> PRINCIPAL SUBSIDIARIES
Principal Subsidiaries(1)
As at October 31, 2004 ($ millions) | Principal office | Carrying value of shares | ||||||
Canadian | ||||||||
BNS Capital Trust | Toronto, Ontario | $ | 125 | |||||
BNS Investments Inc. | Toronto, Ontario | $ | 6,725 | |||||
Montreal Trust Company of Canada | Montreal, Quebec | |||||||
MontroServices Corporation | Montreal, Quebec | |||||||
Scotia Merchant Capital Corporation | Toronto, Ontario | |||||||
National Trustco Inc. | Toronto, Ontario | $ | 517 | |||||
The Bank of Nova Scotia Trust Company | Toronto, Ontario | |||||||
National Trust Company | Toronto, Ontario | |||||||
RoyNat Inc. | Toronto, Ontario | $ | 47 | |||||
Scotia Capital Inc. | Toronto, Ontario | $ | 191 | |||||
Scotia Cassels Investment Counsel Limited | Toronto, Ontario | $ | 13 | |||||
Scotia Life Insurance Company | Toronto, Ontario | $ | 54 | |||||
Scotia Mortgage Corporation | Toronto, Ontario | $ | 202 | |||||
Scotia Mortgage Investment Corporation | St. John’s, Newfoundland | $ | 68 | |||||
Scotia Securities Inc. | Toronto, Ontario | $ | 306 | |||||
Scotiabank Capital Trust | Toronto, Ontario | $ | 10 | |||||
International | ||||||||
The Bank of Nova Scotia Berhad | Kuala Lumpur, Malaysia | $ | 131 | |||||
The Bank of Nova Scotia International Limited | Nassau, Bahamas | $ | 6,592 | |||||
BNS International (Barbados) Limited | Warrens, Barbados | |||||||
The Bank of Nova Scotia Asia Limited | Singapore | |||||||
The Bank of Nova Scotia Trust Company (Bahamas) Limited | Nassau, Bahamas | |||||||
Scotiabank & Trust (Cayman) Limited | Grand Cayman, Cayman Islands | |||||||
Scotia Insurance (Barbados) Limited | Warrens, Barbados | |||||||
Scotiabank (Bahamas) Limited | Nassau, Bahamas | |||||||
Scotiabank (British Virgin Islands) Limited | Road Town, Tortola, B.V.I. | |||||||
Scotiabank (Hong Kong) Limited | Hong Kong, China | |||||||
Scotiabank (Ireland) Limited | Dublin, Ireland | |||||||
The Bank of Nova Scotia Jamaica Limited (70%) | Kingston, Jamaica | $ | 241 | |||||
Grupo Financiero Scotiabank Inverlat, S.A. de C.V. (97%) | Mexico, D.F., Mexico | $ | 1,051 | |||||
Nova Scotia Inversiones Limitada | Santiago, Chile | $ | 316 | |||||
Scotiabank Sud Americano, S.A. (98%) | Santiago, Chile | |||||||
Scotia Capital (USA) Inc. | New York, New York | (2 | ) | |||||
Scotia Holdings (US) Inc. | Atlanta, Georgia | (3 | ) | |||||
The Bank of Nova Scotia Trust Company of New York | New York, New York | |||||||
Scotiabanc Inc. | Atlanta, Georgia | |||||||
Scotia International Limited | Nassau, Bahamas | $ | 379 | |||||
Corporacion Mercaban de Costa Rica, S.A. | San Jose, Costa Rica | |||||||
Scotiabank Anguilla Limited | The Valley, Anguilla | |||||||
Scotiabank de Puerto Rico | Hato Rey, Puerto Rico | $ | 221 | |||||
Scotiabank El Salvador, S.A. | San Salvador, El Salvador | $ | 57 | |||||
Scotiabank Europe plc | London, England | $ | 1,994 | |||||
Scotiabank Trinidad & Tobago Limited (48%)(4) | Port of Spain, Trinidad | $ | 93 | |||||
Scotia Capital (Europe) Limited | London, England | $ | 13 | |||||
(1) | The Bank owns 100% of the outstanding voting shares of each subsidiary unless otherwise noted. The listing includes major operating subsidiaries only. | |||
(2) | The carrying value of this subsidiary is included with that of its parent, Scotia Capital Inc. | |||
(3) | The carrying value of this subsidiary is included with that of its parent, BNS Investments Inc. | |||
(4) | Associated corporation effectively controlled by the Bank. |
2004 Scotiabank Annual Report 125