_lbl" xml:lang="en-US" id="id_11322428_3418098_2_1">Credit risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditRiskMember" xlink:to="ifrs-full_CreditRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_CreditValuationAdjustmentCapitalChargeMember" xlink:label="td_CreditValuationAdjustmentCapitalChargeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_CreditValuationAdjustmentCapitalChargeMember_lbl" xml:lang="en-US" id="id_11322428_3495952_3_1">Credit valuation adjustment (CVA) capital charge.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_CreditValuationAdjustmentCapitalChargeMember_lbl" xml:lang="en-US" id="id_11322428_3495952_1_1">Credit Valuation Adjustment Capital Charge [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_CreditValuationAdjustmentCapitalChargeMember_lbl" xml:lang="en-US" id="id_11322428_3495952_2_1">Credit valuation adjustment (CVA) capital charge [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_CreditValuationAdjustmentCapitalChargeMember" xlink:to="td_CreditValuationAdjustmentCapitalChargeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417891_1_1">Cumulative gain (loss) on disposal of investments in equity instruments designated at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3417891_2_1">Gain loss on sale of equity securities measured at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_CumulativeGainLossOnDisposalOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_CurrencyAxis" xlink:label="srt_CurrencyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CurrencyAxis_lbl" xml:lang="en-US" id="id_11322428_3418104_1_1">Currency [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="srt_CurrencyAxis_lbl" xml:lang="en-US" id="id_11322428_3418104_2_1">Currency [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CurrencyAxis" xlink:to="srt_CurrencyAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="ifrs-full_CurrencyRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xml:lang="en-US" id="id_11322428_3417893_1_1">Currency risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xml:lang="en-US" id="id_11322428_3417893_2_1">Currency risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_11322428_3417510_1_1">Current Fiscal Year End Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_11322428_3417510_2_1">Current Fiscal Year End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentMember" xlink:label="ifrs-full_CurrentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US" id="id_11322428_3417515_1_1">Current [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US" id="id_11322428_3417515_2_1">1-30 days [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3417527_1_1">Current service cost, net defined benefit liability (asset)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3417527_2_1">Service cost - benefits earned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxAssets" xlink:label="ifrs-full_CurrentTaxAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxAssets_lbl" xml:lang="en-US" id="id_11322428_3417718_1_1">Current tax assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentTaxAssets_lbl" xml:lang="en-US" id="id_11322428_3417718_2_1">Current income tax receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxAssets" xlink:to="ifrs-full_CurrentTaxAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxLiabilities" xlink:label="ifrs-full_CurrentTaxLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417918_1_1">Current tax liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417918_2_1">Current income tax payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilities" xlink:to="ifrs-full_CurrentTaxLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3417723_1_1">Customer-related intangible assets recognised as of acquisition date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3417723_2_1">Purchase consideration allocated to customer relationship</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecurities1Member" xlink:label="td_DebtSecurities1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3496325_3_1">Debt securities1.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3496325_1_1">Debt securities1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3496325_2_1">Debt securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecurities1Member" xlink:to="td_DebtSecurities1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesAtAmortizedCostMember" xlink:label="td_DebtSecuritiesAtAmortizedCostMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesAtAmortizedCostMember_lbl" xml:lang="en-US" id="id_11322428_3546763_3_1">Debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesAtAmortizedCostMember_lbl" xml:lang="en-US" id="id_11322428_3546763_1_1">Debt securities at amortized cost [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesAtAmortizedCostMember_lbl" xml:lang="en-US" id="id_11322428_3546763_2_1">Debt securities at amortized cost [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesAtAmortizedCostMember" xlink:to="td_DebtSecuritiesAtAmortizedCostMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses" xlink:label="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448752_3_1">Debt securities at amortized cost net of allowance for credit losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448752_1_1">Debt securities at amortized cost net of allowance for credit losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448752_2_1">Debt securities at amortized cost, net of allowance for credit losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448752_12_1">Debt securities at amortized cost, net of allowance for credit losses (Notes 4, 5)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses" xlink:to="td_DebtSecuritiesAtAmortizedCostNetOfAllowanceForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496314_3_1">Debt securities at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496314_1_1">Debt securities at fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496314_2_1">Net unrealized gain (loss) on debt securities at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="td_DebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesFVOCIMember" xlink:label="td_DebtSecuritiesFVOCIMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesFVOCIMember_lbl" xml:lang="en-US" id="id_11322428_3546762_3_1">Debt securities FVOCI.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesFVOCIMember_lbl" xml:lang="en-US" id="id_11322428_3546762_1_1">Debt securities FVOCI [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesFVOCIMember_lbl" xml:lang="en-US" id="id_11322428_3546762_2_1">Debt securities FVOCI [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesFVOCIMember" xlink:to="td_DebtSecuritiesFVOCIMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesHeld" xlink:label="td_DebtSecuritiesHeld"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11322428_3531293_3_1">Includes debt securities at amortized cost and debt securities at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11322428_3531293_1_1">:Debt Securities Held</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11322428_3531293_2_1">Debt securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesHeld" xlink:to="td_DebtSecuritiesHeld_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses" xlink:label="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3462081_3_1">Debt securities at amortized cost and debt securities at fair value through other comprehensive income net of allowance for credit losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3462081_1_1">Debt Securities Held Net Of Allowance For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3462081_2_1">Debt securities, net of allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses" xlink:to="td_DebtSecuritiesHeldNetOfAllowanceForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DebtSecuritiesMember" xlink:label="ifrs-full_DebtSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DebtSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3417742_1_1">Debt securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DebtSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3417742_2_1">Debt securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtSecuritiesMember" xlink:to="ifrs-full_DebtSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DefaultMember" xlink:label="td_DefaultMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DefaultMember_lbl" xml:lang="en-US" id="id_11322428_3485876_3_1">Default.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DefaultMember_lbl" xml:lang="en-US" id="id_11322428_3485876_1_1">Default [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DefaultMember_lbl" xml:lang="en-US" id="id_11322428_3485876_2_1">Default [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DefaultMember" xlink:to="td_DefaultMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow" xlink:label="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow_lbl" xml:lang="en-US" id="id_11322428_3462708_3_1">Deferred purchase consideration in TD common shares issued to employee shareholders will be held in escrow for two years post-acquisition date, subject to continued employment, and will be recorded as compensation expense over the two year escrow period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow_lbl" xml:lang="en-US" id="id_11322428_3462708_1_1">Deferred purchase consideration in common shares held in escrow</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow_lbl" xml:lang="en-US" id="id_11322428_3462708_2_1">Deferred purchase consideration in common shares held in escrow</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow" xlink:to="td_DeferredPurchaseConsiderationInCommonSharesHeldInEscrow_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US" id="id_11322428_3417555_1_1">Deferred tax assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US" id="id_11322428_3417555_2_1">Deferred tax assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US" id="id_11322428_3417555_12_1">Deferred tax assets (Note 16)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="ifrs-full_DeferredTaxLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417558_1_1">Deferred tax liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US" id="id_11322428_3417558_2_1">Deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3418160_1_1">Deferred tax liabilities recognised as of acquisition date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3418160_2_1">Deferred tax liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="ifrs-full_DefinedBenefitPlansAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl" xml:lang="en-US" id="id_11322428_3417563_1_1">Defined benefit plans [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl" xml:lang="en-US" id="id_11322428_3417563_2_1">Defined benefit plans [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="ifrs-full_DefinedBenefitPlansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansMember_lbl" xml:lang="en-US" id="id_11322428_3417940_1_1">Defined benefit plans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DefinedBenefitPlansMember_lbl" xml:lang="en-US" id="id_11322428_3417940_2_1">Defined benefit plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansMember" xlink:to="ifrs-full_DefinedBenefitPlansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DemandDeposits" xlink:label="td_DemandDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DemandDeposits_lbl" xml:lang="en-US" id="id_11322428_3433380_3_1">Includes Demand Deposits from Personal, Bank, Business and Government, and Trading Deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DemandDeposits_lbl" xml:lang="en-US" id="id_11322428_3433380_1_1">Demand Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DemandDeposits_lbl" xml:lang="en-US" id="id_11322428_3433380_2_1">Demand</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DemandDeposits" xlink:to="td_DemandDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Deposits1" xlink:label="td_Deposits1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Deposits1_lbl" xml:lang="en-US" id="id_11322428_3444568_3_1">Total deposits, other than Trading deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Deposits1_lbl" xml:lang="en-US" id="id_11322428_3444568_1_1">Deposits1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Deposits1_lbl" xml:lang="en-US" id="id_11322428_3444568_2_1">Total deposits, other than trading</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Deposits1" xlink:to="td_Deposits1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Deposits1Abstract" xlink:label="td_Deposits1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Deposits1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431009_3_1">Deposits 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Deposits1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431009_1_1">Deposits 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Deposits1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431009_2_1">Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_Deposits1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431009_12_1">Deposits (Note 11)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Deposits1Abstract" xlink:to="td_Deposits1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DepositsFromBanks" xlink:label="ifrs-full_DepositsFromBanks"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepositsFromBanks_lbl" xml:lang="en-US" id="id_11322428_3418164_1_1">Deposits from banks</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepositsFromBanks_lbl" xml:lang="en-US" id="id_11322428_3418164_2_1">Banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DepositsFromBusinessAndGovernment" xlink:label="td_DepositsFromBusinessAndGovernment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DepositsFromBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3448371_3_1">Deposits from business and government.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DepositsFromBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3448371_1_1">Deposits from business and government</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DepositsFromBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3448371_2_1">Business and government</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_DepositsFromBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3448371_12_1">Deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DepositsFromBusinessAndGovernment" xlink:to="td_DepositsFromBusinessAndGovernment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DepositsFromCustomersAbstract" xlink:label="ifrs-full_DepositsFromCustomersAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepositsFromCustomersAbstract_lbl" xml:lang="en-US" id="id_11322428_3417564_1_1">Deposits from customers [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DepositsFromCustomersAbstract_lbl" xml:lang="en-US" id="id_11322428_3417564_2_1">Deposits from customers [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromCustomersAbstract" xlink:to="ifrs-full_DepositsFromCustomersAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DepositsOtherThanTrading" xlink:label="td_DepositsOtherThanTrading"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DepositsOtherThanTrading_lbl" xml:lang="en-US" id="id_11322428_3461818_3_1">Total deposits, other than Trading deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DepositsOtherThanTrading_lbl" xml:lang="en-US" id="id_11322428_3461818_1_1">Deposits Other Than Trading</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DepositsOtherThanTrading_lbl" xml:lang="en-US" id="id_11322428_3461818_2_1">Total deposits, other than trading</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_DepositsOtherThanTrading_lbl" xml:lang="en-US" id="id_11322428_3461818_6_1">Total deposits, other than trading</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DepositsOtherThanTrading" xlink:to="td_DepositsOtherThanTrading_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DepositsSubjectToBankRecapitalizationBailIn" xlink:label="td_DepositsSubjectToBankRecapitalizationBailIn"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DepositsSubjectToBankRecapitalizationBailIn_lbl" xml:lang="en-US" id="id_11322428_3546775_3_1">Senior debt which is subject to the bank recapitalization "bail-in" regime. This regime provides certain statutory powers to the CDIC, including the ability to convert specified eligible shares and liabilities into common shares in the event that the Bank becomes non-viable.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DepositsSubjectToBankRecapitalizationBailIn_lbl" xml:lang="en-US" id="id_11322428_3546775_1_1">Deposits subject to bank recapitalization bail in</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DepositsSubjectToBankRecapitalizationBailIn_lbl" xml:lang="en-US" id="id_11322428_3546775_2_1">Deposits subject to bank recapitalization Bail-in</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DepositsSubjectToBankRecapitalizationBailIn" xlink:to="td_DepositsSubjectToBankRecapitalizationBailIn_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DepositsTotal" xlink:label="td_DepositsTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DepositsTotal_lbl" xml:lang="en-US" id="id_11322428_3462002_3_1">Includes Deposits from Personal, Bank, Business and Government, and Trading Deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DepositsTotal_lbl" xml:lang="en-US" id="id_11322428_3462002_1_1">Deposits Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DepositsTotal_lbl" xml:lang="en-US" id="id_11322428_3462002_2_1">Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_DepositsTotal_lbl" xml:lang="en-US" id="id_11322428_3462002_12_1">Total deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DepositsTotal" xlink:to="td_DepositsTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses" xlink:label="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567032_3_1">Represents the decrease in the allowance resulting from credit that were fully repaid and excludes the decrease associated with credit that were disposed or fully written off.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567032_1_1">Derecognition Of Financial Asset In Allowance Account For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567032_2_1">Derecognition of financial assets (excluding disposals and write-offs)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses" xlink:to="td_DerecognitionOfFinancialAssetInAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DerivativeFinancialAssets" xlink:label="ifrs-full_DerivativeFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3417770_1_1">Derivative financial assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3417770_32_1">Derivatives</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3417770_33_1">Derivatives (Note 4)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3417770_2_1">Derivative assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3417770_12_1">Derivative financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DerivativeFinancialAssetsAbstract" xlink:label="td_DerivativeFinancialAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DerivativeFinancialAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431952_3_1">Derivative financial assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DerivativeFinancialAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431952_1_1">Derivative financial assets [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DerivativeFinancialAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431952_2_1">Derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DerivativeFinancialAssetsAbstract" xlink:to="td_DerivativeFinancialAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="ifrs-full_DerivativeFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3418170_1_1">Derivative financial liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3418170_32_1">Derivatives</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3418170_33_1">Derivatives (Note 4)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3418170_2_1">Derivative financial liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3418170_12_1">Derivative liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DerivativeFinancialLiabilitiesMember" xlink:label="td_DerivativeFinancialLiabilitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DerivativeFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509193_3_1">Derivative financial liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DerivativeFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509193_1_1">Derivative financial liabilities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DerivativeFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509193_2_1">Derivative financial liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DerivativeFinancialLiabilitiesMember" xlink:to="td_DerivativeFinancialLiabilitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DerivativeLiabilities1Abstract" xlink:label="td_DerivativeLiabilities1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DerivativeLiabilities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431484_3_1">Derivative liabilities 1.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DerivativeLiabilities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431484_1_1">Derivative Liabilities 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DerivativeLiabilities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431484_2_1">Derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DerivativeLiabilities1Abstract" xlink:to="td_DerivativeLiabilities1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418174_1_1">Description of accounting policy for business combinations [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418174_2_1">Business Combinations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory" xlink:label="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537509_3_1">Description of accounting policy for conceptual framework for financial reporting.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537509_1_1">Description of accounting policy for conceptual framework for financial reporting [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537509_2_1">Conceptual Framework for Financial Reporting</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory" xlink:to="td_DescriptionOfAccountingPolicyForConceptualFrameworkForFinancialReportingExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3417961_1_1">Description of accounting policy for insurance contracts and related assets, liabilities, income and expense [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3417961_2_1">Insurance Contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418190_1_1">Description of accounting policy for leases [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418190_2_1">Leases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" xml:lang="en-US" id="id_11322428_3417965_1_1">Description of accounting policy for recognition of revenue [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" xml:lang="en-US" id="id_11322428_3417965_2_1">Revenue from Contracts with Customers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3417594_1_1">Description of accounting policy for share-based payment transactions [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3417594_2_1">Share-based Payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3418231_1_1">Expected volatility, share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3418231_2_1">Expected volatility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate" xlink:label="ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate_lbl" xml:lang="en-US" id="id_11322428_3418271_1_1">Description of nature of change in accounting estimate [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate_lbl" xml:lang="en-US" id="id_11322428_3418271_2_1">Presentation of Financial Statements and Accounting Policies, Changes in Accounting Estimates and Errors</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate" xlink:to="ifrs-full_DescriptionOfNatureAndAmountOfChangeInAccountingEstimate_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares" xlink:label="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares_lbl" xml:lang="en-US" id="id_11322428_3469827_3_1">Description of redeemable or convertible fixed rate preferred shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares_lbl" xml:lang="en-US" id="id_11322428_3469827_1_1">Description of redeemable or convertible fixed rate preferred shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares_lbl" xml:lang="en-US" id="id_11322428_3469827_2_1">Description of redeemable/convertible shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares" xlink:to="td_DescriptionOfRedeemableOrConvertibleFixedRatePreferredShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3418349_1_1">Risk free interest rate, share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3418349_2_1">Risk-free interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember" xlink:label="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember_lbl" xml:lang="en-US" id="id_11322428_3510749_3_1">Designated at fair value through profit or loss deposit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember_lbl" xml:lang="en-US" id="id_11322428_3510749_1_1">Designated Financial At Fair Value Through Profit Or Loss Deposit [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember_lbl" xml:lang="en-US" id="id_11322428_3510749_2_1">Deposits designated at fair value through profit or loss [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember" xlink:to="td_DesignatedFinancialAtFairValueThroughProfitOrLossDepositMember_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xml:lang="en-US" id="id_11322428_3418395_1_1">Disclosure of classes of share capital [line items]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable_lbl" xml:lang="en-US" id="id_11322428_3418609_1_1">Disclosure of classes of share capital [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable_lbl" xml:lang="en-US" id="id_11322428_3418609_2_1">Disclosure of classes of share capital [table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDepositsAbstract_lbl" xml:lang="en-US" id="id_11322428_3427040_1_1">Disclosure of deposits [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDepositsExplanatiory_lbl" xml:lang="en-US" id="id_11322428_3517837_2_1">Deposits</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDepositsFromCustomersLineItems" xlink:label="td_DisclosureOfDepositsFromCustomersLineItems"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDepositsFromCustomersLineItems_lbl" xml:lang="en-US" id="id_11322428_3431448_2_1">Disclosure of deposits from customers [line items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfDepositsFromCustomersLineItems" xlink:to="td_DisclosureOfDepositsFromCustomersLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDepositsFromCustomersTable" xlink:label="td_DisclosureOfDepositsFromCustomersTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDepositsFromCustomersTable_lbl" xml:lang="en-US" id="id_11322428_3474444_3_1">Disclosure of deposits from customers [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDepositsFromCustomersTable_lbl" xml:lang="en-US" id="id_11322428_3474444_1_1">Disclosure of deposits from customers [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDepositsFromCustomersTable_lbl" xml:lang="en-US" id="id_11322428_3474444_2_1">Disclosure of deposits from customers [table]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDepositsLineItems" xlink:label="td_DisclosureOfDepositsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDepositsLineItems_lbl" xml:lang="en-US" id="id_11322428_3430063_3_1">Disclosure Of Deposits [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDepositsLineItems_lbl" xml:lang="en-US" id="id_11322428_3430063_1_1">Disclosure Of Deposits [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDepositsLineItems_lbl" xml:lang="en-US" id="id_11322428_3430063_2_1">Disclosure Of Deposits [line items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfDepositsLineItems" xlink:to="td_DisclosureOfDepositsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDepositsTable" xlink:label="td_DisclosureOfDepositsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDepositsTable_lbl" xml:lang="en-US" id="id_11322428_3473432_3_1">Disclosure Of Deposits [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDepositsTable_lbl" xml:lang="en-US" id="id_11322428_3473432_1_1">Disclosure Of Deposits [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDepositsTable_lbl" xml:lang="en-US" id="id_11322428_3473432_2_1">Disclosure Of Deposits [table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfDepositsTable" xlink:to="td_DisclosureOfDepositsTable_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory" xlink:label="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory_lbl" xml:lang="en-US" id="id_11322428_3514669_3_1">Disclosure Of Detailed Information About Interest Income Expense Explanatory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory_lbl" xml:lang="en-US" id="id_11322428_3514669_1_1">Disclosure Of Detailed Information About Interest Income Expense Explanatory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory_lbl" xml:lang="en-US" id="id_11322428_3514669_2_1">Summary of Interest Income and Expense by Basis of Accounting Classification</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory" xlink:to="td_DisclosureOfDetailedInformationAboutInterestIncomeExpenseExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory" xlink:label="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516262_3_1">Disclosure of detailed information about other liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516262_1_1">Disclosure Of Detailed Information About Other Liabilities [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516262_2_1">Summary of Other Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory" xlink:to="td_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfDetailedInformationOtherAssetsExplanatory" xlink:label="td_DisclosureOfDetailedInformationOtherAssetsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfDetailedInformationOtherAssetsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516316_3_1">Disclosure of detailed information other assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfDetailedInformationOtherAssetsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516316_1_1">Disclosure of detailed information other assets [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfDetailedInformationOtherAssetsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3516316_2_1">Schedule of Other Assets</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418633_1_1">Disclosure of earnings per share [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418633_2_1">Earnings Per Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfEmployeeBenefitExpensesAbstract" xlink:label="td_DisclosureOfEmployeeBenefitExpensesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfEmployeeBenefitExpensesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430639_3_1">Disclosure Of Employee Benefit Expenses [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfEmployeeBenefitExpensesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430639_1_1">Disclosure Of Employee Benefit Expenses [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfEmployeeBenefitExpensesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430639_2_1">Disclosure Of Employee Benefit Expenses [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfEmployeeBenefitExpensesAbstract" xlink:to="td_DisclosureOfEmployeeBenefitExpensesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418423_1_1">Disclosure of employee benefits [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418423_2_1">Employee Benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfEmployerContributionsToPlanExplanatory" xlink:label="td_DisclosureOfEmployerContributionsToPlanExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfEmployerContributionsToPlanExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537798_3_1">Disclosure of employer's contributions to plan Explanatory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfEmployerContributionsToPlanExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537798_1_1">Disclosure of employer's contributions to plan Explanatory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfEmployerContributionsToPlanExplanatory_lbl" xml:lang="en-US" id="id_11322428_3537798_2_1">Summary of Bank Contribution to Principal Pension and Non Pension Post Retirement Benefit Plans and Significant Other Pension and Retirement Plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DisclosureOfEmployerContributionsToPlanExplanatory" xlink:to="td_DisclosureOfEmployerContributionsToPlanExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418841_1_1">Disclosure of entity's operating segments [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418841_2_1">Segmented Information</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfEquityInvestmentSecuritiesDesignatedAsAtFairValueThroughOtherComprehensiveIncomeExplanatory" xlink:label="td_DisclosureOfEquityInvestmentSecuritiesDesignatedAsAtFairValueThroughOtherComprehensiveIncomeExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfEquityInvestmentSecuritiesDesignatedAsAtFairValueThroughOtherComprehensiveIncomeExplanatory_lbl" xml:lang="en-US" id="id_11322428_3521421_3_1">The disclosure of equity investment securities designated as at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfEquityInvestmentSecuritiesDesignatedAsAtFairValueThroughOtherComprehensiveIncomeExplanatory_lbl" xml:lang="en-US" id="id_11322428_3521421_1_1">Disclosure of equity investment securities designated as at fair value through other comprehensive income explanatory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfEquityInvestmentSecuritiesDesignatedAsAtFairValueThroughOtherComprehensiveIncomeExplanatory_lbl" xml:lang="en-US" id="id_11322428_3521421_2_1">Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418842_1_1">Disclosure of events after reporting period [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xml:lang="en-US" id="id_11322428_3418842_2_1">Subsequent Events</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl" xml:lang="en-US" id="id_11322428_3419062_1_1">Disclosure of fair value measurement [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl" xml:lang="en-US" id="id_11322428_3419062_2_1">Fair Value Measurements</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsLineItems_lbl" xml:lang="en-US" id="id_11322428_3529125_1_1">Disclosure Of General Information About Financial Statements [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsLineItems_lbl" xml:lang="en-US" id="id_11322428_3529125_2_1">Disclosure of general information about financial statements [line items]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfGeneralInformationAboutFinancialStatementsTable" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsTable_lbl" xml:lang="en-US" id="id_11322428_3475056_3_1">Disclosure Of General Information About Financial Statements [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsTable_lbl" xml:lang="en-US" id="id_11322428_3475056_1_1">Disclosure Of General Information About Financial Statements [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfGeneralInformationAboutFinancialStatementsTable_lbl" xml:lang="en-US" id="id_11322428_3475056_2_1">Disclosure of general information about financial statements [table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfIncomeTaxLineItems_lbl" xml:lang="en-US" id="id_11322428_3430101_1_1">Disclosure of Income Tax [Line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfIncomeTaxLineItems_lbl" xml:lang="en-US" id="id_11322428_3430101_2_1">Disclosure of Income Tax [Line items]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfIncomeTaxTable_lbl" xml:lang="en-US" id="id_11322428_3474008_2_1">Disclosure of Income Tax [table]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfInterestIncomeExpenseTable_lbl" xml:lang="en-US" id="id_11322428_3474916_1_1">Disclosure of Interest Income Expense [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfInterestIncomeExpenseTable_lbl" xml:lang="en-US" id="id_11322428_3474916_2_1">Disclosure of Interest Income Expense [table]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:label="ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory"/>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfInvestmentsInAssociatesAndJointVenturesAbstract" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430135_3_1">Disclosure of investments in associates and joint ventures.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesAbstract_lbl" xml:lang="en-US" id="id_11322428_3430135_2_1">Disclosure of investments in associates and joint ventures [abstract]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_lbl" xml:lang="en-US" id="id_11322428_3427249_3_1">Disclosure of Investments in Associates and Joint Ventures [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_lbl" xml:lang="en-US" id="id_11322428_3427249_1_1">Disclosure of Investments in Associates and Joint Ventures [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_lbl" xml:lang="en-US" id="id_11322428_3427249_2_1">Disclosure of investments in associates and joint ventures [line items]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable_lbl" xml:lang="en-US" id="id_11322428_3475024_1_1">Disclosure of Investments in Associates and Joint Ventures [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable_lbl" xml:lang="en-US" id="id_11322428_3475024_2_1">Disclosure of investments in associates and joint ventures [table]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfLiquidAssetsByTypeAndCurrencyAbstract" xlink:label="td_DisclosureOfLiquidAssetsByTypeAndCurrencyAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfLiquidAssetsByTypeAndCurrencyAbstract_lbl" xml:lang="en-US" id="id_11322428_3431676_3_1">Disclosure of liquid assets by type and currency [abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfRegulatoryCapitalAndCapitalRatiosLineItems_lbl" xml:lang="en-US" id="id_11322428_3431565_2_1">Disclosure of regulatory capital and capital ratios [line items]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfRegulatoryCapitalAndCapitalRatiosTable" xlink:label="td_DisclosureOfRegulatoryCapitalAndCapitalRatiosTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfRegulatoryCapitalAndCapitalRatiosTable_lbl" xml:lang="en-US" id="id_11322428_3474537_3_1">Disclosure of regulatory capital and capital ratios [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfRegulatoryCapitalAndCapitalRatiosTable_lbl" xml:lang="en-US" id="id_11322428_3474537_1_1">Disclosure of regulatory capital and capital ratios [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfRegulatoryCapitalAndCapitalRatiosTable_lbl" xml:lang="en-US" id="id_11322428_3474537_2_1">Disclosure of regulatory capital and capital ratios [table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfRegulatoryCapitalLineItems_lbl" xml:lang="en-US" id="id_11322428_3428618_3_1">Disclosure of regulatory capital [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfRegulatoryCapitalLineItems_lbl" xml:lang="en-US" id="id_11322428_3428618_1_1">Disclosure of regulatory capital [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfRegulatoryCapitalLineItems_lbl" xml:lang="en-US" id="id_11322428_3428618_2_1">Disclosure of regulatory capital [line items]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfRegulatoryCapitalTable" xlink:label="td_DisclosureOfRegulatoryCapitalTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfRegulatoryCapitalTable_lbl" xml:lang="en-US" id="id_11322428_3473323_3_1">Disclosure of regulatory capital [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfRegulatoryCapitalTable_lbl" xml:lang="en-US" id="id_11322428_3473323_1_1">Disclosure of regulatory capital [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfRegulatoryCapitalTable_lbl" xml:lang="en-US" id="id_11322428_3473323_2_1">Disclosure of regulatory capital [table]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfRestatementAbstract" xlink:label="td_DisclosureOfRestatementAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DisclosureOfRestatementAbstract_lbl" xml:lang="en-US" id="id_11322428_3426350_1_1">Disclosure Of Restatement [abstract]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfRiskManagementExplanatory" xlink:label="td_DisclosureOfRiskManagementExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfRiskManagementExplanatory_lbl" xml:lang="en-US" id="id_11322428_3517456_3_1">The entire disclosure of risk management.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsAbstract_lbl" xml:lang="en-US" id="id_11322428_3419458_1_1">Disclosure of sensitivity analysis for actuarial assumptions [abstract]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_lbl" xml:lang="en-US" id="id_11322428_3419209_1_1">Disclosure of sensitivity analysis for actuarial assumptions [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_lbl" xml:lang="en-US" id="id_11322428_3419209_2_1">Disclosure of sensitivity analysis for actuarial assumptions [line items]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_lbl" xml:lang="en-US" id="id_11322428_3419861_1_1">Disclosure of sensitivity analysis for actuarial assumptions [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_lbl" xml:lang="en-US" id="id_11322428_3419861_2_1">Disclosure of sensitivity analysis for actuarial assumptions [table]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DisclosureOfSignificantAcquisitionsAndDisposalsExplanatory" xlink:label="td_DisclosureOfSignificantAcquisitionsAndDisposalsExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DisclosureOfSignificantAcquisitionsAndDisposalsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3520318_3_1">The entire disclosure of significant acquisitions and disposals.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DisclosureOfSignificantAcquisitionsAndDisposalsExplanatory_lbl" xml:lang="en-US" id="id_11322428_3520318_2_1">Significant Acquisitions and Disposals</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xml:lang="en-US" id="id_11322428_3419219_1_1">Disclosure of terms and conditions of share-based payment arrangement [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xml:lang="en-US" id="id_11322428_3419219_2_1">Disclosure of terms and conditions of share-based payment arrangement [line items]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_lbl" xml:lang="en-US" id="id_11322428_3419473_2_1">Disclosure of terms and conditions of share-based payment arrangement [table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_DocumentType_lbl" xml:lang="en-US" id="id_11322428_3419909_2_1">Document Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DomesticOfficesMember" xlink:label="td_DomesticOfficesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DomesticOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510759_3_1">Domestic offices.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DomesticOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510759_1_1">Domestic Offices [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DomesticOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510759_2_1">Domestic Offices [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DomesticOfficesMember" xlink:to="td_DomesticOfficesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_DomesticStabilityBufferPillar2Risks" xlink:label="td_DomesticStabilityBufferPillar2Risks"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_DomesticStabilityBufferPillar2Risks_lbl" xml:lang="en-US" id="id_11322428_3528411_3_1">Domestic Stability Buffer which is held by D-SIBs against Pillar 2 risks. The current buffer of total risk-weighted assets and must be met with CET1 capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_DomesticStabilityBufferPillar2Risks_lbl" xml:lang="en-US" id="id_11322428_3528411_1_1">Domestic stability buffer pillar2 risks</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_DomesticStabilityBufferPillar2Risks_lbl" xml:lang="en-US" id="id_11322428_3528411_2_1">Domestic Stability Buffer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_DomesticStabilityBufferPillar2Risks" xlink:to="td_DomesticStabilityBufferPillar2Risks_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="ifrs-full_EarningsPerShareAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US" id="id_11322428_3419251_1_1">Earnings per share [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US" id="id_11322428_3419251_2_1">Earnings per share (Canadian dollars) (Note 17)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EarningsPerShareExplanatory" xlink:label="ifrs-full_EarningsPerShareExplanatory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareExplanatory_lbl" xml:lang="en-US" id="id_11322428_3419916_1_1">Earnings per share [text block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EarningsPerShareExplanatory_lbl" xml:lang="en-US" id="id_11322428_3419916_2_1">Summary of Earnings Per Share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareExplanatory" xlink:to="ifrs-full_EarningsPerShareExplanatory_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3419690_1_1">Effect of exchange rate changes on cash and cash equivalents</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3419690_2_1">Effect of exchange rate changes on cash and due from banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity" xlink:label="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity_lbl" xml:lang="en-US" id="id_11322428_3437848_3_1">Effect of one percent change of interest rate on impact on equity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity_lbl" xml:lang="en-US" id="id_11322428_3437848_1_1">Effect Of One Percent Change Of Interest Rate On Impact On Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity_lbl" xml:lang="en-US" id="id_11322428_3437848_2_1">Increase (decrease) in economic value of shareholder's equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity" xlink:to="td_EffectOfOnePercentChangeOfInterestRateOnImpactOnEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="ifrs-full_EmployeeBenefitsExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US" id="id_11322428_3419930_1_1">Employee benefits expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US" id="id_11322428_3419930_2_1">Employee compensation and benefits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US" id="id_11322428_3419930_12_1">Salaries and employee benefits (Note 15)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EncumberedLiquidAssets" xlink:label="td_EncumberedLiquidAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EncumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438475_3_1">Encumbered liquid assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EncumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438475_1_1">Encumbered liquid assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EncumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438475_2_1">Encumbered liquid assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EncumberedLiquidAssets" xlink:to="td_EncumberedLiquidAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US" id="id_11322428_3419937_1_1">Entity Central Index Key</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US" id="id_11322428_3419937_2_1">Entity Central Index Key</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US" id="id_11322428_3419722_1_1">Entity Registrant Name</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US" id="id_11322428_3419722_2_1">Entity Registrant Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="ifrs-full_EntitysTotalForAssociatesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForAssociatesMember_lbl" xml:lang="en-US" id="id_11322428_3419727_1_1">Entity's total for associates [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForAssociatesMember_lbl" xml:lang="en-US" id="id_11322428_3419727_2_1">Entity's total for associates [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForAssociatesMember" xlink:to="ifrs-full_EntitysTotalForAssociatesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:label="ifrs-full_EntitysTotalForBusinessCombinationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForBusinessCombinationsMember_lbl" xml:lang="en-US" id="id_11322428_3419292_1_1">Entity's total for business combinations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForBusinessCombinationsMember_lbl" xml:lang="en-US" id="id_11322428_3419292_2_1">Entity's total for business combinations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:to="ifrs-full_EntitysTotalForBusinessCombinationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl" xml:lang="en-US" id="id_11322428_3419293_1_1">Entity's total for external credit grades [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl" xml:lang="en-US" id="id_11322428_3419293_2_1">Entity's total for external credit grades [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:to="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3419294_1_1">Entity's total for impairment of financial assets [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3419294_2_1">Entity's total for impairment of financial assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:to="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForInternalCreditGradesMember" xlink:label="ifrs-full_EntitysTotalForInternalCreditGradesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForInternalCreditGradesMember_lbl" xml:lang="en-US" id="id_11322428_3419951_1_1">Entity's total for internal credit grades [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForInternalCreditGradesMember_lbl" xml:lang="en-US" id="id_11322428_3419951_2_1">Entity's total for internal credit grades [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForInternalCreditGradesMember" xlink:to="ifrs-full_EntitysTotalForInternalCreditGradesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="ifrs-full_EntitysTotalForRelatedPartiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForRelatedPartiesMember_lbl" xml:lang="en-US" id="id_11322428_3419733_1_1">Entity's total for related parties [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForRelatedPartiesMember_lbl" xml:lang="en-US" id="id_11322428_3419733_2_1">Entity's total for related parties [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:to="ifrs-full_EntitysTotalForRelatedPartiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember_lbl" xml:lang="en-US" id="id_11322428_3419734_1_1">Entity's total for subsidiaries [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember_lbl" xml:lang="en-US" id="id_11322428_3419734_2_1">Entity's total for subsidiaries [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForSubsidiariesMember" xlink:to="ifrs-full_EntitysTotalForSubsidiariesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquipmentExpense1" xlink:label="td_EquipmentExpense1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquipmentExpense1_lbl" xml:lang="en-US" id="id_11322428_3444554_3_1">Equipment expense.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquipmentExpense1_lbl" xml:lang="en-US" id="id_11322428_3444554_1_1">Equipment expense1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquipmentExpense1_lbl" xml:lang="en-US" id="id_11322428_3444554_2_1">Equipment, including depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquipmentExpense1" xlink:to="td_EquipmentExpense1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3512380_3_1">Equities designated at fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3512380_1_1">Equities designated at fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3512380_2_1">Equities designated at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="td_EquitiesDesignatedAtFairValueThroughOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquitiesMember" xlink:label="td_EquitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509212_3_1">Equities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509212_1_1">Equities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquitiesMember_lbl" xml:lang="en-US" id="id_11322428_3509212_2_1">Equities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquitiesMember" xlink:to="td_EquitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_1_1">Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_4_1">Balance at end of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_5_1">Balance at beginning of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_2_1">Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_6_1">Total equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" id="id_11322428_3419957_12_1">Stockholders' equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US" id="id_11322428_3419541_1_1">Equity [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US" id="id_11322428_3419541_2_1">EQUITY</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US" id="id_11322428_3419542_1_1">Equity and liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US" id="id_11322428_3419542_2_1">Total liabilities and stockholders' equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US" id="id_11322428_3419542_6_1">Total liabilities and equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3419543_1_1">Equity attributable to owners of parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3419543_6_1">Equity attributable to owners of parent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" xml:lang="en-US" id="id_11322428_3419544_1_1">Equity attributable to owners of parent [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" xml:lang="en-US" id="id_11322428_3419544_2_1">Equity attributable to owners of parent [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquityContractsMember" xlink:label="td_EquityContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477317_3_1">Equity contracts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477317_1_1">Equity Contracts [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquityContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477317_2_1">Equity contracts [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquityContractsMember" xlink:to="td_EquityContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityInterestsOfAcquirer" xlink:label="ifrs-full_EquityInterestsOfAcquirer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityInterestsOfAcquirer_lbl" xml:lang="en-US" id="id_11322428_3419300_1_1">Equity interests of acquirer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityInterestsOfAcquirer_lbl" xml:lang="en-US" id="id_11322428_3419300_2_1">Purchase consideration paid in shares, value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityInterestsOfAcquirer" xlink:to="ifrs-full_EquityInterestsOfAcquirer_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityMember" xlink:label="ifrs-full_EquityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityMember_lbl" xml:lang="en-US" id="id_11322428_3419740_1_1">Equity [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityMember_lbl" xml:lang="en-US" id="id_11322428_3419740_2_1">Equity [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityMember" xlink:to="ifrs-full_EquityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityPriceRiskMember" xlink:label="ifrs-full_EquityPriceRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityPriceRiskMember_lbl" xml:lang="en-US" id="id_11322428_3419960_1_1">Equity price risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityPriceRiskMember_lbl" xml:lang="en-US" id="id_11322428_3419960_2_1">Equity price risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityPriceRiskMember" xlink:to="ifrs-full_EquityPriceRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquitySecurities1Member" xlink:label="td_EquitySecurities1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquitySecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3476597_3_1">This member stands for instruments held by the entity that represent ownership.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquitySecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3476597_1_1">Equity Securities 1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquitySecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3476597_2_1">Equity securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquitySecurities1Member" xlink:to="td_EquitySecurities1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496315_3_1">Equity securities at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496315_1_1">Equity securities at fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3496315_2_1">Net unrealized gain (loss) on equity securities designated at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="td_EquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_EstimatedAggregateRangeOfReasonablyPossibleLosses" xlink:label="td_EstimatedAggregateRangeOfReasonablyPossibleLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_EstimatedAggregateRangeOfReasonablyPossibleLosses_lbl" xml:lang="en-US" id="id_11322428_3437919_3_1">Estimated Aggregate Range Of Reasonably Possible Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_EstimatedAggregateRangeOfReasonablyPossibleLosses_lbl" xml:lang="en-US" id="id_11322428_3437919_1_1">Estimated Aggregate Range Of Reasonably Possible Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_EstimatedAggregateRangeOfReasonablyPossibleLosses_lbl" xml:lang="en-US" id="id_11322428_3437919_2_1">Bank's reasonable possible losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_EstimatedAggregateRangeOfReasonablyPossibleLosses" xlink:to="td_EstimatedAggregateRangeOfReasonablyPossibleLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExercisePriceShareOptionsGranted" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3419967_1_1">Exercise price, share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExercisePriceShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3419967_2_1">Exercise price/share price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceShareOptionsGranted" xlink:to="ifrs-full_ExercisePriceShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ExpectedAdditionalContributionForRemainderOfYearMember" xlink:label="td_ExpectedAdditionalContributionForRemainderOfYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ExpectedAdditionalContributionForRemainderOfYearMember_lbl" xml:lang="en-US" id="id_11322428_3540976_3_1">Expected additional contribution for remainder of year.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ExpectedAdditionalContributionForRemainderOfYearMember_lbl" xml:lang="en-US" id="id_11322428_3540976_1_1">Expected additional contribution for remainder of year [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ExpectedAdditionalContributionForRemainderOfYearMember_lbl" xml:lang="en-US" id="id_11322428_3540976_2_1">Expected additional contribution for remainder of year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ExpectedAdditionalContributionForRemainderOfYearMember" xlink:to="td_ExpectedAdditionalContributionForRemainderOfYearMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3419755_1_1">Expected dividend as percentage, share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3419755_2_1">Expected dividend yield</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ExpectedLifeShareOptionsGranted" xlink:label="td_ExpectedLifeShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ExpectedLifeShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3432827_3_1">Expected life share options granted.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ExpectedLifeShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3432827_1_1">Expected life share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ExpectedLifeShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3432827_2_1">Expected option life, years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ExpectedLifeShareOptionsGranted" xlink:to="td_ExpectedLifeShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseArisingFromInsuranceContracts" xlink:label="ifrs-full_ExpenseArisingFromInsuranceContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3419565_1_1">Expense arising from insurance contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpenseArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3419565_2_1">Insurance claims and related expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseArisingFromInsuranceContracts" xlink:to="ifrs-full_ExpenseArisingFromInsuranceContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="ifrs-full_ExpenseByNatureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseByNatureAbstract_lbl" xml:lang="en-US" id="id_11322428_3419757_1_1">Expenses by nature [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpenseByNatureAbstract_lbl" xml:lang="en-US" id="id_11322428_3419757_2_1">Operating expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseByNatureAbstract" xlink:to="ifrs-full_ExpenseByNatureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_lbl" xml:lang="en-US" id="id_11322428_3419569_1_1">Expense from share-based payment transactions with employees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_lbl" xml:lang="en-US" id="id_11322428_3419569_2_1">Compensation expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseOfRestructuringActivities" xlink:label="ifrs-full_ExpenseOfRestructuringActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseOfRestructuringActivities_lbl" xml:lang="en-US" id="id_11322428_3419325_1_1">Expense of restructuring activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ExpenseOfRestructuringActivities_lbl" xml:lang="en-US" id="id_11322428_3419325_2_1">Restructuring charges (recovery)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseOfRestructuringActivities" xlink:to="ifrs-full_ExpenseOfRestructuringActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ExpenseRecognizedPendingCompletionOfTransaction" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransaction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437909_3_1">Expense recognized pending completion of transaction.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437909_1_1">Expense recognized pending completion of transaction</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437909_2_1">Expense recognized, pending completion of transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ExpenseRecognizedPendingCompletionOfTransaction" xlink:to="td_ExpenseRecognizedPendingCompletionOfTransaction_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes_lbl" xml:lang="en-US" id="id_11322428_3531558_3_1">Expense recognized pending completion of transaction after sales and income taxes.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes_lbl" xml:lang="en-US" id="id_11322428_3531558_1_1">Expense recognized pending completion of transaction after sales and income taxes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes_lbl" xml:lang="en-US" id="id_11322428_3531558_2_1">Expense recognized, pending completion of transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes" xlink:to="td_ExpenseRecognizedPendingCompletionOfTransactionAfterSalesAndIncomeTaxes_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExternalCreditGradesAxis" xlink:label="ifrs-full_ExternalCreditGradesAxis"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:label="ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished_lbl" xml:lang="en-US" id="id_11322428_3420031_1_1">Fair value of investments in associates for which there are quoted market prices</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished_lbl" xml:lang="en-US" id="id_11322428_3420031_2_1">Fair value of outstanding shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:to="ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3419381_1_1">Investments in equity instruments designated at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3419381_2_1">Fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US" id="id_11322428_3419400_1_1">Financial assets at amortised cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US" id="id_11322428_3419400_6_1">Cost/amortized cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3419836_1_1">Financial assets at amortised cost, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3419836_2_1">Financial assets amortized cost [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="ifrs-full_FinancialAssetsAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420049_1_1">Financial assets, at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420049_4_1">Fair value ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420049_5_1">Fair value beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3419837_1_1">Financial assets at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3419837_2_1">Financial assets at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3419837_12_1">Financial assets at fair value through other comprehensive income (Notes 4, 5, 6)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3420050_1_1">Financial assets at fair value through other comprehensive income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3420050_2_1">Financial assets at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3419401_1_1">Financial assets at fair value through other comprehensive income, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3419401_2_1">Financial assets at fair value through other comprehensive income, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3419403_1_1">Financial assets at fair value through profit or loss [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3419403_2_1">Financial assets designated at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsCategoryMember" xlink:label="ifrs-full_FinancialAssetsCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420055_1_1">Financial assets, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420055_2_1">Financial assets, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsCategoryMember" xlink:to="ifrs-full_FinancialAssetsCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:label="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3461816_3_1">Debt instruments in a held-to-collect or held-to-collect-and-sell business model can be designated at initial recognition as measured at FVTPL, provided the designation can eliminate or significantly reduce an accounting mismatch that would otherwise arise from measuring these financial assets on a different basis.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3461816_1_1">Financial assets designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3461816_2_1">Financial assets designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3461816_12_1">Financial assets designated at fair value through profit or loss (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="td_FinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3420074_1_1">Financial assets measured at fair value through other comprehensive income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3420074_2_1">Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420075_1_1">Financial assets measured at fair value through other comprehensive income, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420075_2_1">Financial assets at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="ifrs-full_FinancialAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3420713_1_1">Financial assets, class [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsMember_lbl" xml:lang="en-US" id="id_11322428_3420713_2_1">Financial assets, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsMember" xlink:to="ifrs-full_FinancialAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialAssetsNotCarriedAtFairValue" xlink:label="td_FinancialAssetsNotCarriedAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialAssetsNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448760_3_1">Financial assets not carried at fair value.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialAssetsNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448760_1_1">Financial assets not carried at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_FinancialAssetsNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448760_6_1">Total financial assets not carried at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FinancialAssetsNotCarriedAtFairValue" xlink:to="td_FinancialAssetsNotCarriedAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xlink:label="ifrs-full_FinancialAssetsPastDueButNotImpairedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl" xml:lang="en-US" id="id_11322428_3420080_1_1">Financial assets past due but not impaired [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl" xml:lang="en-US" id="id_11322428_3420080_2_1">Financial assets past due but not impaired [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xlink:to="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3420299_1_1">Financial assets recognised as of acquisition date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3420299_2_1">Purchase consideration paid in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialAssetsTradingLoansSecuritiesAndOther" xlink:label="td_FinancialAssetsTradingLoansSecuritiesAndOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3461463_3_1">Financial assets held within the trading portfolios if they have been originated, acquired, or incurred principally for the purpose of selling or repurchasing in the near term, or they form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of short-term profit-taking. Consists of trading securities, trading loans, as well as physical commodities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3461463_1_1">Financial assets, trading loans, securities, and other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_FinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3461463_2_1">Trading loans, securities, and other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_FinancialAssetsTradingLoansSecuritiesAndOther_lbl" xml:lang="en-US" id="id_11322428_3461463_12_1">Trading loans, securities, and other (Note 4)</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember" xlink:label="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3493326_3_1">Financial instruments measure at amortized cost and fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3493326_1_1">Financial instruments measure at amortized cost and fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3493326_2_1">Financial instruments measure at amortized cost and FVOCI [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember" xlink:to="td_FinancialInstrumentsMeasureAtAmortizedCostAndFairValueThroughOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember" xlink:label="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3512381_3_1">Financial instruments measured or designated at fair value through profit or loss [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3512381_1_1">Financial instruments measured or designated at fair value through profit or loss [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3512381_2_1">Financial instruments measured or designated at fair value through profit or loss [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember" xlink:to="td_FinancialInstrumentsMeasuredOrDesignatedAtFairValueThroughProfitOrLossMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3420727_1_1">Financial liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3420727_6_1">Total financial liabilities other than non-trading deposits and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420314_1_1">Financial liabilities, at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420314_4_1">Fair value ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3420314_5_1">Fair value beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3420315_1_1">Financial liabilities at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3420315_2_1">Financial liabilities designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3420315_12_1">Financial liabilities designated at fair value through profit or loss (Notes 4, 11)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420498_1_1">Financial liabilities at fair value through profit or loss, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420498_2_1">Financial liabilities designated at fair value through profit or loss [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesCategoryMember" xlink:label="ifrs-full_FinancialLiabilitiesCategoryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420501_1_1">Financial liabilities, category [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesCategoryMember_lbl" xml:lang="en-US" id="id_11322428_3420501_2_1">Financial liabilities, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesCategoryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="ifrs-full_FinancialLiabilitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3420503_1_1">Financial liabilities, class [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3420503_2_1">Financial liabilities, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesMember" xlink:to="ifrs-full_FinancialLiabilitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FinancialLiabilitiesNotCarriedAtFairValue" xlink:label="td_FinancialLiabilitiesNotCarriedAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FinancialLiabilitiesNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448761_3_1">Financial liabilities not carried at fair value.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FinancialLiabilitiesNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448761_1_1">Financial liabilities not carried at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_FinancialLiabilitiesNotCarriedAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448761_6_1">Total financial liabilities not carried at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FinancialLiabilitiesNotCarriedAtFairValue" xlink:to="td_FinancialLiabilitiesNotCarriedAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3420506_1_1">Financial liabilities recognised as of acquisition date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" id="id_11322428_3420506_2_1">Liabilities acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesTypeMember" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember_lbl" xml:lang="en-US" id="id_11322428_3420733_1_1">Financial liabilities, type [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember_lbl" xml:lang="en-US" id="id_11322428_3420733_2_1">Financial liabilities, type [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesTypeMember" xlink:to="ifrs-full_FinancialLiabilitiesTypeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ForeclosedAssetsFinancialAssets" xlink:label="td_ForeclosedAssetsFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ForeclosedAssetsFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3434925_3_1">Foreclosed Assets, Financial Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ForeclosedAssetsFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3434925_1_1">Foreclosed Assets, Financial Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ForeclosedAssetsFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3434925_2_1">Foreclosed assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ForeclosedAssetsFinancialAssets" xlink:to="td_ForeclosedAssetsFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ForeignBranchesMember" xlink:label="td_ForeignBranchesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ForeignBranchesMember_lbl" xml:lang="en-US" id="id_11322428_3495984_3_1">Foreign Branches [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ForeignBranchesMember_lbl" xml:lang="en-US" id="id_11322428_3495984_1_1">Foreign Branches [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ForeignBranchesMember_lbl" xml:lang="en-US" id="id_11322428_3495984_2_1">Foreign branches [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ForeignBranchesMember" xlink:to="td_ForeignBranchesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ForeignExchangeContractsMember" xlink:label="td_ForeignExchangeContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ForeignExchangeContractsMember_lbl" xml:lang="en-US" id="id_11322428_3531491_3_1">Foreign exchange contracts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ForeignExchangeContractsMember_lbl" xml:lang="en-US" id="id_11322428_3531491_1_1">Foreign Exchange Contracts [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ForeignExchangeContractsMember_lbl" xml:lang="en-US" id="id_11322428_3531491_2_1">Foreign exchange contracts [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ForeignExchangeContractsMember" xlink:to="td_ForeignExchangeContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ForeignOfficesMember" xlink:label="td_ForeignOfficesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ForeignOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510760_3_1">Foreign offices.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ForeignOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510760_1_1">Foreign Offices [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ForeignOfficesMember_lbl" xml:lang="en-US" id="id_11322428_3510760_2_1">Foreign Offices [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ForeignOfficesMember" xlink:to="td_ForeignOfficesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_FundsFromDeposit" xlink:label="td_FundsFromDeposit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_FundsFromDeposit_lbl" xml:lang="en-US" id="id_11322428_3438602_3_1">Funds from deposit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_FundsFromDeposit_lbl" xml:lang="en-US" id="id_11322428_3438602_1_1">Funds from deposit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_FundsFromDeposit_lbl" xml:lang="en-US" id="id_11322428_3438602_2_1">Funds from Deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_FundsFromDeposit" xlink:to="td_FundsFromDeposit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420343_1_1">Gains (losses) on cash flow hedges, net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420343_2_1">Change in gains (losses) on derivatives designated as cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings" xlink:label="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462697_3_1">(Gains) losses on equity securities at fair value through other comprehensive income net of tax reclassified to retained earnings.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462697_1_1">Gains losses on equity securities at fair value through other comprehensive income net of tax reclassified to retained earnings</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462697_14_1">Reclassification of loss (gain) to retained earnings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings" xlink:to="td_GainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxReclassifiedToRetainedEarnings_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420355_1_1">Gains (losses) on exchange differences on translation, net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420355_2_1">Unrealized gains (losses) on investments in foreign operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420767_1_1">Gains (losses) on financial assets measured at fair value through other comprehensive income, net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3420767_2_1">Change in unrealized gains (losses) on debt securities at fair value through other comprehensive income</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3420144_2_1">Total realized and unrealized gains (losses) included in OCI</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3420775_2_1">Total realized and unrealized (gains) losses included in OCI</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement_lbl" xml:lang="en-US" id="id_11322428_3420776_1_1">Gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for assets held at end of period, fair value measurement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement_lbl" xml:lang="en-US" id="id_11322428_3420776_2_1">Change in Unrealized gain (losses) on instruments still held</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_lbl" xml:lang="en-US" id="id_11322428_3420369_1_1">Gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for liabilities held at end of period, fair value measurement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_lbl" xml:lang="en-US" id="id_11322428_3420369_2_1">Change in Unrealized gain (losses) on instruments still held</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:to="ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3420146_1_1">Gains (losses) recognised in profit or loss, fair value measurement, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3420146_2_1">Total realized and unrealized gains (losses) included in income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets" xlink:to="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3420561_1_1">Gains (losses) recognised in profit or loss, fair value measurement, liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3420561_2_1">Total realized and unrealized (gains) losses included in income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="ifrs-full_GeographicalAreasAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US" id="id_11322428_3420782_1_1">Geographical areas [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US" id="id_11322428_3420782_2_1">Geographical areas [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="ifrs-full_GeographicalAreasMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeographicalAreasMember_lbl" xml:lang="en-US" id="id_11322428_3420376_1_1">Geographical areas [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GeographicalAreasMember_lbl" xml:lang="en-US" id="id_11322428_3420376_2_1">Geographical areas [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasMember" xlink:to="ifrs-full_GeographicalAreasMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Goodwill" xlink:label="ifrs-full_Goodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US" id="id_11322428_3420792_1_1">Goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US" id="id_11322428_3420792_4_1">Ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US" id="id_11322428_3420792_5_1">Beginning balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US" id="id_11322428_3420792_2_1">Goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US" id="id_11322428_3420792_12_1">Goodwill (Note 9)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GovernmentAndGovernmentRelatedSecuritiesMember" xlink:label="td_GovernmentAndGovernmentRelatedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GovernmentAndGovernmentRelatedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3510615_3_1">Government and government-related securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GovernmentAndGovernmentRelatedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3510615_1_1">Government and government related securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_GovernmentAndGovernmentRelatedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3510615_2_1">Government and government-related securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GovernmentAndGovernmentRelatedSecuritiesMember" xlink:to="td_GovernmentAndGovernmentRelatedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GreystoneCapitalManagementIncMember" xlink:label="td_GreystoneCapitalManagementIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GreystoneCapitalManagementIncMember_lbl" xml:lang="en-US" id="id_11322428_3512241_3_1">Greystone Capital Management Inc.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GreystoneCapitalManagementIncMember_lbl" xml:lang="en-US" id="id_11322428_3512241_1_1">Greystone Capital Management Inc. [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_GreystoneCapitalManagementIncMember_lbl" xml:lang="en-US" id="id_11322428_3512241_2_1">Greystone Capital Management Inc. [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GreystoneCapitalManagementIncMember" xlink:to="td_GreystoneCapitalManagementIncMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GrossLoansAcquiredCreditImpaired" xlink:label="td_GrossLoansAcquiredCreditImpaired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GrossLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462047_3_1">Acquired Loans identified as impaired at acquisition.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GrossLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462047_1_1">Gross Loans Acquired Credit Impaired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_GrossLoansAcquiredCreditImpaired_lbl" xml:lang="en-US" id="id_11322428_3462047_2_1">Acquired credit-impaired loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GrossLoansAcquiredCreditImpaired" xlink:to="td_GrossLoansAcquiredCreditImpaired_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540961_3_1">Gross unrealized gains on securities at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540961_1_1">Gross Unrealized Gains On Securities At Fair Value Through Other Comprehensive Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540961_2_1">Gross unrealized gains</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_GrossUnrealizedGainsOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540962_3_1">Gross unrealized losses on securities at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540962_1_1">Gross Unrealized Losses On Securities At Fair Value Through Other Comprehensive Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540962_14_1">Gross unrealized (losses)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_GrossUnrealizedLossesOnSecuritiesAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_HighRiskMember" xlink:label="td_HighRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_HighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486005_3_1">High risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_HighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486005_1_1">High risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_HighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486005_2_1">High risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_HighRiskMember" xlink:to="td_HighRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_HundredBasisPointsDecreaseMember" xlink:label="td_HundredBasisPointsDecreaseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_HundredBasisPointsDecreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506669_3_1">This member stands for 100 bps decrease.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_HundredBasisPointsDecreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506669_1_1">Hundred Basis Points Decrease [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_HundredBasisPointsDecreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506669_2_1">100 bps decrease [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_HundredBasisPointsDecreaseMember" xlink:to="td_HundredBasisPointsDecreaseMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_HundredBasisPointsIncreaseMember" xlink:label="td_HundredBasisPointsIncreaseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_HundredBasisPointsIncreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506667_3_1">This member stands for 100 bps increase.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_HundredBasisPointsIncreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506667_1_1">Hundred Basis Points Increase [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_HundredBasisPointsIncreaseMember_lbl" xml:lang="en-US" id="id_11322428_3506667_2_1">100 bps increase [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_HundredBasisPointsIncreaseMember" xlink:to="td_HundredBasisPointsIncreaseMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IdiosyncraticDebtSpecificRiskMember" xlink:label="td_IdiosyncraticDebtSpecificRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IdiosyncraticDebtSpecificRiskMember_lbl" xml:lang="en-US" id="id_11322428_3512257_3_1">Idiosyncratic debt specific risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IdiosyncraticDebtSpecificRiskMember_lbl" xml:lang="en-US" id="id_11322428_3512257_1_1">Idiosyncratic debt specific risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IdiosyncraticDebtSpecificRiskMember_lbl" xml:lang="en-US" id="id_11322428_3512257_2_1">Idiosyncratic debt specific risk [member]</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ImpactOfAdoptingIfrs15OnShareholdersEquity" xlink:label="td_ImpactOfAdoptingIfrs15OnShareholdersEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ImpactOfAdoptingIfrs15OnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3543462_3_1">Impact of adopting IFRS 15 on shareholders equity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ImpactOfAdoptingIfrs15OnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3543462_1_1">Impact of adopting IFRS 15 on shareholders equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ImpactOfAdoptingIfrs15OnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3543462_2_1">Impact on adoption of IFRS 15 (Note 2)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ImpactOfAdoptingIfrs15OnShareholdersEquity" xlink:to="td_ImpactOfAdoptingIfrs15OnShareholdersEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ImpactOfAdoptingIfrsOnShareholdersEquity" xlink:label="td_ImpactOfAdoptingIfrsOnShareholdersEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ImpactOfAdoptingIfrsOnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448730_3_1">Impact of adopting IFRS 9 on shareholders equity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ImpactOfAdoptingIfrsOnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448730_1_1">Impact of adopting IFRS 9 on shareholders equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ImpactOfAdoptingIfrsOnShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448730_2_1">Impact on adoption of IFRS 9</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ImpairedLoansMember" xlink:label="td_ImpairedLoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3501462_3_1">Impaired loans member.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3501462_1_1">Impaired loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ImpairedLoansMember_lbl" xml:lang="en-US" id="id_11322428_3501462_2_1">Impaired loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ImpairedLoansMember" xlink:to="td_ImpairedLoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US" id="id_11322428_3420207_1_1">Impairment loss recognised in profit or loss, goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US" id="id_11322428_3420207_2_1">Impairment losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3420436_1_1">Impairment of financial assets [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xml:lang="en-US" id="id_11322428_3420436_2_1">Impairment of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeArisingFromInsuranceContracts" xlink:label="ifrs-full_IncomeArisingFromInsuranceContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3420441_1_1">Income arising from insurance contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3420441_2_1">Insurance revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeArisingFromInsuranceContracts" xlink:to="ifrs-full_IncomeArisingFromInsuranceContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss" xlink:label="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448754_3_1">Income (loss) from financial instruments designated at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448754_1_1">Income (loss) from financial instruments designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448754_2_1">Income (loss) from financial instruments designated at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="td_IncomeLossFromFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss" xlink:label="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448753_3_1">Income (loss) from non-trading financial instruments at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448753_1_1">Income (loss) from non-trading financial instruments at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448753_2_1">Income (loss) from non-trading financial instruments at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss" xlink:to="td_IncomeLossFromNontradingFinancialInstrumentsAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US" id="id_11322428_3420627_1_1">Profit or loss [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US" id="id_11322428_3420627_2_1">Profit or loss [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxAndInterestReassessed" xlink:label="td_IncomeTaxAndInterestReassessed"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxAndInterestReassessed_lbl" xml:lang="en-US" id="id_11322428_3529011_3_1">Income tax and interest reassessed by the Canada Revenue Agency (CRA) or Alberta.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxAndInterestReassessed_lbl" xml:lang="en-US" id="id_11322428_3529011_1_1">Income tax and interest reassessed</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeTaxAndInterestReassessed_lbl" xml:lang="en-US" id="id_11322428_3529011_2_1">Additional Income Tax and Interest reassessed by CRA</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeTaxAndInterestReassessed" xlink:to="td_IncomeTaxAndInterestReassessed_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxAuthority1Axis" xlink:label="td_IncomeTaxAuthority1Axis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxAuthority1Axis_lbl" xml:lang="en-US" id="id_11322428_3475724_3_1">Income tax authority 1 [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxAuthority1Axis_lbl" xml:lang="en-US" id="id_11322428_3475724_1_1">Income tax authority 1 [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeTaxAuthority1Axis_lbl" xml:lang="en-US" id="id_11322428_3475724_2_1">Income tax authority 1 [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeTaxAuthority1Axis" xlink:to="td_IncomeTaxAuthority1Axis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxAuthority1Domain" xlink:label="td_IncomeTaxAuthority1Domain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxAuthority1Domain_lbl" xml:lang="en-US" id="id_11322428_3476346_3_1">Income Tax Authority domain.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxAuthority1Domain_lbl" xml:lang="en-US" id="id_11322428_3476346_1_1">Income Tax Authority 1 [domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeTaxAuthority1Domain_lbl" xml:lang="en-US" id="id_11322428_3476346_2_1">Income Tax Authority 1 [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeTaxAuthority1Domain" xlink:to="td_IncomeTaxAuthority1Domain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3420215_1_1">Income taxes paid (refund), classified as operating activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3420215_2_1">Amount of income taxes paid (refunded) during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US" id="id_11322428_3420859_1_1">Tax expense (income)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US" id="id_11322428_3420859_32_1">Provision for income taxes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US" id="id_11322428_3420859_2_1">Provision for (recovery of) income taxes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US" id="id_11322428_3420859_12_1">Provision for (recovery of) income taxes (Note 16)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges" xlink:label="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3462107_3_1">Income tax provision (recovery) on reclassification adjustments on cash flow hedges.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3462107_1_1">Income tax provision (recovery) on reclassification adjustments on cash flow hedges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3462107_14_1">Less: Reclassification to earnings of losses (gains) on cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges" xlink:to="td_IncomeTaxProvisionRecoveryOnReclassificationAdjustmentsOnCashFlowHedges_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract" xlink:label="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3432146_3_1">Income tax provisions (recoveries) in Consolidated Statement of Comprehensive Income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3432146_1_1">Income tax provisions (recoveries) in Consolidated Statement of Comprehensive Income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3432146_2_1">Income Tax Provisions (Recoveries) in the Consolidated Statement of Comprehensive Income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract" xlink:to="td_IncomeTaxProvisionsRecoveriesInConsolidatedStatementOfComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3420449_1_1">Income tax relating to cash flow hedges included in other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3420449_2_1">Change in gains (losses) on derivatives designated as cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3420450_1_1">Income tax relating to changes in fair value of financial liability attributable to change in credit risk of liability included in other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3420450_2_1">Change in fair value due to credit risk on financial liabilities designated at fair value through profit or loss</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome"/>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncomeTaxRelatingToUnrealizedGainLossOnInvestmentsInForeignOperations" xlink:label="td_IncomeTaxRelatingToUnrealizedGainLossOnInvestmentsInForeignOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncomeTaxRelatingToUnrealizedGainLossOnInvestmentsInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3462106_3_1">Income tax relating to unrealized gain (loss) on investments in foreign operations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncomeTaxRelatingToUnrealizedGainLossOnInvestmentsInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3462106_1_1">Income tax relating to unrealized gain (loss) on investments in foreign operations</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member" xlink:label="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member_lbl" xml:lang="en-US" id="id_11322428_3420637_2_1">Increase (decrease) due to application of IFRS 15 [member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ifrs-full_IncreaseDecreaseInAllowanceAccountForCreditLossesOfFinancialAssets"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_IncreaseDecreaseInAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3420460_18_1">Provision for credit losses (Note 6)</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3420226_6_1">Net increase (decrease) in cash and due from banks</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseInRedemptionOfNoncontrollingInterestsInSubsidiaries" xlink:label="td_IncreaseDecreaseInRedemptionOfNoncontrollingInterestsInSubsidiaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncreaseDecreaseInRedemptionOfNoncontrollingInterestsInSubsidiaries_lbl" xml:lang="en-US" id="id_11322428_3543463_3_1">Increase decrease in redemption of non-controlling interests in subsidiaries.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseDecreaseInRedemptionOfNoncontrollingInterestsInSubsidiaries_lbl" xml:lang="en-US" id="id_11322428_3543463_1_1">Increase decrease in redemption of non-controlling interests in subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncreaseDecreaseInRedemptionOfNoncontrollingInterestsInSubsidiaries_lbl" xml:lang="en-US" id="id_11322428_3543463_2_1">Redemption of non-controlling interests in subsidiaries</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_lbl" xml:lang="en-US" id="id_11322428_3420647_1_1">Increase (decrease) through acquisition of subsidiary, equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_lbl" xml:lang="en-US" id="id_11322428_3420647_2_1">Shares issued in connection with acquisitions</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl" xml:lang="en-US" id="id_11322428_3420259_1_1">Increase (decrease) through exercise of options, equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl" xml:lang="en-US" id="id_11322428_3420259_2_1">Issuance of stock options, net of options exercised</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseThroughNetExchangeDifferencesAllowanceAccountForCreditLosses" xlink:label="td_IncreaseDecreaseThroughNetExchangeDifferencesAllowanceAccountForCreditLosses"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseDecreaseThroughNetExchangeDifferencesAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567035_1_1">Increase Decrease Through Net Exchange Differences Allowance Account For Credit Losses</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseThroughNetExchangeDifferencesAndOtherGoodwill" xlink:label="td_IncreaseDecreaseThroughNetExchangeDifferencesAndOtherGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncreaseDecreaseThroughNetExchangeDifferencesAndOtherGoodwill_lbl" xml:lang="en-US" id="id_11322428_3462003_3_1">Increase (decrease) through net exchange differences and other goodwill.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseDecreaseThroughNetExchangeDifferencesAndOtherGoodwill_lbl" xml:lang="en-US" id="id_11322428_3462003_1_1">Increase Decrease Through Net Exchange Differences And Other Goodwill</label>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseThroughPremiumDiscountOnSaleOrIssueOfTreasuryShares" xlink:label="td_IncreaseDecreaseThroughPremiumDiscountOnSaleOrIssueOfTreasuryShares"/>
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    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares" xlink:label="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3462696_3_1">Net premium on repurchase of common shares and redemption of preferred shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3462696_1_1">Increase (decrease) through premium repurchase of common shares redemption of preferred shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3462696_2_1">Net premium on repurchase of common shares, redemption of preferred shares, and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares" xlink:to="td_IncreaseDecreaseThroughPremiumRepurchaseOfCommonSharesRedemptionOfPreferredShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl" xml:lang="en-US" id="id_11322428_3420924_1_1">Increase (decrease) through other changes, equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl" xml:lang="en-US" id="id_11322428_3420924_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses" xlink:label="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3456288_3_1">Increase Decrease Through Transfers Between Allowances Allowance Account For Credit Losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3456288_1_1">Increase Decrease Through Transfers Between Allowances Allowance Account For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3456288_2_1">Transfer to Stage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses" xlink:to="td_IncreaseDecreaseThroughTransfersBetweenAllowancesAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncreaseThroughDividendReinvestmentPlan" xlink:label="td_IncreaseThroughDividendReinvestmentPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncreaseThroughDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3461998_3_1">The increase in equity resulting from the shares issued as a result of dividend reinvestment plan.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncreaseThroughDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3461998_1_1">Increase Through Dividend Reinvestment Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncreaseThroughDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3461998_2_1">Shares issued as a result of dividend reinvestment plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncreaseThroughDividendReinvestmentPlan" xlink:to="td_IncreaseThroughDividendReinvestmentPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IncrementalRiskCapitalChargeForOneYear" xlink:label="td_IncrementalRiskCapitalChargeForOneYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IncrementalRiskCapitalChargeForOneYear_lbl" xml:lang="en-US" id="id_11322428_3438491_3_1">Incremental risk capital charge for one year.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IncrementalRiskCapitalChargeForOneYear_lbl" xml:lang="en-US" id="id_11322428_3438491_1_1">Incremental Risk Capital Charge for One Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IncrementalRiskCapitalChargeForOneYear_lbl" xml:lang="en-US" id="id_11322428_3438491_2_1">Incremental Risk Capital Charge (one-year)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IncrementalRiskCapitalChargeForOneYear" xlink:to="td_IncrementalRiskCapitalChargeForOneYear_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InsuranceClaimsAndRelatedExpenses" xlink:label="td_InsuranceClaimsAndRelatedExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InsuranceClaimsAndRelatedExpenses_lbl" xml:lang="en-US" id="id_11322428_3448836_3_1">Insurance claims and related expenses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InsuranceClaimsAndRelatedExpenses_lbl" xml:lang="en-US" id="id_11322428_3448836_1_1">Insurance Claims And Related Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InsuranceClaimsAndRelatedExpenses_lbl" xml:lang="en-US" id="id_11322428_3448836_2_1">Insurance claims and related expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InsuranceClaimsAndRelatedExpenses" xlink:to="td_InsuranceClaimsAndRelatedExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InsuranceRelatedAssetsExcludingInvestments" xlink:label="td_InsuranceRelatedAssetsExcludingInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InsuranceRelatedAssetsExcludingInvestments_lbl" xml:lang="en-US" id="id_11322428_3461351_3_1">Insurance-related assets, excluding investments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InsuranceRelatedAssetsExcludingInvestments_lbl" xml:lang="en-US" id="id_11322428_3461351_1_1">Insurance Related Assets, Excluding Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InsuranceRelatedAssetsExcludingInvestments_lbl" xml:lang="en-US" id="id_11322428_3461351_2_1">Insurance-related assets, excluding investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InsuranceRelatedAssetsExcludingInvestments" xlink:to="td_InsuranceRelatedAssetsExcludingInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InsuredMember" xlink:label="td_InsuredMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InsuredMember_lbl" xml:lang="en-US" id="id_11322428_3479706_3_1">Insured.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InsuredMember_lbl" xml:lang="en-US" id="id_11322428_3479706_1_1">Insured [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InsuredMember_lbl" xml:lang="en-US" id="id_11322428_3479706_2_1">Insured [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InsuredMember" xlink:to="td_InsuredMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_IntangibleAssetAmortizedPendingCompletionOfTransaction" xlink:label="td_IntangibleAssetAmortizedPendingCompletionOfTransaction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_IntangibleAssetAmortizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437910_3_1">Intangible asset amortized pending, completion of transaction.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_IntangibleAssetAmortizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437910_1_1">Intangible asset amortized pending, completion of transaction</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_IntangibleAssetAmortizedPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437910_2_1">Intangible assets amortized, pending completion of transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_IntangibleAssetAmortizedPendingCompletionOfTransaction" xlink:to="td_IntangibleAssetAmortizedPendingCompletionOfTransaction_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" id="id_11322428_3421841_1_1">Intangible assets other than goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" id="id_11322428_3421841_2_1">Other intangibles</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestBearingDeposits1Member" xlink:label="td_InterestBearingDeposits1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestBearingDeposits1Member_lbl" xml:lang="en-US" id="id_11322428_3479031_3_1">Interest bearing deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestBearingDeposits1Member_lbl" xml:lang="en-US" id="id_11322428_3479031_1_1">Interest Bearing Deposits 1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestBearingDeposits1Member_lbl" xml:lang="en-US" id="id_11322428_3479031_2_1">Interest bearing deposits 1 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestBearingDeposits1Member" xlink:to="td_InterestBearingDeposits1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestCostsAbstract" xlink:label="ifrs-full_InterestCostsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestCostsAbstract_lbl" xml:lang="en-US" id="id_11322428_3421375_1_1">Interest costs [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestCostsAbstract_lbl" xml:lang="en-US" id="id_11322428_3421375_2_1">Interest expense (Note 20)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestCostsAbstract" xlink:to="ifrs-full_InterestCostsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestExpense" xlink:label="ifrs-full_InterestExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US" id="id_11322428_3421376_1_1">Interest expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US" id="id_11322428_3421376_2_1">Interest expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US" id="id_11322428_3421376_6_1">Total interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3421196_1_1">Interest expense (income), net defined benefit liability (asset)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3421196_2_1">Net interest cost on net defined benefit liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestExpenseOnDeposits" xlink:label="td_InterestExpenseOnDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestExpenseOnDeposits_lbl" xml:lang="en-US" id="id_11322428_3444507_3_1">Interest Expense on Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestExpenseOnDeposits_lbl" xml:lang="en-US" id="id_11322428_3444507_1_1">Interest Expense on Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestExpenseOnDeposits_lbl" xml:lang="en-US" id="id_11322428_3444507_2_1">Deposits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestExpenseOnDeposits" xlink:to="td_InterestExpenseOnDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:label="ifrs-full_InterestExpenseOnOtherFinancialLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3421380_1_1">Interest expense on other financial liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl" xml:lang="en-US" id="id_11322428_3421380_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:to="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestExpenseOnSecuritizationLiabilities" xlink:label="td_InterestExpenseOnSecuritizationLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestExpenseOnSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443841_3_1">Interest expense on securitization liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestExpenseOnSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443841_1_1">Interest Expense on Securitization Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestExpenseOnSecuritizationLiabilities_lbl" xml:lang="en-US" id="id_11322428_3443841_2_1">Securitization liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestExpenseOnSecuritizationLiabilities" xlink:to="td_InterestExpenseOnSecuritizationLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestExpenseOnSubordinatedNotesAndDebentures" xlink:label="td_InterestExpenseOnSubordinatedNotesAndDebentures"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestExpenseOnSubordinatedNotesAndDebentures_lbl" xml:lang="en-US" id="id_11322428_3461820_3_1">The amount of interest expense on subordinated notes and debentures.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestExpenseOnSubordinatedNotesAndDebentures_lbl" xml:lang="en-US" id="id_11322428_3461820_1_1">Interest expense on subordinated notes and debentures</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestExpenseOnSubordinatedNotesAndDebentures_lbl" xml:lang="en-US" id="id_11322428_3461820_2_1">Subordinated notes and debentures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestExpenseOnSubordinatedNotesAndDebentures" xlink:to="td_InterestExpenseOnSubordinatedNotesAndDebentures_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestIncomeAbstract" xlink:label="td_InterestIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431010_3_1">Interest income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431010_1_1">Interest income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3431010_2_1">Interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestIncomeAbstract" xlink:to="td_InterestIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestIncomeExpenseNet1" xlink:label="td_InterestIncomeExpenseNet1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestIncomeExpenseNet1_lbl" xml:lang="en-US" id="id_11322428_3448142_3_1">Interest income (expense), net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestIncomeExpenseNet1_lbl" xml:lang="en-US" id="id_11322428_3448142_1_1">Interest income expense net1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestIncomeExpenseNet1_lbl" xml:lang="en-US" id="id_11322428_3448142_2_1">Net interest income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_InterestIncomeExpenseNet1_lbl" xml:lang="en-US" id="id_11322428_3448142_6_1">Net interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestIncomeExpenseNet1" xlink:to="td_InterestIncomeExpenseNet1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestIncomeFromSecuritiesAbstract" xlink:label="td_InterestIncomeFromSecuritiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestIncomeFromSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3432085_3_1">Interest income from securities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestIncomeFromSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3432085_1_1">Interest income from securities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestIncomeFromSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3432085_2_1">Securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestIncomeFromSecuritiesAbstract" xlink:to="td_InterestIncomeFromSecuritiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestIncomeOnDeposits" xlink:label="ifrs-full_InterestIncomeOnDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestIncomeOnDeposits_lbl" xml:lang="en-US" id="id_11322428_3421203_1_1">Interest income on deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestIncomeOnDeposits_lbl" xml:lang="en-US" id="id_11322428_3421203_2_1">Deposits with banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestIncomeOnDeposits" xlink:to="ifrs-full_InterestIncomeOnDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl" xml:lang="en-US" id="id_11322428_3421204_1_1">Interest income on loans and receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl" xml:lang="en-US" id="id_11322428_3421204_2_1">Loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:to="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestIncomeOnSecuritiesExcludingDividends" xlink:label="td_InterestIncomeOnSecuritiesExcludingDividends"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestIncomeOnSecuritiesExcludingDividends_lbl" xml:lang="en-US" id="id_11322428_3461819_3_1">Interest income on securities excluding dividends.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestIncomeOnSecuritiesExcludingDividends_lbl" xml:lang="en-US" id="id_11322428_3461819_1_1">Interest income on securities excluding dividends</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestIncomeOnSecuritiesExcludingDividends_lbl" xml:lang="en-US" id="id_11322428_3461819_2_1">Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestIncomeOnSecuritiesExcludingDividends" xlink:to="td_InterestIncomeOnSecuritiesExcludingDividends_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3421854_1_1">Interest paid, classified as operating activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3421854_2_1">Amount of interest paid during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestPayable" xlink:label="ifrs-full_InterestPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPayable_lbl" xml:lang="en-US" id="id_11322428_3420979_1_1">Interest payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestPayable_lbl" xml:lang="en-US" id="id_11322428_3420979_2_1">Accrued interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InterestRateContractsMember" xlink:label="td_InterestRateContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InterestRateContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477331_3_1">Interest rate contracts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InterestRateContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477331_1_1">Interest Rate Contracts [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InterestRateContractsMember_lbl" xml:lang="en-US" id="id_11322428_3477331_2_1">Interest rate contracts [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InterestRateContractsMember" xlink:to="td_InterestRateContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="ifrs-full_InterestRateRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US" id="id_11322428_3421384_1_1">Interest rate risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US" id="id_11322428_3421384_2_1">Interest rate risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestReceivable" xlink:label="ifrs-full_InterestReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestReceivable_lbl" xml:lang="en-US" id="id_11322428_3420981_1_1">Interest receivable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestReceivable_lbl" xml:lang="en-US" id="id_11322428_3420981_2_1">Accrued interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivable" xlink:to="ifrs-full_InterestReceivable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3420982_1_1">Interest received, classified as operating activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US" id="id_11322428_3420982_2_1">Amount of interest received during the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:label="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod_lbl" xml:lang="en-US" id="id_11322428_3421389_1_1">Interest revenue calculated using effective interest method</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod_lbl" xml:lang="en-US" id="id_11322428_3421389_2_1">Interest income calculated using effective interest rate method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:to="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InternalCreditGradesAxis" xlink:label="ifrs-full_InternalCreditGradesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InternalCreditGradesAxis_lbl" xml:lang="en-US" id="id_11322428_3420983_1_1">Internal credit grades [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InternalCreditGradesAxis_lbl" xml:lang="en-US" id="id_11322428_3420983_2_1">Internal credit grades [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InternalCreditGradesAxis" xlink:to="ifrs-full_InternalCreditGradesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InternationalMember" xlink:label="td_InternationalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InternationalMember_lbl" xml:lang="en-US" id="id_11322428_3506394_3_1">International.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InternationalMember_lbl" xml:lang="en-US" id="id_11322428_3506394_1_1">International [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InternationalMember_lbl" xml:lang="en-US" id="id_11322428_3506394_2_1">International [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InternationalMember" xlink:to="td_InternationalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:label="ifrs-full_InvestmentAccountedForUsingEquityMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3421394_1_1">Investments accounted for using equity method</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3421394_2_1">Investment in TD Ameritrade</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3421394_12_1">Investment in TD Ameritrade (Note 7)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:to="ifrs-full_InvestmentAccountedForUsingEquityMethod_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InvestmentAndSecuritiesServices" xlink:label="td_InvestmentAndSecuritiesServices"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InvestmentAndSecuritiesServices_lbl" xml:lang="en-US" id="id_11322428_3448837_3_1">The amount of income recognized from investment and securities services.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InvestmentAndSecuritiesServices_lbl" xml:lang="en-US" id="id_11322428_3448837_1_1">Investment and securities services</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InvestmentAndSecuritiesServices_lbl" xml:lang="en-US" id="id_11322428_3448837_2_1">Investment and securities services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InvestmentAndSecuritiesServices" xlink:to="td_InvestmentAndSecuritiesServices_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InvestmentGradeMember" xlink:label="td_InvestmentGradeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3492379_3_1">Investment grade.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3492379_1_1">Investment grade [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3492379_2_1">Investment grade [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InvestmentGradeMember" xlink:to="td_InvestmentGradeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InvestmentGradeOrLowNormalRiskMember" xlink:label="td_InvestmentGradeOrLowNormalRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InvestmentGradeOrLowNormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496167_3_1">Investment grade or low normal risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InvestmentGradeOrLowNormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496167_1_1">Investment Grade Or Low Normal Risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InvestmentGradeOrLowNormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496167_2_1">Investment grade or low/normal risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InvestmentGradeOrLowNormalRiskMember" xlink:to="td_InvestmentGradeOrLowNormalRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" xlink:label="ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract_lbl" xml:lang="en-US" id="id_11322428_3421414_1_1">Investments accounted for using equity method [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract_lbl" xml:lang="en-US" id="id_11322428_3421414_2_1">Investments accounted for using equity method [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" xlink:to="ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis_lbl" xml:lang="en-US" id="id_11322428_3421245_1_1">Investments in equity instruments designated at fair value through other comprehensive income [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis_lbl" xml:lang="en-US" id="id_11322428_3421245_2_1">Investments in equity instruments designated at fair value through other comprehensive income [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis" xlink:to="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3421246_1_1">Investments in equity instruments designated at fair value through other comprehensive income [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_11322428_3421246_2_1">Investments in equity instruments designated at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InvestmentTypeAxis" xlink:label="td_InvestmentTypeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InvestmentTypeAxis_lbl" xml:lang="en-US" id="id_11322428_3532585_3_1">Investment type [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InvestmentTypeAxis_lbl" xml:lang="en-US" id="id_11322428_3532585_1_1">Investment type [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InvestmentTypeAxis_lbl" xml:lang="en-US" id="id_11322428_3532585_2_1">Investment type [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InvestmentTypeAxis" xlink:to="td_InvestmentTypeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_InvestmentTypeMember" xlink:label="td_InvestmentTypeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_InvestmentTypeMember_lbl" xml:lang="en-US" id="id_11322428_3532586_3_1">Investment type [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_InvestmentTypeMember_lbl" xml:lang="en-US" id="id_11322428_3532586_1_1">Investment type [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_InvestmentTypeMember_lbl" xml:lang="en-US" id="id_11322428_3532586_2_1">Investment type [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_InvestmentTypeMember" xlink:to="td_InvestmentTypeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US" id="id_11322428_3421012_1_1">Issued capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US" id="id_11322428_3421012_2_1">Issued capital (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssuedCapitalMember" xlink:label="ifrs-full_IssuedCapitalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xml:lang="en-US" id="id_11322428_3421013_1_1">Issued capital [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xml:lang="en-US" id="id_11322428_3421013_2_1">Issued capital [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="ifrs-full_IssueOfEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US" id="id_11322428_3421895_1_1">Issue of equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US" id="id_11322428_3421895_2_1">Issue of shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US" id="id_11322428_3421895_12_1">Shares issued, Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssuesFairValueMeasurementAssets" xlink:label="ifrs-full_IssuesFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuesFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3421014_1_1">Issues, fair value measurement, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuesFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3421014_2_1">Movements issuances</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuesFairValueMeasurementAssets" xlink:to="ifrs-full_IssuesFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssuesFairValueMeasurementLiabilities" xlink:label="ifrs-full_IssuesFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuesFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3421015_1_1">Issues, fair value measurement, liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IssuesFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3421015_2_1">Movements issuances</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuesFairValueMeasurementLiabilities" xlink:to="ifrs-full_IssuesFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFiveYearsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421915_1_1">Later than five years [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421915_2_1">Over 5 years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LaterThanNineMonthsAndNotLaterThanOneYearMember" xlink:label="td_LaterThanNineMonthsAndNotLaterThanOneYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LaterThanNineMonthsAndNotLaterThanOneYearMember_lbl" xml:lang="en-US" id="id_11322428_3486002_3_1">Later than nine months and not later than one year [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LaterThanNineMonthsAndNotLaterThanOneYearMember_lbl" xml:lang="en-US" id="id_11322428_3486002_1_1">Later than nine months and not later than one year [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LaterThanNineMonthsAndNotLaterThanOneYearMember_lbl" xml:lang="en-US" id="id_11322428_3486002_2_1">Later than nine months and not later than one year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LaterThanNineMonthsAndNotLaterThanOneYearMember" xlink:to="td_LaterThanNineMonthsAndNotLaterThanOneYearMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421449_1_1">Later than one month and not later than three months [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421449_2_1">Later than one month and not later than three months [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421918_1_1">Later than one month and not later than two months [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421918_2_1">31-60 days [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421288_1_1">Later than one year and not later than two years [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421288_2_1">Over 1 year to 2 years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember" xlink:label="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3492294_3_1">Later than six months and not later than nine months.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3492294_1_1">Later than six months and not later than nine months [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3492294_2_1">Later than six months and not later than nine months [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember" xlink:to="td_LaterThanSixMonthsAndNotLaterThanNineMonthsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421032_1_1">Later than three months and not later than six months [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421032_2_1">Over 3 months to 6 months [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421921_1_1">Later than two months and not later than three months [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US" id="id_11322428_3421921_2_1">61 - 89 days [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421922_1_1">Later than two years and not later than five years [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US" id="id_11322428_3421922_2_1">Later than two years and not later than five years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LegalProceedingsProvisionMember" xlink:label="ifrs-full_LegalProceedingsProvisionMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LegalProceedingsProvisionMember_lbl" xml:lang="en-US" id="id_11322428_3421933_1_1">Legal proceedings provision [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LegalProceedingsProvisionMember_lbl" xml:lang="en-US" id="id_11322428_3421933_2_1">Litigation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LegalProceedingsProvisionMember" xlink:to="ifrs-full_LegalProceedingsProvisionMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LessThanOneMonthMember" xlink:label="td_LessThanOneMonthMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LessThanOneMonthMember_lbl" xml:lang="en-US" id="id_11322428_3500170_3_1">Less than one month.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LessThanOneMonthMember_lbl" xml:lang="en-US" id="id_11322428_3500170_1_1">Less Than One Month [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LessThanOneMonthMember_lbl" xml:lang="en-US" id="id_11322428_3500170_2_1">Less than one month [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LessThanOneMonthMember" xlink:to="td_LessThanOneMonthMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421459_1_1">Level 1 of fair value hierarchy [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421459_2_1">Level 1 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421934_1_1">Level 2 of fair value hierarchy [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421934_2_1">Level 2 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421043_1_1">Level 3 of fair value hierarchy [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US" id="id_11322428_3421043_2_1">Level 3 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US" id="id_11322428_3421935_1_1">Levels of fair value hierarchy [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US" id="id_11322428_3421935_2_1">Levels of fair value hierarchy [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LeverageRatios" xlink:label="td_LeverageRatios"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LeverageRatios_lbl" xml:lang="en-US" id="id_11322428_3527602_3_1">Leverage ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LeverageRatios_lbl" xml:lang="en-US" id="id_11322428_3527602_1_1">Leverage ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LeverageRatios_lbl" xml:lang="en-US" id="id_11322428_3527602_2_1">Leverage ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LeverageRatios" xlink:to="td_LeverageRatios_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US" id="id_11322428_3421936_1_1">Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US" id="id_11322428_3421936_6_1">Total liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="ifrs-full_LiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3421303_1_1">Liabilities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3421303_2_1">LIABILITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesArisingFromInsuranceContracts" xlink:label="ifrs-full_LiabilitiesArisingFromInsuranceContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3421305_1_1">Liabilities under insurance contracts and reinsurance contracts issued</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LiabilitiesArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="id_11322428_3421305_2_1">Insurance-related liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromInsuranceContracts" xlink:to="ifrs-full_LiabilitiesArisingFromInsuranceContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="ifrs-full_LiabilitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3421050_1_1">Liabilities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LiabilitiesMember_lbl" xml:lang="en-US" id="id_11322428_3421050_2_1">Liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesMember" xlink:to="ifrs-full_LiabilitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LiabilitiesRelatedToStructuredEntities" xlink:label="td_LiabilitiesRelatedToStructuredEntities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LiabilitiesRelatedToStructuredEntities_lbl" xml:lang="en-US" id="id_11322428_3438065_3_1">Liabilities related to structured entities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LiabilitiesRelatedToStructuredEntities_lbl" xml:lang="en-US" id="id_11322428_3438065_1_1">Liabilities related to structured entities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LiabilitiesRelatedToStructuredEntities_lbl" xml:lang="en-US" id="id_11322428_3438065_2_1">Liabilities related to structured entities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LiabilitiesRelatedToStructuredEntities" xlink:to="td_LiabilitiesRelatedToStructuredEntities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LiquidAssets" xlink:label="td_LiquidAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438603_3_1">Liquid assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438603_1_1">Liquid assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438603_6_1">Total liquid assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LiquidAssets" xlink:to="td_LiquidAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LiquidAssetsPercentage" xlink:label="td_LiquidAssetsPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LiquidAssetsPercentage_lbl" xml:lang="en-US" id="id_11322428_3523351_3_1">Liquid assets percentage.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LiquidAssetsPercentage_lbl" xml:lang="en-US" id="id_11322428_3523351_1_1">Liquid assets percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LiquidAssetsPercentage_lbl" xml:lang="en-US" id="id_11322428_3523351_2_1">% of total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LiquidAssetsPercentage" xlink:to="td_LiquidAssetsPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LiquidityRiskAbstract" xlink:label="td_LiquidityRiskAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LiquidityRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3431895_3_1">Liquidity risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LiquidityRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3431895_1_1">Liquidity risk [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LiquidityRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3431895_2_1">Liquidity risk [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LiquidityRiskAbstract" xlink:to="td_LiquidityRiskAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoanCommitmentsAndFinancialGuaranteesMember" xlink:label="td_LoanCommitmentsAndFinancialGuaranteesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoanCommitmentsAndFinancialGuaranteesMember_lbl" xml:lang="en-US" id="id_11322428_3546776_3_1">Loan commitments and financial guarantees.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoanCommitmentsAndFinancialGuaranteesMember_lbl" xml:lang="en-US" id="id_11322428_3546776_1_1">Loan commitments and financial guarantees [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoanCommitmentsAndFinancialGuaranteesMember_lbl" xml:lang="en-US" id="id_11322428_3546776_2_1">Loan commitments and financial guarantees [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoanCommitmentsAndFinancialGuaranteesMember" xlink:to="td_LoanCommitmentsAndFinancialGuaranteesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Loans1Member" xlink:label="td_Loans1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Loans1Member_lbl" xml:lang="en-US" id="id_11322428_3479940_3_1">Loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Loans1Member_lbl" xml:lang="en-US" id="id_11322428_3479940_1_1">Loans1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Loans1Member_lbl" xml:lang="en-US" id="id_11322428_3479940_2_1">Loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Loans1Member" xlink:to="td_Loans1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAbstract" xlink:label="td_LoansAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAbstract_lbl" xml:lang="en-US" id="id_11322428_3431008_3_1">Loans [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAbstract_lbl" xml:lang="en-US" id="id_11322428_3431008_1_1">Loans [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansAbstract_lbl" xml:lang="en-US" id="id_11322428_3431008_2_1">Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_LoansAbstract_lbl" xml:lang="en-US" id="id_11322428_3431008_12_1">Loans (Notes 4, 6)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAbstract" xlink:to="td_LoansAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAcquiredCreditImpairedNet" xlink:label="td_LoansAcquiredCreditImpairedNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAcquiredCreditImpairedNet_lbl" xml:lang="en-US" id="id_11322428_3462027_3_1">Acquired Loans identified as impaired at acquisition net of allowance for loan losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAcquiredCreditImpairedNet_lbl" xml:lang="en-US" id="id_11322428_3462027_1_1">Loans Acquired Credit Impaired Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LoansAcquiredCreditImpairedNet_lbl" xml:lang="en-US" id="id_11322428_3462027_6_1">Loans, net of allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAcquiredCreditImpairedNet" xlink:to="td_LoansAcquiredCreditImpairedNet_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAndAcceptancesBeforeAllowancesForLoanLosses" xlink:label="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461866_3_1">Includes loans measured at amortized cost, loans measured at fair value through other comprehensive income, and customer's liability under acceptances.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461866_1_1">Loans and acceptances before allowances for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3461866_2_1">Total loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses" xlink:to="td_LoansAndAcceptancesBeforeAllowancesForLoanLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567027_3_1">Loans and acceptances excluding acquired credit-impaired loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567027_1_1">Loans and Acceptances Excluding Acquired Credit Impaired Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans_lbl" xml:lang="en-US" id="id_11322428_3567027_2_1">Total loans excluding acquired credit-impaired loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans" xlink:to="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet_lbl" xml:lang="en-US" id="id_11322428_3567029_3_1">Loans and acceptances excluding acquired credit-impaired Loans net of allowance for loan losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet_lbl" xml:lang="en-US" id="id_11322428_3567029_1_1">Loans and Acceptances Excluding Acquired Credit Impaired Loans Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet_lbl" xml:lang="en-US" id="id_11322428_3567029_6_1">Loans, net of allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet" xlink:to="td_LoansAndAcceptancesExcludingAcquiredCreditImpairedLoansNet_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansAndAcceptancesNet" xlink:label="td_LoansAndAcceptancesNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansAndAcceptancesNet_lbl" xml:lang="en-US" id="id_11322428_3439281_3_1">Gross loans and acceptances net of allowance for loan losses. Includes loans measured at amortized cost, loans measured at fair value through other comprehensive income, and customer's liability under acceptances.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansAndAcceptancesNet_lbl" xml:lang="en-US" id="id_11322428_3439281_1_1">Loans and acceptances net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LoansAndAcceptancesNet_lbl" xml:lang="en-US" id="id_11322428_3439281_6_1">Loans, net of allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansAndAcceptancesNet" xlink:to="td_LoansAndAcceptancesNet_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansBeforeAllowanceForLoanLosses" xlink:label="td_LoansBeforeAllowanceForLoanLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansBeforeAllowanceForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3447843_3_1">Gross loans before allowance for loan losses, excluding trading loans and loans measured at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansBeforeAllowanceForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3447843_1_1">Loans Before Allowance For Loan Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansBeforeAllowanceForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3447843_2_1">Gross Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LoansBeforeAllowanceForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3447843_6_1">Gross loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_LoansBeforeAllowanceForLoanLosses_lbl" xml:lang="en-US" id="id_11322428_3447843_12_1">Total loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansBeforeAllowanceForLoanLosses" xlink:to="td_LoansBeforeAllowanceForLoanLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansMember" xlink:label="td_LoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansMember_lbl" xml:lang="en-US" id="id_11322428_3554482_3_1">Loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansMember_lbl" xml:lang="en-US" id="id_11322428_3554482_1_1">Loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansMember_lbl" xml:lang="en-US" id="id_11322428_3554482_2_1">Loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansMember" xlink:to="td_LoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansNet" xlink:label="td_LoansNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansNet_lbl" xml:lang="en-US" id="id_11322428_3447844_3_1">Gross Loans net of allowance for loan losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansNet_lbl" xml:lang="en-US" id="id_11322428_3447844_1_1">Loans Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansNet_lbl" xml:lang="en-US" id="id_11322428_3447844_2_1">Loans, net of allowance for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_LoansNet_lbl" xml:lang="en-US" id="id_11322428_3447844_6_1">Loans, net of allowance for loan losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_LoansNet_lbl" xml:lang="en-US" id="id_11322428_3447844_12_1">Total loans, net of allowance for loan losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansNet" xlink:to="td_LoansNet_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LoansToBusinessAndGovernment" xlink:label="td_LoansToBusinessAndGovernment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LoansToBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3452550_3_1">Loans to business and government.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LoansToBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3452550_1_1">Loans to business and government</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LoansToBusinessAndGovernment_lbl" xml:lang="en-US" id="id_11322428_3452550_2_1">Business and government</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LoansToBusinessAndGovernment" xlink:to="td_LoansToBusinessAndGovernment_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LossTradingDays" xlink:label="td_LossTradingDays"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LossTradingDays_lbl" xml:lang="en-US" id="id_11322428_3471924_3_1">Loss Trading Days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LossTradingDays_lbl" xml:lang="en-US" id="id_11322428_3471924_1_1">Loss Trading Days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LossTradingDays_lbl" xml:lang="en-US" id="id_11322428_3471924_2_1">Loss trading days</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LossTradingDays" xlink:to="td_LossTradingDays_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_LowRiskMember" xlink:label="td_LowRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_LowRiskMember_lbl" xml:lang="en-US" id="id_11322428_3485991_3_1">Low risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_LowRiskMember_lbl" xml:lang="en-US" id="id_11322428_3485991_1_1">Low risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_LowRiskMember_lbl" xml:lang="en-US" id="id_11322428_3485991_2_1">Low risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_LowRiskMember" xlink:to="td_LowRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MarketRiskAbstract" xlink:label="td_MarketRiskAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MarketRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3426455_3_1">Market Risk [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MarketRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3426455_1_1">Market risk [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MarketRiskAbstract_lbl" xml:lang="en-US" id="id_11322428_3426455_2_1">Market risk [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MarketRiskAbstract" xlink:to="td_MarketRiskAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MarketRiskLineItems" xlink:label="td_MarketRiskLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MarketRiskLineItems_lbl" xml:lang="en-US" id="id_11322428_3426456_3_1">Market Risk [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MarketRiskLineItems_lbl" xml:lang="en-US" id="id_11322428_3426456_1_1">Market Risk [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MarketRiskLineItems_lbl" xml:lang="en-US" id="id_11322428_3426456_2_1">Market Risk [line items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MarketRiskLineItems" xlink:to="td_MarketRiskLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MarketRiskTable" xlink:label="td_MarketRiskTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MarketRiskTable_lbl" xml:lang="en-US" id="id_11322428_3474558_3_1">Market Risk [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MarketRiskTable_lbl" xml:lang="en-US" id="id_11322428_3474558_1_1">Market Risk [table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MarketRiskTable_lbl" xml:lang="en-US" id="id_11322428_3474558_2_1">Market Risk [table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MarketRiskTable" xlink:to="td_MarketRiskTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US" id="id_11322428_3421968_1_1">Maturity [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US" id="id_11322428_3421968_2_1">Maturity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MaximumNumberOfSharesApprovedForRepurchase" xlink:label="td_MaximumNumberOfSharesApprovedForRepurchase"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MaximumNumberOfSharesApprovedForRepurchase_lbl" xml:lang="en-US" id="id_11322428_3467931_3_1">Maximum number of shares approved for repurchase.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MaximumNumberOfSharesApprovedForRepurchase_lbl" xml:lang="en-US" id="id_11322428_3467931_1_1">Maximum number of shares approved for repurchase</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MaximumNumberOfSharesApprovedForRepurchase_lbl" xml:lang="en-US" id="id_11322428_3467931_2_1">Maximum number of shares approved for repurchase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MaximumNumberOfSharesApprovedForRepurchase" xlink:to="td_MaximumNumberOfSharesApprovedForRepurchase_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases" xlink:label="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases_lbl" xml:lang="en-US" id="id_11322428_3530027_3_1">Maximum ownership percentage that can result after stock repurchases.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases_lbl" xml:lang="en-US" id="id_11322428_3530027_1_1">Maximum ownership percentage that can result after stock repurchases.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases_lbl" xml:lang="en-US" id="id_11322428_3530027_2_1">Maximum ownership percentage of the bank that is allowed to result after stock repurchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases" xlink:to="td_MaximumOwnershipPercentageThatCanResultAfterStockRepurchases_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MeasurementAxis" xlink:label="ifrs-full_MeasurementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US" id="id_11322428_3421501_1_1">Measurement [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US" id="id_11322428_3421501_2_1">Measurement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MediumRiskMember" xlink:label="td_MediumRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486004_3_1">Medium risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486004_1_1">Medium risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3486004_2_1">Medium risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MediumRiskMember" xlink:to="td_MediumRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousAssetsAbstract" xlink:label="ifrs-full_MiscellaneousAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3421517_1_1">Miscellaneous assets [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MiscellaneousAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3421517_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousAssetsAbstract" xlink:to="ifrs-full_MiscellaneousAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousLiabilitiesAbstract" xlink:label="ifrs-full_MiscellaneousLiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousLiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3421520_1_1">Miscellaneous liabilities [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MiscellaneousLiabilitiesAbstract_lbl" xml:lang="en-US" id="id_11322428_3421520_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousLiabilitiesAbstract" xlink:to="ifrs-full_MiscellaneousLiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_lbl" xml:lang="en-US" id="id_11322428_3421984_1_1">Miscellaneous other operating expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_lbl" xml:lang="en-US" id="id_11322428_3421984_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MortgageBackedSecurities1Member" xlink:label="td_MortgageBackedSecurities1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MortgageBackedSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3495982_3_1">Mortgage-backed securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MortgageBackedSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3495982_1_1">Mortgage Backed Securities1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MortgageBackedSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3495982_2_1">Mortgage-backed securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MortgageBackedSecurities1Member" xlink:to="td_MortgageBackedSecurities1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_MortgageBackedSecuritiesMember" xlink:label="td_MortgageBackedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_MortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3497127_3_1">Mortgage- backed securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_MortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3497127_1_1">Mortgage- backed securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_MortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3497127_2_1">Mortgage- backed securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_MortgageBackedSecuritiesMember" xlink:to="td_MortgageBackedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MortgagesMember" xlink:label="ifrs-full_MortgagesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MortgagesMember_lbl" xml:lang="en-US" id="id_11322428_3422009_1_1">Mortgages [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_MortgagesMember_lbl" xml:lang="en-US" id="id_11322428_3422009_2_1">Mortgages [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MortgagesMember" xlink:to="ifrs-full_MortgagesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NationalHousingActMortgageBackedSecuritiesMember" xlink:label="td_NationalHousingActMortgageBackedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NationalHousingActMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3485954_3_1">National Housing Act mortgage backed securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NationalHousingActMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3485954_1_1">National Housing Act mortgage backed securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NationalHousingActMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3485954_2_1">National Housing Act mortgage backed securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NationalHousingActMortgageBackedSecuritiesMember" xlink:to="td_NationalHousingActMortgageBackedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NCIBMember" xlink:label="td_NCIBMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NCIBMember_lbl" xml:lang="en-US" id="id_11322428_3528978_3_1">NCIB.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NCIBMember_lbl" xml:lang="en-US" id="id_11322428_3528978_1_1">NCIB[member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NCIBMember_lbl" xml:lang="en-US" id="id_11322428_3528978_2_1">Normal Course Issuer Bid [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NCIBMember" xlink:to="td_NCIBMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses" xlink:label="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567031_3_1">Represents the changes in the allowance related to cash flow changes associated with new draws or repayments on credit outstanding.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567031_1_1">Net Draws Repayments In Allowance Account For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567031_2_1">Net repayments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses" xlink:to="td_NetDrawsRepaymentsInAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets" xlink:label="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets_lbl" xml:lang="en-US" id="id_11322428_3462095_3_1">The net cash outflow for the purchases, net of sales, or other changes to land, buildings, equipment, and other depreciable assets, classified as investing activities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets_lbl" xml:lang="en-US" id="id_11322428_3462095_1_1">Net purchases of land, buildings, equipment, and other depreciable assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets_lbl" xml:lang="en-US" id="id_11322428_3462095_14_1">Net purchases of land, buildings, equipment, and other depreciable assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets" xlink:to="td_NetPurchasesOfLandBuildingsEquipmentAndOtherDepreciableAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NetRealizedGainsLossesOnSecurities" xlink:label="td_NetRealizedGainsLossesOnSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3461821_3_1">Net realized gains (losses) on securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3461821_1_1">Net realized gains losses on securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3461821_2_1">Net realized gains (losses)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_NetRealizedGainsLossesOnSecurities_lbl" xml:lang="en-US" id="id_11322428_3461821_12_1">Net securities gain (loss) (Note 5)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NetRealizedGainsLossesOnSecurities" xlink:to="td_NetRealizedGainsLossesOnSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NettedDerivativesMember" xlink:label="td_NettedDerivativesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NettedDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3567218_3_1">Netted Derivatives.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NettedDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3567218_1_1">Netted Derivatives [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NettedDerivativesMember_lbl" xml:lang="en-US" id="id_11322428_3567218_2_1">Netted Derivatives [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NettedDerivativesMember" xlink:to="td_NettedDerivativesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NextRedemptionConversionDate" xlink:label="td_NextRedemptionConversionDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NextRedemptionConversionDate_lbl" xml:lang="en-US" id="id_11322428_3471155_3_1">Next Redemption Conversion Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NextRedemptionConversionDate_lbl" xml:lang="en-US" id="id_11322428_3471155_1_1">Next Redemption Conversion Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NextRedemptionConversionDate_lbl" xml:lang="en-US" id="id_11322428_3471155_2_1">Next redemption/conversion date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NextRedemptionConversionDate" xlink:to="td_NextRedemptionConversionDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US" id="id_11322428_3421584_1_1">Non-adjusting events after reporting period [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US" id="id_11322428_3421584_2_1">Non-adjusting events after reporting period [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="ifrs-full_NonadjustingEventsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsMember_lbl" xml:lang="en-US" id="id_11322428_3421585_1_1">Non-adjusting events after reporting period [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NonadjustingEventsMember_lbl" xml:lang="en-US" id="id_11322428_3421585_2_1">Non-adjusting events after reporting period [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsMember" xlink:to="ifrs-full_NonadjustingEventsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonAgencyCollateralizedMortgageObligationPortfolioMember" xlink:label="td_NonAgencyCollateralizedMortgageObligationPortfolioMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonAgencyCollateralizedMortgageObligationPortfolioMember_lbl" xml:lang="en-US" id="id_11322428_3510869_3_1">Non Agency Collateralized Mortgage Obligation Portfolio [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonAgencyCollateralizedMortgageObligationPortfolioMember_lbl" xml:lang="en-US" id="id_11322428_3510869_1_1">Non Agency Collateralized Mortgage Obligation Portfolio [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonAgencyCollateralizedMortgageObligationPortfolioMember_lbl" xml:lang="en-US" id="id_11322428_3510869_2_1">Non Agency Collateralized Mortgage Obligation Portfolio [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonAgencyCollateralizedMortgageObligationPortfolioMember" xlink:to="td_NonAgencyCollateralizedMortgageObligationPortfolioMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="ifrs-full_NoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3421633_1_1">Non-controlling interests</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3421633_2_1">Non-controlling interests in subsidiaries (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="ifrs-full_NoncontrollingInterestsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl" xml:lang="en-US" id="id_11322428_3421587_1_1">Non-controlling interests [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl" xml:lang="en-US" id="id_11322428_3421587_2_1">Non-controlling interests in subsidiaries [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract_lbl" xml:lang="en-US" id="id_11322428_3421637_1_1">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract_lbl" xml:lang="en-US" id="id_11322428_3421637_2_1">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract" xlink:to="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwnersAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestBearingDepositsMember" xlink:label="td_NonInterestBearingDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestBearingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479030_3_1">Non interest bearing deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestBearingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479030_1_1">Non interest bearing deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestBearingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3479030_2_1">Non interest bearing deposits [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestBearingDepositsMember" xlink:to="td_NonInterestBearingDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestExpense1" xlink:label="td_NonInterestExpense1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestExpense1_lbl" xml:lang="en-US" id="id_11322428_3446841_3_1">Total non-interest expenses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestExpense1_lbl" xml:lang="en-US" id="id_11322428_3446841_1_1">Non Interest Expense 1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestExpense1_lbl" xml:lang="en-US" id="id_11322428_3446841_2_1">Total non-interest expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_NonInterestExpense1_lbl" xml:lang="en-US" id="id_11322428_3446841_6_1">Total non-interest expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestExpense1" xlink:to="td_NonInterestExpense1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestExpense1Abstract" xlink:label="td_NonInterestExpense1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestExpense1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431012_3_1">Non interest expense 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestExpense1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431012_1_1">Non interest expense 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestExpense1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431012_2_1">Non-interest expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestExpense1Abstract" xlink:to="td_NonInterestExpense1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestExpenseOther" xlink:label="td_NonInterestExpenseOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestExpenseOther_lbl" xml:lang="en-US" id="id_11322428_3448127_3_1">Non interest expense, other.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestExpenseOther_lbl" xml:lang="en-US" id="id_11322428_3448127_1_1">Non interest expense, other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestExpenseOther_lbl" xml:lang="en-US" id="id_11322428_3448127_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestExpenseOther" xlink:to="td_NonInterestExpenseOther_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestIncome1" xlink:label="td_NonInterestIncome1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestIncome1_lbl" xml:lang="en-US" id="id_11322428_3446839_3_1">Total non-interest income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestIncome1_lbl" xml:lang="en-US" id="id_11322428_3446839_1_1">Non Interest Income1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestIncome1_lbl" xml:lang="en-US" id="id_11322428_3446839_2_1">Non-interest income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_NonInterestIncome1_lbl" xml:lang="en-US" id="id_11322428_3446839_6_1">Total non-interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestIncome1" xlink:to="td_NonInterestIncome1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInterestIncome1Abstract" xlink:label="td_NonInterestIncome1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInterestIncome1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431011_3_1">Non interest income 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInterestIncome1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431011_1_1">Non interest income 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInterestIncome1Abstract_lbl" xml:lang="en-US" id="id_11322428_3431011_2_1">Non-interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInterestIncome1Abstract" xlink:to="td_NonInterestIncome1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInvestmentGradeMember" xlink:label="td_NonInvestmentGradeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3495958_3_1">Non-investment grade.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3495958_1_1">Non investment grade [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInvestmentGradeMember_lbl" xml:lang="en-US" id="id_11322428_3495958_2_1">Non investment grade [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInvestmentGradeMember" xlink:to="td_NonInvestmentGradeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonInvestmentGradeOrMediumRiskMember" xlink:label="td_NonInvestmentGradeOrMediumRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonInvestmentGradeOrMediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496168_3_1">Non investment grade or medium risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonInvestmentGradeOrMediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496168_1_1">Non Investment Grade Or Medium Risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonInvestmentGradeOrMediumRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496168_2_1">Non investment grade or medium risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonInvestmentGradeOrMediumRiskMember" xlink:to="td_NonInvestmentGradeOrMediumRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonOperatingIncomeExpense1" xlink:label="td_NonOperatingIncomeExpense1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonOperatingIncomeExpense1_lbl" xml:lang="en-US" id="id_11322428_3446682_3_1">Non Operating Income Expense1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonOperatingIncomeExpense1_lbl" xml:lang="en-US" id="id_11322428_3446682_1_1">Non Operating Income Expense1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_NonOperatingIncomeExpense1_lbl" xml:lang="en-US" id="id_11322428_3446682_14_1">Other expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonOperatingIncomeExpense1" xlink:to="td_NonOperatingIncomeExpense1_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonRetailExposuresMember" xlink:label="td_NonRetailExposuresMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonRetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512656_3_1">Non retail exposures.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonRetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512656_1_1">Non Retail Exposures [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonRetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512656_2_1">Non retail exposures [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonRetailExposuresMember" xlink:to="td_NonRetailExposuresMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448751_3_1">Non trading financial assets at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448751_1_1">Non trading financial assets at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448751_2_1">Non-trading financial assets at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="id_11322428_3448751_12_1">Non-trading financial assets at fair value through profit or loss (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3431951_3_1">Non trading financial assets at fair value through profit or loss [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3431951_1_1">Non trading financial assets at fair value through profit or loss [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl" xml:lang="en-US" id="id_11322428_3431951_2_1">Non-trading financial assets at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:to="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3496316_3_1">Non trading financial assets at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3496316_1_1">Non trading financial assets at fair value through profit or loss [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="id_11322428_3496316_2_1">Non trading financial assets at fair value through profit or loss [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember" xlink:to="td_NonTradingFinancialAssetsAtFairValueThroughProfitOrLossMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonTradingLoansAtFairValue" xlink:label="td_NonTradingLoansAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonTradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448765_3_1">Non Trading loans at fair value.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonTradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448765_1_1">Non Trading loans at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonTradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3448765_2_1">Non-trading loans at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonTradingLoansAtFairValue" xlink:to="td_NonTradingLoansAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NonViabilityContingentCapitalSeriesTwentyTwoMember" xlink:label="td_NonViabilityContingentCapitalSeriesTwentyTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NonViabilityContingentCapitalSeriesTwentyTwoMember_lbl" xml:lang="en-US" id="id_11322428_3543479_3_1">Non-viability contingent capital series twenty two.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NonViabilityContingentCapitalSeriesTwentyTwoMember_lbl" xml:lang="en-US" id="id_11322428_3543479_1_1">Non Viability Contingent Capital Series Twenty Two [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NonViabilityContingentCapitalSeriesTwentyTwoMember_lbl" xml:lang="en-US" id="id_11322428_3543479_2_1">Non-viability Contingent Capital Series 22 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NonViabilityContingentCapitalSeriesTwentyTwoMember" xlink:to="td_NonViabilityContingentCapitalSeriesTwentyTwoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NormalRiskMember" xlink:label="td_NormalRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3493908_3_1">Normal risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3493908_1_1">Normal Risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NormalRiskMember_lbl" xml:lang="en-US" id="id_11322428_3493908_2_1">Normal risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NormalRiskMember" xlink:to="td_NormalRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NoSpecificMaturityMember" xlink:label="td_NoSpecificMaturityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NoSpecificMaturityMember_lbl" xml:lang="en-US" id="id_11322428_3485363_3_1">No specific maturity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NoSpecificMaturityMember_lbl" xml:lang="en-US" id="id_11322428_3485363_1_1">No specific maturity [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NoSpecificMaturityMember_lbl" xml:lang="en-US" id="id_11322428_3485363_2_1">No specific maturity [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NoSpecificMaturityMember" xlink:to="td_NoSpecificMaturityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NoticeDeposits" xlink:label="td_NoticeDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NoticeDeposits_lbl" xml:lang="en-US" id="id_11322428_3462001_3_1">Includes Notice Deposits from Personal, Bank, Business and Government, and Trading Deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NoticeDeposits_lbl" xml:lang="en-US" id="id_11322428_3462001_1_1">Notice Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NoticeDeposits_lbl" xml:lang="en-US" id="id_11322428_3462001_2_1">Notice</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NoticeDeposits" xlink:to="td_NoticeDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US" id="id_11322428_3421667_1_1">Notional amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US" id="id_11322428_3421667_2_1">Notional amounts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotLaterThanOneMonthMember" xlink:label="ifrs-full_NotLaterThanOneMonthMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneMonthMember_lbl" xml:lang="en-US" id="id_11322428_3421668_1_1">Not later than one month [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NotLaterThanOneMonthMember_lbl" xml:lang="en-US" id="id_11322428_3421668_2_1">Not later than one month [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneMonthMember" xlink:to="ifrs-full_NotLaterThanOneMonthMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:label="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_lbl" xml:lang="en-US" id="id_11322428_3422350_1_1">Not measured at fair value in statement of financial position but for which fair value is disclosed [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_lbl" xml:lang="en-US" id="id_11322428_3422350_2_1">Not measured at fair value in statement of financial position but for which fair value is disclosed [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:to="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfCommonSharesRepurchasedForCancellation" xlink:label="td_NumberOfCommonSharesRepurchasedForCancellation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3468000_3_1">Number of Common shares repurchased for cancellation.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3468000_1_1">Number Of Common Shares Repurchased For Cancellation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3468000_2_1">Common shares repurchase programs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfCommonSharesRepurchasedForCancellation" xlink:to="td_NumberOfCommonSharesRepurchasedForCancellation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US" id="id_11322428_3422057_1_1">Number of share options granted in share-based payment arrangement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US" id="id_11322428_3422057_2_1">Granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="ifrs-full_NumberOfSharesIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US" id="id_11322428_3422510_1_1">Number of shares issued</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US" id="id_11322428_3422510_2_1">Common shares issued</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US" id="id_11322428_3422510_16_1">Ending balance, Number of shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US" id="id_11322428_3422510_17_1">Beginning balance, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesIssuedDuringPeriod" xlink:label="td_NumberOfSharesIssuedDuringPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesIssuedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468939_3_1">Shares issued through the initial public offering of new shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesIssuedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468939_1_1">Number of shares issued during period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesIssuedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468939_2_1">Shares issued, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesIssuedDuringPeriod" xlink:to="td_NumberOfSharesIssuedDuringPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation" xlink:label="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation_lbl" xml:lang="en-US" id="id_11322428_3467922_3_1">Number of shares issued in relation to acquisition of subsidiary or associated corporation.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation_lbl" xml:lang="en-US" id="id_11322428_3467922_1_1">Number of shares issued in relation to acquisition of subsidiary or associated corporation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation_lbl" xml:lang="en-US" id="id_11322428_3467922_2_1">Shares issued in connection with acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation" xlink:to="td_NumberOfSharesIssuedInRelationToAcquisitionOfSubsidiaryOrAssociatedCorporation_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesIssuedUnderDividendReinvestmentPlan" xlink:label="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3468514_3_1">Number of shares issued under dividend reinvestment plan.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3468514_1_1">Number Of Shares Issued Under Dividend Reinvestment Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3468514_2_1">Shares issued as a result of dividend reinvestment plan, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan" xlink:to="td_NumberOfSharesIssuedUnderDividendReinvestmentPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesIssuedUponExerciseOfStockOptions" xlink:label="td_NumberOfSharesIssuedUponExerciseOfStockOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesIssuedUponExerciseOfStockOptions_lbl" xml:lang="en-US" id="id_11322428_3468380_3_1">Number Of Shares Issued Upon Exercise Of Stock Options</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesIssuedUponExerciseOfStockOptions_lbl" xml:lang="en-US" id="id_11322428_3468380_1_1">Number Of Shares Issued Upon Exercise Of Stock Options</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesIssuedUponExerciseOfStockOptions_lbl" xml:lang="en-US" id="id_11322428_3468380_2_1">Proceeds from shares issued on exercise of stock options, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesIssuedUponExerciseOfStockOptions" xlink:to="td_NumberOfSharesIssuedUponExerciseOfStockOptions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="ifrs-full_NumberOfSharesOutstanding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US" id="id_11322428_3422357_1_1">Number of shares outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US" id="id_11322428_3422357_4_1">Ending balance, Number of shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US" id="id_11322428_3422357_5_1">Beginning balance, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesRedeemedDuringPeriod" xlink:label="td_NumberOfSharesRedeemedDuringPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesRedeemedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468001_3_1">Number of shares redeemed during period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesRedeemedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468001_1_1">Number Of Shares redeemed During Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesRedeemedDuringPeriod_lbl" xml:lang="en-US" id="id_11322428_3468001_2_1">Shares redeemed, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesRedeemedDuringPeriod" xlink:to="td_NumberOfSharesRedeemedDuringPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_NumberOfSharesRepurchased" xlink:label="td_NumberOfSharesRepurchased"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_NumberOfSharesRepurchased_lbl" xml:lang="en-US" id="id_11322428_3469049_3_1">Number of shares repurchased.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_NumberOfSharesRepurchased_lbl" xml:lang="en-US" id="id_11322428_3469049_1_1">Number of shares repurchased</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_NumberOfSharesRepurchased_lbl" xml:lang="en-US" id="id_11322428_3469049_2_1">Stock repurchased</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_NumberOfSharesRepurchased" xlink:to="td_NumberOfSharesRepurchased_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ObligationsRelatedToSecuritiesSoldShort" xlink:label="td_ObligationsRelatedToSecuritiesSoldShort"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ObligationsRelatedToSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3529071_3_1">Obligations related to securities sold short.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ObligationsRelatedToSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3529071_1_1">Obligations related to securities sold short</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ObligationsRelatedToSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3529071_2_1">Obligations related to securities sold short</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_ObligationsRelatedToSecuritiesSoldShort_lbl" xml:lang="en-US" id="id_11322428_3529071_12_1">Obligations related to securities sold short (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ObligationsRelatedToSecuritiesSoldShort" xlink:to="td_ObligationsRelatedToSecuritiesSoldShort_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ObligationsRelatedToSecuritiesSoldShortMember" xlink:label="td_ObligationsRelatedToSecuritiesSoldShortMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ObligationsRelatedToSecuritiesSoldShortMember_lbl" xml:lang="en-US" id="id_11322428_3477310_3_1">Obligations Related to Securities Sold Short [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ObligationsRelatedToSecuritiesSoldShortMember_lbl" xml:lang="en-US" id="id_11322428_3477310_1_1">Obligations Related to Securities Sold Short [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ObligationsRelatedToSecuritiesSoldShortMember_lbl" xml:lang="en-US" id="id_11322428_3477310_2_1">Obligations Related to Securities Sold Short [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ObligationsRelatedToSecuritiesSoldShortMember" xlink:to="td_ObligationsRelatedToSecuritiesSoldShortMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements" xlink:label="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements_lbl" xml:lang="en-US" id="id_11322428_3456676_3_1">Obligations related to securities sold under repurchase agreements.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements_lbl" xml:lang="en-US" id="id_11322428_3456676_1_1">Obligations related to securities sold under repurchase agreements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements_lbl" xml:lang="en-US" id="id_11322428_3456676_2_1">Obligations related to securities sold under repurchase agreements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements_lbl" xml:lang="en-US" id="id_11322428_3456676_12_1">Obligations related to securities sold under repurchase agreements (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements" xlink:to="td_ObligationsRelatedToSecuritiesSoldUnderRepurchaseAgreements_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OccupancyExpense" xlink:label="ifrs-full_OccupancyExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OccupancyExpense_lbl" xml:lang="en-US" id="id_11322428_3422514_1_1">Occupancy expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OccupancyExpense_lbl" xml:lang="en-US" id="id_11322428_3422514_2_1">Occupancy, including depreciation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OccupancyExpense" xlink:to="ifrs-full_OccupancyExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OffBalanceSheetCommitmentsAbstract" xlink:label="td_OffBalanceSheetCommitmentsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OffBalanceSheetCommitmentsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431656_3_1">Off balance sheet commitments [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OffBalanceSheetCommitmentsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431656_1_1">Off balance sheet commitments [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OffBalanceSheetCommitmentsAbstract_lbl" xml:lang="en-US" id="id_11322428_3431656_2_1">Off-balance sheet commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OffBalanceSheetCommitmentsAbstract" xlink:to="td_OffBalanceSheetCommitmentsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OffBalanceSheetCreditExposureNetOfAllowance" xlink:label="td_OffBalanceSheetCreditExposureNetOfAllowance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OffBalanceSheetCreditExposureNetOfAllowance_lbl" xml:lang="en-US" id="id_11322428_3448894_3_1">Off Balance Sheet Credit Exposure Net of Allowance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OffBalanceSheetCreditExposureNetOfAllowance_lbl" xml:lang="en-US" id="id_11322428_3448894_1_1">Off Balance Sheet Credit Exposure Net of Allowance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_OffBalanceSheetCreditExposureNetOfAllowance_lbl" xml:lang="en-US" id="id_11322428_3448894_6_1">Total off balance sheet credit instruments, net of allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OffBalanceSheetCreditExposureNetOfAllowance" xlink:to="td_OffBalanceSheetCreditExposureNetOfAllowance_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OffBalanceSheetCreditInstruments" xlink:label="td_OffBalanceSheetCreditInstruments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OffBalanceSheetCreditInstruments_lbl" xml:lang="en-US" id="id_11322428_3462028_3_1">Off balance sheet credit instruments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OffBalanceSheetCreditInstruments_lbl" xml:lang="en-US" id="id_11322428_3462028_1_1">Off Balance Sheet Credit Instruments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OffBalanceSheetCreditInstruments_lbl" xml:lang="en-US" id="id_11322428_3462028_2_1">Off balance sheet credit instruments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OffBalanceSheetCreditInstruments" xlink:to="td_OffBalanceSheetCreditInstruments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OffbalanceSheetCreditRisksMember" xlink:label="td_OffbalanceSheetCreditRisksMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OffbalanceSheetCreditRisksMember_lbl" xml:lang="en-US" id="id_11322428_3494236_3_1">Off-balance sheet credit risks.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OffbalanceSheetCreditRisksMember_lbl" xml:lang="en-US" id="id_11322428_3494236_1_1">Off-balance sheet credit risks [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OffbalanceSheetCreditRisksMember_lbl" xml:lang="en-US" id="id_11322428_3494236_2_1">Off-balance sheet credit risks [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OffbalanceSheetCreditRisksMember" xlink:to="td_OffbalanceSheetCreditRisksMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="ifrs-full_OperatingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingExpense_lbl" xml:lang="en-US" id="id_11322428_3422069_1_1">Operating expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OperatingExpense_lbl" xml:lang="en-US" id="id_11322428_3422069_6_1">Total operating expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpense" xlink:to="ifrs-full_OperatingExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OperatingLeaseCommitmentsMember" xlink:label="td_OperatingLeaseCommitmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OperatingLeaseCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494797_3_1">Operating lease commitments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OperatingLeaseCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494797_1_1">Operating lease commitments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OperatingLeaseCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494797_2_1">Operating lease commitments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OperatingLeaseCommitmentsMember" xlink:to="td_OperatingLeaseCommitmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OptionsMember" xlink:label="td_OptionsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OptionsMember_lbl" xml:lang="en-US" id="id_11322428_3509547_3_1">Options [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OptionsMember_lbl" xml:lang="en-US" id="id_11322428_3509547_1_1">Options [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OptionsMember_lbl" xml:lang="en-US" id="id_11322428_3509547_2_1">Options [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OptionsMember" xlink:to="td_OptionsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OrdinarySharesMember" xlink:label="ifrs-full_OrdinarySharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xml:lang="en-US" id="id_11322428_3422519_1_1">Ordinary shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xml:lang="en-US" id="id_11322428_3422519_2_1">Common shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OriginationsPurchasesInAllowanceAccountForCreditLosses" xlink:label="td_OriginationsPurchasesInAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OriginationsPurchasesInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567030_3_1">Represents the increase in the allowance resulting from credit that were newly originated, purchased, or renewed.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OriginationsPurchasesInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567030_1_1">Originations Purchases In Allowance Account For Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OriginationsPurchasesInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3567030_2_1">New originations or purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OriginationsPurchasesInAllowanceAccountForCreditLosses" xlink:to="td_OriginationsPurchasesInAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:label="ifrs-full_OtherAdjustmentsToReconcileProfitLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAdjustmentsToReconcileProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3421703_1_1">Other adjustments to reconcile profit (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherAdjustmentsToReconcileProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3421703_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:to="ifrs-full_OtherAdjustmentsToReconcileProfitLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherAssets" xlink:label="ifrs-full_OtherAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US" id="id_11322428_3422076_1_1">Other assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US" id="id_11322428_3422076_32_1">Other assets, net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US" id="id_11322428_3422076_2_1">Other assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US" id="id_11322428_3422076_6_1">Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US" id="id_11322428_3422076_12_1">Other assets (Note 10)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssets" xlink:to="ifrs-full_OtherAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3422081_1_1">Other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3422081_6_1">Total other comprehensive income (loss), net of income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3422082_1_1">Other comprehensive income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3422082_2_1">Other comprehensive income (loss), net of income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3422532_1_1">Other comprehensive income, net of tax, cash flow hedges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3422532_2_1">Other comprehensive income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xml:lang="en-US" id="id_11322428_3422532_6_1">Net change in gains (losses) on derivatives designated as cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_lbl" xml:lang="en-US" id="id_11322428_3422533_1_1">Other comprehensive income, net of tax, change in fair value of financial liability attributable to change in credit risk of liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_lbl" xml:lang="en-US" id="id_11322428_3422533_2_1">Change in fair value due to credit risk on financial liabilities designated at fair value through profit or loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_lbl" xml:lang="en-US" id="id_11322428_3422533_12_1">Other comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations" xlink:label="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3461825_3_1">The amount of other comprehensive income, net of tax, related to exchange differences when financial statements of foreign operations are translated net of hedges of net investments in foreign operations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3461825_1_1">Other comprehensive income net of tax exchange differences on translation net of hedges in foreign operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3461825_2_1">Other comprehensive income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations_lbl" xml:lang="en-US" id="id_11322428_3461825_6_1">Net change in unrealized foreign currency translation gains (losses) on investments in foreign operations, net of hedging activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations" xlink:to="td_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationNetOfHedgesInForeignOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3422386_1_1">Other comprehensive income, net of tax, financial assets measured at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3422386_2_1">Other comprehensive income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3422386_6_1">Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xml:lang="en-US" id="id_11322428_3422538_1_1">Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xml:lang="en-US" id="id_11322428_3422538_2_1">Actuarial gains (losses) on employee benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3422392_1_1">Other comprehensive income that will not be reclassified to profit or loss, net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3422392_6_1">Other comprehensive income that will not be reclassified to profit or loss net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherCurrencyMember" xlink:label="td_OtherCurrencyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherCurrencyMember_lbl" xml:lang="en-US" id="id_11322428_3476077_3_1">Other Currency [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherCurrencyMember_lbl" xml:lang="en-US" id="id_11322428_3476077_1_1">Other Currency [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherCurrencyMember_lbl" xml:lang="en-US" id="id_11322428_3476077_2_1">Other Currency [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherCurrencyMember" xlink:to="td_OtherCurrencyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherDebtSecurities1Member" xlink:label="td_OtherDebtSecurities1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherDebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3494884_3_1">Other debt securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherDebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3494884_1_1">Other debt securities1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherDebtSecurities1Member_lbl" xml:lang="en-US" id="id_11322428_3494884_2_1">Other debt securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherDebtSecurities1Member" xlink:to="td_OtherDebtSecurities1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherDepositsMember" xlink:label="td_OtherDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3509918_3_1">Other deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3509918_1_1">Other Deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3509918_2_1">Other Deposits [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherDepositsMember" xlink:to="td_OtherDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherIssuersMember" xlink:label="td_OtherIssuersMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3530880_3_1">Other issuers [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3530880_1_1">Other issuers [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherIssuersMember_lbl" xml:lang="en-US" id="id_11322428_3530880_2_1">Other issuers [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherIssuersMember" xlink:to="td_OtherIssuersMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherLiabilities" xlink:label="ifrs-full_OtherLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422104_1_1">Other liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422104_2_1">Other liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422104_6_1">Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422104_12_1">Other liabilities (Note 12)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherLiabilities" xlink:to="ifrs-full_OtherLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherMarketableSecuritiesAndOrLoansMember" xlink:label="td_OtherMarketableSecuritiesAndOrLoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherMarketableSecuritiesAndOrLoansMember_lbl" xml:lang="en-US" id="id_11322428_3494776_3_1">Other marketable securities and/or loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherMarketableSecuritiesAndOrLoansMember_lbl" xml:lang="en-US" id="id_11322428_3494776_1_1">Other marketable securities and/or loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherMarketableSecuritiesAndOrLoansMember_lbl" xml:lang="en-US" id="id_11322428_3494776_2_1">Other marketable securities and/or loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherMarketableSecuritiesAndOrLoansMember" xlink:to="td_OtherMarketableSecuritiesAndOrLoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherMiscellaneousAssets" xlink:label="td_OtherMiscellaneousAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherMiscellaneousAssets_lbl" xml:lang="en-US" id="id_11322428_3446430_3_1">Other miscellaneous assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherMiscellaneousAssets_lbl" xml:lang="en-US" id="id_11322428_3446430_1_1">Other miscellaneous assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_OtherMiscellaneousAssets_lbl" xml:lang="en-US" id="id_11322428_3446430_6_1">Total other miscellaneous assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherMiscellaneousAssets" xlink:to="td_OtherMiscellaneousAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherMiscellaneousLiabilities" xlink:label="td_OtherMiscellaneousLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherMiscellaneousLiabilities_lbl" xml:lang="en-US" id="id_11322428_3446452_3_1">Other miscellaneous liabilities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherMiscellaneousLiabilities_lbl" xml:lang="en-US" id="id_11322428_3446452_1_1">Other miscellaneous liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_OtherMiscellaneousLiabilities_lbl" xml:lang="en-US" id="id_11322428_3446452_6_1">Total other miscellaneous liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherMiscellaneousLiabilities" xlink:to="td_OtherMiscellaneousLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherMovementsFairValueMeasurementAssets" xlink:label="td_OtherMovementsFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherMovementsFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3462071_3_1">Other movements in Fair Value Measurement Assets consisting of sales, settlements, and foreign exchange.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherMovementsFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3462071_1_1">Other movements fair value measurement assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_OtherMovementsFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3462071_14_1">Movements others</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherMovementsFairValueMeasurementAssets" xlink:to="td_OtherMovementsFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherMovementsFairValueMeasurementLiabilities" xlink:label="td_OtherMovementsFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherMovementsFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3462070_3_1">Other movements in Fair Value Measurement Liabilities consisting of sales, settlements, and foreign exchange.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherMovementsFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3462070_1_1">Other movements fair value measurement liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherMovementsFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3462070_2_1">Movements others</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherMovementsFairValueMeasurementLiabilities" xlink:to="td_OtherMovementsFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherOECDGovernmentGuaranteedDebtMember" xlink:label="td_OtherOECDGovernmentGuaranteedDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherOECDGovernmentGuaranteedDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477327_3_1">Other OECD government guaranteed debt.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherOECDGovernmentGuaranteedDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477327_1_1">Other OECD Government Guaranteed Debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherOECDGovernmentGuaranteedDebtMember_lbl" xml:lang="en-US" id="id_11322428_3477327_2_1">Other OECD government-guaranteed debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherOECDGovernmentGuaranteedDebtMember" xlink:to="td_OtherOECDGovernmentGuaranteedDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherPensionAndRetirementPlansMember" xlink:label="td_OtherPensionAndRetirementPlansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherPensionAndRetirementPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510893_3_1">Other pension and retirement plans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherPensionAndRetirementPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510893_1_1">Other pension and retirement plans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherPensionAndRetirementPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510893_2_1">Other pension and retirement plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherPensionAndRetirementPlansMember" xlink:to="td_OtherPensionAndRetirementPlansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherProvisions" xlink:label="ifrs-full_OtherProvisions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US" id="id_11322428_3422109_1_1">Other provisions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US" id="id_11322428_3422109_2_1">Provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="ifrs-full_OtherProvisionsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherProvisionsMember_lbl" xml:lang="en-US" id="id_11322428_3422111_1_1">Other provisions [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherProvisionsMember_lbl" xml:lang="en-US" id="id_11322428_3422111_2_1">Other provisions [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisionsMember" xlink:to="ifrs-full_OtherProvisionsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherPurchaseObligationsMember" xlink:label="td_OtherPurchaseObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherPurchaseObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494798_3_1">Other purchase obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherPurchaseObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494798_1_1">Other purchase obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherPurchaseObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494798_2_1">Other purchase obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherPurchaseObligationsMember" xlink:to="td_OtherPurchaseObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherReservesMember" xlink:label="ifrs-full_OtherReservesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReservesMember_lbl" xml:lang="en-US" id="id_11322428_3421741_1_1">Other reserves [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherReservesMember_lbl" xml:lang="en-US" id="id_11322428_3421741_2_1">Other reserves [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherRevenue" xlink:label="ifrs-full_OtherRevenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherRevenue_lbl" xml:lang="en-US" id="id_11322428_3422416_1_1">Other revenue</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherRevenue_lbl" xml:lang="en-US" id="id_11322428_3422416_2_1">Fee-based and other revenue</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherRevenue_lbl" xml:lang="en-US" id="id_11322428_3422416_12_1">Other income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherRevenue" xlink:to="ifrs-full_OtherRevenue_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherSovereignObligationsMember" xlink:label="td_OtherSovereignObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherSovereignObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494779_3_1">Other sovereign obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherSovereignObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494779_1_1">Other sovereign obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherSovereignObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494779_2_1">Other sovereign obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherSovereignObligationsMember" xlink:to="td_OtherSovereignObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_OtherThanCanadianDollarMember" xlink:label="td_OtherThanCanadianDollarMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_OtherThanCanadianDollarMember_lbl" xml:lang="en-US" id="id_11322428_3494771_3_1">Non-Canadian dollar-denominated</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_OtherThanCanadianDollarMember_lbl" xml:lang="en-US" id="id_11322428_3494771_1_1">Other than Canadian dollar [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_OtherThanCanadianDollarMember_lbl" xml:lang="en-US" id="id_11322428_3494771_2_1">Other than Canadian dollar [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_OtherThanCanadianDollarMember" xlink:to="td_OtherThanCanadianDollarMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ParentMember" xlink:label="ifrs-full_ParentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ParentMember_lbl" xml:lang="en-US" id="id_11322428_3422124_1_1">Parent [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ParentMember_lbl" xml:lang="en-US" id="id_11322428_3422124_2_1">Toronto-Dominion Bank [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParentMember" xlink:to="ifrs-full_ParentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="ifrs-full_ParValuePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ParValuePerShare_lbl" xml:lang="en-US" id="id_11322428_3422421_1_1">Par value per share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ParValuePerShare_lbl" xml:lang="en-US" id="id_11322428_3422421_2_1">Share price per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PastDueStatusAxis" xlink:label="ifrs-full_PastDueStatusAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US" id="id_11322428_3421750_1_1">Past due status [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US" id="id_11322428_3421750_2_1">Past due status [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PastDueStatusMember" xlink:label="ifrs-full_PastDueStatusMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusMember_lbl" xml:lang="en-US" id="id_11322428_3422574_1_1">Past due status [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PastDueStatusMember_lbl" xml:lang="en-US" id="id_11322428_3422574_2_1">Past due status [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusMember" xlink:to="ifrs-full_PastDueStatusMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3422423_1_1">Past service cost, net defined benefit liability (asset)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" id="id_11322428_3422423_2_1">Past service cost (credit)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PayableToBrokersDealersAndClearingOrganizations" xlink:label="td_PayableToBrokersDealersAndClearingOrganizations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PayableToBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438089_3_1">Payable to brokers, dealers, and clearing organizations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PayableToBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438089_1_1">Payable to brokers, dealers, and clearing organizations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PayableToBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438089_2_1">Payable to brokers, dealers, and clearing organizations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PayableToBrokersDealersAndClearingOrganizations" xlink:to="td_PayableToBrokersDealersAndClearingOrganizations_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PayableToBrokersDealersAndClients" xlink:label="td_PayableToBrokersDealersAndClients"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PayableToBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3446624_3_1">Payable to brokers, dealers and clients.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PayableToBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3446624_1_1">Payable to brokers, dealers and clients</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PayableToBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3446624_2_1">Amounts payable to brokers, dealers, and clients</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PayableToBrokersDealersAndClients" xlink:to="td_PayableToBrokersDealersAndClients_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PayableToClients" xlink:label="td_PayableToClients"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PayableToClients_lbl" xml:lang="en-US" id="id_11322428_3530890_3_1">Payable to clients.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PayableToClients_lbl" xml:lang="en-US" id="id_11322428_3530890_1_1">Payable to clients</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PayableToClients_lbl" xml:lang="en-US" id="id_11322428_3530890_2_1">Payable to clients</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PayableToClients" xlink:to="td_PayableToClients_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PaymentForCommonSharesRepurchasedForCancellation" xlink:label="td_PaymentForCommonSharesRepurchasedForCancellation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PaymentForCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3438297_3_1">Payment for common shares repurchased for cancellation.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PaymentForCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3438297_1_1">Payment For Common Shares Repurchased For Cancellation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_PaymentForCommonSharesRepurchasedForCancellation_lbl" xml:lang="en-US" id="id_11322428_3438297_14_1">Repurchase of common shares (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PaymentForCommonSharesRepurchasedForCancellation" xlink:to="td_PaymentForCommonSharesRepurchasedForCancellation_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PaymentsForPurchaseOfTreasuryShares" xlink:label="td_PaymentsForPurchaseOfTreasuryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PaymentsForPurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3456964_3_1">Payments for purchase of treasury shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PaymentsForPurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3456964_1_1">Payments for purchase of treasury shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_PaymentsForPurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3456964_14_1">Purchase of treasury shares (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PaymentsForPurchaseOfTreasuryShares" xlink:to="td_PaymentsForPurchaseOfTreasuryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding" xlink:label="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding_lbl" xml:lang="en-US" id="id_11322428_3523305_3_1">Percentage of personnel and commercial deposits in aggregate bank funding.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding_lbl" xml:lang="en-US" id="id_11322428_3523305_1_1">Percentage of personnel and commercial deposits in aggregate bank funding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding_lbl" xml:lang="en-US" id="id_11322428_3523305_2_1">Percentage of P&amp;C deposits in total funding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding" xlink:to="td_PercentageOfPersonnelAndCommercialDepositsInAggregateBankFunding_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xml:lang="en-US" id="id_11322428_3422429_1_1">Percentage of voting equity interests acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xml:lang="en-US" id="id_11322428_3422429_2_1">Acquisition of outstanding equity percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PersonalAndCommercialDepositsMember" xlink:label="td_PersonalAndCommercialDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PersonalAndCommercialDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3494756_3_1">Personal and commercial deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PersonalAndCommercialDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3494756_1_1">Personal and commercial deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PersonalAndCommercialDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3494756_2_1">P&amp;C Deposits [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PersonalAndCommercialDepositsMember" xlink:to="td_PersonalAndCommercialDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PersonalDepositMember" xlink:label="td_PersonalDepositMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PersonalDepositMember_lbl" xml:lang="en-US" id="id_11322428_3479035_3_1">Personal deposit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PersonalDepositMember_lbl" xml:lang="en-US" id="id_11322428_3479035_1_1">Personal Deposit [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PersonalDepositMember_lbl" xml:lang="en-US" id="id_11322428_3479035_2_1">Personal [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PersonalDepositMember" xlink:to="td_PersonalDepositMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PersonalDeposits" xlink:label="td_PersonalDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PersonalDeposits_lbl" xml:lang="en-US" id="id_11322428_3447865_3_1">Personal deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PersonalDeposits_lbl" xml:lang="en-US" id="id_11322428_3447865_1_1">Personal deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PersonalDeposits_lbl" xml:lang="en-US" id="id_11322428_3447865_2_1">Personal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PersonalDeposits" xlink:to="td_PersonalDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember" xlink:label="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember_lbl" xml:lang="en-US" id="id_11322428_3512659_3_1">Personal lines of credit and credit card lines cancellable and bank's discretion.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember_lbl" xml:lang="en-US" id="id_11322428_3512659_1_1">Personal lines of credit and credit card lines cancellable and bank's discretion [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember_lbl" xml:lang="en-US" id="id_11322428_3512659_2_1">Personal lines of credit and credit card lines cancellable and bank's discretion [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember" xlink:to="td_PersonalLinesOfCreditAndCreditCardLinesCancellableAndBanksDiscretionMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PositiveTradingPercentage" xlink:label="td_PositiveTradingPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PositiveTradingPercentage_lbl" xml:lang="en-US" id="id_11322428_3523333_3_1">Positive Trading Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PositiveTradingPercentage_lbl" xml:lang="en-US" id="id_11322428_3523333_1_1">Positive Trading Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PositiveTradingPercentage_lbl" xml:lang="en-US" id="id_11322428_3523333_2_1">Positive trading days</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PositiveTradingPercentage" xlink:to="td_PositiveTradingPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" xml:lang="en-US" id="id_11322428_3421770_1_1">Post-employment benefit expense, defined benefit plans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" xml:lang="en-US" id="id_11322428_3421770_6_1">Total expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PreferenceSharesAnnualYieldPercentage" xlink:label="td_PreferenceSharesAnnualYieldPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PreferenceSharesAnnualYieldPercentage_lbl" xml:lang="en-US" id="id_11322428_3526413_3_1">Preference shares annual yield percentage.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PreferenceSharesAnnualYieldPercentage_lbl" xml:lang="en-US" id="id_11322428_3526413_1_1">Preference shares annual yield percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PreferenceSharesAnnualYieldPercentage_lbl" xml:lang="en-US" id="id_11322428_3526413_2_1">Annual yield</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PreferenceSharesAnnualYieldPercentage" xlink:to="td_PreferenceSharesAnnualYieldPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="ifrs-full_PreferenceSharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PreferenceSharesMember_lbl" xml:lang="en-US" id="id_11322428_3421773_1_1">Preference shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PreferenceSharesMember_lbl" xml:lang="en-US" id="id_11322428_3421773_2_1">Preferred shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreferenceSharesMember" xlink:to="ifrs-full_PreferenceSharesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PreferredSharesMember" xlink:label="td_PreferredSharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PreferredSharesMember_lbl" xml:lang="en-US" id="id_11322428_3477349_3_1">Preferred Shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PreferredSharesMember_lbl" xml:lang="en-US" id="id_11322428_3477349_1_1">Preferred Shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PreferredSharesMember_lbl" xml:lang="en-US" id="id_11322428_3477349_2_1">Preferred shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PreferredSharesMember" xlink:to="td_PreferredSharesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PreferredSharesResetSpreadRate" xlink:label="td_PreferredSharesResetSpreadRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PreferredSharesResetSpreadRate_lbl" xml:lang="en-US" id="id_11322428_3546783_3_1">Preferred shares reset spread rate.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PreferredSharesResetSpreadRate_lbl" xml:lang="en-US" id="id_11322428_3546783_1_1">Preferred shares reset spread rate</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PreferredSharesResetSpreadRate_lbl" xml:lang="en-US" id="id_11322428_3546783_2_1">Reset spread</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PreferredSharesResetSpreadRate" xlink:to="td_PreferredSharesResetSpreadRate_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction" xlink:label="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437911_3_1">Prepayment plus applicable sales tax, future purchase of loyalty points over a ten year period, pending completion of transaction.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437911_1_1">Prepayment plus applicable sales tax, future purchase of loyalty points over a ten year period, pending completion of transaction</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction_lbl" xml:lang="en-US" id="id_11322428_3437911_2_1">Prepayment plus applicable sales tax future purchase of loyalty points over tens year period, pending completion of transaction</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction" xlink:to="td_PrepaymentPlusApplicableSalesTaxFuturePurchaseOfLoyaltyPointsOverTenYearPeriodPendingCompletionOfTransaction_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Prepayments" xlink:label="ifrs-full_Prepayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Prepayments_lbl" xml:lang="en-US" id="id_11322428_3422605_1_1">Prepayments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Prepayments_lbl" xml:lang="en-US" id="id_11322428_3422605_2_1">Prepaid expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Prepayments" xlink:to="ifrs-full_Prepayments_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PrincipalNonPensionPostRetirementBenefitPlansMember" xlink:label="td_PrincipalNonPensionPostRetirementBenefitPlansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PrincipalNonPensionPostRetirementBenefitPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510891_3_1">Principal non pension post retirement benefit plans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PrincipalNonPensionPostRetirementBenefitPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510891_1_1">Principal non pension post retirement benefit plans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PrincipalNonPensionPostRetirementBenefitPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510891_2_1">Principal non-pension post-retirement benefit plan [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PrincipalNonPensionPostRetirementBenefitPlansMember" xlink:to="td_PrincipalNonPensionPostRetirementBenefitPlansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PrincipalPensionPlansMember" xlink:label="td_PrincipalPensionPlansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PrincipalPensionPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510890_3_1">Principal pension plans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PrincipalPensionPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510890_1_1">Principal Pension Plans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PrincipalPensionPlansMember_lbl" xml:lang="en-US" id="id_11322428_3510890_2_1">Principal pension plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PrincipalPensionPlansMember" xlink:to="td_PrincipalPensionPlansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl" xml:lang="en-US" id="id_11322428_3422155_1_1">Proceeds from issue of ordinary shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl" xml:lang="en-US" id="id_11322428_3422155_2_1">Common shares issued (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:to="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromIssueOfPreferenceShares" xlink:label="ifrs-full_ProceedsFromIssueOfPreferenceShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssueOfPreferenceShares_lbl" xml:lang="en-US" id="id_11322428_3422451_1_1">Proceeds from issue of preference shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromIssueOfPreferenceShares_lbl" xml:lang="en-US" id="id_11322428_3422451_2_1">Preferred shares issued (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssueOfPreferenceShares" xlink:to="ifrs-full_ProceedsFromIssueOfPreferenceShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost" xlink:label="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462092_3_1">Proceeds from maturity of debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462092_1_1">Proceeds from maturity of debt securities at amortized cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462092_2_1">Proceeds from maturities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost" xlink:to="td_ProceedsFromMaturityOfDebtSecuritiesAtAmortizedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448700_3_1">Proceeds from maturity financial assets at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448700_1_1">Proceeds from maturity of financial assets at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448700_2_1">Proceeds from maturities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_ProceedsFromMaturityOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost" xlink:label="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462997_3_1">Proceeds from sale of debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462997_1_1">Proceeds from sale of debt securities at amortized cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3462997_2_1">Proceeds from sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost" xlink:to="td_ProceedsFromSaleOfDebtSecuritiesAtAmortizedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3421784_1_1">Proceeds from sale or issue of treasury shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3421784_2_1">Sale of treasury shares (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448701_3_1">Proceeds from sale financial assets at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448701_1_1">Proceeds from sales of financial assets at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3448701_2_1">Proceeds from sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_ProceedsFromSalesOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfessionalFeesExpense" xlink:label="ifrs-full_ProfessionalFeesExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl" xml:lang="en-US" id="id_11322428_3423109_1_1">Professional fees expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl" xml:lang="en-US" id="id_11322428_3423109_2_1">Professional and advisory services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3423110_1_1">Profit (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3423110_2_1">Net income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3423110_6_1">Net income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US" id="id_11322428_3423110_12_1">Net income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ifrs-full_ProfitLossAttributableToAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToAbstract_lbl" xml:lang="en-US" id="id_11322428_3423112_1_1">Profit (loss), attributable to [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossAttributableToAbstract_lbl" xml:lang="en-US" id="id_11322428_3423112_2_1">Attributable to:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToAbstract" xlink:to="ifrs-full_ProfitLossAttributableToAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3423113_1_1">Profit (loss), attributable to non-controlling interests</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3423113_2_1">Net income attributable to non-controlling interests in subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3423113_12_1">Non-controlling interests in subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests" xlink:label="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3448130_3_1">Net income available to common shareholders and non-controlling interests in subsidiaries.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3448130_1_1">Profit (Loss), Attributable To Ordinary Equity Holders And Non-Controlling Interests</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_11322428_3448130_6_1">Net income available to common shareholders and non-controlling interests in subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests" xlink:to="td_ProfitLossAttributableToOrdinaryEquityHoldersAndNoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US" id="id_11322428_3422160_1_1">Profit (loss), attributable to ordinary equity holders of parent entity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US" id="id_11322428_3422160_2_1">Common shareholders</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xml:lang="en-US" id="id_11322428_3421789_1_1">Profit (loss), attributable to ordinary equity holders of parent entity including dilutive effects</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xml:lang="en-US" id="id_11322428_3421789_2_1">Net income available to common shareholders including impact of dilutive securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3421790_1_1">Profit (loss), attributable to owners of parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xml:lang="en-US" id="id_11322428_3421790_2_1">Net income attributable to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US" id="id_11322428_3422161_1_1">Profit (loss) before tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US" id="id_11322428_3422161_6_1">Pre-tax income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates" xlink:label="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3443844_3_1">Profit (Loss) Before Tax and Equity in Net Income of an Investment in TD Ameritrade.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3443844_1_1">Profit Loss Before Tax and Equity in Net Income of Investment in Associates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3443844_6_1">Income before income taxes and equity in net income of an investment in TD Ameritrade</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates" xlink:to="td_ProfitLossBeforeTaxAndEquityInNetIncomeOfInvestmentInAssociates_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates" xlink:label="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3462083_3_1">The profit (loss) from continuing operations before tax expense or income, and including equity pickup in TD Ameritrade.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3462083_1_1">Profit loss before tax including equity in net income of investment in associates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates_lbl" xml:lang="en-US" id="id_11322428_3462083_14_1">Net income before income taxes, including equity in net income of an investment in TD Ameritrade</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates" xlink:to="td_ProfitLossBeforeTaxIncludingEquityInNetIncomeOfInvestmentInAssociates_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_11322428_3423123_1_1">Property, plant and equipment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_11322428_3423123_2_1">Land, buildings, equipment, and other depreciable assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xml:lang="en-US" id="id_11322428_3422176_1_1">Proportion of ownership interest in associate</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xml:lang="en-US" id="id_11322428_3422176_2_1">Equity investment percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ProvincialGovernmentObligationsMember" xlink:label="td_ProvincialGovernmentObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ProvincialGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494774_3_1">Provincial government obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ProvincialGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494774_1_1">Provincial government obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ProvincialGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494774_2_1">Provincial government obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ProvincialGovernmentObligationsMember" xlink:to="td_ProvincialGovernmentObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProvisionsForEmployeeBenefits" xlink:label="ifrs-full_ProvisionsForEmployeeBenefits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionsForEmployeeBenefits_lbl" xml:lang="en-US" id="id_11322428_3422683_1_1">Provisions for employee benefits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProvisionsForEmployeeBenefits_lbl" xml:lang="en-US" id="id_11322428_3422683_2_1">Accrued salaries and employee benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionsForEmployeeBenefits" xlink:to="ifrs-full_ProvisionsForEmployeeBenefits_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3451293_3_1">Purchase of financial assets at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3451293_1_1">Purchase of financial assets at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3451293_14_1">Purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_PurchaseOfFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="ifrs-full_PurchaseOfTreasuryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3422690_1_1">Purchase of treasury shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3422690_14_1">Purchase of shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3422690_18_1">Purchase of shares, Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfTreasuryShares" xlink:to="ifrs-full_PurchaseOfTreasuryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PurchaseOfTreasurySharesShares" xlink:label="td_PurchaseOfTreasurySharesShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PurchaseOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468626_3_1">Purchase of Treasury Shares Shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PurchaseOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468626_1_1">Purchase of Treasury Shares Shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_PurchaseOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468626_2_1">Purchase of shares, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PurchaseOfTreasurySharesShares" xlink:to="td_PurchaseOfTreasurySharesShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchasesFairValueMeasurementAssets" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3422691_1_1">Purchases, fair value measurement, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets_lbl" xml:lang="en-US" id="id_11322428_3422691_2_1">Movements purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="ifrs-full_PurchasesFairValueMeasurementAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422692_1_1">Purchases, fair value measurement, liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422692_2_1">Movements purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:to="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_PurchasesOfDebtSecuritiesAtAmortizedCost" xlink:label="td_PurchasesOfDebtSecuritiesAtAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_PurchasesOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3448714_3_1">Purchases of debt securities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_PurchasesOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3448714_1_1">Purchases of debt securities at amortized cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_PurchasesOfDebtSecuritiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3448714_14_1">Purchases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_PurchasesOfDebtSecuritiesAtAmortizedCost" xlink:to="td_PurchasesOfDebtSecuritiesAtAmortizedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US" id="id_11322428_3422662_1_1">Range [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US" id="id_11322428_3422662_2_1">Range [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RangesMember" xlink:label="ifrs-full_RangesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangesMember_lbl" xml:lang="en-US" id="id_11322428_3422700_1_1">Ranges [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RangesMember_lbl" xml:lang="en-US" id="id_11322428_3422700_2_1">Ranges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangesMember" xlink:to="ifrs-full_RangesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RealEstateSecuredPersonalLendingMember" xlink:label="td_RealEstateSecuredPersonalLendingMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RealEstateSecuredPersonalLendingMember_lbl" xml:lang="en-US" id="id_11322428_3494150_3_1">Real estate secured personal lending.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RealEstateSecuredPersonalLendingMember_lbl" xml:lang="en-US" id="id_11322428_3494150_1_1">Real estate secured personal lending [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RealEstateSecuredPersonalLendingMember_lbl" xml:lang="en-US" id="id_11322428_3494150_2_1">Real estate secured personal lending [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RealEstateSecuredPersonalLendingMember" xlink:to="td_RealEstateSecuredPersonalLendingMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:label="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540951_3_1">Realized gains (losses) on equity securities designated at fair value through other comprehensive income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540951_1_1">Realized gains (losses) on equity securities designated at fair value through other comprehensive income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11322428_3540951_2_1">Realized gains (losses) on equity securities designated at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="td_RealizedGainsLossesOnEquitySecuritiesDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ReceivableFromBrokersDealersAndClearingOrganizations" xlink:label="td_ReceivableFromBrokersDealersAndClearingOrganizations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ReceivableFromBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438783_3_1">Receivables from brokers, dealers, and clearing organizations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ReceivableFromBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438783_1_1">Receivables from brokers, dealers, and clearing organizations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ReceivableFromBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11322428_3438783_2_1">Receivables from brokers, dealers, and clearing organizations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ReceivableFromBrokersDealersAndClearingOrganizations" xlink:to="td_ReceivableFromBrokersDealersAndClearingOrganizations_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ReceivableFromBrokersDealersAndClients" xlink:label="td_ReceivableFromBrokersDealersAndClients"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ReceivableFromBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3438263_3_1">Receivable from brokers, dealers and clients.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ReceivableFromBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3438263_1_1">Receivable from brokers, dealers and clients</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ReceivableFromBrokersDealersAndClients_lbl" xml:lang="en-US" id="id_11322428_3438263_2_1">Amounts receivable from brokers, dealers, and clients</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ReceivableFromBrokersDealersAndClients" xlink:to="td_ReceivableFromBrokersDealersAndClients_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:label="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461824_3_1">Reclassification adjustment of changes in allowance for credit losses on debt securities at fair value through other comprehensive income net of tax.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461824_1_1">Reclassification adjustment of changes in allowance for credit losses on debt securities at fair value through other comprehensive income net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461824_14_1">Allowance for credit losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461824_18_1">Reclassification to earnings of changes in allowance for credit losses on debt securities at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:to="td_ReclassificationAdjustmentOfChangesInAllowanceForCreditLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:label="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461822_3_1">Reclassification adjustment of gains (losses) on debt securities at fair value through other comprehensive income net of tax.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461822_1_1">Reclassification adjustment of gains/losses on debt securities at fair value through other comprehensive income net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461822_14_1">Reclassification to earnings of net losses (gains) in respect of debt securities at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:to="td_ReclassificationAdjustmentOfGainsLossesOnDebtSecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3422206_1_1">Reclassification adjustments on cash flow hedges, net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3422206_14_1">Reclassification to earnings of losses (gains) on cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RecognisedAssetsDefinedBenefitPlan" xlink:label="ifrs-full_RecognisedAssetsDefinedBenefitPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RecognisedAssetsDefinedBenefitPlan_lbl" xml:lang="en-US" id="id_11322428_3423559_1_1">Net defined benefit asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RecognisedAssetsDefinedBenefitPlan_lbl" xml:lang="en-US" id="id_11322428_3423559_2_1">Defined benefit asset</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RecognisedAssetsDefinedBenefitPlan" xlink:to="ifrs-full_RecognisedAssetsDefinedBenefitPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan" xlink:label="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan_lbl" xml:lang="en-US" id="id_11322428_3423561_1_1">Net defined benefit liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan_lbl" xml:lang="en-US" id="id_11322428_3423561_2_1">Defined benefit liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan" xlink:to="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract" xlink:label="ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3422730_1_1">Reconciliation of changes in fair value measurement, assets [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract_lbl" xml:lang="en-US" id="id_11322428_3422730_2_1">Reconciliation of changes in fair value measurement, assets [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInFairValueMeasurementAssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RecurringFairValueMeasurementMember" xlink:label="ifrs-full_RecurringFairValueMeasurementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RecurringFairValueMeasurementMember_lbl" xml:lang="en-US" id="id_11322428_3423178_1_1">Recurring fair value measurement [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RecurringFairValueMeasurementMember_lbl" xml:lang="en-US" id="id_11322428_3423178_2_1">Recurring fair value measurement [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RecurringFairValueMeasurementMember" xlink:to="ifrs-full_RecurringFairValueMeasurementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities" xlink:label="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities_lbl" xml:lang="en-US" id="id_11322428_3543472_3_1">Redemption of non-controlling interests in subsidiaries, classified as financing activities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities_lbl" xml:lang="en-US" id="id_11322428_3543472_1_1">Redemption of non-controlling interests in subsidiaries, classified as financing activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities_lbl" xml:lang="en-US" id="id_11322428_3543472_14_1">Redemption of non-controlling interests in subsidiaries (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities" xlink:to="td_RedemptionOfNoncontrollingInterestsInSubsidiariesClassifiedAsFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RedemptionOfPreferredShares" xlink:label="td_RedemptionOfPreferredShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3446531_3_1">Redemption of preferred shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3446531_1_1">Redemption of preferred shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_RedemptionOfPreferredShares_lbl" xml:lang="en-US" id="id_11322428_3446531_14_1">Shares redeemed, Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RedemptionOfPreferredShares" xlink:to="td_RedemptionOfPreferredShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RedemptionPricePerShare" xlink:label="td_RedemptionPricePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RedemptionPricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522926_3_1">Redemption price per share.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RedemptionPricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522926_1_1">Redemption price per share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RedemptionPricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522926_2_1">Redemption price per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RedemptionPricePerShare" xlink:to="td_RedemptionPricePerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReductionOfIssuedCapital" xlink:label="ifrs-full_ReductionOfIssuedCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReductionOfIssuedCapital_lbl" xml:lang="en-US" id="id_11322428_3423568_1_1">Reduction of issued capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ReductionOfIssuedCapital_lbl" xml:lang="en-US" id="id_11322428_3423568_14_1">Purchase of shares for cancellation and other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_ReductionOfIssuedCapital_lbl" xml:lang="en-US" id="id_11322428_3423568_18_1">Purchase of shares for cancellation and other, Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReductionOfIssuedCapital" xlink:to="ifrs-full_ReductionOfIssuedCapital_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RegulatoryCapitalAndCapitalRatiosAbstract" xlink:label="td_RegulatoryCapitalAndCapitalRatiosAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RegulatoryCapitalAndCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3431567_3_1">Regulatory capital and capital ratios [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RegulatoryCapitalAndCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3431567_1_1">Regulatory capital and capital ratios [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RegulatoryCapitalAndCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3431567_2_1">Regulatory capital and capital ratios [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RegulatoryCapitalAndCapitalRatiosAbstract" xlink:to="td_RegulatoryCapitalAndCapitalRatiosAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RemeasurementInAllowanceAccountForCreditLosses" xlink:label="td_RemeasurementInAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RemeasurementInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3461985_3_1">Remeasurement in Allowance Account for Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RemeasurementInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3461985_1_1">Remeasurement in Allowance Account for Credit Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RemeasurementInAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3461985_2_1">Net remeasurement due to transfers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RemeasurementInAllowanceAccountForCreditLosses" xlink:to="td_RemeasurementInAllowanceAccountForCreditLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:label="ifrs-full_RepaymentsOfSubordinatedLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfSubordinatedLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422756_1_1">Repayments of subordinated liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfSubordinatedLiabilities_lbl" xml:lang="en-US" id="id_11322428_3422756_14_1">Redemption or repurchase of subordinated notes and debentures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:to="ifrs-full_RepaymentsOfSubordinatedLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RepurchasesOfSharesAmount" xlink:label="td_RepurchasesOfSharesAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RepurchasesOfSharesAmount_lbl" xml:lang="en-US" id="id_11322428_3437767_3_1">Repurchases of shares amount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RepurchasesOfSharesAmount_lbl" xml:lang="en-US" id="id_11322428_3437767_1_1">Repurchases of shares amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RepurchasesOfSharesAmount_lbl" xml:lang="en-US" id="id_11322428_3437767_2_1">Repurchases amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RepurchasesOfSharesAmount" xlink:to="td_RepurchasesOfSharesAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReserveOfCashFlowHedgesMember" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember_lbl" xml:lang="en-US" id="id_11322428_3422761_1_1">Reserve of cash flow hedges [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember_lbl" xml:lang="en-US" id="id_11322428_3422761_2_1">Net gain (loss) on derivatives designated as cash flow hedges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfCashFlowHedgesMember" xlink:to="ifrs-full_ReserveOfCashFlowHedgesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:label="ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_lbl" xml:lang="en-US" id="id_11322428_3423585_1_1">Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_lbl" xml:lang="en-US" id="id_11322428_3423585_2_1">Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:to="ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" xml:lang="en-US" id="id_11322428_3423592_1_1">Reserve of exchange differences on translation [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" xml:lang="en-US" id="id_11322428_3423592_2_1">Net unrealized foreign currency translation gain (loss) on investments in foreign operations, net of hedging activities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReservesWithinEquityAxis" xlink:label="ifrs-full_ReservesWithinEquityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReservesWithinEquityAxis_lbl" xml:lang="en-US" id="id_11322428_3423600_1_1">Reserves within equity [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReservesWithinEquityAxis_lbl" xml:lang="en-US" id="id_11322428_3423600_2_1">Reserves within equity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReservesWithinEquityAxis" xlink:to="ifrs-full_ReservesWithinEquityAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ResidentialMortgageLoans" xlink:label="td_ResidentialMortgageLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ResidentialMortgageLoans_lbl" xml:lang="en-US" id="id_11322428_3435247_3_1">Residential mortgage loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ResidentialMortgageLoans_lbl" xml:lang="en-US" id="id_11322428_3435247_1_1">Residential Mortgage Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ResidentialMortgageLoans_lbl" xml:lang="en-US" id="id_11322428_3435247_2_1">Residential mortgages</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ResidentialMortgageLoans" xlink:to="td_ResidentialMortgageLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ResidentialMortgagesMember" xlink:label="td_ResidentialMortgagesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ResidentialMortgagesMember_lbl" xml:lang="en-US" id="id_11322428_3479709_3_1">Residential mortgages.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ResidentialMortgagesMember_lbl" xml:lang="en-US" id="id_11322428_3479709_1_1">Residential mortgages [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ResidentialMortgagesMember_lbl" xml:lang="en-US" id="id_11322428_3479709_2_1">Residential mortgages [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ResidentialMortgagesMember" xlink:to="td_ResidentialMortgagesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RestatedMember" xlink:label="ifrs-full_RestatedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RestatedMember_lbl" xml:lang="en-US" id="id_11322428_3423218_1_1">Currently stated [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RestatedMember_lbl" xml:lang="en-US" id="id_11322428_3423218_2_1">Currently stated [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestatedMember" xlink:to="ifrs-full_RestatedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RetailExposuresMember" xlink:label="td_RetailExposuresMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512655_3_1">Retail exposures.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512655_1_1">Retail Exposures [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RetailExposuresMember_lbl" xml:lang="en-US" id="id_11322428_3512655_2_1">Retail exposures [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RetailExposuresMember" xlink:to="td_RetailExposuresMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="ifrs-full_RetainedEarnings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3422771_1_1">Retained earnings</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3422771_2_1">Retained earnings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="ifrs-full_RetainedEarningsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US" id="id_11322428_3422911_1_1">Retained earnings [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US" id="id_11322428_3422911_2_1">Retained earnings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RetainedInterest1Member" xlink:label="td_RetainedInterest1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RetainedInterest1Member_lbl" xml:lang="en-US" id="id_11322428_3491113_3_1">Retained interests.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RetainedInterest1Member_lbl" xml:lang="en-US" id="id_11322428_3491113_1_1">Retained Interest 1 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RetainedInterest1Member_lbl" xml:lang="en-US" id="id_11322428_3491113_2_1">Retained interests [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RetainedInterest1Member" xlink:to="td_RetainedInterest1Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xml:lang="en-US" id="id_11322428_3422913_1_1">Retrospective application and retrospective restatement [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xml:lang="en-US" id="id_11322428_3422913_2_1">Retrospective application and retrospective restatement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US" id="id_11322428_3422778_1_1">Revenue</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US" id="id_11322428_3422778_2_1">Total revenue</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US" id="id_11322428_3422778_6_1">Total revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueAbstract" xlink:label="ifrs-full_RevenueAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueAbstract_lbl" xml:lang="en-US" id="id_11322428_3422914_1_1">Revenue [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevenueAbstract_lbl" xml:lang="en-US" id="id_11322428_3422914_2_1">Revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueAbstract" xlink:to="ifrs-full_RevenueAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromDividends" xlink:label="ifrs-full_RevenueFromDividends"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromDividends_lbl" xml:lang="en-US" id="id_11322428_3422785_1_1">Dividend income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevenueFromDividends_lbl" xml:lang="en-US" id="id_11322428_3422785_2_1">Dividends</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromDividends" xlink:to="ifrs-full_RevenueFromDividends_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromInterest" xlink:label="ifrs-full_RevenueFromInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US" id="id_11322428_3423613_1_1">Interest income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US" id="id_11322428_3423613_2_1">Interest income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US" id="id_11322428_3423613_6_1">Total interest income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US" id="id_11322428_3423613_12_1">Net interest revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3422801_1_1">Reversal, allowance account for credit losses of financial assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3422801_2_1">Recoveries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl" xml:lang="en-US" id="id_11322428_3422934_1_1">Reverse repurchase agreements and cash collateral on securities borrowed</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl" xml:lang="en-US" id="id_11322428_3422934_2_1">Securities purchased under reverse repurchase agreements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl" xml:lang="en-US" id="id_11322428_3422934_12_1">Securities purchased under reverse repurchase agreements (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RiskDiversificationEffectMember" xlink:label="ifrs-full_RiskDiversificationEffectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RiskDiversificationEffectMember_lbl" xml:lang="en-US" id="id_11322428_3422940_1_1">Risk diversification effect [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RiskDiversificationEffectMember_lbl" xml:lang="en-US" id="id_11322428_3422940_2_1">Risk diversification effect [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RiskDiversificationEffectMember" xlink:to="ifrs-full_RiskDiversificationEffectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio" xlink:label="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448198_3_1">Risk-weighted assets used to calculate common equity tier 1 capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448198_1_1">Risk Weighted Assets Used In Calculating Common Equity Tier1 Capital Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448198_2_1">Common Equity Tier 1 Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio" xlink:to="td_RiskWeightedAssetsUsedInCalculatingCommonEquityTier1CapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448199_3_1">Risk-weighted assets used to calculate tier 1 capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448199_1_1">Risk Weighted Assets Used In Calculating Tier1 Capital Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448199_2_1">Tier 1 Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio" xlink:to="td_RiskWeightedAssetsUsedInCalculatingTier1CapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448200_3_1">Risk-weighted assets used to calculate total capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448200_1_1">Risk Weighted Assets Used In Calculating Total Capital Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3448200_2_1">Total Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio" xlink:to="td_RiskWeightedAssetsUsedInCalculatingTotalCapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract" xlink:label="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427419_3_1">Risk-weighted assets used in calculation of capital ratios.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427419_1_1">Risk-weighted assets used in calculation of capital ratios [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract_lbl" xml:lang="en-US" id="id_11322428_3427419_2_1">Risk-weighted assets used in the calculation of capital ratios</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract" xlink:to="td_RiskweightedAssetsUsedInCalculationOfCapitalRatiosAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SaleOrIssueOfTreasuryShares" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3423246_1_1">Sale or issue of treasury shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3423246_2_1">Sale of shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3423246_12_1">Sale of shares, Amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_SaleOrIssueOfTreasuryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SaleOrIssueOfTreasurySharesShares" xlink:label="td_SaleOrIssueOfTreasurySharesShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SaleOrIssueOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468518_3_1">Sale or issue of treasury shares, shares.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SaleOrIssueOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468518_1_1">Sale or issue of treasury shares, shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SaleOrIssueOfTreasurySharesShares_lbl" xml:lang="en-US" id="id_11322428_3468518_2_1">Sale of shares, Number of shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SaleOrIssueOfTreasurySharesShares" xlink:to="td_SaleOrIssueOfTreasurySharesShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="ifrs-full_SalesAndMarketingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SalesAndMarketingExpense_lbl" xml:lang="en-US" id="id_11322428_3422816_1_1">Sales and marketing expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SalesAndMarketingExpense_lbl" xml:lang="en-US" id="id_11322428_3422816_2_1">Marketing and business development</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesAndMarketingExpense" xlink:to="ifrs-full_SalesAndMarketingExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets" xlink:label="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3546801_3_1">Scalars for inclusion in the common equity tier 1 capital risk weighted assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3546801_1_1">Scalars for Inclusion in Common Equity Tier 1 Capital Risk Weighted Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3546801_2_1">Scalars for inclusion in the common equity tier 1 risk-weighted assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets" xlink:to="td_ScalarsForInclusionInCommonEquityTier1CapitalRiskWeightedAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets" xlink:label="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527896_3_1">Scalars for inclusion in the tier 1 capital risk weighted assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527896_1_1">Scalars for Inclusion in Tier 1 Capital Risk Weighted Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527896_2_1">Scalars for inclusion in the tier 1 risk-weighted assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets" xlink:to="td_ScalarsForInclusionInTier1CapitalRiskWeightedAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets" xlink:label="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527897_3_1">Scalars for inclusion in the total capital risk weighted assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527897_1_1">Scalars for Inclusion in Total Capital Risk Weighted Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11322428_3527897_2_1">Scalars for inclusion in the total Capital risk-weighted assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets" xlink:to="td_ScalarsForInclusionInTotalCapitalRiskWeightedAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives" xlink:label="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives_lbl" xml:lang="en-US" id="id_11322428_3462717_3_1">Securities received as collateral from securities financing and derivative transactions.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives_lbl" xml:lang="en-US" id="id_11322428_3462717_1_1">Securities Collateral Received Securities Financing And Derivatives</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives_lbl" xml:lang="en-US" id="id_11322428_3462717_2_1">Securities received as collateral from securities financing and derivative transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives" xlink:to="td_SecuritiesCollateralReceivedSecuritiesFinancingAndDerivatives_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SecuritiesDisposedMember" xlink:label="td_SecuritiesDisposedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SecuritiesDisposedMember_lbl" xml:lang="en-US" id="id_11322428_3546764_3_1">Securities disposed.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SecuritiesDisposedMember_lbl" xml:lang="en-US" id="id_11322428_3546764_1_1">Securities disposed [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SecuritiesDisposedMember_lbl" xml:lang="en-US" id="id_11322428_3546764_2_1">Securities disposed [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SecuritiesDisposedMember" xlink:to="td_SecuritiesDisposedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SecuritiesMember" xlink:label="td_SecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3509109_3_1">Securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3509109_1_1">Securities [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SecuritiesMember_lbl" xml:lang="en-US" id="id_11322428_3509109_2_1">Securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SecuritiesMember" xlink:to="td_SecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SecuritizationLiabilitiesAtAmortizedCost" xlink:label="td_SecuritizationLiabilitiesAtAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SecuritizationLiabilitiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3438160_3_1">Securitization liabilities at amortized cost.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SecuritizationLiabilitiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3438160_1_1">Securitization liabilities at amortized cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SecuritizationLiabilitiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3438160_2_1">Securitization liabilities at amortized cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_SecuritizationLiabilitiesAtAmortizedCost_lbl" xml:lang="en-US" id="id_11322428_3438160_12_1">Securitization liabilities at amortized cost (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SecuritizationLiabilitiesAtAmortizedCost" xlink:to="td_SecuritizationLiabilitiesAtAmortizedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SecuritizationLiabilitiesAtFairValue" xlink:label="td_SecuritizationLiabilitiesAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SecuritizationLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3443872_3_1">Securitization liabilities at fair value.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SecuritizationLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3443872_1_1">Securitization Liabilities at Fair Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SecuritizationLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3443872_2_1">Securitization liabilities at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_SecuritizationLiabilitiesAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3443872_12_1">Securitization liabilities at fair value (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SecuritizationLiabilitiesAtFairValue" xlink:to="td_SecuritizationLiabilitiesAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="ifrs-full_SegmentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsAxis_lbl" xml:lang="en-US" id="id_11322428_3422831_1_1">Segments [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SegmentsAxis_lbl" xml:lang="en-US" id="id_11322428_3422831_2_1">Segments [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="ifrs-full_SegmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsMember_lbl" xml:lang="en-US" id="id_11322428_3423663_1_1">Segments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SegmentsMember_lbl" xml:lang="en-US" id="id_11322428_3423663_2_1">Segments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsMember" xlink:to="ifrs-full_SegmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity" xlink:label="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448218_3_1">Sensitivity of after tax economic value at risk of shareholders equity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448218_1_1">Sensitivity of after tax economic value at risk of shareholders equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity_lbl" xml:lang="en-US" id="id_11322428_3448218_2_1">Increase (decrease) on Economic Value of Shareholders' Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity" xlink:to="td_SensitivityOfAfterTaxEconomicValueAtRiskOfShareholdersEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ServiceCharges" xlink:label="td_ServiceCharges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ServiceCharges_lbl" xml:lang="en-US" id="id_11322428_3448425_3_1">The amount of revenue arising from service charges on deposit accounts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ServiceCharges_lbl" xml:lang="en-US" id="id_11322428_3448425_1_1">Service Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ServiceCharges_lbl" xml:lang="en-US" id="id_11322428_3448425_2_1">Service charges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ServiceCharges" xlink:to="td_ServiceCharges_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue" xlink:label="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue_lbl" xml:lang="en-US" id="id_11322428_3546782_3_1">Value of share-based compensation to replace share-based payment awards of acquire.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue_lbl" xml:lang="en-US" id="id_11322428_3546782_1_1">Share based compensation arrangement replacement number of shares value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue_lbl" xml:lang="en-US" id="id_11322428_3546782_2_1">Share-based compensation replacement number of shares value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue" xlink:to="td_ShareBasedCompensationArrangementReplacementNumberOfSharesValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SharebasedPaymentArrangementsMember" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember_lbl" xml:lang="en-US" id="id_11322428_3422970_1_1">Share-based payment arrangements [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember_lbl" xml:lang="en-US" id="id_11322428_3422970_2_1">Share-based payment arrangements [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharebasedPaymentArrangementsMember" xlink:to="ifrs-full_SharebasedPaymentArrangementsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="ifrs-full_ShareIssueRelatedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xml:lang="en-US" id="id_11322428_3422971_1_1">Share issue related cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xml:lang="en-US" id="id_11322428_3422971_14_1">Share issue expenses and others</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3423684_1_1">Share of profit (loss) of associates and joint ventures accounted for using equity method</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3423684_2_1">Equity in net income of an investment in TD Ameritrade</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US" id="id_11322428_3423684_12_1">Equity in net income of an investment in TD Ameritrade (Note 7)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SharePremiumMember" xlink:label="ifrs-full_SharePremiumMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US" id="id_11322428_3422849_1_1">Share premium [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US" id="id_11322428_3422849_2_1">Contributed surplus [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ShareRepurchaseProgramApril2018ToApril2019Member" xlink:label="td_ShareRepurchaseProgramApril2018ToApril2019Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ShareRepurchaseProgramApril2018ToApril2019Member_lbl" xml:lang="en-US" id="id_11322428_3540975_3_1">Share repurchase program April 2018 to April 2019.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ShareRepurchaseProgramApril2018ToApril2019Member_lbl" xml:lang="en-US" id="id_11322428_3540975_1_1">Share repurchase program April 2018 to April 2019 [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ShareRepurchaseProgramApril2018ToApril2019Member_lbl" xml:lang="en-US" id="id_11322428_3540975_2_1">Share repurchase program April 2018 to April 2019 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ShareRepurchaseProgramApril2018ToApril2019Member" xlink:to="td_ShareRepurchaseProgramApril2018ToApril2019Member_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SharesIssuedUnderDividendReinvestmentPlan" xlink:label="td_SharesIssuedUnderDividendReinvestmentPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3443979_3_1">Shares Issued Under Dividend Reinvestment Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3443979_1_1">Shares Issued Under Dividend Reinvestment Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SharesIssuedUnderDividendReinvestmentPlan_lbl" xml:lang="en-US" id="id_11322428_3443979_2_1">Shares issued as a result of dividend reinvestment plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SharesIssuedUnderDividendReinvestmentPlan" xlink:to="td_SharesIssuedUnderDividendReinvestmentPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SharesRepurchasedAndCancelledShares" xlink:label="td_SharesRepurchasedAndCancelledShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SharesRepurchasedAndCancelledShares_lbl" xml:lang="en-US" id="id_11322428_3467926_3_1">Shares Repurchased and Cancelled, shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SharesRepurchasedAndCancelledShares_lbl" xml:lang="en-US" id="id_11322428_3467926_1_1">Shares Repurchased and Cancelled, shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="td_SharesRepurchasedAndCancelledShares_lbl" xml:lang="en-US" id="id_11322428_3467926_14_1">Purchase of shares for cancellation and other, Number of Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SharesRepurchasedAndCancelledShares" xlink:to="td_SharesRepurchasedAndCancelledShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SharesRepurchasedAveragePricePerShare" xlink:label="td_SharesRepurchasedAveragePricePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SharesRepurchasedAveragePricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522932_3_1">Shares repurchased average price per share.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SharesRepurchasedAveragePricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522932_1_1">Shares Repurchased Average Price Per Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SharesRepurchasedAveragePricePerShare_lbl" xml:lang="en-US" id="id_11322428_3522932_2_1">Repurchased average price per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SharesRepurchasedAveragePricePerShare" xlink:to="td_SharesRepurchasedAveragePricePerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:label="ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3423694_1_1">Short-term deposits, not classified as cash equivalents</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents_lbl" xml:lang="en-US" id="id_11322428_3423694_2_1">Interest-bearing deposits with banks</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xml:lang="en-US" id="id_11322428_3422992_1_1">Associates [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xml:lang="en-US" id="id_11322428_3422992_2_1">Associates [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US" id="id_11322428_3423286_1_1">Subsidiaries [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US" id="id_11322428_3423286_2_1">Subsidiaries [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StageOneMember" xlink:label="td_StageOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StageOneMember_lbl" xml:lang="en-US" id="id_11322428_3495438_3_1">Stage one.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StageOneMember_lbl" xml:lang="en-US" id="id_11322428_3495438_1_1">Stage One [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StageOneMember_lbl" xml:lang="en-US" id="id_11322428_3495438_2_1">Stage 1 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StageOneMember" xlink:to="td_StageOneMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StageThreeMember" xlink:label="td_StageThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3495855_3_1">Stage three.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3495855_1_1">Stage three [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3495855_2_1">Stage 3 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StageThreeMember" xlink:to="td_StageThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StageTwoMember" xlink:label="td_StageTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3485160_3_1">Stage two.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3485160_1_1">Stage Two [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3485160_2_1">Stage 2 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StageTwoMember" xlink:to="td_StageTwoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StatementLineItems" xlink:label="td_StatementLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StatementLineItems_lbl" xml:lang="en-US" id="id_11322428_3426236_3_1">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StatementLineItems_lbl" xml:lang="en-US" id="id_11322428_3426236_1_1">Statement [line items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StatementLineItems_lbl" xml:lang="en-US" id="id_11322428_3426236_2_1">Statement [LineItems]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StatementLineItems" xlink:to="td_StatementLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" id="id_11322428_3423004_1_1">Statement of cash flows [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" id="id_11322428_3423004_2_1">Statement of cash flows [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3423005_1_1">Statement of comprehensive income [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US" id="id_11322428_3423005_2_1">Consolidated statement of comprehensive income [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" id="id_11322428_3422873_1_1">Statement of financial position [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" id="id_11322428_3422873_2_1">Statement of financial position [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StatementTable" xlink:label="td_StatementTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StatementTable_lbl" xml:lang="en-US" id="id_11322428_3426235_3_1">Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders Equity and Other Comprehensive Income, or other statement as needed.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StatementTable_lbl" xml:lang="en-US" id="id_11322428_3426235_1_1">Statement [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StatementTable_lbl" xml:lang="en-US" id="id_11322428_3426235_2_1">Statement [table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StatementTable" xlink:to="td_StatementTable_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StockBasedCompensationMember" xlink:label="td_StockBasedCompensationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StockBasedCompensationMember_lbl" xml:lang="en-US" id="id_11322428_3479800_3_1">Stock based compensation [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StockBasedCompensationMember_lbl" xml:lang="en-US" id="id_11322428_3479800_1_1">Stock based compensation [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StockBasedCompensationMember_lbl" xml:lang="en-US" id="id_11322428_3479800_2_1">Stock based compensation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StockBasedCompensationMember" xlink:to="td_StockBasedCompensationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StockOptionAwardsMember" xlink:label="td_StockOptionAwardsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StockOptionAwardsMember_lbl" xml:lang="en-US" id="id_11322428_3510608_3_1">Stock Option Awards [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StockOptionAwardsMember_lbl" xml:lang="en-US" id="id_11322428_3510608_1_1">Stock Option Awards [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StockOptionAwardsMember_lbl" xml:lang="en-US" id="id_11322428_3510608_2_1">Stock Option Awards [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StockOptionAwardsMember" xlink:to="td_StockOptionAwardsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_StressedValueAtRiskForTradingActivities" xlink:label="td_StressedValueAtRiskForTradingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_StressedValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3438484_3_1">Stressed value at risk for trading activities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_StressedValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3438484_1_1">Stressed Value at Risk for Trading Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_StressedValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3438484_2_1">Stressed Value-at-Risk (one-day)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_StressedValueAtRiskForTradingActivities" xlink:to="td_StressedValueAtRiskForTradingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SubordinatedLiabilities" xlink:label="ifrs-full_SubordinatedLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SubordinatedLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423013_1_1">Subordinated liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SubordinatedLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423013_2_1">Subordinated notes and debentures</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SubordinatedLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423013_12_1">Subordinated notes and debentures (Note 4)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SubordinatedLiabilities" xlink:to="ifrs-full_SubordinatedLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_SubsequenteventsAbstract" xlink:label="td_SubsequenteventsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_SubsequenteventsAbstract_lbl" xml:lang="en-US" id="id_11322428_3557891_3_1">Subsequentevents.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_SubsequenteventsAbstract_lbl" xml:lang="en-US" id="id_11322428_3557891_1_1">Subsequentevents [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_SubsequenteventsAbstract_lbl" xml:lang="en-US" id="id_11322428_3557891_2_1">Subsequentevents [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_SubsequenteventsAbstract" xlink:to="td_SubsequenteventsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SubsidiariesMember" xlink:label="ifrs-full_SubsidiariesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SubsidiariesMember_lbl" xml:lang="en-US" id="id_11322428_3423015_1_1">Subsidiaries [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_SubsidiariesMember_lbl" xml:lang="en-US" id="id_11322428_3423015_2_1">Bank subsidiaries [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SubsidiariesMember" xlink:to="ifrs-full_SubsidiariesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TargetCommonEquityTier1CapitalRatio" xlink:label="td_TargetCommonEquityTier1CapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TargetCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546795_3_1">Target Common Equity Tier 1 Capital Ratio which includes the 1% common equity capital surcharge.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TargetCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546795_1_1">Target common equity tier1 capital ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TargetCommonEquityTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546795_2_1">Target common equity tier 1 capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TargetCommonEquityTier1CapitalRatio" xlink:to="td_TargetCommonEquityTier1CapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TargetCommonEquityTier1CapitalRatioIncludingDSB" xlink:label="td_TargetCommonEquityTier1CapitalRatioIncludingDSB"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TargetCommonEquityTier1CapitalRatioIncludingDSB_lbl" xml:lang="en-US" id="id_11322428_3546800_3_1">Target Common Equity Tier 1 Capital Ratio which includes the 1% common equity capital surcharge and the 1.5% domestic stability buffer.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TargetCommonEquityTier1CapitalRatioIncludingDSB_lbl" xml:lang="en-US" id="id_11322428_3546800_1_1">Target common equity tier1 capital ratio including DSB</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TargetCommonEquityTier1CapitalRatioIncludingDSB_lbl" xml:lang="en-US" id="id_11322428_3546800_2_1">Target Common Equity tier 1 Capital Ratio including Domestic Stability Buffer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TargetCommonEquityTier1CapitalRatioIncludingDSB" xlink:to="td_TargetCommonEquityTier1CapitalRatioIncludingDSB_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TargetTier1CapitalRatio" xlink:label="td_TargetTier1CapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TargetTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546796_3_1">Target Tier 1 Capital Ratio which includes the 1% common equity capital surcharge.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TargetTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546796_1_1">Target tier1 capital ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TargetTier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546796_2_1">Target tier 1 capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TargetTier1CapitalRatio" xlink:to="td_TargetTier1CapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TargetTotalCapitalRatio" xlink:label="td_TargetTotalCapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TargetTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546797_3_1">Target Total Capital Ratio which includes the 1% common equity capital surcharge.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TargetTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546797_1_1">Target total capital ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TargetTotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3546797_2_1">Target total capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TargetTotalCapitalRatio" xlink:to="td_TargetTotalCapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit" xlink:label="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11322428_3464355_3_1">Tax cuts and jobs act of 2017 deferred income tax benefit (expense).</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11322428_3464355_1_1">Tax cuts and jobs act of 2017 deferred income tax expense benefit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11322428_3464355_2_1">Deferred income tax benefit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit" xlink:to="td_TaxCutsAndJobsActOf2017DeferredIncomeTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TaxYearAxis" xlink:label="td_TaxYearAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TaxYearAxis_lbl" xml:lang="en-US" id="id_11322428_3475606_3_1">Tax year [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TaxYearAxis_lbl" xml:lang="en-US" id="id_11322428_3475606_1_1">Tax year [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TaxYearAxis_lbl" xml:lang="en-US" id="id_11322428_3475606_2_1">Tax year [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TaxYearAxis" xlink:to="td_TaxYearAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TaxYearDomain" xlink:label="td_TaxYearDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TaxYearDomain_lbl" xml:lang="en-US" id="id_11322428_3509627_3_1">Tax Year [domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TaxYearDomain_lbl" xml:lang="en-US" id="id_11322428_3509627_1_1">Tax Year [domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TaxYearDomain_lbl" xml:lang="en-US" id="id_11322428_3509627_2_1">Tax Year [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TaxYearDomain" xlink:to="td_TaxYearDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TDAmeritradeHoldingCorporationMember" xlink:label="td_TDAmeritradeHoldingCorporationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TDAmeritradeHoldingCorporationMember_lbl" xml:lang="en-US" id="id_11322428_3510741_3_1">TD ameritrade holding corporation.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TDAmeritradeHoldingCorporationMember_lbl" xml:lang="en-US" id="id_11322428_3510741_1_1">TD Ameritrade Holding Corporation [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TDAmeritradeHoldingCorporationMember_lbl" xml:lang="en-US" id="id_11322428_3510741_2_1">TD Ameritrade Holding Corporation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TDAmeritradeHoldingCorporationMember" xlink:to="td_TDAmeritradeHoldingCorporationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TdAmeritradeMember" xlink:label="td_TdAmeritradeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TdAmeritradeMember_lbl" xml:lang="en-US" id="id_11322428_3531282_3_1">TD Ameritrade.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TdAmeritradeMember_lbl" xml:lang="en-US" id="id_11322428_3531282_1_1">TD Ameritrade [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TdAmeritradeMember_lbl" xml:lang="en-US" id="id_11322428_3531282_2_1">TD Ameritrade [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TdAmeritradeMember" xlink:to="td_TdAmeritradeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TdCapitalTrustIvMember" xlink:label="td_TdCapitalTrustIvMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TdCapitalTrustIvMember_lbl" xml:lang="en-US" id="id_11322428_3510766_3_1">TD capital trust iv.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TdCapitalTrustIvMember_lbl" xml:lang="en-US" id="id_11322428_3510766_1_1">TD Capital Trust IV [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TdCapitalTrustIvMember_lbl" xml:lang="en-US" id="id_11322428_3510766_2_1">TD Capital Trust IV [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TdCapitalTrustIvMember" xlink:to="td_TdCapitalTrustIvMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember" xlink:label="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember_lbl" xml:lang="en-US" id="id_11322428_3543481_3_1">TD capital trust three securities series two zero zero eight.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember_lbl" xml:lang="en-US" id="id_11322428_3543481_1_1">TD capital trust three securities series two zero zero eight [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember_lbl" xml:lang="en-US" id="id_11322428_3543481_2_1">TD Capital Trust III Securities - Series 2008 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember" xlink:to="td_TdCapitalTrustThreeSecuritiesSeriesTwoZeroZeroEightMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TermDeposits" xlink:label="td_TermDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TermDeposits_lbl" xml:lang="en-US" id="id_11322428_3449956_3_1">Includes Term Deposits from Personal, Bank, Business and Government, and Trading Deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TermDeposits_lbl" xml:lang="en-US" id="id_11322428_3449956_1_1">Term Deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TermDeposits_lbl" xml:lang="en-US" id="id_11322428_3449956_2_1">Term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TermDeposits" xlink:to="td_TermDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TermDeposits100000OrMore" xlink:label="td_TermDeposits100000OrMore"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TermDeposits100000OrMore_lbl" xml:lang="en-US" id="id_11322428_3446435_3_1">Term deposits 100000 or more.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TermDeposits100000OrMore_lbl" xml:lang="en-US" id="id_11322428_3446435_1_1">Term deposits 100000 or more</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TermDeposits100000OrMore_lbl" xml:lang="en-US" id="id_11322428_3446435_2_1">Aggregate amount of term deposits in denominations of $100,000 or more</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TermDeposits100000OrMore" xlink:to="td_TermDeposits100000OrMore_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TextBlockAbstract" xlink:label="td_TextBlockAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TextBlockAbstract_lbl" xml:lang="en-US" id="id_11322428_3426207_3_1">Text block [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TextBlockAbstract_lbl" xml:lang="en-US" id="id_11322428_3426207_1_1">Text block [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TextBlockAbstract_lbl" xml:lang="en-US" id="id_11322428_3426207_2_1">Text Block [abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TextBlockAbstract" xlink:to="td_TextBlockAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ThresholdOwnershipPercentageOfCapitalStock" xlink:label="td_ThresholdOwnershipPercentageOfCapitalStock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ThresholdOwnershipPercentageOfCapitalStock_lbl" xml:lang="en-US" id="id_11322428_3523424_3_1">Threshold ownership percentage of capital stock.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ThresholdOwnershipPercentageOfCapitalStock_lbl" xml:lang="en-US" id="id_11322428_3523424_1_1">Threshold ownership percentage of capital stock</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ThresholdOwnershipPercentageOfCapitalStock_lbl" xml:lang="en-US" id="id_11322428_3523424_2_1">Ownership percentage threshold after stock repurchases that requires the bank to use reasonable effort to sell or dispose excess stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ThresholdOwnershipPercentageOfCapitalStock" xlink:to="td_ThresholdOwnershipPercentageOfCapitalStock_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_Tier1CapitalRatio" xlink:label="td_Tier1CapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_Tier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527899_3_1">Tier 1 capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_Tier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527899_1_1">Tier 1 capital ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_Tier1CapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527899_2_1">Tier 1 Capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_Tier1CapitalRatio" xlink:to="td_Tier1CapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TierOneCapitalAmount" xlink:label="td_TierOneCapitalAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439991_3_1">Tier one capital amount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439991_1_1">Tier One Capital Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TierOneCapitalAmount_lbl" xml:lang="en-US" id="id_11322428_3439991_2_1">Tier 1 Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TierOneCapitalAmount" xlink:to="td_TierOneCapitalAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US" id="id_11322428_3423353_1_1">Top of range [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US" id="id_11322428_3423353_2_1">Top of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TotalCapital" xlink:label="td_TotalCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TotalCapital_lbl" xml:lang="en-US" id="id_11322428_3443990_3_1">The amount of total capital as defined in the regulations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TotalCapital_lbl" xml:lang="en-US" id="id_11322428_3443990_1_1">Total Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TotalCapital_lbl" xml:lang="en-US" id="id_11322428_3443990_2_1">Total Capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TotalCapital" xlink:to="td_TotalCapital_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TotalCapitalRatio" xlink:label="td_TotalCapitalRatio"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527901_3_1">Total capital ratio.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527901_1_1">Total Capital ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TotalCapitalRatio_lbl" xml:lang="en-US" id="id_11322428_3527901_2_1">Total Capital ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TotalCapitalRatio" xlink:to="td_TotalCapitalRatio_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TotalTradingAndNonTradingFinancialAssets" xlink:label="td_TotalTradingAndNonTradingFinancialAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TotalTradingAndNonTradingFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3448834_3_1">The amount of trading and non-trading financial assets consisting of: trading loans, securities and other; non-trading financial assets at fair value through profit or loss; derivatives; financial assets that are designated as available for sale or at fair value through other comprehensive income; and financial assets designated at fair value through profit or loss.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TotalTradingAndNonTradingFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3448834_1_1">Total trading and non trading financial assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="td_TotalTradingAndNonTradingFinancialAssets_lbl" xml:lang="en-US" id="id_11322428_3448834_6_1">Total Trading and Non Trading Financial Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TotalTradingAndNonTradingFinancialAssets" xlink:to="td_TotalTradingAndNonTradingFinancialAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="ifrs-full_TradeAndOtherPayables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US" id="id_11322428_3423050_1_1">Trade and other payables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US" id="id_11322428_3423050_2_1">Accounts payable, accrued expenses, and other items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherReceivables" xlink:label="ifrs-full_TradeAndOtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl" xml:lang="en-US" id="id_11322428_3423053_1_1">Trade and other receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl" xml:lang="en-US" id="id_11322428_3423053_2_1">Accounts receivable and other items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="ifrs-full_TradeReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivables_lbl" xml:lang="en-US" id="id_11322428_3423360_1_1">Trade receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeReceivables_lbl" xml:lang="en-US" id="id_11322428_3423360_2_1">Receivables from clients, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingDays" xlink:label="td_TradingDays"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingDays_lbl" xml:lang="en-US" id="id_11322428_3530065_3_1">Trading days.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingDays_lbl" xml:lang="en-US" id="id_11322428_3530065_1_1">Trading days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingDays_lbl" xml:lang="en-US" id="id_11322428_3530065_2_1">Number of trading days used to value current portfolio using market price and rate changes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingDays" xlink:to="td_TradingDays_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingDeposits" xlink:label="td_TradingDeposits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingDeposits_lbl" xml:lang="en-US" id="id_11322428_3438194_3_1">Trading deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingDeposits_lbl" xml:lang="en-US" id="id_11322428_3438194_1_1">Trading deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingDeposits_lbl" xml:lang="en-US" id="id_11322428_3438194_2_1">Trading deposits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="td_TradingDeposits_lbl" xml:lang="en-US" id="id_11322428_3438194_12_1">Trading deposits (Notes 4, 11)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingDeposits" xlink:to="td_TradingDeposits_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingDepositsMember" xlink:label="td_TradingDepositsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3510750_3_1">Trading deposits.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3510750_1_1">Trading Deposits [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingDepositsMember_lbl" xml:lang="en-US" id="id_11322428_3510750_2_1">Trading deposits [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingDepositsMember" xlink:to="td_TradingDepositsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradingIncomeExpense" xlink:label="ifrs-full_TradingIncomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradingIncomeExpense_lbl" xml:lang="en-US" id="id_11322428_3423362_1_1">Trading income (expense)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradingIncomeExpense_lbl" xml:lang="en-US" id="id_11322428_3423362_2_1">Trading income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradingIncomeExpense" xlink:to="ifrs-full_TradingIncomeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingLoansAtFairValue" xlink:label="td_TradingLoansAtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3438970_3_1">Trading loans at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3438970_1_1">Trading loans at fair value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingLoansAtFairValue_lbl" xml:lang="en-US" id="id_11322428_3438970_2_1">Trading loans at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingLoansAtFairValue" xlink:to="td_TradingLoansAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingLoansMember" xlink:label="td_TradingLoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingLoansMember_lbl" xml:lang="en-US" id="id_11322428_3485762_3_1">Trading loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingLoansMember_lbl" xml:lang="en-US" id="id_11322428_3485762_1_1">Trading loans [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingLoansMember_lbl" xml:lang="en-US" id="id_11322428_3485762_2_1">Trading loans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingLoansMember" xlink:to="td_TradingLoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingLoansSecuritiesAndOtherMember" xlink:label="td_TradingLoansSecuritiesAndOtherMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingLoansSecuritiesAndOtherMember_lbl" xml:lang="en-US" id="id_11322428_3510593_3_1">Trading loans, securities, and other [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingLoansSecuritiesAndOtherMember_lbl" xml:lang="en-US" id="id_11322428_3510593_1_1">Trading loans, securities, and other [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingLoansSecuritiesAndOtherMember_lbl" xml:lang="en-US" id="id_11322428_3510593_2_1">Trading loans, securities, and other [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingLoansSecuritiesAndOtherMember" xlink:to="td_TradingLoansSecuritiesAndOtherMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TradingSecurities1Abstract" xlink:label="td_TradingSecurities1Abstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TradingSecurities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3428244_3_1">Trading securities 1.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TradingSecurities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3428244_1_1">Trading securities 1 [abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TradingSecurities1Abstract_lbl" xml:lang="en-US" id="id_11322428_3428244_2_1">Trading loans, securities, and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TradingSecurities1Abstract" xlink:to="td_TradingSecurities1Abstract_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" id="id_11322428_3423057_1_1">Trading Symbol</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" id="id_11322428_3423057_2_1">Trading Symbol</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_lbl" xml:lang="en-US" id="id_11322428_3423367_1_1">Transfers into Level 3 of fair value hierarchy, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_lbl" xml:lang="en-US" id="id_11322428_3423367_2_1">Transfer Into Level 3</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:to="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423062_1_1">Transfers into Level 3 of fair value hierarchy, liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423062_2_1">Transfer Into Level 3</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:to="ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets_lbl" xml:lang="en-US" id="id_11322428_3424023_1_1">Transfers out of Level 3 of fair value hierarchy, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets_lbl" xml:lang="en-US" id="id_11322428_3424023_14_1">Transfers Out of Level 3</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets" xlink:to="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423064_1_1">Transfers out of Level 3 of fair value hierarchy, liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_lbl" xml:lang="en-US" id="id_11322428_3423064_14_1">Transfers Out of Level 3</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:to="ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TransferToStageOneMember" xlink:label="td_TransferToStageOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TransferToStageOneMember_lbl" xml:lang="en-US" id="id_11322428_3512286_3_1">Transfer to stage one [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TransferToStageOneMember_lbl" xml:lang="en-US" id="id_11322428_3512286_1_1">Transfer to stage one [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TransferToStageOneMember_lbl" xml:lang="en-US" id="id_11322428_3512286_2_1">Transfer to stage 1 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TransferToStageOneMember" xlink:to="td_TransferToStageOneMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TransferToStageThreeMember" xlink:label="td_TransferToStageThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TransferToStageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3512288_3_1">Transfer to stage three [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TransferToStageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3512288_1_1">Transfer to stage three [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TransferToStageThreeMember_lbl" xml:lang="en-US" id="id_11322428_3512288_2_1">Transfer to stage 3 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TransferToStageThreeMember" xlink:to="td_TransferToStageThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TransferToStageTwoMember" xlink:label="td_TransferToStageTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TransferToStageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3512287_3_1">Transfer to stage Two [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TransferToStageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3512287_1_1">Transfer to stage Two [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TransferToStageTwoMember_lbl" xml:lang="en-US" id="id_11322428_3512287_2_1">Transfer to stage 2 [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TransferToStageTwoMember" xlink:to="td_TransferToStageTwoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="ifrs-full_TreasuryShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3424026_1_1">Treasury shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TreasuryShares_lbl" xml:lang="en-US" id="id_11322428_3424026_14_1">Treasury shares - (Note 13)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="ifrs-full_TreasurySharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US" id="id_11322428_3424027_1_1">Treasury shares [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US" id="id_11322428_3424027_2_1">Treasury shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasurySharesMember" xlink:to="ifrs-full_TreasurySharesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember" xlink:label="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember_lbl" xml:lang="en-US" id="id_11322428_3491400_3_1">Two thousand eleven to two thousand thirteen taxation years.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember_lbl" xml:lang="en-US" id="id_11322428_3491400_1_1">Two thousand eleven to two thousand thirteen taxation years [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember_lbl" xml:lang="en-US" id="id_11322428_3491400_2_1">Two thousand eleven to two thousand thirteen taxation years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember" xlink:to="td_TwoThousandElevenToTwoThousandThirteenTaxationYearsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TypesOfAgreementAxis" xlink:label="td_TypesOfAgreementAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TypesOfAgreementAxis_lbl" xml:lang="en-US" id="id_11322428_3475548_3_1">Types of agreement [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TypesOfAgreementAxis_lbl" xml:lang="en-US" id="id_11322428_3475548_1_1">Types of agreement [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TypesOfAgreementAxis_lbl" xml:lang="en-US" id="id_11322428_3475548_2_1">Types of agreement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TypesOfAgreementAxis" xlink:to="td_TypesOfAgreementAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_TypesOfAgreementDomain" xlink:label="td_TypesOfAgreementDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_TypesOfAgreementDomain_lbl" xml:lang="en-US" id="id_11322428_3494283_3_1">Types of agreement [domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_TypesOfAgreementDomain_lbl" xml:lang="en-US" id="id_11322428_3494283_1_1">Types of agreement [domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_TypesOfAgreementDomain_lbl" xml:lang="en-US" id="id_11322428_3494283_2_1">Types of agreement [domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_TypesOfAgreementDomain" xlink:to="td_TypesOfAgreementDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_TypesOfFinancialLiabilitiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3424035_1_1">Types of financial liabilities [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TypesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" id="id_11322428_3424035_2_1">Types of financial liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_TypesOfFinancialLiabilitiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US" id="id_11322428_3424456_1_1">Types of risks [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US" id="id_11322428_3424456_2_1">Types of risks [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="ifrs-full_TypesOfRisksMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksMember_lbl" xml:lang="en-US" id="id_11322428_3423384_1_1">Risks [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TypesOfRisksMember_lbl" xml:lang="en-US" id="id_11322428_3423384_2_1">Risks [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksMember" xlink:to="ifrs-full_TypesOfRisksMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xml:lang="en-US" id="id_11322428_3424457_1_1">Types of share-based payment arrangements [axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xml:lang="en-US" id="id_11322428_3424457_2_1">Types of share-based payment arrangements [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UnconsolidatedStructuredEntityCommitmentsMember" xlink:label="td_UnconsolidatedStructuredEntityCommitmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UnconsolidatedStructuredEntityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494799_3_1">Unconsolidated structured entity commitments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UnconsolidatedStructuredEntityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494799_1_1">Unconsolidated structured entity commitments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UnconsolidatedStructuredEntityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3494799_2_1">Unconsolidated structured entity commitments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UnconsolidatedStructuredEntityCommitmentsMember" xlink:to="td_UnconsolidatedStructuredEntityCommitmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember" xlink:label="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3512658_3_1">Undrawn component of uncommitted credit and liquidity commitments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3512658_1_1">Undrawn component of uncommitted credit and liquidity commitments [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember_lbl" xml:lang="en-US" id="id_11322428_3512658_2_1">Undrawn component of uncommitted credit and liquidity commitments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember" xlink:to="td_UndrawnComponentOfUncommittedCreditAndLiquidityCommitmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UnencumberedLiquidAssets" xlink:label="td_UnencumberedLiquidAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UnencumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438476_3_1">Unencumbered liquid assets.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UnencumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438476_1_1">Unencumbered liquid assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UnencumberedLiquidAssets_lbl" xml:lang="en-US" id="id_11322428_3438476_2_1">Unencumbered liquid assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UnencumberedLiquidAssets" xlink:to="td_UnencumberedLiquidAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember" xlink:label="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3512611_3_1">United State federal state municipal governments and agencies debt.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3512611_1_1">United state federal state municipal governments and agencies debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3512611_2_1">U.S. federal, state, municipal governments, and agencies debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember" xlink:to="td_UnitedStateFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461827_3_1">Unrealized gains (losses) on equity securities at fair value through other comprehensive income net of tax.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461827_1_1">Unrealized gains/losses on equity securities at fair value through other comprehensive income net of tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_11322428_3461827_2_1">Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax" xlink:to="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462698_3_1">Unrealized gains (losses) on equity securities at fair value through other comprehensive income net of tax not reclassified to retained earnings.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462698_1_1">Unrealized gains losses on equity securities at fair value through other comprehensive income net of tax not reclassified to retained earnings</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings_lbl" xml:lang="en-US" id="id_11322428_3462698_2_1">Other comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings" xlink:to="td_UnrealizedGainsLossesOnEquitySecuritiesAtFairValueThroughOtherComprehensiveIncomeNetOfTaxNotReclassifiedToRetainedEarnings_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_US" xlink:label="country_US"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_US_lbl" xml:lang="en-US" id="id_11322428_3424474_1_1">UNITED STATES</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_US_lbl" xml:lang="en-US" id="id_11322428_3424474_2_1">United States [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl"/>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_USD" xlink:label="currency_USD"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_USD_lbl" xml:lang="en-US" id="id_11322428_3423397_1_1">United States of America, Dollars</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_USD_lbl" xml:lang="en-US" id="id_11322428_3423397_2_1">U.S. Dollar [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_USFederalAgencyObligationsMember" xlink:label="td_USFederalAgencyObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_USFederalAgencyObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494778_3_1">U.S. federal agency obligations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_USFederalAgencyObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494778_1_1">U.S. federal agency obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_USFederalAgencyObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494778_2_1">U.S. federal agency obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_USFederalAgencyObligationsMember" xlink:to="td_USFederalAgencyObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_UsFederalFundsDepositedMember" xlink:label="td_UsFederalFundsDepositedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_UsFederalFundsDepositedMember_lbl" xml:lang="en-US" id="id_11322428_3510761_3_1">U.S. federal funds deposited.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_UsFederalFundsDepositedMember_lbl" xml:lang="en-US" id="id_11322428_3510761_1_1">US federal funds deposited [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_UsFederalFundsDepositedMember_lbl" xml:lang="en-US" id="id_11322428_3510761_2_1">US federal funds deposited [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_UsFederalFundsDepositedMember" xlink:to="td_UsFederalFundsDepositedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember" xlink:label="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3510872_3_1">U.S. federal, state, municipal governments, and agencies debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3510872_1_1">U.S. federal, state, municipal governments, and agencies debt [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl" xml:lang="en-US" id="id_11322428_3510872_2_1">U.S. federal, state, municipal governments, and agencies debt [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember" xlink:to="td_USFederalStateMunicipalGovernmentsAndAgenciesDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_USGovernmentObligationsMember" xlink:label="td_USGovernmentObligationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_USGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494777_3_1">U.S. government obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_USGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494777_1_1">U.S. government obligations [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_USGovernmentObligationsMember_lbl" xml:lang="en-US" id="id_11322428_3494777_2_1">U.S. government obligations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_USGovernmentObligationsMember" xlink:to="td_USGovernmentObligationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_USRetailMember" xlink:label="td_USRetailMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_USRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510933_3_1">US retail.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_USRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510933_1_1">US Retail [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_USRetailMember_lbl" xml:lang="en-US" id="id_11322428_3510933_2_1">U.S. Retail [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_USRetailMember" xlink:to="td_USRetailMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_USTaxActMember" xlink:label="td_USTaxActMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_USTaxActMember_lbl" xml:lang="en-US" id="id_11322428_3512641_3_1">U.S. Tax Act [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_USTaxActMember_lbl" xml:lang="en-US" id="id_11322428_3512641_1_1">U.S. Tax Act [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_USTaxActMember_lbl" xml:lang="en-US" id="id_11322428_3512641_2_1">U.S. Tax Act [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_USTaxActMember" xlink:to="td_USTaxActMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_ValueAtRiskForTradingActivities" xlink:label="td_ValueAtRiskForTradingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_ValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3441127_3_1">Value at Risk for Trading Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_ValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3441127_1_1">Value at Risk for Trading Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_ValueAtRiskForTradingActivities_lbl" xml:lang="en-US" id="id_11322428_3441127_2_1">Total VaR (one-day measure)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_ValueAtRiskForTradingActivities" xlink:to="td_ValueAtRiskForTradingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_WatchAndClassifiedMember" xlink:label="td_WatchAndClassifiedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_WatchAndClassifiedMember_lbl" xml:lang="en-US" id="id_11322428_3493980_3_1">Watch and classified member.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_WatchAndClassifiedMember_lbl" xml:lang="en-US" id="id_11322428_3493980_1_1">Watch and classified [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_WatchAndClassifiedMember_lbl" xml:lang="en-US" id="id_11322428_3493980_2_1">Watch and classified [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_WatchAndClassifiedMember" xlink:to="td_WatchAndClassifiedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_WatchAndClassifiedOrHighRiskMember" xlink:label="td_WatchAndClassifiedOrHighRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_WatchAndClassifiedOrHighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496169_3_1">Watch and classified or high risk.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_WatchAndClassifiedOrHighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496169_1_1">Watch and classified or High Risk [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_WatchAndClassifiedOrHighRiskMember_lbl" xml:lang="en-US" id="id_11322428_3496169_2_1">Watch and classified or high risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_WatchAndClassifiedOrHighRiskMember" xlink:to="td_WatchAndClassifiedOrHighRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageSharePriceShareOptionsGranted" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3423419_1_1">Weighted average share price, share options granted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageSharePriceShareOptionsGranted_lbl" xml:lang="en-US" id="id_11322428_3423419_2_1">Weighted average fair value of options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageSharePriceShareOptionsGranted" xlink:to="ifrs-full_WeightedAverageSharePriceShareOptionsGranted_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US" id="id_11322428_3423785_1_1">Weighted average number of ordinary shares outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US" id="id_11322428_3423785_2_1">Weighted-average number of common shares outstanding (millions)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_WholesaleBankingMember" xlink:label="td_WholesaleBankingMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_WholesaleBankingMember_lbl" xml:lang="en-US" id="id_11322428_3507201_3_1">Wholesale banking.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_WholesaleBankingMember_lbl" xml:lang="en-US" id="id_11322428_3507201_1_1">Wholesale Banking [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_WholesaleBankingMember_lbl" xml:lang="en-US" id="id_11322428_3507201_2_1">Wholesale Banking [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_WholesaleBankingMember" xlink:to="td_WholesaleBankingMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_WithNoAllowanceForLoanLossesMember" xlink:label="td_WithNoAllowanceForLoanLossesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_WithNoAllowanceForLoanLossesMember_lbl" xml:lang="en-US" id="id_11322428_3512284_3_1">With no allowance for loan losses [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_WithNoAllowanceForLoanLossesMember_lbl" xml:lang="en-US" id="id_11322428_3512284_1_1">With no allowance for loan losses [member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_WithNoAllowanceForLoanLossesMember_lbl" xml:lang="en-US" id="id_11322428_3512284_2_1">With no allowance for loan losses [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_WithNoAllowanceForLoanLossesMember" xlink:to="td_WithNoAllowanceForLoanLossesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="td-20190430.xsd#td_WriteOffsAllowanceAccountForCreditLosses" xlink:label="td_WriteOffsAllowanceAccountForCreditLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="td_WriteOffsAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448600_3_1">Write offs allowance account for credit losses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="td_WriteOffsAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448600_1_1">Write offs allowance account for credit losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="td_WriteOffsAllowanceAccountForCreditLosses_lbl" xml:lang="en-US" id="id_11322428_3448600_2_1">Write-offs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="td_WriteOffsAllowanceAccountForCreditLosses" xlink:to="td_WriteOffsAllowanceAccountForCreditLosses_lbl"/>
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