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
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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
ALPHABET INC. CAP STK CL A 02079K305   7,756 50,158 SH   SOLE 0 50,158 0 0
AMERICAN TOWER CORP COM 03027X100   8,829 40,576 SH   SOLE 0 40,576 0 0
AMERICOLD REALTY TRUST COM 03064D108   2,966 138,224 SH   SOLE 0 138,224 0 0
AVALONBAY CMNTYS INC. COM 053484101   2,676 12,470 SH   SOLE 0 12,470 0 0
BANK OF AMERICA CORPORATION COM 060505104   6,122 146,694 SH   SOLE 0 146,694 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   37,081 782,054 SH   SOLE 0 782,054 0 0
BCE INC COM 05534B760   43,545 1,897,084 SH   SOLE 0 1,897,084 0 0
BXP INC. COM 101121101   2,598 38,668 SH   SOLE 0 38,668 0 0
BROOKFIELD ASSET MGMT-A CL A LMT VTG 113004105   280 5,778 SH   SOLE 0 5,778 0 0
BROOKFIELD CORP CLA LTD VTSH 11271J107   32,791 626,558 SH   SOLE 0 626,558 0 0
BROOKFIELD INFRASTRUCTURE PA LP INT UNIT G16252101   17,561 590,283 SH   SOLE 0 590,283 0 0
BROOKFIELD RENEWABLE CL A EX SUB VTG 11285B108   1,853 66,378 SH   SOLE 0 66,378 0 0
BROOKFIELD RENEWABLE PARTNERS LP PARTNERSHIP UNIT G16258108   15,098 681,909 SH   SOLE 0 681,909 0 0
BROOKFIELD WEALTH SOLUTIONS CL A EXCHANGEAB G17434104   76 1,448 SH   SOLE 0 1,448 0 0
CGI INC CL A SUB VTG 12532H104   4,363 43,705 SH   SOLE 0 43,705 0 0
CAMDEN PROPERTY TRUST SH BEN INT 133131102   3,282 26,832 SH   SOLE 0 26,832 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101   24,885 442,363 SH   SOLE 0 442,363 0 0
CANADIAN NATIONAL RAILWAY CO COM 136375102   39,727 408,222 SH   SOLE 0 408,222 0 0
CANADIAN NAT RES LTD COM 136385101   3,475 112,909 SH   SOLE 0 112,909 0 0
CENOVUS ENERGY INC. COM 15135U109   275 19,800 SH   SOLE 0 19,800 0 0
CENTENE CORP. DEL COM 15135B101   4,876 80,312 SH   SOLE 0 80,312 0 0
CISCO SYSTEMS INC. COM 17275R102   11,898 192,802 SH   SOLE 0 192,802 0 0
CITIGROUP INC. COM 172967424   3,193 44,985 SH   SOLE 0 44,985 0 0
COLLIERS INTL GROUP INC. SUB VTG SHS 194693107   6,246 51,611 SH   SOLE 0 51,611 0 0
CORNING INC. COM 219350105   2,982 65,135 SH   SOLE 0 65,135 0 0
COSTCO WHOLESALE COM 22160K105   4,595 4,858 SH   SOLE 0 4,858 0 0
DIAGEO PLC-SPONS ADR SPON ADR NEW 25243Q205   6,130 58,498 SH   SOLE 0 58,498 0 0
DISNEY WALT CO COM 254687106   4,463 45,221 SH   SOLE 0 45,221 0 0
EOG RESOURCES COM 26875P101   4,335 33,804 SH   SOLE 0 33,804 0 0
EQUINIX INC. COM 29444U700   2,117 2,597 SH   SOLE 0 2,597 0 0
EXTRA SPACE STORAGE INC. COM 30225T102   2,504 16,866 SH   SOLE 0 16,866 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313745101   7,728 79,000 SH   SOLE 0 79,000 0 0
FIRST SERVICE CORP COM 33767E202   6,709 40,459 SH   SOLE 0 40,459 0 0
GSK PLC SPONSORED ADR 37733W204   2,236 66,128 SH   SOLE 0 66,128 0 0
GENTEX CORP. PUT 371901109   3,453 148,193 SH   SOLE 0 148,193 0 0
GILDAN ACTIVEWEAR INC COM 375916103   2,817 63,702 SH   SOLE 0 63,702 0 0
GRANITE REAL ESTATE INVT TR UNIT 387437205   4,723 101,364 SH   SOLE 0 101,364 0 0
HOME DEPOT COM 437076102   5,150 14,053 SH   SOLE 0 14,053 0 0
ING GROEP N V SPON ADR 456837103   4,860 248,061 SH   SOLE 0 248,061 0 0
JPMORGAN & CHASE & CO COM COM 46625H100   5,990 24,420 SH   SOLE 0 24,420 0 0
JOHNSON & JOHNSON COM 478160104   2,217 13,367 SH   SOLE 0 13,367 0 0
KROGER CO COM 501044101   5,885 86,942 SH   SOLE 0 86,942 0 0
MAGNA INTL INC COM 559222401   22,379 658,410 SH   SOLE 0 658,410 0 0
MANULIFE FINL CORP COM COM 56501R106   29,843 957,725 SH   SOLE 0 957,725 0 0
MICROSOFT CORP. COM 594918104   7,167 19,092 SH   SOLE 0 19,092 0 0
MORGAN STANLEY COM 617446448   4,287 36,741 SH   SOLE 0 36,741 0 0
ORACLE CORP COM 68389X105   9,814 70,197 SH   SOLE 0 70,197 0 0
ORANGE SPON ADR 684060106   3,692 284,920 SH   SOLE 0 284,920 0 0
PEMBINA PIPELINE CORP. COM 706327103   30,376 759,407 SH   SOLE 0 759,407 0 0
PFIZER INC COM 717081103   10,528 415,454 SH   SOLE 0 415,454 0 0
RMR GROUP INC. CL A 74967R106   4,829 290,000 SH   SOLE 0 290,000 0 0
RESTAURANT BRANDS INTL INC. COM 76131D103   17,022 255,340 SH   SOLE 0 255,340 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   2,123 79,507 SH   SOLE 0 79,507 0 0
ROYAL BANK OF CANADA COM 780087102   61,207 543,347 SH   SOLE 0 543,347 0 0
SANOFI SA ADR 80108N105   3,576 64,477 SH   SOLE 0 64,477 0 0
SAP SE SPON ADR 803054204   1,388 5,170 SH   SOLE 0 5,170 0 0
SHELL PLC W/ ADR 780259305   3,288 44,874 SH   SOLE 0 44,874 0 0
SIMON PPTY GROUP NEW COM 828806109   1,754 10,562 SH   SOLE 0 10,562 0 0
SUNCOR ENERGY INC COM NEW 867224107   23,940 618,260 SH   SOLE 0 618,260 0 0
TC ENERGY CORP. COM 87807B107   47,808 1,012,280 SH   SOLE 0 1,012,280 0 0
TJX COMPANIES INC. COM 872540109   3,018 24,778 SH   SOLE 0 24,778 0 0
TELUS CORP. COM 87971M103   27,863 1,942,592 SH   SOLE 0 1,942,592 0 0
TERRENO REALTY CORP. COM 88146M101   1,765 27,919 SH   SOLE 0 27,919 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   70,849 1,182,323 SH   SOLE 0 1,182,323 0 0
TOTAL ENERGIES SE SPON ADR 89151E109   2,034 31,443 SH   SOLE 0 31,443 0 0
TRACTOR SUPPLY CO COM 892356106   3,270 59,348 SH   SOLE 0 59,348 0 0
UNITEDHEALTH GROUP INC COM COM 91324P102   4,360 8,324 SH   SOLE 0 8,324 0 0
US BANCORP COM NEW 902973304   6,287 148,899 SH   SOLE 0 148,899 0 0
VERIZON COMMUNICATIONS COM 92343V104   11,707 258,080 SH   SOLE 0 258,080 0 0
VERMILLION ENERGY INC COM 923725105   2,304 284,571 SH   SOLE 0 284,571 0 0
WAL MART STORES INC COM 931142103   4,653 53,005 SH   SOLE 0 53,005 0 0
WELLTOWER INC. COM 95040Q104   3,637 23,741 SH   SOLE 0 23,741 0 0