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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB LTD. SPON ADR 000375204 3,218 124,783 SH   SOLE 0 124,783 0 0
AMERICAN INT'L GROUP INC. COM 026874784 8,733 174,635 SH   SOLE 0 174,635 0 0
ASTRAZENECA PLC SPON ADR 046353108 3,426 52,800 SH   SOLE 0 52,800 0 0
ATLANTIC POWER CORP. COM 04878Q863 44 12,585 SH   SOLE 0 12,585 0 0
BANK OF AMERICA CORPORATION COM 060505104 8,620 501,150 SH   SOLE 0 501,150 0 0
BANK MONTREAL QUE COM 063671101 45,012 550,330 SH   SOLE 0 550,330 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 43,543 614,915 SH   SOLE 0 614,915 0 0
BARCLAYS PLC ADR 06738E204 2,931 186,712 SH   SOLE 0 186,712 0 0
BARRICK GOLD INC. COM 067901108 22,255 1,022,579 SH   SOLE 0 1,022,579 0 0
BCE INC COM 05534B109 41,269 783,635 SH   SOLE 0 783,635 0 0
BROOKFIELD PPTYS CORP. COM 112900105 14,265 609,315 SH   SOLE 0 609,315 0 0
CAE INC. COM 124765108 19,870 1,234,831 SH   SOLE 0 1,234,831 0 0
CAMECO CORP. COM 13321L108 16,000 571,635 SH   SOLE 0 571,635 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 25,236 239,570 SH   SOLE 0 239,570 0 0
CANADIAN NATURAL RESOURCES LTD. COM 136385101 30,911 659,687 SH   SOLE 0 659,687 0 0
CHINA MOBILE LIMITED SPON ADR 16941M109 2,602 57,084 SH   SOLE 0 57,084 0 0
CISCO SYSTEMS INC. COM 17275R102 6,494 289,706 SH   SOLE 0 289,706 0 0
CITIGROUP INC. COM 172967424 5,837 122,634 SH   SOLE 0 122,634 0 0
COACH INC. COM 189754104 8,962 180,475 SH   SOLE 0 180,475 0 0
COCA-COLA COMPANY COM 191216100 9,405 243,275 SH   SOLE 0 243,275 0 0
CORNING INC. COM 219350105 13,396 643,397 SH   SOLE 0 643,397 0 0
DEVON ENERGY CORP. COM 25179M103 6,007 89,757 SH   SOLE 0 89,757 0 0
EMERSON ELECTRIC COMPANY COM 291011104 3,509 52,533 SH   SOLE 0 52,533 0 0
ENCANA CORP COM 292505104 30,611 1,172,392 SH   SOLE 0 1,172,392 0 0
ENERPLUS CORP. COM 292766102 6,653 272,215 SH   SOLE   272,215 0 0
EXFO INC. SUB VTG 302046107 77 12,855 SH   SOLE 0 12,855 0 0
EXXON MOBIL CORP. COM 30231G102 4,640 47,498 SH   SOLE 0 47,498 0 0
GENERAL MOTORS CORP. COM 37045V100 11,751 341,393 SH   SOLE 0 341,393 0 0
GLAXOSMITHKLINE PLC SPON ADR 37733W105 3,765 70,460 SH   SOLE 0 70,460 0 0
GOLDCORP INC. COM 380956409 16,759 561,900 SH   SOLE 0 561,900 0 0
HONEYWELL INTL INC COM 438516106 5,838 62,941 SH   SOLE 0 62,941 0 0
HUDBAY MINERALS INC. COM 443628102 116 12,125 SH   SOLE 0 12,125 0 0
ING GROEP N V SPON ADR 456837103 5,073 356,034 SH   SOLE 0 356,034 0 0
JOHNSON & JOHNSON COM 478160104 12,725 129,548 SH   SOLE 0 129,548 0 0
JP MORGAN CHASE & CO COM 46625H100 11,081 182,516 SH   SOLE 0 182,516 0 0
LAKE SHORE GOLD CORP COM 510728108 74 92,195 SH   SOLE 0 92,195 0 0
MAGNA INTL INC COM 559222401 25,399 216,100 SH   SOLE 0 216,100 0 0
MANULIFE FINL CORP COM 56501R106 42,545 1,804,473 SH   SOLE 0 1,804,473 0 0
MERCK & CO. INC. COM 58933Y105 1,517 26,720 SH   SOLE 0 26,720 0 0
METLIFE INC. COM 59156R108 11,084 209,923 SH   SOLE 0 209,923 0 0
MICROSOFT CORP. COM 594918104 12,616 307,780 SH   SOLE 0 307,780 0 0
MORGAN STANLEY COM 617446448 10,148 325,577 SH   SOLE 0 325,577 0 0
NTT DOCOMO INC. SPON ADR 62942M201 3,907 247,779 SH   SOLE 0 247,779 0 0
NATIONAL GRID PLC SPON ADR 636274300 444 6,465 SH   SOLE 0 6,465 0 0
NEW GOLD INC. COM 644535106 14,578 2,409,815 SH   SOLE 0 2,409,815 0 0
NORTH AMERICAN PALLADIUM LTD. COM 656912102 30 51,780 SH   SOLE 0 51,780 0 0
ORACLE CORP COM 68389X105 4,072 99,534 SH   SOLE 0 99,534 0 0
ORANGE SPON ADR 684060106 9,866 671,606 SH   SOLE 0 671,606 0 0
PETROLEO BRASILEIRO SPON ADR 71654V408 1,387 105,442 SH   SOLE 0 105,442 0 0
PFIZER INC COM 717081103 6,330 197,074 SH   SOLE 0 197,074 0 0
POTASH CORP SASK INC COM 73755L107 14,777 334,125 SH   SOLE 0 334,125 0 0
PROCTER & GAMBLE CO COM 742718109 4,885 60,610 SH   SOLE 0 60,610 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 41,533 819,815 SH   SOLE 0 819,815 0 0
ROYAL BANK OF CANADA COM 780087102 60,568 751,373 SH   SOLE 0 751,373 0 0
ROYAL DUTCH SHELL SPON ADR A 780259206 3,179 43,515 SH   SOLE 0 43,515 0 0
RUBICON MINERALS CORP. COM 780911103 64 55,215 SH   SOLE 0 55,215 0 0
SANOFI AVENTIS SPON ADR 80105N105 2,562 49,002 SH   SOLE 0 49,002 0 0
SAP AG SPON ADR 803054204 2,714 33,373 SH   SOLE 0 33,373 0 0
SHAW COMMUNICATIONS CL B CONV 82028K200 27,341 936,490 SH   SOLE 0 936,490 0 0
SIEMENS AG SPON ADR 826197501 3,471 25,679 SH   SOLE 0 25,679 0 0
STAPLES INC. COM 855030102 6,584 580,635 SH   SOLE 0 580,635 0 0
SUN LIFE FINL INC. COM 866796105 37,678 890,015 SH   SOLE 0 890,015 0 0
SUNCOR ENERGY INC COM 867229106 25,917 606,965 SH   SOLE 0 606,965 0 0
SYMANTEC CORP. COM 871503108 1,934 96,825 SH   SOLE 0 96,825 0 0
TALISMAN ENERGY INC COM 87425E103 29,631 2,431,353 SH   SOLE 0 2,431,353 0 0
TECK RESOURCES LTD. CL B 878742204 33,612 1,273,825 SH   SOLE 0 1,273,825 0 0
TELUS CORP. NON -VTG 87971M202 10,151 231,620 SH   SOLE 0 231,620 0 0
TEVA PHARMACEUTICAL INDS LTD. ADR 881624209 3,677 69,596 SH   SOLE 0 69,596 0 0
THOMSON CREEK METALS CO INC COM 884768102 70 26,270 SH   SOLE 0 26,270 0 0
THOMSON REUTERS CORP COM 884903105 32,910 787,480 SH   SOLE 0 787,480 0 0
TIM HORTONS INC COM 88706M103 7,651 113,145 SH   SOLE 0 113,145 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 66,102 1,153,226 SH   SOLE 0 1,153,226 0 0
TOTAL S A SPON ADR 89151E109 3,552 54,145 SH   SOLE 0 54,145 0 0
UNILEVER PLC SPON ADR 904767704 336 7,860 SH   SOLE 0 7,860 0 0
VERIZON COMMUNICATIONS COM 92343V104 9,852 204,106 SH   SOLE 0 204,106 0 0
VODAFONE GROUP PLC SPON ADR 92857W209 1,390 37,755 SH   SOLE 0 37,755 0 0
WAL MART STORES INC COM 931142103 2,647 34,635 SH   SOLE 0 34,635 0 0
WALGREEN CO. COM 931422109 15,907 240,905 SH   SOLE 0 240,905 0 0
WELLS FARGO & CO NEW COM 949746101 12,798 257,300 SH   SOLE 0 257,300 0 0
WI-LAN INC. COM 928972108 81 22,185 SH   SOLE 0 22,185 0 0
ZIMMER HOLDINGS INC. COM 98956P102 6,599 69,775 SH   SOLE 0 69,775 0 0