Scotiabank Financial Performance Update

Scotiabank Scotia Capital Q3/06 Highlights ■ Record year for M&A business - 60+ advisory mandates year to date - acted as financial advisor to Aliant on a series of transactions that created Bell Aliant Regional Communications Income Fund, the second largest business trust in Canada ■ Good corporate loan growth - Canada - up 20% yr/yr - U.S. - up 11% qtr/qtr, 4% yr/yr Growth in securities balances - GMAC - $7 billion - growth to support trading and derivatives businesses 41

View entire presentation