Don Drummond was born and raised in Victoria, British Columbia, where he graduated from the University of Victoria. He subsequently received his M.A. in economics from Queen’s University. He joined the federal Department of Finance upon completing his studies at Queen’s. During almost twenty-three years at Finance, Mr. Drummond held a series of progressively more senior positions in the areas of economic analysis and forecasting, fiscal policy, and tax policy. His last three positions were, respectively, Assistant Deputy Minister of Fiscal Policy and Economic Analysis, Assistant Deputy Minister of Tax Policy and Legislation, and most recently Associate Deputy Minister. In this latter position he was responsible for economic analysis, fiscal policy, tax policy, social policy, and federal-provincial relations. In particular, he coordinated the planning of the annual federal budgets.
Mr. Drummond joined the TD Bank in June 2000 as Senior Vice President and Chief Economist. He leads TD Economics’ work in analyzing and forecasting economic performance in Canada and abroad. For Canada, this work is conducted at the city, provincial, industrial, and national levels. TD Economics also analyzes the key policies which influence economic performance, including monetary and fiscal policies.