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Investor Presentaiton

31 32 Economic Outlook in Key Markets Real GDP (Annual % Change) 2000-11 Country 2012 2013F 2014F Avg. Mexico 2.2 3.9 2.9 4.2 Peru 5.6 6.3 5.7 6.0 Chile 4.7 5.6 4.6 4.4 Colombia 4.2 4.0 4.2 4.7 Costa Rica 4.2 5.1 3.5 4.2 Dominican Republic 4.5 4.0 3.0 3.8 Thailand 4.0 6.5 4.5 4.2 2000-11 2012 2013F 2014F Avg. Canada 2.2 1.8 1.7 2.3 U.S. 1.8 2.2 1.5 2.6 Scotiabank Unrealized Securities Gains Source: Scotia Economics, as of August 1, 2013. ($ millions) Q3/13 Q2/13 Canadian and U.S. Sovereign Debt 76 166 Bonds of Designated Emerging Markets 36 65 Other Foreign Governement Debt 69 111 Other Debt 213 245 Common and Preferred Shares 638 675 1,032 1,262 Net Fair Value of Derivative Instruments (106) (188) and Other Hedge Amounts Total 926 1,074 Scotiabank
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