RBC Cdn Bank Day � Highlights

RBC Capital Markets, 20 June 2006Last week, RBC Capital Markets hosted investor meetings with four of the big six banks. On average, we came away from the meetings more inspired on the group. We believe the themes supported our Outperform ratings for RY and NA, while our Sector Perform ratings for BNS and CIBC seem about right in the context of an over-weight recommendation for the sector as a