Earnings and Dividend Growth Report

Population Growth: A Canadian Differentiator G7 Population Growth 1.8 annual % change Canada 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 United States ⚫⚫ Euro Area United Kingdom Japan -0.4 08 09 10 11 12 13 14 15 Sources: Scotiabank Economics. 16 16 17 18 19 20 20 74

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