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 SPONSORED ADR 000375204 465 20,177 SH   SOLE   20,177 0 0
ARES CAP CORP COM 04010L103 389 21,770 SH   SOLE   21,770 0 0
BANK OF AMERICA CORPORATION COM 060505104 351 22,840 SH   SOLE   22,840 0 0
BARCLAYS PLC ADR 06738E204 1,305 89,343 SH   SOLE   89,343 0 0
BARRICK GOLD CORP COM 067901108 195 10,675 SH   SOLE   10,675 0 0
BAYTEX ENERGY CORP COM 07317Q105 32,143 706,360 SH   SOLE   706,360 0 0
BCE INC COM NEW 05534B760 24,712 543,365 SH   SOLE   543,365 0 0
BHP BILLITON PLC SPONSORED ADR 05545E209 495 7,585 SH   SOLE   7,585 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 2,263 54,310 SH   SOLE   54,310 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 12,836 620,588 SH   SOLE   620,588 0 0
CITIGROUP INC COM NEW 172967424 1,180 25,060 SH   SOLE   25,060 0 0
CREDIT SUISSE GROUP SPONSORED ADR 225401108 355 12,500 SH   SOLE   12,500 0 0
CRESCENT PT ENERGY CORP COM 22576C101 45,469 1,037,543 SH   SOLE   1,037,543 0 0
ENSCO PLC SHS CLASS A G3157S106 3,256 58,600 SH   SOLE   58,600 0 0
FRANKLIN RES INC COM 354613101 2,275 39,337 SH   SOLE   39,337 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 419 2,500 SH   SOLE   2,500 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 1,121 22,065 SH   SOLE   22,065 0 0
ING GROEP N V SPONSORED ADR 456837103 631 45,000 SH   SOLE   45,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,263 18,000 SH   SOLE   18,000 0 0
INVESCO LTD SHS G491BT108 1,724 44,983 SH   SOLE   44,983 0 0
ISHARES INTL SEL DIV ETF 464288448 239 6,000 SH   SOLE   6,000 0 0
JPMORGAN CHASE & CO COM 46625H100 5,551 96,340 SH   SOLE   96,340 0 0
POSCO SPONSORED ADR 693483109 214 2,866 SH   SOLE   2,866 0 0
ROYAL BK SCOTLAND GROUP PLC SPONS ADR 20 ORD 780097689 508 45,000 SH   SOLE   45,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 287 3,479 SH   SOLE   3,479 0 0
STATE STR CORP COM 857477103 370 5,500 SH   SOLE   5,500 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 152 18,000 SH   SOLE   18,000 0 0
SYNGENTA AG SPONSORED ADR 87160A100 454 6,070 SH   SOLE   6,070 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 365 6,647 SH   SOLE   6,647 0 0
TOTAL S A SPONSORED ADR 89151E109 231 3,200 SH   SOLE   3,200 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 239 2,000 SH   SOLE   2,000 0 0
WELLS FARGO & CO NEW COM 949746101 505 9,600 SH   SOLE   9,600 0 0