0001123778-19-000009.txt : 20190515 0001123778-19-000009.hdr.sgml : 20190515 20190515081945 ACCESSION NUMBER: 0001123778-19-000009 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190515 DATE AS OF CHANGE: 20190515 EFFECTIVENESS DATE: 20190515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Jarislowsky, Fraser Ltd CENTRAL INDEX KEY: 0001123778 IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06075 FILM NUMBER: 19825181 BUSINESS ADDRESS: STREET 1: 1010 SHERBROOKE STREET WEST STREET 2: 20TH FLOOR CITY: MONTREAL STATE: A8 ZIP: H3A 2R7 BUSINESS PHONE: 5148422727 MAIL ADDRESS: STREET 1: 1010 SHERBROOKE STREET WEST STREET 2: 20TH FLOOR CITY: MONTREAL STATE: A8 ZIP: H3A 2R7 FORMER COMPANY: FORMER CONFORMED NAME: JARISLOWSKY , FRASER Ltd DATE OF NAME CHANGE: 20090415 FORMER COMPANY: FORMER CONFORMED NAME: JARISLOWSKY FRASER LTD DATE OF NAME CHANGE: 20000925 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001123778 XXXXXXXX 03-31-2019 03-31-2019 Jarislowsky, Fraser Ltd

1010 SHERBROOKE STREET WEST 20TH FLOOR MONTREAL A8 H3A 2R7

13F HOLDINGS REPORT 028-06075 N Maxime Menard 514-842-2727 (s) Maxime Menard Montreal A8 05-15-2019 1 224 15986684 false 1 0000009631 028-11475 BANK OF NOVA SCOTIA INFORMATION TABLE 2 q1_2019-13f.xml 3M Company Common Stock 88579Y101 135943 654267 SH SOLE 646108 8159 0 51job Inc ADR 316827104 1182 15189 SH SOLE 15189 0 0 ABB Limited ADR ADR 000375204 291 15463 SH SOLE 15463 0 0 Abbott Laboratories Common Stock 002824100 170991 2138993 SH SOLE 2106703 32290 0 Abbvie Inc Common Stock 00287Y109 19233 238656 SH SOLE 238656 0 0 Accenture Plc Common Stock G1151C101 2771 15745 SH SOLE 15745 0 0 Aflac Incorporated Common Stock 001055102 3433 68663 SH SOLE 68663 0 0 Agnico Eagle Mines Limited Common Stock 008474108 949 21834 SH SOLE 21834 0 0 Air Products & Chemicals Inc. Common Stock 009158106 979 5130 SH SOLE 5130 0 0 Algonquin Power & Utilities Corp. Common Stock 015857105 187 16695 SH SOLE 16695 0 0 Alibaba Group Holding-SP ADR ADR 01609W102 31213 171078 SH SOLE 171078 0 0 Allstate Corporation Common Stock 020002101 6827 72496 SH SOLE 72496 0 0 Alphabet Inc - A Common Stock 02079K305 95301 80977 SH SOLE 78207 2770 0 Alphabet Inc - C Common Stock 02079K107 126323 107664 SH SOLE 105722 1942 0 Altria Group Inc. Common Stock 02209S103 17652 307374 SH SOLE 307374 0 0 Amazon.Com Inc Common Stock 023135106 498 280 SH SOLE 280 0 0 Ambev SA ADR ADR 02319V103 1171 272547 SH SOLE 272547 0 0 American Electric Power Company Common Stock 025537101 227 2717 SH SOLE 2717 0 0 American Express Company Common Stock 025816109 472 4321 SH SOLE 4321 0 0 American Tower Corp. REIT 03027X100 394 2000 SH SOLE 2000 0 0 Anheuser-Busch Inbev NV ADR ADR 03524A108 56363 671239 SH SOLE 671239 0 0 Apple Inc. Common Stock 037833100 3843 20232 SH SOLE 20232 0 0 Applied Materials Inc. Common Stock 038222105 634 16000 SH SOLE 16000 0 0 ASML Holding NV-NY Reg Shs NY Reg Shrs N07059210 3439 18290 SH SOLE 18290 0 0 AT&T Inc. Common Stock 00206R102 772 24646 SH SOLE 24646 0 0 Automatic Data Processing Inc. Common Stock 053015103 34081 213354 SH SOLE 212754 600 0 Banco Bradesco ADR ADR 059460303 2655 243374 SH SOLE 243374 0 0 Banco Santander SA ADR ADR 05964H105 2234 482684 SH SOLE 482684 0 0 Bank of America Corporation Common Stock 060505104 723 26234 SH SOLE 26234 0 0 Bank of Hawaii Corporation Common Stock 062540109 1052 13350 SH SOLE 13350 0 0 Bank of Montreal Common Stock 063671101 14718 196655 SH SOLE 196655 0 0 Bank of New York Mellon Corp Common Stock 064058100 2628 52127 SH SOLE 52127 0 0 Bank of Nova Scotia Common Stock 064149107 806034 15136658 SH SOLE 12206018 2930640 0 Baxter International Inc. Common Stock 071813109 499 6143 SH SOLE 6143 0 0 BB&T Corporation Common Stock 054937107 33385 717496 SH SOLE 684966 32530 0 BCE Inc. Common Stock 05534B760 20208 454970 SH SOLE 450970 4000 0 Becton Dickinson and Company Common Stock 075887109 168760 675773 SH SOLE 624998 50775 0 Berkshire Hathaway Inc - A Common Stock 084670108 602 2 SH SOLE 2 0 0 Berkshire Hathaway Inc - B Common Stock 084670702 110638 550743 SH SOLE 531223 19520 0 Berry Global Group Inc Common Stock 08579W103 37260 691679 SH SOLE 654584 37095 0 BHP Billiton LTD-SPON ADR ADR 088606108 485 8873 SH SOLE 8873 0 0 Boeing Company Common Stock 097023105 385 1012 SH SOLE 1012 0 0 Booking Holdings Inc Common Stock 09857L108 47751 27366 SH SOLE 26253 1113 0 Booz Allen Hamilton Holding Corp. Common Stock 099502106 319 5500 SH SOLE 5500 0 0 Borgwarner Inc Common Stock 099724106 222 5795 SH SOLE 5795 0 0 Bristol-Myers Squibb Company Common Stock 110122108 2016 42264 SH SOLE 42264 0 0 British American Tobacco ADR ADR 110448107 336 8076 SH SOLE 8076 0 0 Brookfield Asset Mgt - A Common Stock 112585104 499098 10709453 SH SOLE 8457903 2251550 0 Brookfield Infrastructure PA Ltd Part G16252101 574 13743 SH SOLE 13743 0 0 Brookfield Property Partners Ltd Part G16249107 408 19839 SH SOLE 19839 0 0 Brookfield Renewable Energy Partners MLP G16258108 345 10843 SH SOLE 10843 0 0 Brown-Forman Corp - A Common Stock 115637100 2552 49882 SH SOLE 49882 0 0 Brown-Forman Corp - B Common Stock 115637209 4199 79564 SH SOLE 79564 0 0 CAE Inc. Common Stock 124765108 246844 11137198 SH SOLE 8728373 2408825 0 Cameco Corporation Common Stock 13321L108 1977 167700 SH SOLE 167700 0 0 Canadian Imperial Bank of Commerce Common Stock 136069101 4105 51935 SH SOLE 51935 0 0 Canadian National Railway Company Common Stock 136375102 919172 10264726 SH SOLE 8424014 1840712 0 Canadian Natural Resources Limited Common Stock 136385101 507517 18479636 SH SOLE 14850527 3629109 0 Canadian Pacific Railway Limited Common Stock 13645T100 3434 16665 SH SOLE 16665 0 0 Cardinal Health Inc. Common Stock 14149Y108 2614 54300 SH SOLE 54300 0 0 Cenovus Energy Inc. Common Stock 15135U109 800 92158 SH SOLE 92158 0 0 CGI Inc. Common Stock 12532H104 527170 7665979 SH SOLE 6151966 1514013 0 Chevron Corporation Common Stock 166764100 42862 347968 SH SOLE 347438 530 0 Cigna Corp. Common Stock 125523100 219 1366 SH SOLE 1366 0 0 Cintas Corporation Common Stock 172908105 202 1000 SH SOLE 1000 0 0 Cisco Systems Inc. Common Stock 17275R102 2573 47675 SH SOLE 47675 0 0 Clorox Company Common Stock 189054109 954 5950 SH SOLE 5950 0 0 CME Group Inc. Common Stock 12572Q105 292 1780 SH SOLE 1780 0 0 Coca-Cola Company Common Stock 191216100 10825 231017 SH SOLE 231017 0 0 Cognizant Technology Solutions Corp Common Stock 192446102 40327 556626 SH SOLE 527811 28815 0 Colgate-Palmolive Company Common Stock 194162103 135808 1981447 SH SOLE 1942487 38960 0 Colliers International Group Inc Common Stock 194693107 1690 25305 SH SOLE 25305 0 0 Comcast Corp - A Common Stock 20030N101 129839 3247612 SH SOLE 3173832 73780 0 ConocoPhillips Common Stock 20825C104 381 5718 SH SOLE 5718 0 0 Cooper Cos Inc/the Common Stock 216648402 2141 7230 SH SOLE 7230 0 0 Copart Inc Common Stock 217204106 21117 348533 SH SOLE 333073 15460 0 Costco Wholesale Corporation Common Stock 22160K105 49319 203681 SH SOLE 198691 4990 0 Credicorp Ltd ADR Common Stock G2519Y108 3217 13411 SH SOLE 13411 0 0 Ctrip.com International Ltd ADR 22943F100 2660 60893 SH SOLE 60893 0 0 CVS Health Corporation Common Stock 126650100 82698 1533439 SH SOLE 1498494 34945 0 Danaher Corporation Common Stock 235851102 486 3685 SH SOLE 3685 0 0 Davita Inc. Common Stock 23918K108 92337 1700813 SH SOLE 1649163 51650 0 Descartes Systems Group Inc Common Stock 249906108 153267 4214856 SH SOLE 3657831 557025 0 Diageo Plc ADR ADR 25243Q205 119764 732011 SH SOLE 730711 1300 0 Discover Financial Services Common Stock 254709108 927 13029 SH SOLE 13029 0 0 Dollar General Corp Common Stock 256677105 210 1762 SH SOLE 1762 0 0 Dollar Tree Inc Common Stock 256746108 64034 609617 SH SOLE 586209 23408 0 Dominion Energy Common Stock 25746U109 14151 184603 SH SOLE 184603 0 0 DowDuPont Inc Common Stock 26078J100 10300 193215 SH SOLE 193215 0 0 Duke Energy Corporation Common Stock 26441C204 13585 150953 SH SOLE 150953 0 0 Edison International Common Stock 281020107 309 5000 SH SOLE 5000 0 0 Eli Lilly & Company Common Stock 532457108 13327 102706 SH SOLE 102706 0 0 Emerson Electric Co. Common Stock 291011104 24821 362523 SH SOLE 361223 1300 0 Enbridge Inc Common Stock 29250N105 860678 23756649 SH SOLE 19172323 4584326 0 EnCana Corporation Common Stock 292505104 202 27909 SH SOLE 27909 0 0 EOG Resources Inc. Common Stock 26875P101 66521 698897 SH SOLE 685332 13565 0 Exxon Mobil Corporation Common Stock 30231G102 83498 1033402 SH SOLE 1032362 1040 0 Facebook Inc. Common Stock 30303M102 829 4976 SH SOLE 4976 0 0 Fastenal Co Common Stock 311900104 217 3384 SH SOLE 3384 0 0 First Horizon National Corporation Common Stock 320517105 444 31820 SH SOLE 31820 0 0 Fiserv Inc. Common Stock 337738108 135652 1536621 SH SOLE 1505441 31180 0 Fomento Econ.Mexicano SAB de CV ADR ADR 344419106 3924 42523 SH SOLE 42523 0 0 Fortis Inc. Common Stock 349553107 2150 58171 SH SOLE 58171 0 0 Fortive Corp Common Stock 34959J108 242 2892 SH SOLE 2892 0 0 Franco Nevada Corporation Common Stock 351858105 807 10762 SH SOLE 10762 0 0 Fresenius Medical Care AG&Co KGAa ADR ADR 358029106 9305 229590 SH SOLE 229590 0 0 General Electric Company Common Stock 369604103 1595 159714 SH SOLE 158433 1281 0 General Mills Inc. Common Stock 370334104 270 5221 SH SOLE 5221 0 0 Gildan Activewear Inc. Common Stock 375916103 464809 12923242 SH SOLE 10396472 2526770 0 GlaxoSmithKline plc ADR ADR 37733W105 7201 172333 SH SOLE 172333 0 0 Goldman Sachs Group Inc. Common Stock 38141G104 446 2327 SH SOLE 2327 0 0 Halliburton Company Common Stock 406216101 328 11225 SH SOLE 11165 60 0 Hartford Financial Services Grp Inc. Common Stock 416515104 3803 76500 SH SOLE 76500 0 0 HDFC Bank Ltd ADR ADR 40415F101 1016 8774 SH SOLE 8774 0 0 Hexcel Corp Common Stock 428291108 283 4100 SH SOLE 4100 0 0 Home Depot Inc. Common Stock 437076102 1532 7986 SH SOLE 7986 0 0 Honeywell International Inc. Common Stock 438516106 1449 9119 SH SOLE 9119 0 0 HSBC Holdings Sponsored ADR ADR 404280406 5353 131920 SH SOLE 131920 0 0 Imperial Oil Limited Common Stock 453038408 9496 347787 SH SOLE 347787 0 0 ING Groep N.V. ADR ADR 456837103 1757 144733 SH SOLE 144733 0 0 Intel Corporation Common Stock 458140100 1375 25615 SH SOLE 25615 0 0 International Business Machines Corp Common Stock 459200101 5079 36002 SH SOLE 36002 0 0 International Flavors & Fragrances Common Stock 459506101 13718 106516 SH SOLE 106516 0 0 IQVIA Holdings Inc Common Stock 46266C105 111084 772222 SH SOLE 756073 16149 0 iShares North American Tech ETF ETP 464287549 1705 8270 SH SOLE 8270 0 0 Johnson & Johnson Common Stock 478160104 188623 1349332 SH SOLE 1332782 16550 0 JPMorgan Chase & Co. Common Stock 46625H100 197205 1948095 SH SOLE 1914880 33215 0 Kellogg Company Common Stock 487836108 568 9908 SH SOLE 9908 0 0 Kimberly-Clark Corporation Common Stock 494368103 18846 152107 SH SOLE 151607 500 0 Kraft Heinz Company Common Stock 500754106 2918 89383 SH SOLE 89383 0 0 Lowe's Companies Inc. Common Stock 548661107 440 4022 SH SOLE 4022 0 0 M&T Bank Corporation Common Stock 55261F104 46416 295609 SH SOLE 286579 9030 0 Magna International Inc - A Common Stock 559222401 380 7803 SH SOLE 7803 0 0 Manulife Financial Corporation Common Stock 56501R106 616126 36421004 SH SOLE 29293438 7127566 0 Marsh & McLennan Companies Inc. Common Stock 571748102 476 5075 SH SOLE 5075 0 0 Mastercard Inc - A Common Stock 57636Q104 116310 493990 SH SOLE 482275 11715 0 McCormick & Company Incorporated Common Stock 579780206 748 4970 SH SOLE 4970 0 0 McDonald's Corporation Common Stock 580135101 8323 43829 SH SOLE 43829 0 0 Medtronic Inc. Plc Common Stock G5960L103 31653 347534 SH SOLE 332974 14560 0 Merck & Co. Inc. Common Stock 58933Y105 10600 127450 SH SOLE 127450 0 0 MetLife Inc. Common Stock 59156R108 24442 574182 SH SOLE 570882 3300 0 Microsoft Corporation Common Stock 594918104 266360 2258443 SH SOLE 2085449 172994 0 Mitsubishi UFJ Financial Group ADR ADR 606822104 1141 230697 SH SOLE 230697 0 0 Mondelez International Inc. Common Stock 609207105 68872 1379664 SH SOLE 1328359 51305 0 Moody's Corporation Common Stock 615369105 307 1700 SH SOLE 1700 0 0 Nasdaq Inc. Common Stock 631103108 262 3000 SH SOLE 3000 0 0 National Grid Plc ADR ADR 636274409 6041 108198 SH SOLE 108198 0 0 New Oriental Education & Technology Inc ADR 647581107 2051 22770 SH SOLE 22770 0 0 Nielsen Holdings Plc Common Stock G6518L108 70297 2969889 SH SOLE 2433254 536635 0 NIKE Inc - B Common Stock 654106103 14905 176998 SH SOLE 176998 0 0 Noble Energy Common Stock 655044105 22645 915729 SH SOLE 875919 39810 0 Novartis AG ADR ADR 66987V109 41101 427521 SH SOLE 328861 98660 0 Novo Nordisk A/S Sponsored ADR ADR 670100205 7363 140763 SH SOLE 140763 0 0 Nutrien Ltd Common Stock 67077M108 610090 11564281 SH SOLE 9245737 2318544 0 Open Text Corporation Common Stock 683715106 607165 15808651 SH SOLE 12973118 2835533 0 Oracle Corporation Common Stock 68389X105 156827 2919890 SH SOLE 2729880 190010 0 Parker Hannifin Corporation Common Stock 701094104 1682 9806 SH SOLE 9806 0 0 Paypal Holdings Inc Common Stock 70450Y103 320 3084 SH SOLE 3084 0 0 Pembina Pipeline Corporation Common Stock 706327103 426586 11609243 SH SOLE 9337567 2271676 0 PepsiCo Inc. Common Stock 713448108 174607 1424785 SH SOLE 1362207 62578 0 Pfizer Inc. Common Stock 717081103 41680 981401 SH SOLE 978901 2500 0 Philip Morris International Inc. Common Stock 718172109 12898 145922 SH SOLE 145422 500 0 PNC Financial Services Group Common Stock 693475105 247 2016 SH SOLE 2016 0 0 Principal Financial Group Inc. Common Stock 74251V102 200 4000 SH SOLE 4000 0 0 Procter & Gamble Company Common Stock 742718109 119067 1144330 SH SOLE 1140718 3612 0 Public Service Enterprises Group Common Stock 744573106 2803 47193 SH SOLE 47193 0 0 Quest Diagnostics Incorporated Common Stock 74834L100 1537 17102 SH SOLE 17102 0 0 Relx Plc ADR ADR 759530108 24362 1135794 SH SOLE 1135794 0 0 Restaurant Brands International Inc. Common Stock 76131D103 457579 7031328 SH SOLE 5570063 1461265 0 Rogers Communications Inc - B Common Stock 775109200 7223 134269 SH SOLE 134269 0 0 Roper Technologies Inc. Common Stock 776696106 341 1000 SH SOLE 1000 0 0 Ross Stores Inc. Common Stock 778296103 744 8000 SH SOLE 8000 0 0 Royal Bank of Canada Common Stock 780087102 857041 11356513 SH SOLE 9418444 1938069 0 Royal Dutch Shell Plc ADR - A ADR 780259206 42294 675734 SH SOLE 674034 1700 0 Royal Dutch Shell Plc ADR - B ADR 780259107 806 12609 SH SOLE 12609 0 0 Sanofi ADR ADR 80105N105 4429 100037 SH SOLE 100037 0 0 SAP AG ADR ADR 803054204 36661 317529 SH SOLE 317529 0 0 Schlumberger Limited Common Stock 806857108 27625 634052 SH SOLE 612582 21470 0 Sempra Energy Common Stock 816851109 251 2000 SH SOLE 2000 0 0 Shaw Communications Inc - B Common Stock 82028K200 9110 437678 SH SOLE 437678 0 0 Smith & Nephew Plc ADR ADR 83175M205 9325 232498 SH SOLE 230998 1500 0 SPDR S&P 500 ETF Trust ETP 78462F103 10290 36429 SH SOLE 36429 0 0 Stanley Black & Decker Inc. Common Stock 854502101 450 3310 SH SOLE 3310 0 0 Stantec Inc Common Stock 85472N109 286245 12109254 SH SOLE 9730787 2378467 0 Starbucks Corporation Common Stock 855244109 626 8425 SH SOLE 8425 0 0 Stryker Corporation Common Stock 863667101 1335 6760 SH SOLE 6760 0 0 Sun Life Financial Inc. Common Stock 866796105 12432 323525 SH SOLE 319525 4000 0 Suncor Energy Inc. Common Stock 867224107 51301 1582437 SH SOLE 1574837 7600 0 Taiwan Semiconductor Manufactng ADR ADR 874039100 7685 187633 SH SOLE 187633 0 0 Target Corporation Common Stock 87612E106 431 5377 SH SOLE 5377 0 0 Teck Resources Limited - B Common Stock 878742204 359 15513 SH SOLE 15513 0 0 TELUS Corp Common Stock 87971M103 13782 372272 SH SOLE 372272 0 0 Texas Instruments Incorporated Common Stock 882508104 285 2696 SH SOLE 2696 0 0 Thomson Reuters Corp. Common Stock 884903709 535939 9055117 SH SOLE 7361445 1693672 0 TJX Companies Inc. Common Stock 872540109 64729 1216484 SH SOLE 1185629 30855 0 Toronto-Dominion Bank Common Stock 891160509 1123997 20706071 SH SOLE 16830305 3875766 0 Total SA ADR ADR 89151E109 9868 177332 SH SOLE 177332 0 0 Toyota Motor Corp. Sponsored ADR ADR 892331307 1593 13500 SH SOLE 13500 0 0 TransCanada Corporation Common Stock 89353D107 44495 990396 SH SOLE 987896 2500 0 Travelers Companies Inc. Common Stock 89417E109 1885 13750 SH SOLE 13750 0 0 Tyler Technologies Inc Common Stock 902252105 16986 83106 SH SOLE 78685 4421 0 Ultrapar Particpac-Spon ADR ADR 90400P101 919 76951 SH SOLE 76951 0 0 Unilever NV NY NY Reg Shrs 904784709 36832 631885 SH SOLE 631885 0 0 Unilever Plc ADR ADR 904767704 818 14188 SH SOLE 14188 0 0 Union Pacific Corporation Common Stock 907818108 535 3200 SH SOLE 3200 0 0 United Technologies Corporation Common Stock 913017109 870 6750 SH SOLE 6750 0 0 UnitedHealth Group Incorporated Common Stock 91324P102 140243 567191 SH SOLE 553058 14133 0 US Bancorp Common Stock 902973304 70954 1472386 SH SOLE 1436471 35915 0 Vanguard Global ex-U.S. Real Estate ETF ETP 922042676 612 10288 SH SOLE 10288 0 0 Verisk Analytics Inc - A Common Stock 92345Y106 166182 1249492 SH SOLE 1220762 28730 0 Verizon Communications Inc. Common Stock 92343V104 1366 23118 SH SOLE 23118 0 0 Vermilion Energy Inc. Common Stock 923725105 139374 5644049 SH SOLE 4422278 1221771 0 Visa Inc - A Common Stock 92826C839 4777 30590 SH SOLE 30590 0 0 Vodafone Group Plc-Sponsored ADR ADR 92857W308 23833 1310999 SH SOLE 943619 367380 0 Walgreens Boots Alliance Common Stock 931427108 118960 1880209 SH SOLE 1801969 78240 0 Wal-Mart Stores Inc. Common Stock 931142103 2533 25981 SH SOLE 25886 95 0 Walt Disney Company Common Stock 254687106 886 7982 SH SOLE 7982 0 0 Waste Connections Inc. Common Stock 94106B101 642 7246 SH SOLE 7246 0 0 Wells Fargo & Company Common Stock 949746101 130219 2694934 SH SOLE 2652218 42716 0 Weyerhaeuser Company REIT 962166104 200 7610 SH SOLE 7610 0 0 Worldpay Inc. Common Stock 981558109 397 3500 SH SOLE 3500 0 0 Xcel Energy Inc. Common Stock 98389B100 8850 157462 SH SOLE 157462 0 0 Zimmer Biomet Holdings Inc Common Stock 98956P102 15760 123415 SH SOLE 122215 1200 0 Zoetis Inc. Common Stock 98978V103 16992 168794 SH SOLE 168794 0 0