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
ALEXANDRIA REAL ESTATE EQ INC. COM 015271109 1,600 11,411 SH   SOLE 0 11,411 0 0
ALPHABET INC. CAP STK CL A 02079K305 3,958 41,385 SH   SOLE 0 41,385 0 0
AMERICAN TOWER CORP COM 03027X100 2,194 10,219 SH   SOLE 0 10,219 0 0
AMERICOLD REALTY TRUST COM 03064D108 2,269 92,244 SH   SOLE 0 92,244 0 0
AVALONBAY CMNTYS INC. COM 053484101 4,261 23,133 SH   SOLE 0 23,133 0 0
BANK OF AMERICA CORPORATION COM 060505104 4,459 147,642 SH   SOLE 0 147,642 0 0
BANK MONTREAL QUE COM 063671101 1,893 21,596 SH   SOLE 0 21,596 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 37,732 793,289 SH   SOLE 0 793,289 0 0
BCE INC COM 05534B760 40,048 955,073 SH   SOLE 0 955,073 0 0
BROOKFIELD ASSET MGMT INC. CL A LTD VT SH 112585104 34,798 850,569 SH   SOLE 0 850,569 0 0
BROOKFIELD ASSET MGMT INC. CLA EXCH LT VTG 016169107 38 921 SH   SOLE 0 921 0 0
BROOKFIELD BUSINESS PARTNERS LTD UNIT LP BYNDNQ000 30 1,506 SH   SOLE 0 1,506 0 0
CGI INC CL A SUB VTG 12532H104 5,779 76,765 SH   SOLE 0 76,530 0 0
CAMDEN PROPERTY TRUST SH BEN INT 133131102 4,025 33,693 SH   SOLE 0 33,693 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 40,639 928,467 SH   SOLE 0 928,467 0 0
CANADIAN NATIONAL RAILWAY CO COM 136375102 31,526 291,907 SH   SOLE 0 291,907 0 0
CENOVUS ENERGY INC. COM 15135U109 2,034 132,386 SH   SOLE 0 132,386 0 0
CENTENE CORP. DEL COM 15135B101 6,696 85,052 SH   SOLE 0 85,052 0 0
CISCO SYSTEMS INC. COM 17275R102 8,576 214,399 SH   SOLE 0 214,399 0 0
CITIGROUP INC. COM 172967424 2,032 48,767 SH   SOLE 0 48,767 0 0
COLLIERS INTL GROUP INC. SUB VTG SH 194693107 2,196 23,959 SH   SOLE 0 23,959 0 0
CORNING INC. COM 219350105 3,033 104,514 SH   SOLE 0 104,514 0 0
DISNEY WALT CO COM 254687106 3,551 37,646 SH   SOLE 0 37,646 0 0
DOLLAR GENERAL CORP. COM 256677105 3,924 16,359 SH   SOLE 0 16,359 0 0
DOLLAR TREE INC. COM 256746108 8,887 65,294 SH   SOLE 0 65,294 0 0
ENBRIDGE INC. COM 29250N105 26,815 723,142 SH   SOLE 0 723,142 0 0
EOG RESOURCES COM 26875P101 2,473 22,131 SH   SOLE 0 22,131 0 0
EQUINIX INC. COM 29444U700 2,658 4,672 SH   SOLE 0 4,672 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313745101 6,214 68,949 SH   SOLE 0 68,949 0 0
FIRST SERVICE CORP COM 33767E202 7,140 59,974 SH   SOLE 0 59,974 0 0
GRANITE REAL ESTATE INVT TR UNIT 387437114 7,620 157,855 SH   SOLE 0 157,855 0 0
HALEON PLC SPON ADR 405552100 1,771 290,727 SH   SOLE 0 290,727 0 0
ING GROEP N V SPON ADR 456837103 3,271 384,859 SH   SOLE 0 384,859 0 0
JOHNSON & JOHNSON COM 478160104 2,528 15,475 SH   SOLE 0 15,475 0 0
JP MORGAN CHASE & CO COM 46625H100 1,130 10,815 SH   SOLE 0 10,815 0 0
KROGER CO COM 501044101 5,204 118,943 SH   SOLE 0 118,943 0 0
MAGNA INTL INC COM 559222401 28,224 594,939 SH   SOLE 0 594,939 0 0
MANULIFE FINL CORP COM COM 56501R106 29,031 1,849,671 SH   SOLE 0 1,849,671 0 0
MICROSOFT CORP. COM 594918104 4,625 19,857 SH   SOLE 0 19,857 0 0
MORGAN STANLEY COM 617446448 3,017 38,191 SH   SOLE 0 38,191 0 0
ORACLE CORP COM 68389X105 8,307 136,020 SH   SOLE 0 136,020 0 0
ORANGE SPON ADR 684060106 2,640 293,637 SH   SOLE 0 293,637 0 0
PEMBINA PIPELINE CORP. COM 706327103 31,879 1,049,461 SH   SOLE 0 1,049,461 0 0
PFIZER INC COM 717081103 12,293 280,921 SH   SOLE 0 280,921 0 0
RMR GROUP INC. CL A 74967R106 6,870 290,000 SH   SOLE 0 290,000 0 0
RESTAURANT BRANDS INTL INC. COM 76131D103 28,890 543,080 SH   SOLE 0 543,080 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 40,253 1,044,955 SH   SOLE 0 1,044,955 0 0
ROYAL BANK OF CANADA COM 780087102 73,499 816,308 SH   SOLE 0 816,308 0 0
SANOFI SA ADR 80108N105 2,343 61,621 SH   SOLE 0 61,621 0 0
SAP SE SPON ADR 803054204 864 10,629 SH   SOLE 0 10,629 0 0
SIMON PPTY GROUP NEW COM 828806109 2,753 30,679 SH   SOLE 0 30,679 0 0
SUN CMNTYS INC. COM 866674104 3,381 24,984 SH   SOLE 0 24,984 0 0
SUNCOR ENERGY INC COM NEW 867224107 28,546 1,013,648 SH   SOLE 0 1,013,648 0 0
TC ENERGY CORP. COM 87807B107 2,032 50,457 SH   SOLE 0 50,457 0 0
TJX COMPANIES INC. COM 872540109 2,238 36,019 SH   SOLE 0 36,019 0 0
TELUS CORP. COM 87971M103 30,360 1,528,828 SH   SOLE 0 1,528,828 0 0
TERRENO REALTY CORP. COM 88146M101 1,641 30,976 SH   SOLE 0 30,976 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 76,820 1,252,496 SH   SOLE 0 1,252,496 0 0
TOTAL ENERGIES SE SPON ADR 89151E109 1,612 34,643 SH   SOLE 0 34,643 0 0
TRACTOR SUPPLY CO COM 892356106 2,348 12,634 SH   SOLE 0 12,634 0 0
TRICON RESIDENTIAL INC COM NPV 89612W102 5,455 598,133 SH   SOLE 0 598,133 0 0
VERIZON COMMUNICATIONS COM 92343V104 8,138 214,317 SH   SOLE 0 214,317 0 0
VERMILLION ENERGY INC COM 923725105 1,082 50,537 SH   SOLE 0 50,537 0 0
VODAFONE GROUP PLC SPON ADR 92857W308 3,438 303,426 SH   SOLE 0 303,426 0 0
WAL MART STORES INC COM 931142103 3,008 23,190 SH   SOLE 0 23,190 0 0
WALLGREENS BOOTS ALLIANCE INC COM 931427108 7,005 223,090 SH   SOLE 0 223,090 0 0
WELLS FARGO & CO NEW COM 949746101 6,791 168,841 SH   SOLE 0 168,841 0 0
WELLTOWER INC. COM 95040Q104 2,565 39,882 SH   SOLE 0 39,882 0 0