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Patricia Lovett-Reid, Senior Vice President, TD Waterhouse Bob Gorman, Chief Portfolio Strategist, TD Waterhouse Slide 2 2 Slide 3 3 Slide 4 4 Slide 5 5 Slide 6 6 Slide 7 7 Slide 8 8 Slide 9 9 Slide 10 10 Slide 11 11 Slide 12 12 Canadian Pacific Railway (TSX : CP) Source: Bloomberg (Sep 22, 2008) Slide 13 13 Canadian National Railway (TSX : CNR) Source: Bloomberg (Sep 22, 2008) Slide 14 14 Slide 15 15 Encana Corp. (TSX : ECA) Source: Bloomberg (Sep 22, 2008) Slide 16 16 Manulife Financial (TSX : MFC) Source: Bloomberg (Sep 22, 2008) Slide 17 17 Oracle Corp. (NASDAQ : ORCL) Source: Bloomberg (Sep 22, 2008) Slide 18 18 Slide 19 19 China Shanghai SE Composite Index Source: Bloomberg (Sep 22, 2008) Slide 20 20 Japan Nikkei 225 Index Source: Bloomberg (Sep 22, 2008) Slide 21 21 Germany DAX Index Source: Bloomberg (Sep 22, 2008) Slide 22 22 France CAC 40 Index Source: Bloomberg (Sep 22, 2008) Slide 23 23 United Kingdom FTSE 100 Index Source: Bloomberg (Sep 22, 2008) Slide 24 24 Credit Suisse Group ADR (NYSE : CS) Source: Bloomberg (Sep 22, 2008) Slide 25 25 Canon Inc. ADR (NYSE : CAJ) Source: Bloomberg (Sep 22, 2008) Slide 26 26 Novartis AG ADR (NYSE : NVS) Source: Bloomberg (Sep 22, 2008) Slide 27 27 Chicago Board Options Exchange Volatility Index (VIX) Source: Bloomberg (Sep 22, 2008) Slide 28 Patricia Lovett-Reid, Senior Vice President, TD Waterhouse Bob Gorman, Chief Portfolio Strategist, TD Waterhouse