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        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>631198.95000000</valUSD>
        <pctVal>1.016585542278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BCE Inc</name>
        <lei>5493001I9203PRB5KR45</lei>
        <title>BCE Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA05534B6796"/>
        </identifiers>
        <balance>65108.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>828840.35000000</valUSD>
        <pctVal>1.334899426982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FORTIS INC</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>Fortis Inc/Canada</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA3495537688"/>
        </identifiers>
        <balance>68696.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1140150.82000000</valUSD>
        <pctVal>1.836284486259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The</title>
        <cusip>06415E303</cusip>
        <identifiers>
          <isin value="CA06415E3032"/>
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        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>553561.94000000</valUSD>
        <pctVal>0.891546262805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Funds III</name>
        <lei>5493008LW2651I1QB503</lei>
        <title>BlackRock Cash Funds: Institutional, SL Agency Shares</title>
        <cusip>066922519</cusip>
        <identifiers>
          <isin value="US0669225197"/>
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        <balance>274971.64700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>275136.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="275136.63000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N7099"/>
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        <balance>36901.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>460363.35000000</valUSD>
        <pctVal>0.741444081623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES</name>
        <lei>5493008LW2651I1QB503</lei>
        <title>BlackRock Cash Funds: Treasury, SL Agency Shares</title>
        <cusip>066922477</cusip>
        <identifiers>
          <isin value="US0669224778"/>
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        <balance>51000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51000.00000000</valUSD>
        <pctVal>0.082138702315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA6330673196"/>
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        <balance>32624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
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        <pctVal>0.976153925668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PEMBINA PIPELINE CORP</name>
        <lei>5493002W3L9YICM6FU21</lei>
        <title>Pembina Pipeline Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA7063277494"/>
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        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>558011.79000000</valUSD>
        <pctVal>0.898713025639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Manulife Financial Corp</name>
        <lei>5493007GBX87QOZACS27</lei>
        <title>Manulife Financial Corp</title>
        <cusip>56501R650</cusip>
        <identifiers>
          <isin value="CA56501R6501"/>
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        <balance>39605.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>796921.23000000</valUSD>
        <pctVal>1.283491680004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD OFFICE PROP</name>
        <lei>254900YMOW7MM1QNTE06</lei>
        <title>Brookfield Office Properties Inc</title>
        <cusip>112900642</cusip>
        <identifiers>
          <isin value="CA1129006427"/>
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        <balance>25639.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>456946.81000000</valUSD>
        <pctVal>0.735941529427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aviva PLC</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0002114154"/>
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        <balance>286202.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>602181.38000000</valUSD>
        <pctVal>0.969850923765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Emera Inc</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876861</cusip>
        <identifiers>
          <isin value="CA2908768617"/>
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        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>574921.24000000</valUSD>
        <pctVal>0.925946756616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891145575</cusip>
        <identifiers>
          <isin value="CA8911455753"/>
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        <balance>40507.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>816037.90000000</valUSD>
        <pctVal>1.314280277384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>136070794</cusip>
        <identifiers>
          <isin value="CA1360707949"/>
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        <balance>37207.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>757846.36000000</valUSD>
        <pctVal>1.220559148338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>General Accident PLC</name>
        <lei>213800GJT26929P77P35</lei>
        <title>General Accident PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0003692513"/>
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        <balance>314829.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>592914.67000000</valUSD>
        <pctVal>0.954926305448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
        <cusip>633067244</cusip>
        <identifiers>
          <isin value="CA6330672446"/>
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        <balance>45797.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>930624.48000000</valUSD>
        <pctVal>1.498829159424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROOKFIELD OFFICE PROP</name>
        <lei>254900YMOW7MM1QNTE06</lei>
        <title>Brookfield Office Properties Inc</title>
        <cusip>112900626</cusip>
        <identifiers>
          <isin value="CA1129006260"/>
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        <balance>25642.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TC Energy Corp</name>
        <lei>549300UGKOFV2IWJJG27</lei>
        <title>TC Energy Corp</title>
        <cusip>87807B800</cusip>
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          <isin value="CA87807B8006"/>
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        <balance>68696.00000000</balance>
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        <pctVal>1.676952040880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06368A209</cusip>
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          <isin value="CA06368A2092"/>
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        <balance>57240.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
        <cusip>633067269</cusip>
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          <isin value="CA6330672693"/>
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        <balance>37275.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N8659"/>
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        <balance>40384.00000000</balance>
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        <valUSD>554904.47000000</valUSD>
        <pctVal>0.893708491668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The</title>
        <cusip>064149552</cusip>
        <identifiers>
          <isin value="CA0641495522"/>
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        <balance>32624.00000000</balance>
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        <valUSD>656710.98000000</valUSD>
        <pctVal>1.057674268506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>78013N274</cusip>
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          <isin value="CA78013N2749"/>
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        <balance>69542.00000000</balance>
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        <valUSD>1411478.24000000</valUSD>
        <pctVal>2.273274332956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alm Equity AB</name>
        <lei>549300FVH6QE042L3J12</lei>
        <title>Alm Equity AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0004109627"/>
        </identifiers>
        <balance>30235.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.71630000"/>
        <valUSD>414520.21000000</valUSD>
        <pctVal>0.667610826139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD ASSET MAN INC</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>Brookfield Asset Management Inc</title>
        <cusip>112585427</cusip>
        <identifiers>
          <isin value="CA1125854275"/>
        </identifiers>
        <balance>27691.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>554547.06000000</valUSD>
        <pctVal>0.893132860421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun Life Financial Inc</name>
        <lei>549300V040JZX5S66Z78</lei>
        <title>Sun Life Financial Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA8667965013"/>
        </identifiers>
        <balance>34353.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>680582.17000000</valUSD>
        <pctVal>1.096120318885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>136070877</cusip>
        <identifiers>
          <isin value="CA1360708772"/>
        </identifiers>
        <balance>51523.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>967862.54000000</valUSD>
        <pctVal>1.558803393251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891160665</cusip>
        <identifiers>
          <isin value="CA8911606652"/>
        </identifiers>
        <balance>57871.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1185645.26000000</valUSD>
        <pctVal>1.909556138498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD INFRASTRUCTUR</name>
        <lei>549300WEH5R2OODI7Y90</lei>
        <title>Brookfield Infrastructure Partners LP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG162521840"/>
        </identifiers>
        <balance>27910.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>561819.63000000</valUSD>
        <pctVal>0.904845791055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westcoast Energy Inc</name>
        <lei>2X3624VST50Z5U73GU35</lei>
        <title>Westcoast Energy Inc</title>
        <cusip>95751D128</cusip>
        <identifiers>
          <isin value="CA95751D1289"/>
        </identifiers>
        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>564686.57000000</valUSD>
        <pctVal>0.909463177941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Accident PLC</name>
        <lei>213800GJT26929P77P35</lei>
        <title>General Accident PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0003692737"/>
        </identifiers>
        <balance>400688.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>859649.75000000</valUSD>
        <pctVal>1.384519900219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raven Property Group Ltd</name>
        <lei>213800YJ5HI5CBXCYJ65</lei>
        <title>Raven Property Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GG00B55K7B92"/>
        </identifiers>
        <balance>619056.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>965146.39000000</valUSD>
        <pctVal>1.554428863127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1.55906200"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Manulife Financial Corp</name>
        <lei>5493007GBX87QOZACS27</lei>
        <title>Manulife Financial Corp</title>
        <cusip>56501R692</cusip>
        <identifiers>
          <isin value="CA56501R6923"/>
        </identifiers>
        <balance>32624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>590261.18000000</valUSD>
        <pctVal>0.950652693189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHERN ELECTRIC PLC</name>
        <lei>213800L7HZMXLTISFT69</lei>
        <title>Northern Electric PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0006546898"/>
        </identifiers>
        <balance>365459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>811800.56000000</valUSD>
        <pctVal>1.307455775249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA78012G4117"/>
        </identifiers>
        <balance>46362.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>842509.51000000</valUSD>
        <pctVal>1.356914467455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Doric Nimrod Air Three Ltd</name>
        <lei>213800BMYMCBKT5W8M49</lei>
        <title>Doric Nimrod Air Three Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GG00B92LHN58"/>
        </identifiers>
        <balance>628618.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>346921.82000000</valUSD>
        <pctVal>0.558739374507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="8278.20000000"/>
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      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06367X887</cusip>
        <identifiers>
          <isin value="CA06367X8879"/>
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        <balance>45797.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>919328.73000000</valUSD>
        <pctVal>1.480636644783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891160640</cusip>
        <identifiers>
          <isin value="CA8911606405"/>
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        <balance>20252.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>407666.47000000</valUSD>
        <pctVal>0.656572447519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Emera Inc</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876507</cusip>
        <identifiers>
          <isin value="CA2908765076"/>
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        <balance>23317.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>420572.38000000</valUSD>
        <pctVal>0.677358225943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250N592</cusip>
        <identifiers>
          <isin value="CA29250N5929"/>
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        <balance>40384.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>565829.05000000</valUSD>
        <pctVal>0.911303213718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N7339"/>
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        <balance>32329.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>435477.56000000</valUSD>
        <pctVal>0.701363954237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Klovern AB</name>
        <lei>549300D4GJAZR1EMIA07</lei>
        <title>Klovern AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0006593927"/>
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        <balance>47067.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.71630000"/>
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        <pctVal>2.761250071919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pembina Pipeline Corp</name>
        <lei>5493002W3L9YICM6FU21</lei>
        <title>Pembina Pipeline Corp</title>
        <cusip>706327855</cusip>
        <identifiers>
          <isin value="CA7063278559"/>
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        <balance>23308.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>469739.14000000</valUSD>
        <pctVal>0.756544380129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aviva PLC</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0002124963"/>
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        <balance>286202.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72479500"/>
        <valUSD>617976.30000000</valUSD>
        <pctVal>0.995289634196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD ASSET MAN INC</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>Brookfield Asset Management Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA1125854507"/>
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        <balance>27360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>556843.54000000</valUSD>
        <pctVal>0.896831485659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250N576</cusip>
        <identifiers>
          <isin value="CA29250N5762"/>
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        <balance>28216.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>365706.84000000</valUSD>
        <pctVal>0.588993828738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
        <cusip>633067194</cusip>
        <identifiers>
          <isin value="CA6330671943"/>
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        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>536207.50000000</valUSD>
        <pctVal>0.863595847491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>78012Q112</cusip>
        <identifiers>
          <isin value="CA78012Q1129"/>
        </identifiers>
        <balance>55639.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1060233.16000000</valUSD>
        <pctVal>1.707572076759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891160541</cusip>
        <identifiers>
          <isin value="CA8911605415"/>
        </identifiers>
        <balance>26194.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>543533.05000000</valUSD>
        <pctVal>0.875394105741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N8402"/>
        </identifiers>
        <balance>28272.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>364858.05000000</valUSD>
        <pctVal>0.587626799147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA1360694402"/>
        </identifiers>
        <balance>45797.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>816209.41000000</valUSD>
        <pctVal>1.314556505008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891160590</cusip>
        <identifiers>
          <isin value="CA8911605902"/>
        </identifiers>
        <balance>23160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>448145.12000000</valUSD>
        <pctVal>0.721765855019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06367X705</cusip>
        <identifiers>
          <isin value="CA06367X7053"/>
        </identifiers>
        <balance>68696.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1411797.49000000</valUSD>
        <pctVal>2.273788505127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA8911456900"/>
        </identifiers>
        <balance>28940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>523837.37000000</valUSD>
        <pctVal>0.843672976399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06368B207</cusip>
        <identifiers>
          <isin value="CA06368B2075"/>
        </identifiers>
        <balance>37275.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>733725.98000000</valUSD>
        <pctVal>1.181711761817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>136070208</cusip>
        <identifiers>
          <isin value="CA1360702080"/>
        </identifiers>
        <balance>91586.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1818093.41000000</valUSD>
        <pctVal>2.928153595814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250N881</cusip>
        <identifiers>
          <isin value="CA29250N8816"/>
        </identifiers>
        <balance>36347.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>481214.21000000</valUSD>
        <pctVal>0.775025700889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N5192"/>
        </identifiers>
        <balance>40384.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>790746.90000000</valUSD>
        <pctVal>1.273547533849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891145633</cusip>
        <identifiers>
          <isin value="CA8911456330"/>
        </identifiers>
        <balance>20254.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>385790.48000000</valUSD>
        <pctVal>0.621339792020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA29250N6836"/>
        </identifiers>
        <balance>48459.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>634244.78000000</valUSD>
        <pctVal>1.021491042742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The</title>
        <cusip>064151111</cusip>
        <identifiers>
          <isin value="CA0641511112"/>
        </identifiers>
        <balance>57240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1173628.36000000</valUSD>
        <pctVal>1.890202166501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250N535</cusip>
        <identifiers>
          <isin value="CA29250N5358"/>
        </identifiers>
        <balance>60578.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1216042.44000000</valUSD>
        <pctVal>1.958512705543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALTAGAS LTD</name>
        <lei>549300D7A8QA85Z2MH11</lei>
        <title>AltaGas Ltd</title>
        <cusip>021361837</cusip>
        <identifiers>
          <isin value="CA0213618378"/>
        </identifiers>
        <balance>27964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>560681.70000000</valUSD>
        <pctVal>0.903013083339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>891145674</cusip>
        <identifiers>
          <isin value="CA8911456744"/>
        </identifiers>
        <balance>28940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>522686.08000000</valUSD>
        <pctVal>0.841818751564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Manulife Financial Corp</name>
        <lei>5493007GBX87QOZACS27</lei>
        <title>Manulife Financial Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CA56501R6352"/>
        </identifiers>
        <balance>54377.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.25685000"/>
        <valUSD>1097620.63000000</valUSD>
        <pctVal>1.767786944772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-04-21</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Ann Frechette</ncom:signature>
      <ncom:signerName>Ann Frechette</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
