TORONTO, May 4 /CNW/ - Scotia Capital is hosting our annual
Transportation & Infrastructure Conference. As transportation carriers cope
with unprecedented traffic declines in the context of a global recession,
Canada's federal and provincial governments are preparing to embark on
ambitious infrastructure investment programs, with much of the spending
directed towards transportation projects. This year's line-up of industry
experts will provide insight into how they are managing amidst the current
economic uncertainty, as well as the business opportunities. Audio portions of
the presentations will be broadcast live on the web beginning at 9:40 a.m.Scheduled presenters(*) and times are:

    Tuesday, May 5:
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    9:45 a.m.    Canadian Pacific, Fred Green, President and Chief Executive
                 Officer (CEO)
    10:15 a.m.   Vitran Corporation Inc., Rick Gaetz, President and CEO
    11:25 a.m.   Canadian National Railway Company, Jean Jacques Ruest,
                 Senior Vice President of Marketing
    1:15 a.m.    Toromont Industries Ltd., Robert Ogilvie, Chairman and CEO
    1:45 p.m.    Armtec Infrastructure Income Fund, Charles Phillips,
                 President and CEO
    2:15 p.m.    IBI Income Fund, Phil Beinhaker, Chairman Director and CEO
                 and Scott Stewart, Managing Director - Transport and SystemsListeners may access the conference live via a web audio link at
www.scotiacapital.com. The conference will be archived on Scotia Capital's
website for three months.

    (*) Agenda is subject to change. See www.scotiacapital.com for most current
schedule.

    Since 1998, Scotia Capital's Industry Conferences have been ranked No. 1
in Canada by independent surveys. Scotia Capital represents the global
corporate and investment banking and capital markets platform of the
Scotiabank Group, one of North America's premier financial institutions. The
Scotiabank Group has combined assets of $509 billion in assets (as at January
31, 2009) and more than 69,000 employees worldwide, including affiliates. It
is also Canada's most international bank, serving customers in some 50
countries around the world. For more information, visit www.scotiabank.com or
www.scotiacapital.com.