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Investor Presentaiton

Alberta: Population growth decomposition 200 Thousands of individuals Total Natural Interprovincial net migration Intemational net migration 180 Population 160- growth, calendar 140 year 120 100 80 60- 40 40 20- -20 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 NBF Economics and Strategy (data via Statistics Canada) NATIONAL BANK FINANCIAL WEALTH MANAGEMENT ANGUS WATT ADVISORY GROUP+
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