Guardian Partners Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XLU	SELECT SECTOR SPDR TR	119,400	$5,097	0.4%	$42.69	—	STATE STREET UTI	81369Y886
TFII	TFI INTL INC	37,960	$4,622	0.4%	$93.07	0.0%	COM	87241L109
JXI	ISHARES TR	52,100	$4,098	0.3%	$78.65	—	GLOB UTILITS ETF	464288711
UL	UNILEVER PLC	45,768	$3,230	0.3%	$70.57	—	SPON ADR NEW	904767803
PHYS	SPROTT ASSET MANAGEMENT LP	85,000	$3,157	0.3%	$37.14	—	PHYSICAL GOLD TR	85207H104
IAU	ISHARES GOLD TR	30,000	$2,788	0.2%	$92.92	—	ISHARES NEW	464285204
EEM	ISHARES TR	46,000	$2,705	0.2%	$58.80	—	MSCI EMG MKT ETF	464287234
FCG	FIRST TR EXCHANGE-TRADED FD	92,600	$2,168	0.2%	$23.41	—	NAT GAS ETF	33733E807
RKT	ROCKET COS INC	102,300	$2,040	0.2%	$17.88	0.0%	COM CL A	77311W101
XLV	SELECT SECTOR SPDR TR	13,000	$2,028	0.2%	$156.03	—	STATE STREET HEA	81369Y209
PL	PLANET LABS PBC	80,000	$1,742	0.1%	$14.34	0.0%	COM CL A	72703X106
SHEL	SHELL PLC	18,654	$1,469	0.1%	$78.76	—	SPON ADS	780259305
GM	GENERAL MTRS CO	17,000	$1,467	0.1%	$70.40	0.0%	COM	37045V100
WDC	WESTERN DIGITAL CORP	5,000	$1,347	0.1%	$151.55	0.0%	COM	958102105
INTC	INTEL CORP	26,600	$1,293	0.1%	$37.76	0.0%	COM	458140100
RKLB	ROCKET LAB CORP	16,000	$1,170	0.1%	$57.32	0.0%	COM	773121108
GEV	GE VERNOVA INC	1,531	$1,138	0.1%	$609.04	0.0%	COM	36828A101
NOK	NOKIA CORP	165,000	$1,122	0.1%	$6.80	—	SPONSORED ADR	654902204
MS	MORGAN STANLEY	6,209	$1,118	0.1%	$166.47	0.0%	COM NEW	617446448
EWZ	ISHARES INC	30,000	$1,109	0.1%	$36.98	—	MSCI BRAZIL ETF	464286400
SATS	ECHOSTAR CORP	10,000	$1,107	0.1%	$81.43	0.0%	CL A	278768106
CMI	CUMMINS INC	1,568	$950	0.1%	$466.32	0.0%	COM	231021106
IEMG	ISHARES INC	11,000	$795	0.1%	$72.29	—	CORE MSCI EMKT	46434G103
GH	GUARDANT HEALTH INC	7,000	$743	0.1%	$89.46	0.0%	COM	40131M109
PLTR	PALANTIR TECHNOLOGIES INC	5,065	$707	0.1%	$181.03	0.0%	CL A	69608A108
NTRA	NATERA INC	3,400	$699	0.1%	$208.59	0.0%	COM	632307104
CAT	CATERPILLAR INC	1,000	$692	0.1%	$555.50	0.0%	COM	149123101
CRWD	CROWDSTRIKE HLDGS INC	1,600	$662	0.1%	$509.22	0.0%	CL A	22788C105
B	BARRICK MNG CORP	10,711	$511	0.0%	$37.42	0.0%	COM SHS	06849F108
COP	CONOCOPHILLIPS	4,098	$441	0.0%	$90.02	0.0%	COM	20825C104
ABBV	ABBVIE INC	1,976	$429	0.0%	$227.54	0.0%	COM	00287Y109
DRI	DARDEN RESTAURANTS INC	1,974	$419	0.0%	$182.09	0.0%	COM	237194105
CVS	CVS HEALTH CORP	5,224	$393	0.0%	$78.67	0.0%	COM	126650100
SNA	SNAP ON INC	1,005	$385	0.0%	$340.47	0.0%	COM	833034101
LAMR	LAMAR ADVERTISING CO NEW	2,977	$382	0.0%	$128.31	—	CL A	512816109
PEG	PUBLIC SVC ENTERPRISE GRP IN	4,543	$364	0.0%	$81.08	0.0%	COM	744573106
ORI	OLD REP INTL CORP	8,873	$362	0.0%	$40.84	0.0%	COM	680223104
YUMC	YUM CHINA HLDGS INC	6,788	$360	0.0%	$45.81	0.0%	COM	98850P109
SPG	SIMON PPTY GROUP INC NEW	1,842	$360	0.0%	$179.99	0.0%	COM	828806109
DKS	DICKS SPORTING GOODS INC	1,607	$338	0.0%	$217.13	0.0%	COM	253393102
PAYX	PAYCHEX INC	3,387	$334	0.0%	$116.54	0.0%	COM	704326107
PDS	PRECISION DRILLING CORP	3,372	$281	0.0%	$61.41	0.0%	COM NEW	74022D407
WSO	WATSCO INC	686	$281	0.0%	$357.07	0.0%	COM	942622200
NEM	NEWMONT CORP	2,871	$277	0.0%	$90.20	0.0%	COM	651639106
WAT	WATERS CORP	721	$276	0.0%	$367.96	0.0%	COM	941848103
UPS	UNITED PARCEL SERVICE INC	2,149	$250	0.0%	$92.75	0.0%	CL B	911312106
CLS	CELESTICA INC	850	$249	0.0%	$301.37	0.0%	COM	15101Q207
IDV	ISHARES TR	5,598	$239	0.0%	$42.73	—	INTL SEL DIV ETF	464288448
EFA	ISHARES TR	2,319	$236	0.0%	$101.64	—	MSCI EAFE ETF	464287465
RHP	RYMAN HOSPITALITY PPTYS INC	2,279	$219	0.0%	$96.17	—	COM	78377T107
IEFA	ISHARES TR	2,272	$216	0.0%	$94.92	—	CORE MSCI EAFE	46432F842
LEGN	LEGEND BIOTECH CORP	12,500	$208	0.0%	$16.65	—	SPONSORED ADS	52490G102

Increased Positions (94)

RY ROYAL BK CDA 6.9%

Value ($000) $85,879 (+23.0%) Shares 507,206 (+7.2%) Est. Cost $125.46 Unrealized +22.4%

TD TORONTO DOMINION BK ONT 5.5%

Value ($000) $68,065 (+28.5%) Shares 716,017 (+8.9%) Est. Cost $58.42 Unrealized +44.5%

CM CANADIAN IMPERIAL BANK OF CO 2.9%

Value ($000) $36,080 (+46.3%) Shares 381,494 (+24.7%) Est. Cost $66.36 Unrealized +29.3%

GOOGL ALPHABET INC 1.8%

Value ($000) $22,701 (+76.6%) Shares 68,353 (+30.2%) Est. Cost $200.23 Unrealized +42.6%

BNS BANK NOVA SCOTIA HALIFAX 3.8%

Value ($000) $47,522 (+24.9%) Shares 638,369 (+8.6%) Est. Cost $52.85 Unrealized +28.6%

BMO BANK MONTREAL QUE 4.2%

Value ($000) $52,160 (+17.8%) Shares 371,924 (+9.8%) Est. Cost $94.22 Unrealized +34.4%

CNQ CANADIAN NAT RES LTD 1.7%

Value ($000) $21,457 (+39.7%) Shares 559,344 (+15.9%) Est. Cost $32.47 Unrealized -0.1%

NTR NUTRIEN LTD 2.0%

Value ($000) $25,497 (+30.6%) Shares 358,454 (+4.1%) Est. Cost $47.13 Unrealized +24.9%

JNJ JOHNSON & JOHNSON 1.8%

Value ($000) $22,742 (+32.7%) Shares 97,316 (+5.7%) Est. Cost $152.14 Unrealized +29.5%

AAPL APPLE INC 2.3%

Value ($000) $29,032 (+22.7%) Shares 105,312 (+13.7%) Est. Cost $237.23 Unrealized +13.1%

QQQ INVESCO QQQ TR 0.4%

Value ($000) $5,392 (+1602.4%) Shares 8,925 (+1600.0%) Est. Cost $598.87 Unrealized —

MSFT MICROSOFT CORP 2.3%

Value ($000) $28,405 (-15.0%) Shares 68,810 (+7.0%) Est. Cost $427.48 Unrealized +17.1%

SU SUNCOR ENERGY INC NEW 1.2%

Value ($000) $15,408 (+39.6%) Shares 293,698 (+10.0%) Est. Cost $37.81 Unrealized +11.8%

BN BROOKFIELD CORP 1.9%

Value ($000) $24,246 (+21.6%) Shares 530,895 (+81.2%) Est. Cost $41.04 Unrealized +11.0%

JPM JPMORGAN CHASE & CO. 2.6%

Value ($000) $31,888 (+15.6%) Shares 100,818 (+13.5%) Est. Cost $237.75 Unrealized +30.2%

AMAT APPLIED MATLS INC 0.3%

Value ($000) $4,305 (+1585.4%) Shares 14,517 (+1137.6%) Est. Cost $234.75 Unrealized +2.0%

EMR EMERSON ELEC CO 1.7%

Value ($000) $20,927 (+21.5%) Shares 133,483 (+1.7%) Est. Cost $119.24 Unrealized +11.0%

ING ING GROEP N.V. 1.8%

Value ($000) $21,943 (+18.2%) Shares 718,678 (+1.0%) Est. Cost $15.93 Unrealized —

NGG NATIONAL GRID PLC 1.2%

Value ($000) $15,181 (+25.6%) Shares 173,539 (+4.6%) Est. Cost $59.28 Unrealized —

SAP SAP SE 0.8%

Value ($000) $9,872 (-21.7%) Shares 49,610 (+6.2%) Est. Cost $250.30 Unrealized —

OTEX OPEN TEXT CORP 0.4%

Value ($000) $5,286 (-33.6%) Shares 225,939 (+5.6%) Est. Cost $29.57 Unrealized +19.8%

ENB ENBRIDGE INC 3.3%

Value ($000) $41,130 (+6.4%) Shares 823,603 (+5.9%) Est. Cost $39.65 Unrealized +18.8%

TXN TEXAS INSTRS INC 0.8%

Value ($000) $10,237 (+30.7%) Shares 46,083 (+6.1%) Est. Cost $191.62 Unrealized -10.9%

CVX CHEVRON CORP NEW 1.0%

Value ($000) $12,797 (+20.1%) Shares 70,862 (+2.8%) Est. Cost $145.75 Unrealized +3.9%

CNI CANADIAN NATL RY CO 2.0%

Value ($000) $24,553 (+9.0%) Shares 248,911 (+4.6%) Est. Cost $106.24 Unrealized -9.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.0%

Value ($000) $11,978 (+19.5%) Shares 36,874 (+6.2%) Est. Cost $213.95 Unrealized —

CVE CENOVUS ENERGY INC 0.2%

Value ($000) $2,619 (+245.5%) Shares 129,804 (+187.0%) Est. Cost $16.77 Unrealized +3.6%

RTX RTX CORPORATION 0.9%

Value ($000) $11,299 (+19.7%) Shares 57,633 (+2.1%) Est. Cost $119.38 Unrealized +45.2%

TRP TC ENERGY CORP 0.9%

Value ($000) $11,045 (+19.9%) Shares 187,100 (+9.6%) Est. Cost $46.24 Unrealized +15.4%

AMZN AMAZON COM INC 0.4%

Value ($000) $4,857 (+57.1%) Shares 20,906 (+49.2%) Est. Cost $214.72 Unrealized +6.6%

MUFG MITSUBISHI UFJ FINL GROUP IN 0.8%

Value ($000) $10,604 (+19.9%) Shares 573,638 (+1.5%) Est. Cost $12.18 Unrealized —

GLD SPDR GOLD TR 0.2%

Value ($000) $1,941 (+843.4%) Shares 4,278 (+640.1%) Est. Cost $440.59 Unrealized —

MCD MCDONALDS CORP 1.4%

Value ($000) $17,577 (+9.3%) Shares 54,494 (+1.9%) Est. Cost $290.49 Unrealized +5.0%

MGA MAGNA INTL INC 0.9%

Value ($000) $11,141 (+15.5%) Shares 210,210 (+3.6%) Est. Cost $40.83 Unrealized +19.7%

FTS FORTIS INC 1.3%

Value ($000) $16,638 (+9.6%) Shares 307,660 (+2.4%) Est. Cost $42.23 Unrealized +20.4%

CME CME GROUP INC 0.5%

Value ($000) $5,821 (+32.9%) Shares 19,819 (+20.3%) Est. Cost $233.98 Unrealized +15.7%

PBA PEMBINA PIPELINE CORP 0.9%

Value ($000) $11,315 (+14.3%) Shares 269,137 (+8.8%) Est. Cost $39.07 Unrealized -1.6%

MFC MANULIFE FINL CORP 0.6%

Value ($000) $7,151 (+23.5%) Shares 191,751 (+4.3%) Est. Cost $31.10 Unrealized +9.1%

MRK MERCK & CO INC 0.1%

Value ($000) $1,482 (+510.2%) Shares 12,574 (+366.6%) Est. Cost $94.41 Unrealized -1.2%

NVDA NVIDIA CORPORATION 0.3%

Value ($000) $4,084 (+34.3%) Shares 23,515 (+44.8%) Est. Cost $155.37 Unrealized +19.8%

SBUX STARBUCKS CORP 0.4%

Value ($000) $5,498 (+23.3%) Shares 56,904 (+7.7%) Est. Cost $93.04 Unrealized -9.7%

AFL AFLAC INC 0.7%

Value ($000) $8,168 (+14.1%) Shares 72,132 (+11.6%) Est. Cost $106.78 Unrealized +2.9%

NVS NOVARTIS AG 0.1%

Value ($000) $1,241 (+340.2%) Shares 8,140 (+280.4%) Est. Cost $138.70 Unrealized —

INTU INTUIT 0.2%

Value ($000) $2,418 (-28.4%) Shares 5,445 (+9.6%) Est. Cost $637.94 Unrealized +3.6%

EMA EMERA INC 0.8%

Value ($000) $9,392 (+10.9%) Shares 187,522 (+5.7%) Est. Cost $43.62 Unrealized +10.8%

ILMN ILLUMINA INC 0.2%

Value ($000) $2,763 (+49.1%) Shares 20,671 (+14.1%) Est. Cost $88.29 Unrealized +33.0%

MA MASTERCARD INCORPORATED 1.1%

Value ($000) $13,458 (+6.9%) Shares 24,395 (+11.2%) Est. Cost $519.13 Unrealized +7.7%

SLF SUN LIFE FINANCIAL INC. 0.8%

Value ($000) $9,673 (+9.4%) Shares 148,149 (+1.1%) Est. Cost $59.02 Unrealized +2.4%

SNY SANOFI SA 0.8%

Value ($000) $9,729 (+7.2%) Shares 203,060 (+11.3%) Est. Cost $49.10 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $2,594 (+30.1%) Shares 5,163 (+29.0%) Est. Cost $471.23 Unrealized +5.6%

WCN WASTE CONNECTIONS INC 0.2%

Value ($000) $2,922 (+24.8%) Shares 17,331 (+29.8%) Est. Cost $178.87 Unrealized -3.4%

UNP UNION PAC CORP 0.1%

Value ($000) $836 (+224.0%) Shares 3,349 (+204.7%) Est. Cost $228.07 Unrealized -0.3%

BCE BCE INC 0.3%

Value ($000) $4,159 (+14.6%) Shares 158,788 (+2.9%) Est. Cost $26.07 Unrealized -11.6%

NKE NIKE INC 0.5%

Value ($000) $6,730 (+8.5%) Shares 105,167 (+25.8%) Est. Cost $72.83 Unrealized -10.9%

SHY ISHARES TR 0.1%

Value ($000) $1,140 (+79.8%) Shares 13,796 (+80.2%) Est. Cost $82.32 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.2%

Value ($000) $2,162 (+29.5%) Shares 13,635 (+49.3%) Est. Cost $174.78 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 1.3%

Value ($000) $16,832 (-2.6%) Shares 340,315 (+10.0%) Est. Cost $52.23 Unrealized +2.4%

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $708 (+162.6%) Shares 7,515 (+120.4%) Est. Cost $85.01 Unrealized -7.9%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $1,342 (+45.7%) Shares 7,440 (+30.0%) Est. Cost $128.20 Unrealized +19.8%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $2,164 (+22.9%) Shares 471 (+43.2%) Est. Cost $4876.80 Unrealized +5.4%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $1,623 (-18.6%) Shares 22,032 (+6.8%) Est. Cost $74.81 Unrealized +20.4%

BIL SPDR SERIES TRUST 0.1%

Value ($000) $1,105 (+45.6%) Shares 12,127 (+46.1%) Est. Cost $91.40 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $685 (+92.1%) Shares 4,373 (+87.8%) Est. Cost $156.76 Unrealized -6.1%

BA BOEING CO 0.2%

Value ($000) $2,157 (+17.6%) Shares 9,175 (+7.6%) Est. Cost $224.07 Unrealized -8.2%

SPY SPDR S&P 500 ETF TR 0.7%

Value ($000) $8,207 (+4.0%) Shares 12,003 (+1.7%) Est. Cost $591.73 Unrealized —

MO ALTRIA GROUP INC 0.1%

Value ($000) $928 (+51.4%) Shares 14,250 (+54.1%) Est. Cost $52.52 Unrealized +13.0%

DHR DANAHER CORPORATION 0.3%

Value ($000) $3,335 (+9.4%) Shares 15,246 (+6.5%) Est. Cost $242.46 Unrealized -9.5%

EXE EXPAND ENERGY CORPORATION 0.1%

Value ($000) $1,681 (+19.8%) Shares 15,450 (+20.2%) Est. Cost $101.05 Unrealized +9.5%

LQD ISHARES TR 0.0%

Value ($000) $583 (+73.8%) Shares 5,306 (+76.5%) Est. Cost $107.73 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value ($000) $874 (+34.5%) Shares 2,594 (+31.3%) Est. Cost $302.45 Unrealized —

DUK DUKE ENERGY CORP NEW 1.2%

Value ($000) $15,268 (+1.3%) Shares 125,364 (+1.8%) Est. Cost $109.02 Unrealized +11.5%

BLK BLACKROCK INC 0.2%

Value ($000) $2,273 (+9.3%) Shares 2,115 (+16.0%) Est. Cost $964.09 Unrealized +13.0%

CSCO CISCO SYS INC 0.0%

Value ($000) $579 (+49.0%) Shares 7,155 (+26.5%) Est. Cost $59.24 Unrealized +24.6%

BEPC BROOKFIELD RENEWABLE CORP 0.1%

Value ($000) $868 (+28.1%) Shares 20,895 (+10.5%) Est. Cost $29.90 Unrealized +33.7%

COF CAPITAL ONE FINL CORP 0.0%

Value ($000) $484 (+53.6%) Shares 2,150 (+45.8%) Est. Cost $186.85 Unrealized +18.9%

HD HOME DEPOT INC 0.1%

Value ($000) $894 (+19.2%) Shares 2,310 (+22.4%) Est. Cost $386.99 Unrealized -5.8%

ADP AUTOMATIC DATA PROCESSING IN 0.1%

Value ($000) $1,189 (-10.2%) Shares 5,080 (+11.9%) Est. Cost $285.45 Unrealized -7.2%

BAC BANK AMERICA CORP 0.1%

Value ($000) $837 (+17.6%) Shares 15,164 (+7.9%) Est. Cost $43.55 Unrealized +20.9%

BIPC BROOKFIELD INFRASTRUCTURE CO 0.0%

Value ($000) $431 (+40.2%) Shares 8,793 (+19.2%) Est. Cost $40.72 Unrealized +10.6%

VRSK VERISK ANALYTICS INC 0.1%

Value ($000) $1,303 (-8.5%) Shares 6,892 (+20.7%) Est. Cost $267.37 Unrealized -15.7%

NDAQ NASDAQ INC 0.3%

Value ($000) $3,159 (+3.9%) Shares 35,825 (+2.4%) Est. Cost $76.60 Unrealized +17.1%

AVGO BROADCOM INC 0.2%

Value ($000) $2,421 (+4.4%) Shares 7,884 (+13.4%) Est. Cost $209.73 Unrealized +70.2%

QSR RESTAURANT BRANDS INTL INC 0.1%

Value ($000) $643 (+19.0%) Shares 9,188 (+12.7%) Est. Cost $67.84 Unrealized +1.6%

UNH UNITEDHEALTH GROUP INC 0.4%

Value ($000) $4,833 (-2.0%) Shares 17,562 (+24.1%) Est. Cost $503.62 Unrealized -33.0%

VST VISTRA CORP 0.1%

Value ($000) $1,079 (-6.1%) Shares 7,600 (+33.3%) Est. Cost $156.07 Unrealized +16.6%

VOO VANGUARD INDEX FDS 0.0%

Value ($000) $416 (+19.8%) Shares 661 (+17.0%) Est. Cost $560.08 Unrealized —

TSLA TESLA INC 0.0%

Value ($000) $455 (+12.5%) Shares 1,125 (+27.8%) Est. Cost $348.21 Unrealized +27.3%

SNOW SNOWFLAKE INC 0.1%

Value ($000) $1,500 (+3.3%) Shares 9,100 (+44.4%) Est. Cost $223.77 Unrealized +9.1%

AGG ISHARES TR 0.1%

Value ($000) $738 (+6.6%) Shares 7,421 (+7.4%) Est. Cost $96.68 Unrealized —

FNV FRANCO NEV CORP 0.0%

Value ($000) $402 (+10.1%) Shares 1,692 (+3.2%) Est. Cost $125.28 Unrealized +61.9%

ICSH ISHARES TR 0.0%

Value ($000) $376 (+10.1%) Shares 7,446 (+10.4%) Est. Cost $50.50 Unrealized —

HYG ISHARES TR 0.0%

Value ($000) $423 (+8.4%) Shares 5,252 (+9.1%) Est. Cost $79.07 Unrealized —

MKTX MARKETAXESS HLDGS INC 0.0%

Value ($000) $243 (+9.3%) Shares 1,500 (+15.4%) Est. Cost $245.80 Unrealized -31.0%

V VISA INC 0.1%

Value ($000) $713 (-2.8%) Shares 2,170 (+2.9%) Est. Cost $307.87 Unrealized +10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RY	ROYAL BK CDA	507,206 (+7.2%)	$85,879 (+23.0%)	6.9%	$125.46	+22.4%	COM	780087102
TD	TORONTO DOMINION BK ONT	716,017 (+8.9%)	$68,065 (+28.5%)	5.5%	$58.42	+44.5%	COM NEW	891160509
CM	CANADIAN IMPERIAL BANK OF CO	381,494 (+24.7%)	$36,080 (+46.3%)	2.9%	$66.36	+29.3%	COM	136069101
GOOGL	ALPHABET INC	68,353 (+30.2%)	$22,701 (+76.6%)	1.8%	$200.23	+42.6%	CAP STK CL A	02079K305
BNS	BANK NOVA SCOTIA HALIFAX	638,369 (+8.6%)	$47,522 (+24.9%)	3.8%	$52.85	+28.6%	COM	064149107
BMO	BANK MONTREAL QUE	371,924 (+9.8%)	$52,160 (+17.8%)	4.2%	$94.22	+34.4%	COM	063671101
CNQ	CANADIAN NAT RES LTD	559,344 (+15.9%)	$21,457 (+39.7%)	1.7%	$32.47	-0.1%	COM	136385101
NTR	NUTRIEN LTD	358,454 (+4.1%)	$25,497 (+30.6%)	2.0%	$47.13	+24.9%	COM	67077M108
JNJ	JOHNSON & JOHNSON	97,316 (+5.7%)	$22,742 (+32.7%)	1.8%	$152.14	+29.5%	COM	478160104
AAPL	APPLE INC	105,312 (+13.7%)	$29,032 (+22.7%)	2.3%	$237.23	+13.1%	COM	037833100
QQQ	INVESCO QQQ TR	8,925 (+1600.0%)	$5,392 (+1602.4%)	0.4%	$598.87	—	UNIT SER 1	46090E103
MSFT	MICROSOFT CORP	68,810 (+7.0%)	$28,405 (-15.0%)	2.3%	$427.48	+17.1%	COM	594918104
SU	SUNCOR ENERGY INC NEW	293,698 (+10.0%)	$15,408 (+39.6%)	1.2%	$37.81	+11.8%	COM	867224107
BN	BROOKFIELD CORP	530,895 (+81.2%)	$24,246 (+21.6%)	1.9%	$41.04	+11.0%	CL A LTD VT SH	11271J107
JPM	JPMORGAN CHASE & CO.	100,818 (+13.5%)	$31,888 (+15.6%)	2.6%	$237.75	+30.2%	COM	46625H100
AMAT	APPLIED MATLS INC	14,517 (+1137.6%)	$4,305 (+1585.4%)	0.3%	$234.75	+2.0%	COM	038222105
EMR	EMERSON ELEC CO	133,483 (+1.7%)	$20,927 (+21.5%)	1.7%	$119.24	+11.0%	COM	291011104
ING	ING GROEP N.V.	718,678 (+1.0%)	$21,943 (+18.2%)	1.8%	$15.93	—	SPONSORED ADR	456837103
NGG	NATIONAL GRID PLC	173,539 (+4.6%)	$15,181 (+25.6%)	1.2%	$59.28	—	SPONSORED ADR NE	636274409
SAP	SAP SE	49,610 (+6.2%)	$9,872 (-21.7%)	0.8%	$250.30	—	SPON ADR	803054204
OTEX	OPEN TEXT CORP	225,939 (+5.6%)	$5,286 (-33.6%)	0.4%	$29.57	+19.8%	COM	683715106
ENB	ENBRIDGE INC	823,603 (+5.9%)	$41,130 (+6.4%)	3.3%	$39.65	+18.8%	COM	29250N105
TXN	TEXAS INSTRS INC	46,083 (+6.1%)	$10,237 (+30.7%)	0.8%	$191.62	-10.9%	COM	882508104
CVX	CHEVRON CORP NEW	70,862 (+2.8%)	$12,797 (+20.1%)	1.0%	$145.75	+3.9%	COM	166764100
CNI	CANADIAN NATL RY CO	248,911 (+4.6%)	$24,553 (+9.0%)	2.0%	$106.24	-9.5%	COM	136375102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	36,874 (+6.2%)	$11,978 (+19.5%)	1.0%	$213.95	—	SPONSORED ADS	874039100
CVE	CENOVUS ENERGY INC	129,804 (+187.0%)	$2,619 (+245.5%)	0.2%	$16.77	+3.6%	COM	15135U109
RTX	RTX CORPORATION	57,633 (+2.1%)	$11,299 (+19.7%)	0.9%	$119.38	+45.2%	COM	75513E101
TRP	TC ENERGY CORP	187,100 (+9.6%)	$11,045 (+19.9%)	0.9%	$46.24	+15.4%	COM	87807B107
AMZN	AMAZON COM INC	20,906 (+49.2%)	$4,857 (+57.1%)	0.4%	$214.72	+6.6%	COM	023135106
MUFG	MITSUBISHI UFJ FINL GROUP IN	573,638 (+1.5%)	$10,604 (+19.9%)	0.8%	$12.18	—	SPONSORED ADS	606822104
GLD	SPDR GOLD TR	4,278 (+640.1%)	$1,941 (+843.4%)	0.2%	$440.59	—	GOLD SHS	78463V107
MCD	MCDONALDS CORP	54,494 (+1.9%)	$17,577 (+9.3%)	1.4%	$290.49	+5.0%	COM	580135101
MGA	MAGNA INTL INC	210,210 (+3.6%)	$11,141 (+15.5%)	0.9%	$40.83	+19.7%	COM	559222401
FTS	FORTIS INC	307,660 (+2.4%)	$16,638 (+9.6%)	1.3%	$42.23	+20.4%	COM	349553107
CME	CME GROUP INC	19,819 (+20.3%)	$5,821 (+32.9%)	0.5%	$233.98	+15.7%	COM	12572Q105
PBA	PEMBINA PIPELINE CORP	269,137 (+8.8%)	$11,315 (+14.3%)	0.9%	$39.07	-1.6%	COM	706327103
MFC	MANULIFE FINL CORP	191,751 (+4.3%)	$7,151 (+23.5%)	0.6%	$31.10	+9.1%	COM	56501R106
MRK	MERCK & CO INC	12,574 (+366.6%)	$1,482 (+510.2%)	0.1%	$94.41	-1.2%	COM	58933Y105
NVDA	NVIDIA CORPORATION	23,515 (+44.8%)	$4,084 (+34.3%)	0.3%	$155.37	+19.8%	COM	67066G104
SBUX	STARBUCKS CORP	56,904 (+7.7%)	$5,498 (+23.3%)	0.4%	$93.04	-9.7%	COM	855244109
AFL	AFLAC INC	72,132 (+11.6%)	$8,168 (+14.1%)	0.7%	$106.78	+2.9%	COM	001055102
NVS	NOVARTIS AG	8,140 (+280.4%)	$1,241 (+340.2%)	0.1%	$138.70	—	SPONSORED ADR	66987V109
INTU	INTUIT	5,445 (+9.6%)	$2,418 (-28.4%)	0.2%	$637.94	+3.6%	COM	461202103
EMA	EMERA INC	187,522 (+5.7%)	$9,392 (+10.9%)	0.8%	$43.62	+10.8%	COM	290876101
ILMN	ILLUMINA INC	20,671 (+14.1%)	$2,763 (+49.1%)	0.2%	$88.29	+33.0%	COM	452327109
MA	MASTERCARD INCORPORATED	24,395 (+11.2%)	$13,458 (+6.9%)	1.1%	$519.13	+7.7%	CL A	57636Q104
SLF	SUN LIFE FINANCIAL INC.	148,149 (+1.1%)	$9,673 (+9.4%)	0.8%	$59.02	+2.4%	COM	866796105
SNY	SANOFI SA	203,060 (+11.3%)	$9,729 (+7.2%)	0.8%	$49.10	—	SPONSORED ADR	80105N105
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,163 (+29.0%)	$2,594 (+30.1%)	0.2%	$471.23	+5.6%	CL B NEW	084670702
WCN	WASTE CONNECTIONS INC	17,331 (+29.8%)	$2,922 (+24.8%)	0.2%	$178.87	-3.4%	COM	94106B101
UNP	UNION PAC CORP	3,349 (+204.7%)	$836 (+224.0%)	0.1%	$228.07	-0.3%	COM	907818108
BCE	BCE INC	158,788 (+2.9%)	$4,159 (+14.6%)	0.3%	$26.07	-11.6%	COM NEW	05534B760
NKE	NIKE INC	105,167 (+25.8%)	$6,730 (+8.5%)	0.5%	$72.83	-10.9%	CL B	654106103
SHY	ISHARES TR	13,796 (+80.2%)	$1,140 (+79.8%)	0.1%	$82.32	—	1 3 YR TREAS BD	464287457
BABA	ALIBABA GROUP HLDG LTD	13,635 (+49.3%)	$2,162 (+29.5%)	0.2%	$174.78	—	SPONSORED ADS	01609W102
BAM	BROOKFIELD ASSET MANAGMT LTD	340,315 (+10.0%)	$16,832 (-2.6%)	1.3%	$52.23	+2.4%	CL A LMT VTG SHS	113004105
CL	COLGATE PALMOLIVE CO	7,515 (+120.4%)	$708 (+162.6%)	0.1%	$85.01	-7.9%	COM	194162103
PM	PHILIP MORRIS INTL INC	7,440 (+30.0%)	$1,342 (+45.7%)	0.1%	$128.20	+19.8%	COM	718172109
BKNG	BOOKING HOLDINGS INC	471 (+43.2%)	$2,164 (+22.9%)	0.2%	$4876.80	+5.4%	COM	09857L108
UBER	UBER TECHNOLOGIES INC	22,032 (+6.8%)	$1,623 (-18.6%)	0.1%	$74.81	+20.4%	COM	90353T100
BIL	SPDR SERIES TRUST	12,127 (+46.1%)	$1,105 (+45.6%)	0.1%	$91.40	—	STATE STREET SPD	78468R663
PG	PROCTER AND GAMBLE CO	4,373 (+87.8%)	$685 (+92.1%)	0.1%	$156.76	-6.1%	COM	742718109
BA	BOEING CO	9,175 (+7.6%)	$2,157 (+17.6%)	0.2%	$224.07	-8.2%	COM	097023105
SPY	SPDR S&P 500 ETF TR	12,003 (+1.7%)	$8,207 (+4.0%)	0.7%	$591.73	—	TR UNIT	78462F103
MO	ALTRIA GROUP INC	14,250 (+54.1%)	$928 (+51.4%)	0.1%	$52.52	+13.0%	COM	02209S103
DHR	DANAHER CORPORATION	15,246 (+6.5%)	$3,335 (+9.4%)	0.3%	$242.46	-9.5%	COM	235851102
EXE	EXPAND ENERGY CORPORATION	15,450 (+20.2%)	$1,681 (+19.8%)	0.1%	$101.05	+9.5%	COM	165167735
LQD	ISHARES TR	5,306 (+76.5%)	$583 (+73.8%)	0.0%	$107.73	—	IBOXX INV CP ETF	464287242
VTI	VANGUARD INDEX FDS	2,594 (+31.3%)	$874 (+34.5%)	0.1%	$302.45	—	TOTAL STK MKT	922908769
DUK	DUKE ENERGY CORP NEW	125,364 (+1.8%)	$15,268 (+1.3%)	1.2%	$109.02	+11.5%	COM NEW	26441C204
BLK	BLACKROCK INC	2,115 (+16.0%)	$2,273 (+9.3%)	0.2%	$964.09	+13.0%	COM	09290D101
CSCO	CISCO SYS INC	7,155 (+26.5%)	$579 (+49.0%)	0.0%	$59.24	+24.6%	COM	17275R102
BEPC	BROOKFIELD RENEWABLE CORP	20,895 (+10.5%)	$868 (+28.1%)	0.1%	$29.90	+33.7%	CL A EX SUB VTG	11285B108
COF	CAPITAL ONE FINL CORP	2,150 (+45.8%)	$484 (+53.6%)	0.0%	$186.85	+18.9%	COM	14040H105
HD	HOME DEPOT INC	2,310 (+22.4%)	$894 (+19.2%)	0.1%	$386.99	-5.8%	COM	437076102
ADP	AUTOMATIC DATA PROCESSING IN	5,080 (+11.9%)	$1,189 (-10.2%)	0.1%	$285.45	-7.2%	COM	053015103
BAC	BANK AMERICA CORP	15,164 (+7.9%)	$837 (+17.6%)	0.1%	$43.55	+20.9%	COM	060505104
BIPC	BROOKFIELD INFRASTRUCTURE CO	8,793 (+19.2%)	$431 (+40.2%)	0.0%	$40.72	+10.6%	COM SUB VTG A	11276H106
VRSK	VERISK ANALYTICS INC	6,892 (+20.7%)	$1,303 (-8.5%)	0.1%	$267.37	-15.7%	COM	92345Y106
NDAQ	NASDAQ INC	35,825 (+2.4%)	$3,159 (+3.9%)	0.3%	$76.60	+17.1%	COM	631103108
AVGO	BROADCOM INC	7,884 (+13.4%)	$2,421 (+4.4%)	0.2%	$209.73	+70.2%	COM	11135F101
QSR	RESTAURANT BRANDS INTL INC	9,188 (+12.7%)	$643 (+19.0%)	0.1%	$67.84	+1.6%	COM	76131D103
UNH	UNITEDHEALTH GROUP INC	17,562 (+24.1%)	$4,833 (-2.0%)	0.4%	$503.62	-33.0%	COM	91324P102
VST	VISTRA CORP	7,600 (+33.3%)	$1,079 (-6.1%)	0.1%	$156.07	+16.6%	COM	92840M102
VOO	VANGUARD INDEX FDS	661 (+17.0%)	$416 (+19.8%)	0.0%	$560.08	—	S&P 500 ETF SHS	922908363
TSLA	TESLA INC	1,125 (+27.8%)	$455 (+12.5%)	0.0%	$348.21	+27.3%	COM	88160R101
SNOW	SNOWFLAKE INC	9,100 (+44.4%)	$1,500 (+3.3%)	0.1%	$223.77	+9.1%	COM SHS	833445109
AGG	ISHARES TR	7,421 (+7.4%)	$738 (+6.6%)	0.1%	$96.68	—	CORE US AGGBD ET	464287226
FNV	FRANCO NEV CORP	1,692 (+3.2%)	$402 (+10.1%)	0.0%	$125.28	+61.9%	COM	351858105
ICSH	ISHARES TR	7,446 (+10.4%)	$376 (+10.1%)	0.0%	$50.50	—	ULTRA SHORT DUR	46434V878
HYG	ISHARES TR	5,252 (+9.1%)	$423 (+8.4%)	0.0%	$79.07	—	IBOXX HI YD ETF	464288513
MKTX	MARKETAXESS HLDGS INC	1,500 (+15.4%)	$243 (+9.3%)	0.0%	$245.80	-31.0%	COM	57060D108
V	VISA INC	2,170 (+2.9%)	$713 (-2.8%)	0.1%	$307.87	+10.6%	COM CL A	92826C839

Exited Positions (30)

VUG VANGUARD INDEX FDS 1.8%

Value ($000) $22,687 Shares 47,082 Est. Cost $438.24 Unrealized —

DFEM DIMENSIONAL ETF TRUST 0.8%

Value ($000) $9,606 Shares 299,528 Est. Cost $26.21 Unrealized —

— TOTALENERGIES SE 0.6%

Value ($000) $7,701 Shares 127,371 Est. Cost $56.82 Unrealized —

AZN ASTRAZENECA PLC 0.3%

Value ($000) $3,761 Shares 44,581 Est. Cost $66.58 Unrealized —

CEF SPROTT ASSET MANAGEMENT LP 0.3%

Value ($000) $3,705 Shares 100,082 Est. Cost $29.06 Unrealized —

BIP BROOKFIELD INFRAST PARTNERS 0.2%

Value ($000) $2,788 Shares 83,926 Est. Cost $32.70 Unrealized —

— UNILEVER PLC 0.2%

Value ($000) $2,741 Shares 46,607 Est. Cost $56.18 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value ($000) $1,845 Shares 30,557 Est. Cost $48.39 Unrealized —

BEP BROOKFIELD RENEWABLE PARTNER 0.1%

Value ($000) $1,718 Shares 64,258 Est. Cost $22.63 Unrealized —

ONON ON HLDG AG 0.1%

Value ($000) $1,530 Shares 37,350 Est. Cost $51.52 Unrealized -16.4%

COMB GRANITESHARES ETF TR 0.1%

Value ($000) $1,173 Shares 53,563 Est. Cost $20.99 Unrealized —

XMMO INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $1,074 Shares 7,938 Est. Cost $126.55 Unrealized —

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $972 Shares 4,700 Est. Cost $191.42 Unrealized +5.4%

IBIT ISHARES BITCOIN TRUST ETF 0.1%

Value ($000) $965 Shares 14,457 Est. Cost $55.27 Unrealized —

GDX VANECK ETF TRUST 0.1%

Value ($000) $899 Shares 11,650 Est. Cost $48.73 Unrealized —

LIN LINDE PLC 0.1%

Value ($000) $895 Shares 1,918 Est. Cost $448.88 Unrealized -4.8%

EEMS ISHARES INC 0.1%

Value ($000) $865 Shares 12,674 Est. Cost $57.30 Unrealized —

DBA INVESCO DB MULTI-SECTOR COMM 0.1%

Value ($000) $746 Shares 27,813 Est. Cost $26.77 Unrealized —

XLF SELECT SECTOR SPDR TR 0.1%

Value ($000) $741 Shares 13,886 Est. Cost $47.73 Unrealized —

— PROSHARES TR II 0.1%

Value ($000) $727 Shares 70,000 Est. Cost $17.14 Unrealized —

QQEW FIRST TR EXCHANGE-TRADED FD 0.0%

Value ($000) $291 Shares 2,050 Est. Cost $126.55 Unrealized —

FBTC FIDELITY WISE ORIGIN BITCOIN 0.0%

Value ($000) $256 Shares 2,498 Est. Cost $102.51 Unrealized —

ETN EATON CORP PLC 0.0%

Value ($000) $252 Shares 673 Est. Cost $341.24 Unrealized +3.9%

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $251 Shares 1,030 Est. Cost $324.62 Unrealized -21.7%

HL HECLA MNG CO 0.0%

Value ($000) $245 Shares 20,000 Est. Cost $5.95 Unrealized +156.6%

XHB SPDR SERIES TRUST 0.0%

Value ($000) $229 Shares 2,052 Est. Cost $104.97 Unrealized —

BBU BROOKFIELD BUSINESS PARTNERS 0.0%

Value ($000) $221 Shares 6,700 Est. Cost $33.01 Unrealized —

J JACOBS SOLUTIONS INC 0.0%

Value ($000) $213 Shares 1,400 Est. Cost $143.18 Unrealized +2.3%

ARKG ARK ETF TR 0.0%

Value ($000) $205 Shares 7,100 Est. Cost $21.77 Unrealized —

EPRX EUPRAXIA PHARMACEUTICALS INC 0.0%

Value ($000) $147 Shares 24,130 Est. Cost $5.44 Unrealized +13.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VUG	VANGUARD INDEX FDS	47,082	$22,687	1.8%	$438.24	—	—	922908736
DFEM	DIMENSIONAL ETF TRUST	299,528	$9,606	0.8%	$26.21	—	—	25434V732
—	TOTALENERGIES SE	127,371	$7,701	0.6%	$56.82	—	—	89151E109
AZN	ASTRAZENECA PLC	44,581	$3,761	0.3%	$66.58	—	—	046353108
CEF	SPROTT ASSET MANAGEMENT LP	100,082	$3,705	0.3%	$29.06	—	—	85208R101
BIP	BROOKFIELD INFRAST PARTNERS	83,926	$2,788	0.2%	$32.70	—	—	G16252101
—	UNILEVER PLC	46,607	$2,741	0.2%	$56.18	—	—	904767704
VEA	VANGUARD TAX-MANAGED FDS	30,557	$1,845	0.1%	$48.39	—	—	921943858
BEP	BROOKFIELD RENEWABLE PARTNER	64,258	$1,718	0.1%	$22.63	—	—	G16258108
ONON	ON HLDG AG	37,350	$1,530	0.1%	$51.52	-16.4%	—	H5919C104
COMB	GRANITESHARES ETF TR	53,563	$1,173	0.1%	$20.99	—	—	38747R108
XMMO	INVESCO EXCHANGE TRADED FD T	7,938	$1,074	0.1%	$126.55	—	—	46137V464
PANW	PALO ALTO NETWORKS INC	4,700	$972	0.1%	$191.42	+5.4%	—	697435105
IBIT	ISHARES BITCOIN TRUST ETF	14,457	$965	0.1%	$55.27	—	—	46438F101
GDX	VANECK ETF TRUST	11,650	$899	0.1%	$48.73	—	—	92189F106
LIN	LINDE PLC	1,918	$895	0.1%	$448.88	-4.8%	—	G54950103
EEMS	ISHARES INC	12,674	$865	0.1%	$57.30	—	—	464286475
DBA	INVESCO DB MULTI-SECTOR COMM	27,813	$746	0.1%	$26.77	—	—	46140H106
XLF	SELECT SECTOR SPDR TR	13,886	$741	0.1%	$47.73	—	—	81369Y605
—	PROSHARES TR II	70,000	$727	0.1%	$17.14	—	—	74347Y755
QQEW	FIRST TR EXCHANGE-TRADED FD	2,050	$291	0.0%	$126.55	—	—	337344105
FBTC	FIDELITY WISE ORIGIN BITCOIN	2,498	$256	0.0%	$102.51	—	—	315948109
ETN	EATON CORP PLC	673	$252	0.0%	$341.24	+3.9%	—	G29183103
ACN	ACCENTURE PLC IRELAND	1,030	$251	0.0%	$324.62	-21.7%	—	G1151C101
HL	HECLA MNG CO	20,000	$245	0.0%	$5.95	+156.6%	—	422704106
XHB	SPDR SERIES TRUST	2,052	$229	0.0%	$104.97	—	—	78464A888
BBU	BROOKFIELD BUSINESS PARTNERS	6,700	$221	0.0%	$33.01	—	—	G16234109
J	JACOBS SOLUTIONS INC	1,400	$213	0.0%	$143.18	+2.3%	—	46982L108
ARKG	ARK ETF TR	7,100	$205	0.0%	$21.77	—	—	00214Q302
EPRX	EUPRAXIA PHARMACEUTICALS INC	24,130	$147	0.0%	$5.44	+13.3%	—	29842P105

Decreased Positions (44)

KBWB INVESCO EXCH TRADED FD TR II 0.9%

Value ($000) $11,666 (-74.0%) Shares 138,400 (-76.2%) Est. Cost $72.46 Unrealized —

RING ISHARES INC 0.9%

Value ($000) $11,414 (-62.9%) Shares 155,000 (-67.0%) Est. Cost $63.12 Unrealized —

EWJV ISHARES TR 0.5%

Value ($000) $6,804 (-59.0%) Shares 171,300 (-59.9%) Est. Cost $38.05 Unrealized —

TIP ISHARES TR 0.0%

Value ($000) $361 (-95.4%) Shares 3,300 (-95.3%) Est. Cost $106.98 Unrealized —

ORCL ORACLE CORP 0.5%

Value ($000) $5,615 (-51.4%) Shares 38,421 (-3.8%) Est. Cost $175.85 Unrealized +35.4%

TU TELUS CORPORATION 0.5%

Value ($000) $6,723 (-46.4%) Shares 473,648 (-40.1%) Est. Cost $15.42 Unrealized -8.7%

NVO NOVO-NORDISK A S 0.3%

Value ($000) $3,505 (-55.9%) Shares 74,540 (-44.5%) Est. Cost $84.43 Unrealized —

IMO IMPERIAL OIL LTD 1.4%

Value ($000) $17,406 (+20.5%) Shares 158,293 (-1.1%) Est. Cost $70.33 Unrealized +28.9%

WMT WALMART INC 1.3%

Value ($000) $15,956 (+22.3%) Shares 125,101 (-2.2%) Est. Cost $85.80 Unrealized +24.9%

PEP PEPSICO INC 0.8%

Value ($000) $9,589 (-22.4%) Shares 57,901 (-33.0%) Est. Cost $156.55 Unrealized -6.8%

BHP BHP GROUP LTD 0.6%

Value ($000) $7,625 (+26.4%) Shares 105,953 (-2.1%) Est. Cost $49.48 Unrealized —

TRI THOMSON REUTERS CORP 0.2%

Value ($000) $1,876 (-40.1%) Shares 20,129 (-1.6%) Est. Cost $161.91 Unrealized -12.8%

GOOG ALPHABET INC 0.3%

Value ($000) $3,846 (+29.2%) Shares 11,575 (-4.5%) Est. Cost $175.67 Unrealized +63.0%

MP MP MATERIALS CORP 0.2%

Value ($000) $2,118 (-27.9%) Shares 35,100 (-19.1%) Est. Cost $23.24 Unrealized +172.9%

AEM AGNICO EAGLE MINES LTD 0.7%

Value ($000) $8,809 (+9.1%) Shares 44,369 (-6.3%) Est. Cost $81.14 Unrealized +106.9%

CCJ CAMECO CORP 0.2%

Value ($000) $2,776 (+27.2%) Shares 24,300 (-6.8%) Est. Cost $53.63 Unrealized +67.7%

TLT ISHARES TR 0.0%

Value ($000) $400 (-59.1%) Shares 4,625 (-57.8%) Est. Cost $88.00 Unrealized —

QCOM QUALCOMM INC 0.3%

Value ($000) $3,961 (-12.5%) Shares 26,691 (-1.9%) Est. Cost $159.52 Unrealized +7.1%

OKE ONEOK INC NEW 0.0%

Value ($000) $216 (-72.3%) Shares 2,700 (-74.8%) Est. Cost $75.06 Unrealized -6.1%

LLY ELI LILLY & CO 0.3%

Value ($000) $3,832 (+16.1%) Shares 3,830 (-4.3%) Est. Cost $822.40 Unrealized +16.2%

TEM TEMPUS AI INC 0.1%

Value ($000) $661 (-43.9%) Shares 12,400 (-7.5%) Est. Cost $60.18 Unrealized +30.0%

GIB CGI INC 0.1%

Value ($000) $1,284 (-27.2%) Shares 15,591 (-20.4%) Est. Cost $107.15 Unrealized -16.9%

COPX GLOBAL X FDS 0.7%

Value ($000) $9,268 (+5.3%) Shares 129,100 (-11.2%) Est. Cost $44.29 Unrealized —

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $1,355 (+48.3%) Shares 21,974 (-6.0%) Est. Cost $43.47 Unrealized -0.4%

SHOP SHOPIFY INC 0.1%

Value ($000) $1,258 (-25.6%) Shares 11,053 (-2.0%) Est. Cost $97.36 Unrealized +64.9%

COST COSTCO WHSL CORP NEW 0.8%

Value ($000) $10,306 (-3.7%) Shares 10,571 (-9.4%) Est. Cost $932.25 Unrealized -2.8%

GLW CORNING INC 0.1%

Value ($000) $1,720 (+26.0%) Shares 15,720 (-4.3%) Est. Cost $46.35 Unrealized +85.5%

AXP AMERICAN EXPRESS CO 0.8%

Value ($000) $9,360 (+3.7%) Shares 26,563 (-3.3%) Est. Cost $283.58 Unrealized +25.9%

TECK TECK RESOURCES LTD 0.1%

Value ($000) $1,636 (+23.2%) Shares 29,432 (-2.0%) Est. Cost $46.73 Unrealized -7.3%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $1,821 (-13.4%) Shares 2,000 (-25.2%) Est. Cost $583.61 Unrealized +39.4%

ROP ROPER TECHNOLOGIES INC 0.0%

Value ($000) $615 (-31.0%) Shares 1,715 (-4.2%) Est. Cost $546.38 Unrealized -15.4%

AEP AMERICAN ELEC PWR CO INC 0.4%

Value ($000) $5,051 (+4.5%) Shares 42,245 (-1.5%) Est. Cost $93.11 Unrealized +26.4%

PSLV SPROTT ASSET MANAGEMENT LP 0.0%

Value ($000) $347 (+61.7%) Shares 12,450 (-7.4%) Est. Cost $10.04 Unrealized —

BXP BXP INC 0.0%

Value ($000) $282 (-28.1%) Shares 4,435 (-13.6%) Est. Cost $76.13 Unrealized -7.6%

TAC TRANSALTA CORP 0.1%

Value ($000) $903 (-10.7%) Shares 72,055 (-1.3%) Est. Cost $11.41 Unrealized +30.8%

META META PLATFORMS INC 0.1%

Value ($000) $758 (-10.6%) Shares 1,137 (-3.8%) Est. Cost $609.55 Unrealized +9.5%

WPM WHEATON PRECIOUS METALS CORP 0.1%

Value ($000) $1,169 (+6.8%) Shares 8,380 (-14.5%) Est. Cost $74.78 Unrealized +43.2%

CP CANADIAN PACIFIC KANSAS CITY 0.1%

Value ($000) $1,587 (+4.1%) Shares 20,041 (-1.5%) Est. Cost $76.43 Unrealized -3.7%

AQN ALGONQUIN PWR UTILS CORP 0.1%

Value ($000) $644 (+8.7%) Shares 98,696 (-4.4%) Est. Cost $4.64 Unrealized +27.9%

LQDH ISHARES U S ETF TR 0.0%

Value ($000) $347 (-3.3%) Shares 3,727 (-2.8%) Est. Cost $92.82 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $1,158 (-0.9%) Shares 3,412 (-2.8%) Est. Cost $409.27 Unrealized -17.7%

MMM 3M CO 0.0%

Value ($000) $342 (+3.0%) Shares 2,090 (-1.9%) Est. Cost $128.38 Unrealized +27.1%

SOBO SOUTH BOW CORP 0.0%

Value ($000) $399 (-0.6%) Shares 13,961 (-2.5%) Est. Cost $22.97 Unrealized +18.3%

HIG HARTFORD INSURANCE GROUP INC 0.0%

Value ($000) $210 (-0.9%) Shares 1,500 (-6.1%) Est. Cost $127.36 Unrealized +3.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KBWB	INVESCO EXCH TRADED FD TR II	138,400 (-76.2%)	$11,666 (-74.0%)	0.9%	$72.46	—	KBW BK ETF	46138E628
RING	ISHARES INC	155,000 (-67.0%)	$11,414 (-62.9%)	0.9%	$63.12	—	MSCI GBL GOLD MN	46434G855
EWJV	ISHARES TR	171,300 (-59.9%)	$6,804 (-59.0%)	0.5%	$38.05	—	MSCI JP VALUE	46435U374
TIP	ISHARES TR	3,300 (-95.3%)	$361 (-95.4%)	0.0%	$106.98	—	TIPS BD ETF	464287176
ORCL	ORACLE CORP	38,421 (-3.8%)	$5,615 (-51.4%)	0.5%	$175.85	+35.4%	COM	68389X105
TU	TELUS CORPORATION	473,648 (-40.1%)	$6,723 (-46.4%)	0.5%	$15.42	-8.7%	COM	87971M103
NVO	NOVO-NORDISK A S	74,540 (-44.5%)	$3,505 (-55.9%)	0.3%	$84.43	—	ADR	670100205
IMO	IMPERIAL OIL LTD	158,293 (-1.1%)	$17,406 (+20.5%)	1.4%	$70.33	+28.9%	COM NEW	453038408
WMT	WALMART INC	125,101 (-2.2%)	$15,956 (+22.3%)	1.3%	$85.80	+24.9%	COM	931142103
PEP	PEPSICO INC	57,901 (-33.0%)	$9,589 (-22.4%)	0.8%	$156.55	-6.8%	COM	713448108
BHP	BHP GROUP LTD	105,953 (-2.1%)	$7,625 (+26.4%)	0.6%	$49.48	—	SPONSORED ADS	088606108
TRI	THOMSON REUTERS CORP	20,129 (-1.6%)	$1,876 (-40.1%)	0.2%	$161.91	-12.8%	COM	884903808
GOOG	ALPHABET INC	11,575 (-4.5%)	$3,846 (+29.2%)	0.3%	$175.67	+63.0%	CAP STK CL C	02079K107
MP	MP MATERIALS CORP	35,100 (-19.1%)	$2,118 (-27.9%)	0.2%	$23.24	+172.9%	COM CL A	553368101
AEM	AGNICO EAGLE MINES LTD	44,369 (-6.3%)	$8,809 (+9.1%)	0.7%	$81.14	+106.9%	COM	008474108
CCJ	CAMECO CORP	24,300 (-6.8%)	$2,776 (+27.2%)	0.2%	$53.63	+67.7%	COM	13321L108
TLT	ISHARES TR	4,625 (-57.8%)	$400 (-59.1%)	0.0%	$88.00	—	20 YR TR BD ETF	464287432
QCOM	QUALCOMM INC	26,691 (-1.9%)	$3,961 (-12.5%)	0.3%	$159.52	+7.1%	COM	747525103
OKE	ONEOK INC NEW	2,700 (-74.8%)	$216 (-72.3%)	0.0%	$75.06	-6.1%	COM	682680103
LLY	ELI LILLY & CO	3,830 (-4.3%)	$3,832 (+16.1%)	0.3%	$822.40	+16.2%	COM	532457108
TEM	TEMPUS AI INC	12,400 (-7.5%)	$661 (-43.9%)	0.1%	$60.18	+30.0%	CL A	88023B103
GIB	CGI INC	15,591 (-20.4%)	$1,284 (-27.2%)	0.1%	$107.15	-16.9%	CL A SUB VTG	12532H104
COPX	GLOBAL X FDS	129,100 (-11.2%)	$9,268 (+5.3%)	0.7%	$44.29	—	GLOBAL X COPPER	37954Y830
FCX	FREEPORT-MCMORAN INC	21,974 (-6.0%)	$1,355 (+48.3%)	0.1%	$43.47	-0.4%	CL B	35671D857
SHOP	SHOPIFY INC	11,053 (-2.0%)	$1,258 (-25.6%)	0.1%	$97.36	+64.9%	CL A SUB VTG SHS	82509L107
COST	COSTCO WHSL CORP NEW	10,571 (-9.4%)	$10,306 (-3.7%)	0.8%	$932.25	-2.8%	COM	22160K105
GLW	CORNING INC	15,720 (-4.3%)	$1,720 (+26.0%)	0.1%	$46.35	+85.5%	COM	219350105
AXP	AMERICAN EXPRESS CO	26,563 (-3.3%)	$9,360 (+3.7%)	0.8%	$283.58	+25.9%	COM	025816109
TECK	TECK RESOURCES LTD	29,432 (-2.0%)	$1,636 (+23.2%)	0.1%	$46.73	-7.3%	CL B	878742204
GS	GOLDMAN SACHS GROUP INC	2,000 (-25.2%)	$1,821 (-13.4%)	0.1%	$583.61	+39.4%	COM	38141G104
ROP	ROPER TECHNOLOGIES INC	1,715 (-4.2%)	$615 (-31.0%)	0.0%	$546.38	-15.4%	COM	776696106
AEP	AMERICAN ELEC PWR CO INC	42,245 (-1.5%)	$5,051 (+4.5%)	0.4%	$93.11	+26.4%	COM	025537101
PSLV	SPROTT ASSET MANAGEMENT LP	12,450 (-7.4%)	$347 (+61.7%)	0.0%	$10.04	—	PHYSICAL SILVER	85207K107
BXP	BXP INC	4,435 (-13.6%)	$282 (-28.1%)	0.0%	$76.13	-7.6%	COM	101121101
TAC	TRANSALTA CORP	72,055 (-1.3%)	$903 (-10.7%)	0.1%	$11.41	+30.8%	COM	89346D107
META	META PLATFORMS INC	1,137 (-3.8%)	$758 (-10.6%)	0.1%	$609.55	+9.5%	CL A	30303M102
WPM	WHEATON PRECIOUS METALS CORP	8,380 (-14.5%)	$1,169 (+6.8%)	0.1%	$74.78	+43.2%	COM	962879102
CP	CANADIAN PACIFIC KANSAS CITY	20,041 (-1.5%)	$1,587 (+4.1%)	0.1%	$76.43	-3.7%	COM	13646K108
AQN	ALGONQUIN PWR UTILS CORP	98,696 (-4.4%)	$644 (+8.7%)	0.1%	$4.64	+27.9%	COM	015857105
LQDH	ISHARES U S ETF TR	3,727 (-2.8%)	$347 (-3.3%)	0.0%	$92.82	—	INT RT HDG C B	46431W705
ELV	ELEVANCE HEALTH INC FORMERLY	3,412 (-2.8%)	$1,158 (-0.9%)	0.1%	$409.27	-17.7%	COM	036752103
MMM	3M CO	2,090 (-1.9%)	$342 (+3.0%)	0.0%	$128.38	+27.1%	COM	88579Y101
SOBO	SOUTH BOW CORP	13,961 (-2.5%)	$399 (-0.6%)	0.0%	$22.97	+18.3%	COM	83671M105
HIG	HARTFORD INSURANCE GROUP INC	1,500 (-6.1%)	$210 (-0.9%)	0.0%	$127.36	+3.3%	COM	416515104

Unchanged Positions (11)

ABCL ABCELLERA BIOLOGICS INC 0.5%

Value ($000) $5,819 Shares 1,786,414 Est. Cost $2.78 Unrealized +60.3%

RCI ROGERS COMMUNICATIONS INC 1.1%

Value ($000) $13,677 Shares 368,853 Est. Cost $33.86 Unrealized +10.7%

WFC WELLS FARGO CO NEW 0.4%

Value ($000) $5,390 Shares 58,062 Est. Cost $66.78 Unrealized +29.7%

DIS DISNEY WALT CO 0.3%

Value ($000) $3,508 Shares 32,890 Est. Cost $103.57 Unrealized +5.8%

UUUU ENERGY FUELS INC 0.0%

Value ($000) $272 Shares 12,750 Est. Cost $6.19 Unrealized +174.3%

TRV TRAVELERS COMPANIES INC 0.1%

Value ($000) $1,075 Shares 3,647 Est. Cost $244.86 Unrealized +14.6%

ABCB AMERIS BANCORP 0.0%

Value ($000) $478 Shares 5,700 Est. Cost $64.59 Unrealized +14.9%

PFE PFIZER INC 0.1%

Value ($000) $1,799 Shares 67,405 Est. Cost $25.07 Unrealized -0.1%

DGRO ISHARES TR 0.0%

Value ($000) $291 Shares 4,000 Est. Cost $61.37 Unrealized —

APH AMPHENOL CORP NEW 0.0%

Value ($000) $226 Shares 1,740 Est. Cost $109.40 Unrealized +22.1%

T AT&T INC 0.0%

Value ($000) $254 Shares 9,340 Est. Cost $21.51 Unrealized +17.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ABCL	ABCELLERA BIOLOGICS INC	1,786,414	$5,819	0.5%	$2.78	+60.3%	COM	00288U106
RCI	ROGERS COMMUNICATIONS INC	368,853	$13,677	1.1%	$33.86	+10.7%	CL B	775109200
WFC	WELLS FARGO CO NEW	58,062	$5,390	0.4%	$66.78	+29.7%	COM	949746101
DIS	DISNEY WALT CO	32,890	$3,508	0.3%	$103.57	+5.8%	COM	254687106
UUUU	ENERGY FUELS INC	12,750	$272	0.0%	$6.19	+174.3%	COM NEW	292671708
TRV	TRAVELERS COMPANIES INC	3,647	$1,075	0.1%	$244.86	+14.6%	COM	89417E109
ABCB	AMERIS BANCORP	5,700	$478	0.0%	$64.59	+14.9%	COM	03076K108
PFE	PFIZER INC	67,405	$1,799	0.1%	$25.07	-0.1%	COM	717081103
DGRO	ISHARES TR	4,000	$291	0.0%	$61.37	—	CORE DIV GRWTH	46434V621
APH	AMPHENOL CORP NEW	1,740	$226	0.0%	$109.40	+22.1%	CL A	032095101
T	AT&T INC	9,340	$254	0.0%	$21.51	+17.5%	COM	00206R102