Investor Presentaiton

Canada: Shelter costs keep inflation above 3% CPI inflation: Total, housing and ex-housing 9 8 Variation y/y 7 " 00 6 5 4 3 2 1 0 Shelter Total Ex. Shelter =1 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 NATIONAL BANK ANGUS WATT FINANCIAL ADVISORY GROUP+ WEALTH MANAGEMENT Source: NBF Economics and Strategy (data via Statistics Canada)

View entire presentation