RBC CM Review of Last Week's Sector News

RBC Capital Markets, 1 August 2006Canadian banks were up 0.7% last week, in our view, pulled by along their U.S. peers� solid Q2 results. The commodity laden sectors of the S&P/TSX Composite Index were on a tear by comparison, helping the index gain 3.5%. Canadian lifecos netted only a 0.5% gain, held back by Sun Life�s weak Q2 result. We view Sun Life�s Q2 as company-specific, and see excellent