Stéfane Marion, Top Forecaster for Canada as recognized by Bloomberg Markets

Montreal, 14 December 2011 - 

The Chief Economist and Strategist of National Bank and Managing Director, National Bank Financial Stéfane Marion ranked first among forecasters for Canada in the Top Forecasters by Region Covered of the prestigious Bloomberg Markets magazine.

The Bloomberg Markets ranking, published in the January 2012 issue,
includes predictions during the two years started on Oct. 1, 2009 by 354 forecasters covering 11 countries plus the euro zone. The ranking measures the accuracy of economic forecasts in 13 categories, including gross domestic product, unemployment, consumer and producer price indexes, home sales, industrial production and personal spending.

This is the second time this year that Stéfane Marion is recognized by Bloomberg as, in May 2011, he ranked second on the firm’s Top Forecasters of Canadian Economy list. This latest recognition of Stéfane Marion’s economic and financial expertise follows that achieved by National Bank Financial’s Economy and Strategy Group who ranked among top foreign exchange forecasters in the world, according to the list published by Bloomberg Markets in November 2011.

About National Bank of Canada
National Bank of Canada is an integrated group that 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. 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 over $156 billion in assets and, together with its subsidiaries, employs 19,431 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. To access National Bank’s financial education portal, visit www.clearfacts.ca.

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

Joan Beauchamp
Senior Advisor, Public Relations
National Bank
Tel.: 514-394-6500