National Bank Again One of the 50 Best Employers in Canada

Montreal, 29 December 2006 - 

For the third year running, National Bank is proud to have made the prestigious list of the “50 Best Employers in Canada.” The Bank is one of only three companies in the top 50 to have more than 10,000 employees.

“This honour confirms once again that National Bank offers an engaging work environment where employees are motivated to perform to their full potential,” explained Réal Raymond, President and Chief Executive Officer. This recognition is a testament to the Bank’s efforts in recent years to build a dynamic and innovative organization with a focus on individual development.   

This ranking recognizes companies with innovative and engaging human resources practices.  The list was compiled based on a survey of employees, business leaders and human resources professionals from the participating organizations. The “50 Best Employers in Canada” survey is conducted annually by Hewitt Associates in partnership with The Globe and Mail’s Report on Business magazine and the French-language daily La Presse.

About National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $116 billion in assets and, together with its subsidiaries, employs 16,972 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at
www.nbc.ca.

Information (The telephone number provided below is for the exclusive use of journalists and other media representatives):

Josée Lagacé
Public Relations
National Bank of Canada
Tel.: (514) 394-6500