Canadian Banking and Residential Mortgages Overview

Public Debt Ratios in G7 Markets 300 % of GDP 250 200 150 100 50 0 G7 General Government Gross Debt 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Canada (AAA) Italy (BBB) -U.S. (AA+) France (AA) Japan (A+) Sources: Scotiabank Economics, IMF, Standard & Poor's. G7 General Government Net Debt 200 % of GDP 150 100 60 50 - Germany (AAA) UK (AA) 0 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 -Canada (AAA) Italy (BBB) -U.S. (AA+) France (AA) -Japan (A+) Sources: Scotiabank Economics, IMF, Standard & Poor's. Germany (AAA) UK (AA) 60

View entire presentation