The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
MANULIFE FINANCIAL CORP COM 56501R106   27,616,639 1,104,709 SH   OTR 1 1,077,149 27,560 0
ROYAL BANK OF CANADA COM 780087102   25,870,562 256,254 SH   OTR 1 250,025 6,229 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101   25,290,899 498,398 SH   OTR 1 486,375 12,023 0
ENBRIDGE INC COM 29250N105   23,152,888 640,076 SH   OTR 1 623,386 16,690 0
CANADIAN NATURAL RESOURCES LTD COM 136385101   29,193,319 382,328 SH   OTR 1 372,778 9,550 0
CENOVUS ENERGY INC COM 15135U109   29,289,714 1,463,678 SH   OTR 1 1,427,079 36,599 0
WEST FRASER TIMBER CO LTD COM 952845105   9,580,887 110,853 SH   OTR 1 108,184 2,669 0
CAE INC COM 124765108   20,506,069 992,131 SH   OTR 1 967,319 24,812 0
TORONTO DOMINION BANK COM NEW 891160509   30,420,956 503,575 SH   OTR 1 490,958 12,617 0
OPEN TEXT CORP COM 683715106   15,522,029 399,643 SH   OTR 1 389,987 9,656 0
HUDBAY MINERALS INC COM 443628102   12,603,645 1,799,148 SH   OTR 1 1,755,629 43,519 0
CGI INC CL A SUB VTG 12532H104   24,607,820 222,836 SH   OTR 1 217,261 5,575 0
NUTRIEN LTD COM 67077M108   24,250,301 445,941 SH   OTR 1 434,850 11,091 0
RESTAURANT BRANDS INTERNATIONAL INC. COM 76131D103   25,914,750 326,013 SH   OTR 1 318,043 7,970 0
CANADIAN PACIFIC KANSAS CITY LTD COM 13646K108   29,321,065 332,235 SH   OTR 1 324,049 8,186 0
AGNICO EAGLE MINES LTD COM 008474108   29,222,764 489,610 SH   OTR 1 477,366 12,244 0
COLGATE PALMOLIVE CO COM 194162103   108,060 1,200 SH   SOLE   1,200 0 0
JPMORGAN CHASE & CO COM 46625H100   1,153,728 5,760 SH   SOLE   5,760 0 0
CANADIAN NATIONAL RAILWAY CO COM 136375102   289,978 2,200 SH   SOLE   2,200 0 0
BANK OF NOVA SCOTIA COM 064149107   75,701 1,462 SH   SOLE   1,462 0 0
TC ENERGY CORP COM 87807B107   73,056 1,816 SH   SOLE   1,816 0 0
TARGET CORP COM 87612E106   1,227,002 6,924 SH   SOLE   6,924 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   930,517 1,601 SH   SOLE   1,601 0 0
APPLE INC. COM 037833100   1,034,882 6,035 SH   SOLE   6,035 0 0
ALPHABET INC CLASS A CAP STK CL A 02079K305   633,906 4,200 SH   SOLE   4,200 0 0
ALPHABET INC CLASS C CAP STK CL C 02079K107   338,779 2,225 SH   SOLE   2,225 0 0
ING GROEP NV - ADR SPONSORED ADR 456837103   1,520,510 92,208 SH   SOLE   92,208 0 0
OSHKOSH CORP. COM 688239201   6,049,557 48,509 SH   SOLE   48,509 0 0
BERKSHIRE HATHAWAY INC. - CL B CL B NEW 084670702   1,509,667 3,590 SH   SOLE   3,590 0 0
WABTEC CORP COM 929740108   969,937 6,658 SH   SOLE   6,658 0 0
DIAGEO PLC - SPONSORED ADR SPONSORED ADR 25243Q205   1,727,318 11,613 SH   SOLE   11,613 0 0
VAIL RESORTS INC. COM 91879Q109   3,015,781 13,534 SH   SOLE   13,534 0 0
GENERAC HOLDINGS INC COM 368736104   6,920,419 54,863 SH   SOLE   54,863 0 0
MICROSOFT CORP COM 594918104   865,842 2,058 SH   SOLE   2,058 0 0
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD - ADR SPONSORED ADR 874039100   1,088,400 8,000 SH   SOLE   8,000 0 0
CENOVUS ENERGY INC - WARRANT *W EXP 01/01/202 15135U117   316,383 20,875 SH   SOLE   20,875 0 0
PRO SHARES ULTRA PRO SHORT ETF ULTRAPRO SHT QQQ 74347G432   309,160 29,500 SH   SOLE   29,500 0 0
VF CORP COM 918204108   1,254,183 81,759 SH   SOLE   81,759 0 0
HENRY SCHEIN INC. COM 806407102   3,887,468 51,476 SH   SOLE   51,476 0 0
NIKE INC CL B 654106103   37,592 400 SH   SOLE   400 0 0