Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	TORONTO DOMINION BANK	373,608	$17.55M	10.5%	$46.97	$42.66	+10.1%	COM NEW	891160509
ENB	ENBRIDGE	356,505	$16.22M	9.7%	$45.50 *	$23.28	+3.5%	COM	29250N105
ORCL	ORACLE	272,493	$11.15M	6.7%	$40.91 *	$27.95	+23.0%	COM	68389X105
BNS	BANK OF NOVA SCOTIA	186,351	$10.81M	6.5%	$58.02 *	$30.36	+6.9%	COM	064149107
BCE	BCE INC	221,588	$9.684M	5.8%	$43.70 *	$22.29	-1.3%	COM NEW	05534B760
DHR	DANAHER	87,858	$6.598M	4.0%	$75.10 *	$25.14	+21.4%	COM	235851102
—	CRESCENT POINT ENERGY	173,048	$6.362M	3.8%	$36.76	$36.76	—	COM	22576C101
RY	ROYAL BANK OF CANADA	91,787	$6.063M	3.6%	$66.06	$59.78	+10.4%	COM	780087102
—	BROOKFIELD ASSET MGMT-A LV	148,344	$6.053M	3.6%	$40.80	$35.93	—	CL A LTD VT SH	112585104
AAPL	APPLE INC	10,615	$5.697M	3.4%	$536.69 *	$16.57	+1.1%	COM	037833100
IBM	INTL BUSINESS MACHINES	26,957	$5.189M	3.1%	$192.49 *	$109.12	+4.8%	COM	459200101
SWK	STANLEY BLACK & DECKER INC	56,265	$4.571M	2.7%	$81.24 *	$59.39	+1.7%	COM	854502101
IMO	IMPERIAL OIL	97,883	$4.566M	2.7%	$46.65 *	$32.39	+11.7%	COM NEW	453038408
TECK	TECK RESOURCES CL-B SVS	204,661	$4.425M	2.7%	$21.62	$23.20	-6.5%	CL B	878742204
CMI	CUMMINS INC	28,945	$4.313M	2.6%	$149.01 *	$93.45	+16.5%	COM	231021106
XOM	EXXON MOBIL	42,550	$4.156M	2.5%	$97.67 *	$53.79	+11.0%	COM	30231G102
CAT	CATERPILLAR	36,455	$3.623M	2.2%	$99.38 *	$62.60	+17.4%	COM	149123101
SYK	STRYKER	41,840	$3.421M	2.1%	$81.76 *	$60.81	+16.7%	COM	863667101
DCI	DONALDSON	77,035	$3.266M	2.0%	$42.40 *	$32.00	+9.0%	COM	257651109
CSCO	CISCO SYSTEMS	142,945	$3.204M	1.9%	$22.41 *	$15.97	-2.8%	COM	17275R102
JPM	J P MORGAN CHASE	51,100	$3.102M	1.9%	$60.70 *	$42.08	+5.0%	COM	46625H100
MCD	McDONALDS	28,720	$2.815M	1.7%	$98.02 *	$70.28	+3.1%	COM	580135101
BMO	BANK OF MONTREAL	40,620	$2.722M	1.6%	$67.01 *	$36.30	+14.5%	COM	063671101
—	THE INDIA FUND	113,601	$2.617M	1.6%	$23.04	$19.69	—	COM	454089103
DIS	WALT DISNEY COMPANY	31,015	$2.483M	1.5%	$80.06 *	$57.78	+24.6%	COM DISNEY	254687106
C	CITIGROUP NEW	50,500	$2.404M	1.4%	$47.60 *	$37.07	-4.4%	COM	172967424
FXI	ISHARES FTSE CHINA25 INDX	60,000	$2.147M	1.3%	$35.78	$35.01	+2.2%	CHINA LG-CAP ETF	464287184
PEP	PEPSICO	21,475	$1.793M	1.1%	$83.49 *	$56.40	+4.2%	COM	713448108
PTC	PTC INC	50,000	$1.771M	1.1%	$35.42	$36.75	-3.6%	COM	69370C100
—	POWERSHR GLD DRGN CHN PTF	36,815	$1.108M	0.7%	$30.10	$25.81	—	GOLDEN DRG CHINA	73935X401
MSFT	MICROSOFT	21,300	$873K	0.5%	$40.99 *	$26.70	+28.3%	COM	594918104
CM	CIBC	10,004	$872K	0.5%	$87.17 *	$20.76	+18.9%	COM	136069101
INTC	INTEL CORPORATION	29,775	$769K	0.5%	$25.83 *	$17.16	+12.9%	COM	458140100
BHP	BHP BILLITON -ADR-	9,947	$674K	0.4%	$67.76 *	$62.83	+2.2%	SPONSORED ADR	088606108
—	MEDTRONIC	10,045	$618K	0.4%	$61.52	$59.31	—	COM	585055106
MFC	MANULIFE FINANCIAL	26,396	$510K	0.3%	$19.32	$18.31	+5.5%	COM	56501R106
JNJ	JOHNSON & JOHNSON	4,840	$475K	0.3%	$98.14 *	$59.66	+18.8%	COM	478160104
PG	PROCTER & GAMBLE	5,860	$472K	0.3%	$80.55 *	$55.00	+5.3%	COM	742718109
CNQ	CDN NATURAL RESOURCES	8,917	$344K	0.2%	$38.58 *	$9.21	+25.4%	COM	136385101
—	COTT CORP	35,320	$300K	0.2%	$8.49	$8.30	—	COM	22163N106
SU	SUNCOR ENERGY	8,210	$287K	0.2%	$34.96 *	$20.01	+16.4%	COM	867224107
—	EMC CORP.	9,918	$273K	0.2%	$27.53	$27.53	—	COM	368648102
EFA	iSHARES MSCI EAFE INDX FD	3,786	$254K	0.2%	$67.09	$60.47	+11.1%	MSCI EAFE ETF	464287465
—	STUDENT TRANSPORTATION	10,000	$62,000	0.0%	$6.20	$6.10	—	COM	86388A108