President and CEO

0001123778-21-000008.txt : 20210513 0001123778-21-000008.hdr.sgml : 20210513 20210513151604 ACCESSION NUMBER: 0001123778-21-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210513 DATE AS OF CHANGE: 20210513 EFFECTIVENESS DATE: 20210513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Jarislowsky, Fraser Ltd CENTRAL INDEX KEY: 0001123778 IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06075 FILM NUMBER: 21918925 BUSINESS ADDRESS: STREET 1: 1010 SHERBROOKE STREET WEST STREET 2: 20TH FLOOR CITY: MONTREAL STATE: A8 ZIP: H3A 2R7 BUSINESS PHONE: 5148422727 MAIL ADDRESS: STREET 1: 1010 SHERBROOKE STREET WEST STREET 2: 20TH FLOOR CITY: MONTREAL STATE: A8 ZIP: H3A 2R7 FORMER COMPANY: FORMER CONFORMED NAME: JARISLOWSKY , FRASER Ltd DATE OF NAME CHANGE: 20090415 FORMER COMPANY: FORMER CONFORMED NAME: JARISLOWSKY FRASER LTD DATE OF NAME CHANGE: 20000925 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001123778 XXXXXXXX 03-31-2021 03-31-2021 Jarislowsky, Fraser Ltd

1010 SHERBROOKE STREET WEST 20TH FLOOR MONTREAL A8 H3A 2R7

13F HOLDINGS REPORT 028-06075 N Maxime Menard President and CEO 514-842-2727 (s) Maxime Menard Montreal A8 05-13-2021 1 216 20264474 false 1 0000009631 028-11475 BANK OF NOVA SCOTIA INFORMATION TABLE 2 q1-2021_13f.xml 3M Company Common Stock 88579Y101 40816 211833 SH SOLE 211433 400 0 51job Inc ADR 316827104 9396 150096 SH SOLE 150096 0 0 Abbott Laboratories Common Stock 002824100 272861 2276880 SH SOLE 2074620 202260 0 Abbvie Inc Common Stock 00287Y109 20531 189721 SH SOLE 189721 0 0 Abcam PLC - ADR ADR 000380204 479 24926 SH SOLE 24926 0 0 Accenture Plc Common Stock G1151C101 3356 12150 SH SOLE 12150 0 0 Aflac Incorporated Common Stock 001055102 2177 42550 SH SOLE 42550 0 0 Air Products & Chemicals Inc. Common Stock 009158106 422 1500 SH SOLE 1500 0 0 Alcon Inc. Common Stock H01301128 12468 177660 SH SOLE 177660 0 0 Alibaba Group Holding-SP ADR ADR 01609W102 96635 426212 SH SOLE 321962 104250 0 Alithya Group Inc. Common Stock 01643B106 4252 1740866 SH SOLE 1740866 0 0 Allstate Corporation Common Stock 020002101 5401 47007 SH SOLE 47007 0 0 Alphabet Inc - A Common Stock 02079K305 217498 105453 SH SOLE 83720 21733 0 Alphabet Inc - C Common Stock 02079K107 198313 95867 SH SOLE 94915 952 0 Altria Group Inc. Common Stock 02209S103 9692 189445 SH SOLE 189445 0 0 Amazon.Com Inc Common Stock 023135106 209302 67646 SH SOLE 56549 11097 0 Ambev SA ADR ADR 02319V103 43 15913 SH SOLE 15913 0 0 Amcor PLC Common Stock G0250X107 1119 95809 SH SOLE 95809 0 0 American Financial Group Inc/OH Common Stock 025932104 68908 603931 SH SOLE 569346 34585 0 AMETEK Inc Common Stock 031100100 384 3011 SH SOLE 3011 0 0 Anheuser-Busch Inbev NV ADR ADR 03524A108 2857 45469 SH SOLE 45469 0 0 Apple Inc. Common Stock 037833100 8199 67129 SH SOLE 67129 0 0 Applied Materials Inc. Common Stock 038222105 2137 16000 SH SOLE 16000 0 0 ASML Holding NV-NY Reg Shs NY Reg Shrs N07059210 15972 25873 SH SOLE 25873 0 0 AT&T Inc. Common Stock 00206R102 591 19536 SH SOLE 19536 0 0 Automatic Data Processing Inc. Common Stock 053015103 30431 161468 SH SOLE 161208 260 0 Baidu Inc. Sponsored ADR ADR 056752108 449 2067 SH SOLE 2067 0 0 Banco Bradesco ADR ADR 059460303 5025 1069350 SH SOLE 1069350 0 0 Banco Santander SA ADR ADR 05964H105 90 26410 SH SOLE 26410 0 0 Bank of America Corporation Common Stock 060505104 785 20293 SH SOLE 20293 0 0 Bank of Montreal Common Stock 063671101 13101 147002 SH SOLE 147002 0 0 Bank of New York Mellon Corp Common Stock 064058100 460 9731 SH SOLE 9731 0 0 Bank of Nova Scotia Common Stock 064149107 1059602 16939225 SH SOLE 12952150 3987075 0 Bank OZK Common Stock 06417N103 87477 2141440 SH SOLE 1706768 434672 0 Baxter International Inc. Common Stock 071813109 53172 630454 SH SOLE 598014 32440 0 BCE Inc. Common Stock 05534B760 12371 274082 SH SOLE 271702 2380 0 Becton Dickinson and Company Common Stock 075887109 229483 943794 SH SOLE 807543 136251 0 Berkshire Hathaway Inc - A Common Stock 084670108 771 2 SH SOLE 2 0 0 Berkshire Hathaway Inc - B Common Stock 084670702 139540 546212 SH SOLE 532640 13572 0 Berry Global Group Inc Common Stock 08579W103 50054 815225 SH SOLE 768140 47085 0 BHP Billiton LTD-SPON ADR ADR 088606108 230 3323 SH SOLE 3323 0 0 Booking Holdings Inc Common Stock 09857L108 116829 50145 SH SOLE 39745 10400 0 Boston Scientific Corporation Common Stock 101137107 174122 4505116 SH SOLE 3734861 770255 0 Bristol-Myers Squibb Company Common Stock 110122108 486 7710 SH SOLE 7710 0 0 British American Tobacco ADR ADR 110448107 309 8000 SH SOLE 8000 0 0 Brookfield Asset Mgt - A Common Stock 112585104 1107393 24898522 SH SOLE 18856552 6041970 0 Brookfield Infrastructure PA Ltd Part G16252101 1845 34589 SH SOLE 34589 0 0 Brookfield Renewable Corp MLP 11284V105 259 5533 SH SOLE 5533 0 0 Brookfield Renewable Energy Partners MLP G16258108 1927 45147 SH SOLE 45147 0 0 Brown-Forman Corp - A Common Stock 115637100 2803 44032 SH SOLE 44032 0 0 Brown-Forman Corp - B Common Stock 115637209 3603 52247 SH SOLE 52247 0 0 CAE Inc. 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Common Stock 17275R102 2123 41075 SH SOLE 41075 0 0 Clorox Company Common Stock 189054109 1099 5700 SH SOLE 5700 0 0 Coca-Cola Company Common Stock 191216100 8401 159386 SH SOLE 159386 0 0 Cognizant Technology Solutions Corp Common Stock 192446102 65044 832628 SH SOLE 792443 40185 0 Colgate-Palmolive Company Common Stock 194162103 81469 1033477 SH SOLE 1032252 1225 0 Colliers International Group Inc Common Stock 194693107 15148 154185 SH SOLE 154185 0 0 Comcast Corp - A Common Stock 20030N101 142038 2624986 SH SOLE 2556416 68570 0 Cooper Cos Inc/the Common Stock 216648402 2024 5270 SH SOLE 5270 0 0 Copart Inc Common Stock 217204106 151903 1398615 SH SOLE 1179625 218990 0 Corvus Gold Inc. Common Stock 221013105 29 16700 SH SOLE 16700 0 0 Costco Wholesale Corporation Common Stock 22160K105 38226 108451 SH SOLE 108426 25 0 Credicorp Ltd ADR Common Stock G2519Y108 4020 29442 SH SOLE 29442 0 0 Credit Acceptance Corp. Common Stock 225310101 42879 119035 SH SOLE 111956 7079 0 CVS Health Corporation Common Stock 126650100 16315 216872 SH SOLE 216872 0 0 Danaher Corporation Common Stock 235851102 275 1225 SH SOLE 1225 0 0 Davita Inc. Common Stock 23918K108 2108 19565 SH SOLE 19565 0 0 Denison Mines Corp Common Stock 248356107 10 10000 SH SOLE 10000 0 0 Descartes Systems Group Inc Common Stock 249906108 287832 4718441 SH SOLE 3973248 745193 0 Diageo Plc ADR ADR 25243Q205 125816 766193 SH SOLE 766193 0 0 Dirtt Environmental Solutions Ltd. Common Stock 25490H106 3040 990039 SH SOLE 990039 0 0 Discover Financial Services Common Stock 254709108 897 9450 SH SOLE 9450 0 0 Dollar Tree Inc Common Stock 256746108 6415 56050 SH SOLE 56050 0 0 Dominion Energy Common Stock 25746U109 7915 104205 SH SOLE 104205 0 0 Duke Energy Corporation Common Stock 26441C204 5474 56717 SH SOLE 56717 0 0 DuPont de Nemours Inc. Common Stock 26614N102 315 4078 SH SOLE 4078 0 0 Eli Lilly & Company Common Stock 532457108 16817 90021 SH SOLE 90021 0 0 Emerson Electric Co. Common Stock 291011104 13451 149094 SH SOLE 149094 0 0 Enbridge Inc Common Stock 29250N105 962773 26432139 SH SOLE 20166775 6265364 0 EOG Resources Inc. Common Stock 26875P101 55458 764634 SH SOLE 740004 24630 0 Expedia Group Inc Common Shares 30212P303 222 1295 SH SOLE 1295 0 0 Exxon Mobil Corporation Common Stock 30231G102 29115 521507 SH SOLE 521467 40 0 Facebook Inc. Common Stock 30303M102 230451 782438 SH SOLE 652378 130060 0 Fidelity National Information Services Inc. Common Stock 31620M106 386 2750 SH SOLE 2750 0 0 FirstService Corp Common Stock 33767E202 751 5062 SH SOLE 5062 0 0 Fiserv Inc. Common Stock 337738108 249901 2099310 SH SOLE 1874524 224786 0 Fomento Econ.Mexicano SAB de CV ADR ADR 344419106 4998 66353 SH SOLE 66001 352 0 Fortis Inc. Common Stock 349553107 1466 33802 SH SOLE 33802 0 0 Franco Nevada Corporation Common Stock 351858105 144234 1151063 SH SOLE 834723 316340 0 Fresenius Medical Care AG&Co KGAa ADR ADR 358029106 4730 128269 SH SOLE 127469 800 0 General Electric Company Common Stock 369604103 173 13206 SH SOLE 12250 956 0 Gildan Activewear Inc. Common Stock 375916103 540106 17650340 SH SOLE 13328711 4321629 0 GlaxoSmithKline plc ADR ADR 37733W105 1355 37986 SH SOLE 37986 0 0 Guidewire Software Inc Common Stock 40171V100 28707 282473 SH SOLE 265004 17469 0 Hartford Financial Services Grp Inc. Common Stock 416515104 1355 20300 SH SOLE 20300 0 0 HDFC Bank Ltd ADR ADR 40415F101 86896 1118509 SH SOLE 757691 360818 0 Hilton Worldwide Holdings Inc. Common Stock 43300A203 30628 253293 SH SOLE 135593 117700 0 Home Depot Inc. Common Stock 437076102 1449 4748 SH SOLE 4748 0 0 Honeywell International Inc. Common Stock 438516106 1022 4710 SH SOLE 4710 0 0 HSBC Holdings Sponsored ADR ADR 404280406 1174 40315 SH SOLE 40315 0 0 Illinois Tool Works Inc. Common Stock 452308109 352 1593 SH SOLE 1416 177 0 Imperial Oil Limited Common Stock 453038408 2665 110051 SH SOLE 110051 0 0 Infosys Ltd ADR ADR 456788108 3547 189518 SH SOLE 189518 0 0 ING Groep N.V. ADR ADR 456837103 1407 115057 SH SOLE 115057 0 0 Intel Corporation Common Stock 458140100 1134 17725 SH SOLE 17725 0 0 Interactive Brokers Group Inc Common Stock 45841N107 117801 1612832 SH SOLE 1241947 370885 0 Intercontinental Hotels-ADR ADR 45857P806 749 10883 SH SOLE 10883 0 0 International Business Machines Corp Common Stock 459200101 823 6180 SH SOLE 6180 0 0 International Flavors & Fragrances Common Stock 459506101 9777 70037 SH SOLE 70037 0 0 IQVIA Holdings Inc Common Stock 46266C105 154899 802004 SH SOLE 702802 99202 0 Johnson & Johnson Common Stock 478160104 150222 914039 SH SOLE 912961 1078 0 JPMorgan Chase & Co. Common Stock 46625H100 248919 1635155 SH SOLE 1614547 20608 0 Kellogg Company Common Stock 487836108 316 5000 SH SOLE 5000 0 0 Kimberly-Clark Corporation Common Stock 494368103 15016 107993 SH SOLE 107993 0 0 Kraft Heinz Company Common Stock 500754106 608 15216 SH SOLE 15216 0 0 LCI Industries Common Stock 50189K103 62072 469254 SH SOLE 350802 118452 0 Lowe's Companies Inc. Common Stock 548661107 703 3700 SH SOLE 3700 0 0 M&T Bank Corporation Common Stock 55261F104 10648 70234 SH SOLE 70234 0 0 Magna International Inc - A Common Stock 559222401 740039 8403679 SH SOLE 6305763 2097916 0 Manulife Financial Corporation Common Stock 56501R106 911599 42387867 SH SOLE 32179348 10208519 0 Markel Corporation Common Stock 570535104 245 215 SH SOLE 215 0 0 Marsh & McLennan Companies Inc. Common Stock 571748102 596 4900 SH SOLE 4900 0 0 Mastercard Inc - A Common Stock 57636Q104 241232 677524 SH SOLE 602647 74877 0 McCormick & Company Incorporated Common Stock 579780206 709 7960 SH SOLE 7960 0 0 McDonald's Corporation Common Stock 580135101 7380 32930 SH SOLE 32930 0 0 Medtronic Inc. Plc Common Stock G5960L103 1743 14759 SH SOLE 14759 0 0 Merck & Co. Inc. Common Stock 58933Y105 7955 103199 SH SOLE 103199 0 0 Methanex Corporation Common Stock 59151K108 1093 29642 SH SOLE 29642 0 0 MetLife Inc. Common Stock 59156R108 6647 109350 SH SOLE 109350 0 0 Microsoft Corporation Common Stock 594918104 506921 2150066 SH SOLE 1843411 306655 0 Mondelez International Inc. Common Stock 609207105 67532 1153803 SH SOLE 1114868 38935 0 National Grid Plc ADR ADR 636274409 2586 43659 SH SOLE 43659 0 0 New Oriental Education & Technology Group Inc. ADR 647581107 6933 495270 SH SOLE 495270 0 0 NIKE Inc - B Common Stock 654106103 15387 115788 SH SOLE 115788 0 0 Norfolk Southern Corporation Common Stock 655844108 214 800 SH SOLE 800 0 0 Novartis AG ADR ADR 66987V109 37520 438936 SH SOLE 369866 69070 0 Novo Nordisk A/S Sponsored ADR ADR 670100205 6354 94246 SH SOLE 94246 0 0 Nutrien Ltd Common Stock 67077M108 702774 13047005 SH SOLE 9922572 3124433 0 Open Text Corporation Common Stock 683715106 778706 16333691 SH SOLE 12743991 3589700 0 Oracle Corporation Common Stock 68389X105 234030 3335196 SH SOLE 2901016 434180 0 Parker Hannifin Corporation Common Stock 701094104 2036 6455 SH SOLE 6455 0 0 Pembina Pipeline Corporation Common Stock 706327103 32809 1136005 SH SOLE 1136005 0 0 PepsiCo Inc. Common Stock 713448108 203337 1437522 SH SOLE 1263816 173706 0 Pfizer Inc. Common Stock 717081103 22131 610863 SH SOLE 608273 2590 0 Philip Morris International Inc. Common Stock 718172109 8391 94565 SH SOLE 94565 0 0 Procter & Gamble Company Common Stock 742718109 122200 902315 SH SOLE 901683 632 0 Progressive Corp/The Common Stock 743315103 301 3152 SH SOLE 3152 0 0 Public Service Enterprises Group Common Stock 744573106 1042 17316 SH SOLE 17316 0 0 Quest Diagnostics Incorporated Common Stock 74834L100 1646 12832 SH SOLE 12832 0 0 RealPage Inc. Common Stock 75606N109 1118 12824 SH SOLE 12824 0 0 Relx Plc ADR ADR 759530108 41816 1662040 SH SOLE 1662040 0 0 Restaurant Brands International Inc. Common Stock 76131D103 636501 9788163 SH SOLE 7409543 2378620 0 Rogers Communications Inc - B Common Stock 775109200 4765 103357 SH SOLE 103357 0 0 Ross Stores Inc. Common Stock 778296103 1142 9524 SH SOLE 9524 0 0 Royal Bank of Canada Common Stock 780087102 216346 2346726 SH SOLE 2316734 29992 0 Royal Dutch Shell Plc ADR - A ADR 780259206 8166 208274 SH SOLE 208274 0 0 Sanofi ADR ADR 80105N105 1137 23000 SH SOLE 23000 0 0 SAP AG ADR ADR 803054204 35363 288003 SH SOLE 287828 175 0 ServisFirst Bancshares Inc Common Stock 81768T108 41833 682108 SH SOLE 640003 42105 0 Shaw Communications Inc - B Common Stock 82028K200 6458 248403 SH SOLE 247653 750 0 Shopify Inc. Class - A Common Stock 82509L107 472686 428198 SH SOLE 323576 104622 0 Silvercorp Metals Inc. Common Stock 82835P103 155 31500 SH SOLE 31500 0 0 Smith & Nephew Plc ADR ADR 83175M205 4427 116831 SH SOLE 116831 0 0 SPDR S&P 500 ETF Trust ETP 78462F103 13592 34297 SH SOLE 34297 0 0 Stantec Inc Common Stock 85472N109 529922 12379807 SH SOLE 9424464 2955343 0 Starbucks Corporation Common Stock 855244109 840 7696 SH SOLE 7346 350 0 Stitch Fix Inc. Common Stock 860897107 9617 194136 SH SOLE 182272 11864 0 Stryker Corporation Common Stock 863667101 1010 4147 SH SOLE 4147 0 0 Sun Life Financial Inc. Common Stock 866796105 13125 259747 SH SOLE 259747 0 0 Suncor Energy Inc. Common Stock 867224107 12125 580111 SH SOLE 580111 0 0 Taiwan Semiconductor Manufactng ADR ADR 874039100 34349 290411 SH SOLE 290411 0 0 TC Energy Corp. Common Stock 87807B107 36487 796030 SH SOLE 796030 0 0 TELUS Corp Common Stock 87971M103 12202 612753 SH SOLE 612753 0 0 Texas Instruments Incorporated Common Stock 882508104 548 2900 SH SOLE 2900 0 0 The Sherwin-Williams Company Common Stock 824348106 83269 111588 SH SOLE 85375 26213 0 Thomson Reuters Corp. Common Stock 884903709 731149 8347224 SH SOLE 6539747 1807477 0 TJX Companies Inc. Common Stock 872540109 121229 1832643 SH SOLE 1539123 293520 0 Toronto-Dominion Bank Common Stock 891160509 717576 11003980 SH SOLE 8853106 2150874 0 Total SE - ADR ADR 89151E109 8356 179564 SH SOLE 179564 0 0 Toyota Motor Corp. Sponsored ADR ADR 892331307 349 2240 SH SOLE 2240 0 0 Travelers Companies Inc. Common Stock 89417E109 321 2140 SH SOLE 2140 0 0 Trip.com Group Ltd - ADR Common Stock 89677Q107 8365 211080 SH SOLE 211080 0 0 Tucows Inc Common Stock 898697206 980 12657 SH SOLE 12657 0 0 Tyler Technologies Inc Common Stock 902252105 19092 44974 SH SOLE 42318 2656 0 Tyson Foods Inc - A Common Stock 902494103 222 3000 SH SOLE 3000 0 0 Unilever Plc ADR ADR 904767704 44255 792677 SH SOLE 791527 1150 0 Union Pacific Corporation Common Stock 907818108 714 3240 SH SOLE 3240 0 0 UnitedHealth Group Incorporated Common Stock 91324P102 284521 764699 SH SOLE 653712 110987 0 US Bancorp Common Stock 902973304 29391 531390 SH SOLE 530740 650 0 Verisk Analytics Inc - A Common Stock 92345Y106 179462 1015693 SH SOLE 923224 92469 0 Verizon Communications Inc. Common Stock 92343V104 3075 52886 SH SOLE 52886 0 0 Viatris Inc. Common Shares 92556V106 934 66922 SH SOLE 66601 321 0 Visa Inc - A Common Stock 92826C839 5499 25975 SH SOLE 25870 105 0 Vodafone Group Plc-Sponsored ADR ADR 92857W308 2707 146902 SH SOLE 146902 0 0 Walgreens Boots Alliance Common Stock 931427108 3156 57499 SH SOLE 57044 455 0 Wal-Mart Stores Inc. Common Stock 931142103 3373 24836 SH SOLE 24766 70 0 Walt Disney Company Common Stock 254687106 1256 6808 SH SOLE 6808 0 0 Wells Fargo & Company Common Stock 949746101 10461 267755 SH SOLE 266755 1000 0 West Fraser Timber Co. Ltd. Common Stock 952845105 251 3500 SH SOLE 3500 0 0 Xcel Energy Inc. Common Stock 98389B100 4176 62800 SH SOLE 62800 0 0 Yum China Holdings Inc Common Stock 98850P109 7740 130723 SH SOLE 130723 0 0 Zimmer Biomet Holdings Inc Common Stock 98956P102 13734 85795 SH SOLE 85795 0 0 Zoetis Inc. Common Stock 98978V103 19302 122571 SH SOLE 122571 0 0