Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RY	ROYAL BK CDA MONTREAL QUE	1,267,879	$70.05M	9.8%	$61.71	-7.7%	COM	780087102
TD	TORONTO DOMINION BK ONT	1,413,787	$55.73M	7.8%	$42.48	-6.3%	COM NEW	891160509
BCE	BCE INC	1,309,691	$53.65M	7.5%	$22.79	-2.1%	COM NEW	05534B760
BNS	BANK N S HALIFAX	893,144	$39.37M	5.5%	$30.72	-9.9%	COM	064149107
—	TRANSCANADA CORP	1,092,219	$34.49M	4.8%	$42.37	—	COM	89353D107
CM	CDN IMPERIAL BK COMM TORONTO	440,435	$31.69M	4.4%	$22.32	-3.2%	COM	136069101
ENB	ENBRIDGE INC	828,914	$30.78M	4.3%	$23.28	-1.1%	COM	29250N105
CNI	CANADIAN NATL RY CO	491,771	$27.91M	3.9%	$41.63	+15.6%	COM	136375102
BMO	BANK MONTREAL QUE	489,742	$26.71M	3.7%	$37.93	-4.9%	COM	063671101
RCI	ROGERS COMMUNICATIONS INC	546,242	$18.84M	2.6%	$42.35	-18.7%	CL B	775109200
SU	SUNCOR ENERGY INC NEW	641,962	$17.15M	2.4%	$19.83	-6.4%	COM	867224107
TU	TELUS CORP	465,061	$14.67M	2.1%	$17.49	-5.0%	COM	87971M103
—	THOMSON REUTERS CORP	311,164	$12.53M	1.8%	$33.88	—	COM	884903105
PG	PROCTER & GAMBLE CO	162,222	$11.67M	1.6%	$55.36	+1.8%	COM	742718109
PFE	PFIZER INC	337,011	$10.59M	1.5%	$16.63	+23.9%	COM	717081103
MSFT	MICROSOFT CORP	210,052	$9.297M	1.3%	$31.52	+23.5%	COM	594918104
BEP	BROOKFIELD RENEWABLE ENRGY P	334,683	$9.201M	1.3%	$29.44	—	PARTNERSHIP UNIT	G16258108
WFC	WELLS FARGO & CO NEW	168,581	$8.657M	1.2%	$28.51	+44.1%	COM	949746101
JNJ	JOHNSON & JOHNSON	89,910	$8.393M	1.2%	$60.00	+20.8%	COM	478160104
CNQ	CANADIAN NAT RES LTD	426,481	$8.295M	1.2%	$8.76	-19.3%	COM	136385101
VET	VERMILION ENERGY INC	234,154	$7.528M	1.1%	$55.30	-38.4%	COM	923725105
SLF	SUN LIFE FINL INC	229,332	$7.398M	1.0%	$31.39	+3.3%	COM	866796105
MGA	MAGNA INTL INC	140,329	$6.737M	0.9%	$30.12	+26.9%	COM	559222401
—	AGRIUM INC	74,549	$6.672M	0.9%	$94.15	—	COM	008916108
—	GENERAL ELECTRIC CO	259,910	$6.555M	0.9%	$23.67	—	COM	369604103
—	VALEANT PHARMACEUTICALS INTL	36,664	$6.54M	0.9%	$203.81	—	COM	91911K102
PBA	PEMBINA PIPELINE CORP	270,344	$6.491M	0.9%	$20.25	-20.2%	COM	706327103
DIS	DISNEY WALT CO	61,705	$6.306M	0.9%	$94.84	+5.2%	COM DISNEY	254687106
AAPL	APPLE INC	56,686	$6.253M	0.9%	$20.59	+27.7%	COM	037833100
JPM	JPMORGAN CHASE & CO	100,439	$6.124M	0.9%	$39.37	+26.0%	COM	46625H100
MRK	MERCK & CO INC NEW	119,353	$5.895M	0.8%	$32.82	+17.0%	COM	58933Y105
MFC	MANULIFE FINL CORP	337,844	$5.23M	0.7%	$15.21	+10.3%	COM	56501R106
—	CRESCENT PT ENERGY CORP	456,682	$5.22M	0.7%	$40.15	—	COM	22576C101
—	UNILEVER N V	128,836	$5.18M	0.7%	$40.70	—	N Y SHS NEW	904784709
—	CANADIAN PAC RY LTD	35,446	$5.089M	0.7%	$148.51	—	COM	13645T100
QSR	RESTAURANT BRANDS INTL INC	131,671	$4.73M	0.7%	$39.63	+0.0%	COM	76131D103
—	GOOGLE INC	7,331	$4.68M	0.7%	$560.39	—	CL A	38259P508
MMM	3M CO	30,244	$4.288M	0.6%	$88.82	-1.5%	COM	88579Y101
CMCSA	COMCAST CORP NEW	75,254	$4.281M	0.6%	$16.39	+42.4%	CL A	20030N101
MCD	MCDONALDS CORP	41,158	$4.055M	0.6%	$71.80	+4.9%	COM	580135101
HON	HONEYWELL INTL INC	42,305	$4.006M	0.6%	$55.53	+32.1%	COM	438516106
CVS	CVS HEALTH CORP	40,908	$3.947M	0.6%	$42.80	+81.7%	COM	126650100
C	CITIGROUP INC	78,158	$3.877M	0.5%	$36.61	+11.3%	COM NEW	172967424
—	POTASH CORP SASK INC	173,890	$3.573M	0.5%	$37.84	—	COM	73755L107
VZ	VERIZON COMMUNICATIONS INC	80,317	$3.495M	0.5%	$26.90	+0.4%	COM	92343V104
ABT	ABBOTT LABS	84,531	$3.4M	0.5%	$34.16	+13.6%	COM	002824100
HOG	HARLEY DAVIDSON INC	60,200	$3.305M	0.5%	$56.42	0.0%	COM	412822108
XOM	EXXON MOBIL CORP	43,684	$3.248M	0.5%	$53.97	-9.1%	COM	30231G102
KO	COCA COLA CO	80,063	$3.212M	0.5%	$28.79	+0.1%	COM	191216100
—	SHAW COMMUNICATIONS INC	164,100	$3.184M	0.4%	$24.14	—	CL B CONV	82028K200
DE	DEERE & CO	40,760	$3.017M	0.4%	$74.09	-1.0%	COM	244199105
CL	COLGATE PALMOLIVE CO	46,305	$2.939M	0.4%	$44.38	+15.6%	COM	194162103
—	BROOKFIELD ASSET MGMT INC	93,006	$2.924M	0.4%	$47.54	—	CL A LTD VT SH	112585104
AZO	AUTOZONE INC	3,981	$2.882M	0.4%	$635.72	+11.4%	COM	053332102
V	VISA INC	40,983	$2.855M	0.4%	$62.03	+7.0%	COM CL A	92826C839
ABBV	ABBVIE INC	48,307	$2.628M	0.4%	$27.25	+56.1%	COM	00287Y109
UNP	UNION PAC CORP	29,213	$2.583M	0.4%	$73.59	-1.9%	COM	907818108
CHKP	CHECK POINT SOFTWARE TECH LT	31,702	$2.514M	0.4%	$81.48	-1.9%	ORD	M22465104
CVE	CENOVUS ENERGY INC	165,084	$2.503M	0.4%	$22.20	-47.5%	COM	15135U109
DHR	DANAHER CORP DEL	28,737	$2.449M	0.3%	$35.38	+1.8%	COM	235851102
—	GOLDCORP INC NEW	156,317	$1.957M	0.3%	$22.58	—	COM	380956409
PEP	PEPSICO INC	19,065	$1.798M	0.3%	$57.35	+21.2%	COM	713448108
CVX	CHEVRON CORP NEW	21,727	$1.714M	0.2%	$71.33	-24.5%	COM	166764100
T	AT&T INC	52,228	$1.701M	0.2%	$11.48	+6.9%	COM	00206R102
TECK	TECK RESOURCES LTD	338,223	$1.623M	0.2%	$20.27	-65.0%	CL B	878742204
PM	PHILIP MORRIS INTL INC	18,512	$1.468M	0.2%	$49.60	-1.4%	COM	718172109
BIP	BROOKFIELD INFRAST PARTNERS	36,704	$1.35M	0.2%	$36.84	—	LP INT UNIT	G16252101
MO	ALTRIA GROUP INC	24,390	$1.327M	0.2%	$17.35	+55.7%	COM	02209S103
ADP	AUTOMATIC DATA PROCESSING IN	15,851	$1.274M	0.2%	$50.34	+26.9%	COM	053015103
—	CHUBB CORP	9,500	$1.165M	0.2%	$88.37	—	COM	171232101
IMO	IMPERIAL OIL LTD	33,248	$1.051M	0.1%	$33.87	-19.3%	COM NEW	453038408
COP	CONOCOPHILLIPS	21,302	$1.022M	0.1%	$40.25	-8.6%	COM	20825C104
—	PRAXAIR INC	9,580	$976K	0.1%	$117.58	—	COM	74005P104
CCJ	CAMECO CORP	78,059	$950K	0.1%	$17.58	-30.6%	COM	13321L108
SPY	SPDR S&P 500 ETF TR	4,603	$882K	0.1%	$167.05	—	TR UNIT	78462F103
BRK/B	BERKSHIRE HATHAWAY INC DEL	6,180	$806K	0.1%	$111.62	+22.7%	CL B NEW	084670702
IBM	INTERNATIONAL BUSINESS MACHS	5,263	$763K	0.1%	$117.34	-18.7%	COM	459200101
ACN	ACCENTURE PLC IRELAND	7,505	$738K	0.1%	$63.81	+31.3%	SHS CLASS A	G1151C101
ITW	ILLINOIS TOOL WKS INC	8,640	$711K	0.1%	$63.20	+8.1%	COM	452308109
KMI	KINDER MORGAN INC DEL	25,286	$700K	0.1%	$20.63	-5.2%	COM	49456B101
—	DU PONT E I DE NEMOURS & CO	13,945	$672K	0.1%	$55.05	—	COM	263534109
—	GOOGLE INC	1,058	$644K	0.1%	$608.70	—	CL C	38259P706
TAC	TRANSALTA CORP	136,740	$635K	0.1%	$10.48	-45.6%	COM	89346D107
MKL	MARKEL CORP	770	$617K	0.1%	$613.05	+38.0%	COM	570535104
TMO	THERMO FISHER SCIENTIFIC INC	5,000	$611K	0.1%	$124.72	+1.3%	COM	883556102
IDV	ISHARES TR	17,350	$488K	0.1%	$33.95	—	INTL SEL DIV ETF	464288448
INTC	INTEL CORP	15,880	$479K	0.1%	$20.85	+8.5%	COM	458140100
—	ENCANA CORP	66,217	$427K	0.1%	$17.17	—	COM	292505104
MDT	MEDTRONIC PLC	6,345	$425K	0.1%	$58.10	-1.9%	SHS	G5960L103
GILD	GILEAD SCIENCES INC	3,940	$387K	0.1%	$61.30	+26.4%	COM	375558103
GM	GENERAL MTRS CO	12,750	$383K	0.1%	$26.32	-8.2%	COM	37045V100
EFA	ISHARES TR	6,585	$377K	0.1%	$59.51	—	MSCI EAFE ETF	464287465
TGT	TARGET CORP	4,625	$364K	0.1%	$47.95	+22.3%	COM	87612E106
ORCL	ORACLE CORP	9,618	$347K	0.0%	$28.15	+16.9%	COM	68389X105
HD	HOME DEPOT INC	2,685	$310K	0.0%	$60.11	+50.5%	COM	437076102
OXY	OCCIDENTAL PETE CORP DEL	4,666	$309K	0.0%	$65.74	-21.9%	COM	674599105
DUK	DUKE ENERGY CORP NEW	4,302	$309K	0.0%	$42.83	+10.2%	COM NEW	26441C204
MET	METLIFE INC	6,490	$306K	0.0%	$30.60	+7.5%	COM	59156R108
—	MACQUARIE INFRASTRUCTURE COR	4,000	$299K	0.0%	$82.00	—	COM	55608B105
SBUX	STARBUCKS CORP	4,980	$283K	0.0%	$45.32	0.0%	COM	855244109
META	FACEBOOK INC	3,000	$270K	0.0%	$61.09	+49.2%	CL A	30303M102
VWO	VANGUARD INTL EQUITY INDEX F	8,140	$269K	0.0%	$38.22	—	FTSE EMR MKT ETF	922042858
—	GROUPE CGI INC	6,781	$246K	0.0%	$34.90	—	CL A SUB VTG	39945C109
CSCO	CISCO SYS INC	9,374	$246K	0.0%	$16.05	+22.0%	COM	17275R102
UNH	UNITEDHEALTH GROUP INC	2,100	$244K	0.0%	$99.59	+1.6%	COM	91324P102
DEO	DIAGEO P L C	2,243	$242K	0.0%	$120.22	—	SPON ADR NEW	25243Q205
—	BROOKFIELD PPTY PARTNERS L P	11,071	$238K	0.0%	$22.25	—	UNIT LTD PARTN	G16249107
CSX	CSX CORP	8,734	$235K	0.0%	$7.72	+8.4%	COM	126408103
PAYX	PAYCHEX INC	4,925	$235K	0.0%	$26.26	+29.8%	COM	704326107
BMY	BRISTOL MYERS SQUIBB CO	3,940	$233K	0.0%	$34.21	+30.2%	COM	110122108
—	PROGRESSIVE WASTE SOLUTIONS	8,220	$217K	0.0%	$26.75	—	COM	74339G101
NVS	NOVARTIS A G	2,349	$216K	0.0%	$94.58	—	SPONSORED ADR	66987V109
STN	STANTEC INC	9,606	$210K	0.0%	$21.86	—	COM	85472N109
—	BARRICK GOLD CORP	11,080	$70,000	0.0%	$13.91	—	COM	067901108
MSN	EMERSON RADIO CORP	11,000	$13,000	0.0%	$1.19	+2.4%	COM NEW	291087203