Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	ROYAL BK CDA	492,881	$47.72M	5.5%	$96.82	$61.52	+57.4%	COM	780087102
TD	TORONTO DOMINION BK ONT	693,719	$45.49M	5.2%	$65.57	$43.41	+51.1%	COM NEW	891160509
DG	DOLLAR GEN CORP NEW	157,365	$38.62M	4.4%	$245.44 *	$64.47	+257.2%	COM	256677105
CVE	CENOVUS ENERGY INC	1,978,050	$37.63M	4.3%	$19.02 *	$10.35	+68.0%	COM	15135U109
PFE	PFIZER INC	702,067	$36.81M	4.2%	$52.43 *	$18.63	+132.7%	COM	717081103
CVS	CVS HEALTH CORP	395,567	$36.65M	4.2%	$92.66 *	$70.49	+15.8%	COM	126650100
BIP	BROOKFIELD INFRAST PARTNERS	956,314	$36.53M	4.2%	$38.20	$37.76	—	LP INT UNIT	G16252101
TU	TELUS CORPORATION	1,580,318	$35.2M	4.0%	$22.27	$17.95	+24.1%	COM	87971M103
SU	SUNCOR ENERGY INC NEW	973,392	$34.15M	3.9%	$35.08 *	$19.22	+59.3%	COM	867224107
BNS	BANK NOVA SCOTIA B C	538,456	$31.86M	3.7%	$59.18 *	$30.81	+57.1%	COM	064149107
UPS	UNITED PARCEL SERVICE INC	167,470	$30.57M	3.5%	$182.54 *	$81.80	+88.4%	CL B	911312106
JPM	JPMORGAN CHASE & CO	251,972	$28.38M	3.3%	$112.61 *	$38.82	+164.7%	COM	46625H100
ENB	ENBRIDGE INC	669,097	$28.25M	3.2%	$42.23 *	$22.78	+47.5%	COM	29250N105
MSFT	MICROSOFT CORP	108,110	$27.77M	3.2%	$256.83 *	$29.71	+740.0%	COM	594918104
GOOG	ALPHABET INC	11,895	$26.02M	3.0%	$2187.47 *	$36.30	+199.0%	CAP STK CL C	02079K107
EOG	EOG RES INC	225,124	$24.86M	2.9%	$110.44 *	$105.75	-10.0%	COM	26875P101
TRP	TC ENERGY CORP	464,164	$24.04M	2.8%	$51.80 *	$34.82	+24.4%	COM	87807B107
KMX	CARMAX INC	263,899	$23.88M	2.7%	$90.48	$48.58	+86.2%	COM	143130102
CSCO	CISCO SYS INC	555,730	$23.7M	2.7%	$42.64 *	$20.54	+85.7%	COM	17275R102
C	CITIGROUP INC	477,055	$21.94M	2.5%	$45.99 *	$38.97	+3.6%	COM NEW	172967424
META	META PLATFORMS INC	131,389	$21.19M	2.4%	$161.25	$182.40	-12.2%	CL A	30303M102
CAE	CAE INC	827,471	$20.39M	2.3%	$24.64	$10.38	+137.1%	COM	124765108
MGA	MAGNA INTL INC	341,847	$18.77M	2.2%	$54.90 *	$43.01	+12.5%	COM	559222401
GM	GENERAL MTRS CO	581,097	$18.46M	2.1%	$31.76 *	$34.04	-10.0%	COM	37045V100
ROST	ROSS STORES INC	260,600	$18.3M	2.1%	$70.23 *	$85.43	-20.9%	COM	778296103
GILD	GILEAD SCIENCES INC	275,918	$17.05M	2.0%	$61.81 *	$48.08	+13.4%	COM	375558103
MDT	MEDTRONIC PLC	188,084	$16.88M	1.9%	$89.75 *	$89.40	-9.8%	SHS	G5960L103
WDC	WESTERN DIGITAL CORP.	350,733	$15.72M	1.8%	$44.83 *	$35.04	-3.7%	COM	958102105
BSX	BOSTON SCIENTIFIC CORP	404,134	$15.06M	1.7%	$37.27	$38.30	-2.7%	COM	101137107
GOOGL	ALPHABET INC	4,076	$8.883M	1.0%	$2179.34 *	$37.22	+190.6%	CAP STK CL A	02079K305
AEP	AMERICAN ELEC PWR CO INC	81,100	$7.781M	0.9%	$95.94 *	$73.07	+15.2%	COM	025537101
PRAA	PRA GROUP INC	190,557	$6.929M	0.8%	$36.36	$37.92	-4.1%	COM	69354N106
BCE	BCE INC	95,096	$4.674M	0.5%	$49.15 *	$27.32	+39.1%	COM NEW	05534B760
FTS	FORTIS INC	74,700	$3.531M	0.4%	$47.27 *	$31.98	+28.8%	COM	349553107
DHR	DANAHER CORPORATION	12,892	$3.268M	0.4%	$253.49 *	$26.26	+741.3%	COM	235851102
CM	CANADIAN IMP BK COMM	67,252	$3.266M	0.4%	$48.56 *	$35.03	+18.0%	COM	136069101
VZ	VERIZON COMMUNICATIONS INC	52,200	$2.649M	0.3%	$50.75 *	$42.03	-4.2%	COM	92343V104
FSV	FIRSTSERVICE CORP NEW	19,821	$2.404M	0.3%	$121.29 *	$86.95	+36.4%	COM	33767E202
OTEX	OPEN TEXT CORP	59,130	$2.237M	0.3%	$37.83 *	$22.56	+50.3%	COM	683715106
GLW	CORNING INC	68,900	$2.171M	0.2%	$31.51 *	$33.39	-14.5%	COM	219350105
CVX	CHEVRON CORP NEW	14,375	$2.081M	0.2%	$144.77 *	$77.30	+62.4%	COM	166764100
UNP	UNION PAC CORP	9,335	$1.991M	0.2%	$213.28 *	$184.59	+6.4%	COM	907818108
EFA	ISHARES TR	31,550	$1.972M	0.2%	$62.50	$71.77	-12.9%	MSCI EAFE ETF	464287465
BMO	BANK MONTREAL QUE	16,544	$1.591M	0.2%	$96.17 *	$51.64	+59.9%	COM	063671101
—	BROOKFIELD ASSET MGMT INC	34,408	$1.53M	0.2%	$44.47	$35.48	—	CL A LTD VT SH	112585104
PBA	PEMBINA PIPELINE CORP	41,000	$1.449M	0.2%	$35.34 *	$20.56	+45.4%	COM	706327103
JNJ	JOHNSON & JOHNSON	7,776	$1.38M	0.2%	$177.47 *	$96.36	+66.0%	COM	478160104
CNQ	CANADIAN NAT RES LTD	22,475	$1.208M	0.1%	$53.75 *	$7.05	+216.8%	COM	136385101
XOM	EXXON MOBIL CORP	9,832	$842K	0.1%	$85.64 *	$53.12	+42.9%	COM	30231G102
TROW	PRICE T ROWE GROUP INC	7,100	$807K	0.1%	$113.66 *	$47.69	+102.7%	COM	74144T108
COST	COSTCO WHSL CORP NEW	1,489	$714K	0.1%	$479.52 *	$118.96	+285.3%	COM	22160K105
PEP	PEPSICO INC	4,250	$708K	0.1%	$166.59 *	$81.12	+83.7%	COM	713448108
CNI	CANADIAN NATL RY CO	5,022	$565K	0.1%	$112.50 *	$56.31	+86.4%	COM	136375102
KMB	KIMBERLY-CLARK CORP	4,150	$561K	0.1%	$135.18 *	$84.96	+39.5%	COM	494368103
T	AT&T INC	24,500	$514K	0.1%	$20.98 *	$15.98	+7.4%	COM	00206R102
—	THOMSON REUTERS CORP.	4,100	$427K	0.0%	$104.15	$48.31	—	COM NEW	884903709
EXC	EXELON CORP	8,800	$399K	0.0%	$45.34 *	$21.77	+83.1%	COM	30161N101
WFC	WELLS FARGO CO NEW	9,000	$353K	0.0%	$39.22 *	$29.90	+19.5%	COM	949746101
IMO	IMPERIAL OIL LTD	7,192	$339K	0.0%	$47.14 *	$46.56	-7.5%	COM NEW	453038408
INTC	INTEL CORP	9,000	$337K	0.0%	$37.44 *	$49.65	-29.0%	COM	458140100
RCI	ROGERS COMMUNICATIONS INC	6,920	$332K	0.0%	$47.98	$47.12	+1.6%	CL B	775109200
MTB	M & T BK CORP	2,000	$319K	0.0%	$159.50 *	$96.63	+47.0%	COM	55261F104
FTV	FORTIVE CORP	4,405	$240K	0.0%	$54.48 *	$31.16	+29.5%	COM	34959J108
EIX	EDISON INTL	3,500	$221K	0.0%	$63.14 *	$52.64	+1.8%	COM	281020107
BHC	BAUSCH HEALTH COS INC	24,300	$203K	0.0%	$8.35	$22.90	-63.5%	COM	071734107