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
ALPHABET INC. CAP STK CL A 02079K305   11,104 32,273 SH   SOLE   32,273 0 0
AMERICAN HEALTHCARE REIT INC COM 398182303   3,918 76,435 SH   SOLE   76,435 0 0
AMERICAN TOWER CORP COM 03027X100   6,785 41,453 SH   SOLE   41,453 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   57,487 444,227 SH   SOLE   444,227 0 0
BANK OF AMERICA CORPORATION COM 060505104   7,081 130,093 SH   SOLE   130,093 0 0
BCE INC COM 05534B760   40,726 1,405,791 SH   SOLE   1,405,791 0 0
BOYD GROUP SERVICES INC COM 103310108   4,673 41,838 SH   SOLE   41,838 0 0
BXP INC. COM 101121101   722 11,822 SH   SOLE   11,822 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   2,742 43,179 SH   SOLE   43,179 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   22,358 430,620 SH   SOLE   430,620 0 0
BROOKFIELD INFRASTRUCTURE PA LP INT UNIT G16252101   32,629 644,198 SH   SOLE   644,198 0 0
BROOKFIELD RENEWABLE CORP CL A EX SUB VTG 11285B108   50 1,257 SH   SOLE   1,257 0 0
BROOKFIELD RENEWABLE ENERGY PARTNERSHIP UNIT G16258108   16,333 407,511 SH   SOLE   407,511 0 0
CANADIAN NAT RES LTD COM COM 136385101   36,461 544,770 SH   SOLE   544,770 0 0
CANADIAN NATL RY CO COM COM 136375102   52,374 309,176 SH   SOLE   309,176 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101   32,103 204,833 SH   SOLE   204,833 0 0
CGI INC CL A SUB VTG 12532H104   39,449 407,740 SH   SOLE   407,740 0 0
CISCO SYSTEMS INC. COM 17275R102   7,260 67,454 SH   SOLE   67,454 0 0
CITIGROUP INC. COM 172967424   4,579 35,362 SH   SOLE   35,362 0 0
COLLIERS INTL GROUP INC. SUB VTG SHS 194693107   7,356 57,665 SH   SOLE   57,665 0 0
COSTCO WHOLESALE COM 22160K105   4,742 5,209 SH   SOLE   5,209 0 0
DESCARTES SYSTEMS GROUP COM 249906108   5,295 45,998 SH   SOLE   45,998 0 0
DIAGEO PLC-SPONS ADR SPON ADR NEW 25243Q205   8,035 93,872 SH   SOLE   93,872 0 0
DISNEY WALT CO COM 254687106   5,268 50,216 SH   SOLE   50,216 0 0
EOG RESOURCES COM 26875P101   5,222 37,905 SH   SOLE   37,905 0 0
EQUINIX INC. COM 29444U700   4,068 4,021 SH   SOLE   4,021 0 0
EXTRA SPACE STORAGE INC. COM 30225T102   2,291 17,418 SH   SOLE   17,418 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313745101   3,019 27,879 SH   SOLE   27,879 0 0
FIRST SERVICE CORP COM 33767E202   12,162 66,749 SH   SOLE   66,749 0 0
GENTEX CORP. PUT 371901109   2,948 135,591 SH   SOLE   135,591 0 0
GILDAN ACTIVEWEAR INC COM 375916103   3,614 59,610 SH   SOLE   59,610 0 0
GSK PLC COM 37733W204   2,671 55,453 SH   SOLE   55,453 0 0
HOME DEPOT COM 437076102   4,456 15,663 SH   SOLE   15,663 0 0
ING GROEP N V SPON ADR 456837103   7,233 203,748 SH   SOLE   203,748 0 0
JACOBS SOLUTIONS INC. COM 46982L108   9,493 70,180 SH   SOLE   70,180 0 0
JOHNSON & JOHNSON COM 478160104   2,381 8,994 SH   SOLE   8,994 0 0
JPMORGAN & CHASE & CO COM COM 46625H100   6,030 18,228 SH   SOLE   18,228 0 0
MAGNA INTL INC COM 559222401   23,593 260,240 SH   SOLE   260,240 0 0
MANULIFE FINL CORP COM COM 56501R106   28,261 466,039 SH   SOLE   466,039 0 0
MICROSOFT CORP. COM 594918104   11,006 21,459 SH   SOLE   21,459 0 0
MID-AMER APT CMNTYS INC COM 59522J103   1,869 15,870 SH   SOLE   15,870 0 0
MORGAN STANLEY COM 617446448   5,049 26,844 SH   SOLE   26,844 0 0
NUTRIEN LTD. COM 67077M108   31,124 311,425 SH   SOLE   311,425 0 0
PEMBINA PIPELINE CORP COM COM 706327103   48,882 769,436 SH   SOLE   769,436 0 0
PFIZER INC COM 717081103   7,843 274,989 SH   SOLE   274,989 0 0
RESTAURANT BRANDS INTL INC. COM 76131D103   28,845 284,829 SH   SOLE   284,829 0 0
RMR GROUP INC. CL A 74967R106   5,243 290,000 SH   SOLE   290,000 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   3,916 89,370 SH   SOLE   89,370 0 0
ROYAL BANK OF CANADA COM 780087102   87,206 311,515 SH   SOLE   311,515 0 0
SANOFI SA ADR 80105N105   3,072 74,502 SH   SOLE   74,502 0 0
SAP SE SPON ADR 803054204   2,958 14,187 SH   SOLE   14,187 0 0
SHELL PLC SPON ADR 780259305   4,731 49,772 SH   SOLE   49,772 0 0
SIMON PPTY GROUP NEW COM 828806109   1,312 6,537 SH   SOLE   6,537 0 0
SUNCOR ENERGY INC COM 867224107   38,443 398,378 SH   SOLE   398,378 0 0
TC ENERGY CORP. COM 87807B107   48,576 589,585 SH   SOLE   589,585 0 0
TELUS CORP. COM 87971M103   22,672 1,897,228 SH   SOLE   1,897,228 0 0
TERRENO REALTY CORP. COM 88146M101   4,721 73,130 SH   SOLE   73,130 0 0
THERMO FISHER COM 883556102   9,447 13,994 SH   SOLE   13,994 0 0
TJX COMPANIES INC. COM 872540109   2,706 20,454 SH   SOLE   20,454 0 0
TORONTO DOMINION BK ONT COM 891160509   85,091 508,524 SH   SOLE   508,524 0 0
TRACTOR SUPPLY CO COM 892356106   3,915 125,132 SH   SOLE   125,132 0 0
UNITEDHEALTH GROUP INC COM COM 91324P102   8,059 21,955 SH   SOLE   21,955 0 0
US BANCORP COM 902973304   7,804 135,103 SH   SOLE   135,103 0 0
VERIZON COMMUNICATIONS COM 92343V104   4,842 105,551 SH   SOLE   105,551 0 0
VISA INC COM CL A 92826C839   8,956 24,923 SH   SOLE   24,923 0 0
WALMART INC COM 931142103   5,190 49,944 SH   SOLE   49,944 0 0
WELLTOWER INC. COM 95040Q104   3,031 13,164 SH   SOLE   13,164 0 0