President and CEO

0001123778-22-000007.txt : 20220512 0001123778-22-000007.hdr.sgml : 20220512 20220512142336 ACCESSION NUMBER: 0001123778-22-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220512 DATE AS OF CHANGE: 20220512 EFFECTIVENESS DATE: 20220512 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: 22917192 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 03-31-2022 03-31-2022 Jarislowsky, Fraser Ltd

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

13F HOLDINGS REPORT 028-06075 N Maxime Menard President and CEO 514-842-2727 (s) Maxime Menard Montreal A8 03-31-2022 1 208 18762214 false 1 0000009631 028-11475 BANK OF NOVA SCOTIA INFORMATION TABLE 2 q1-2022_13f.xml 3M Company Common Stock 88579Y101 19119 128419 SH SOLE 128019 400 0 Abbott Laboratories Common Stock 002824100 278510 2353077 SH SOLE 2107142 245935 0 Abbvie Inc Common Stock 00287Y109 24683 152261 SH SOLE 152261 0 0 Abcam PLC - ADR ADR 000380204 5967 326253 SH SOLE 326253 0 0 Accenture Plc Common Stock G1151C101 2596 7700 SH SOLE 7700 0 0 Aflac Incorporated Common Stock 001055102 1996 31000 SH SOLE 31000 0 0 Air Products & Chemicals Inc. Common Stock 009158106 374 1500 SH SOLE 1500 0 0 Alarm.com Holdings Inc. Common Stock 011642105 34276 515753 SH SOLE 489956 25797 0 Alcon Inc. Common Stock H01301128 20212 254789 SH SOLE 254789 0 0 Alibaba Group Holding-SP ADR ADR 01609W102 4417 40598 SH SOLE 40598 0 0 Alithya Group Inc. Common Stock 01643B106 5044 1950711 SH SOLE 1950711 0 0 Allstate Corporation Common Stock 020002101 5242 37847 SH SOLE 37847 0 0 Alphabet Inc - A Common Stock 02079K305 276171 99294 SH SOLE 81401 17893 0 Alphabet Inc - C Common Stock 02079K107 244199 87433 SH SOLE 86941 492 0 Altria Group Inc. Common Stock 02209S103 5269 100845 SH SOLE 100845 0 0 Amazon.Com Inc Common Stock 023135106 349883 107328 SH SOLE 92936 14392 0 Ambev SA ADR ADR 02319V103 110 34193 SH SOLE 34193 0 0 Amcor PLC Common Stock G0250X107 576 50870 SH SOLE 50870 0 0 American Financial Group Inc/OH Common Stock 025932104 66879 459272 SH SOLE 437379 21893 0 AMETEK Inc Common Stock 031100100 85794 644199 SH SOLE 536710 107489 0 Anheuser-Busch Inbev NV ADR ADR 03524A108 1306 21747 SH SOLE 21747 0 0 Apple Inc. Common Stock 037833100 13221 75723 SH SOLE 75723 0 0 ASML Holding NV-NY Reg Shs NY Reg Shrs N07059210 20409 30557 SH SOLE 30557 0 0 Automatic Data Processing Inc. Common Stock 053015103 31820 139846 SH SOLE 139846 0 0 Baidu Inc. Sponsored ADR ADR 056752108 282 2139 SH SOLE 2139 0 0 Banco Santander SA ADR ADR 05964H105 44 13203 SH SOLE 13203 0 0 Bank of America Corporation Common Stock 060505104 999 24242 SH SOLE 24242 0 0 Bank of Montreal Common Stock 063671101 17007 144403 SH SOLE 144403 0 0 Bank of New York Mellon Corp Common Stock 064058100 438 8831 SH SOLE 8831 0 0 Bank of Nova Scotia Common Stock 064149107 1048653 14618538 SH SOLE 11139620 3478918 0 Bank OZK Common Stock 06417N103 85139 1993895 SH SOLE 1618923 374972 0 Baxter International Inc. Common Stock 071813109 8320 107312 SH SOLE 107312 0 0 BCE Inc. Common Stock 05534B760 13361 240832 SH SOLE 239298 1534 0 Becton Dickinson and Company Common Stock 075887109 248031 932448 SH SOLE 810172 122276 0 Berkshire Hathaway Inc - A Common Stock 084670108 1057 2 SH SOLE 2 0 0 Berkshire Hathaway Inc - B Common Stock 084670702 98874 280168 SH SOLE 280118 50 0 Berry Global Group Inc Common Stock 08579W103 39819 687014 SH SOLE 653279 33735 0 Booking Holdings Inc Common Stock 09857L108 120062 51124 SH SOLE 41989 9135 0 Boston Beer Co Inc/The Common Stock 100557107 28589 73596 SH SOLE 69553 4043 0 Boston Scientific Corporation Common Stock 101137107 193910 4378200 SH SOLE 3746510 631690 0 Bristol-Myers Squibb Company Common Stock 110122108 443 6071 SH SOLE 6071 0 0 Brookfield Asset Manag Reinsurance Partners Ltd Common Shares G16169107 298 5222 SH SOLE 4438 784 0 Brookfield Asset Management Inc Common Stock 112585104 1181325 20876272 SH SOLE 89772 15108220 5768052 0 Brookfield Infrastructure Partners LP Ltd Part G16252101 1081 16319 SH SOLE 16319 0 0 Brookfield Renewable Energy Partners MLP G16258108 838 20421 SH SOLE 20421 0 0 Brown-Forman Corp - A Common Stock 115637100 2740 43682 SH SOLE 43682 0 0 Brown-Forman Corp - B Common Stock 115637209 2962 44204 SH SOLE 44204 0 0 CAE Inc. 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Common Stock 225310101 26945 48959 SH SOLE 46636 2323 0 CVS Health Corporation Common Stock 126650100 13604 134419 SH SOLE 134419 0 0 CyberArk Software Ltd ADR Common Stock M2682V108 42840 253872 SH SOLE 175794 78078 0 Danaher Corporation Common Stock 235851102 86301 294213 SH SOLE 227955 66258 0 Davita Inc. Common Stock 23918K108 968 8560 SH SOLE 8560 0 0 Descartes Systems Group Inc Common Stock 249906108 344807 4705369 SH SOLE 3790748 914621 0 Diageo Plc ADR ADR 25243Q205 152944 752902 SH SOLE 752902 0 0 Dirtt Environmental Solutions Ltd. Common Stock 25490H106 1371 978739 SH SOLE 978739 0 0 Discover Financial Services Common Stock 254709108 661 6000 SH SOLE 6000 0 0 Dollar Tree Inc Common Stock 256746108 2618 16350 SH SOLE 16350 0 0 Dominion Energy Common Stock 25746U109 4720 55554 SH SOLE 55554 0 0 Duke Energy Corporation Common Stock 26441C204 4348 38944 SH SOLE 38944 0 0 Eli Lilly & Company Common Stock 532457108 17744 61963 SH SOLE 61963 0 0 Emerson Electric Co. Common Stock 291011104 10423 106305 SH SOLE 106305 0 0 Enbridge Inc Common Stock 29250N105 119759 2599225 SH SOLE 2596225 3000 0 EOG Resources Inc. Common Stock 26875P101 8156 68408 SH SOLE 68103 305 0 Expedia Group Inc Common Shares 30212P303 253 1295 SH SOLE 1295 0 0 Exxon Mobil Corporation Common Stock 30231G102 26668 322908 SH SOLE 322868 40 0 Fiserv Inc. Common Stock 337738108 224473 2213742 SH SOLE 1989731 224011 0 Fomento Econ.Mexicano SAB de CV ADR ADR 344419106 7099 85694 SH SOLE 85694 0 0 Fortis Inc. Common Stock 349553107 1751 35384 SH SOLE 35384 0 0 Franco Nevada Corporation Common Stock 351858105 463253 2908551 SH SOLE 2038941 869610 0 Fresenius Medical Care AG&Co KGAa ADR ADR 358029106 1203 35745 SH SOLE 35745 0 0 Gildan Activewear Inc. Common Stock 375916103 539101 14360551 SH SOLE 10380068 3980483 0 GlaxoSmithKline plc ADR ADR 37733W105 990 22736 SH SOLE 22736 0 0 GreenBox POS Common Stock 39366L208 77 18329 SH SOLE 18329 0 0 Guidewire Software Inc Common Stock 40171V100 130239 1376447 SH SOLE 1160538 215909 0 Hartford Financial Services Grp Inc. Common Stock 416515104 258 3600 SH SOLE 3600 0 0 HDFC Bank Ltd ADR ADR 40415F101 82643 1347517 SH SOLE 967309 380208 0 Hilton Worldwide Holdings Inc. Common Stock 43300A203 2101 13851 SH SOLE 13851 0 0 Home Depot Inc. Common Stock 437076102 801 2677 SH SOLE 2677 0 0 Honeywell International Inc. Common Stock 438516106 705 3100 SH SOLE 3100 0 0 HSBC Holdings Sponsored ADR ADR 404280406 745 21775 SH SOLE 21775 0 0 Illinois Tool Works Inc. Common Stock 452308109 285 1363 SH SOLE 1363 0 0 Imperial Oil Limited Common Stock 453038408 2270 46870 SH SOLE 46870 0 0 Infosys Ltd ADR ADR 456788108 5171 207767 SH SOLE 207767 0 0 ING Groep N.V. ADR ADR 456837103 1001 95993 SH SOLE 95993 0 0 Interactive Brokers Group Inc Common Stock 45841N107 154603 2345683 SH SOLE 1949042 396641 0 Intercontinental Hotels-ADR ADR 45857P806 920 13379 SH SOLE 13379 0 0 International Business Machines Corp Common Stock 459200101 663 5100 SH SOLE 5100 0 0 International Flavors & Fragrances Common Stock 459506101 7376 56169 SH SOLE 56169 0 0 IQVIA Holdings Inc Common Stock 46266C105 176462 763211 SH SOLE 684614 78597 0 iShares 5-10 Year Inv. Grade Corp. Bond ETF ETP 464288638 1286 23441 PRN SOLE 23441 0 0 iShares Broad USD Invest Grade Corp Bond ETF ETP 464288620 632 11500 PRN SOLE 11500 0 0 Johnson & Johnson Common Stock 478160104 137964 778447 SH SOLE 777384 1063 0 JPMorgan Chase & Co. Common Stock 46625H100 168364 1235071 SH SOLE 1233571 1500 0 Kimberly-Clark Corporation Common Stock 494368103 9491 77065 SH SOLE 77065 0 0 LCI Industries Common Stock 50189K103 63631 612960 SH SOLE 490843 122117 0 Lowe's Companies Inc. Common Stock 548661107 828 4100 SH SOLE 4100 0 0 M&T Bank Corporation Common Stock 55261F104 6384 37665 SH SOLE 37665 0 0 Magna International Inc - A Common Stock 559222401 462315 7194788 SH SOLE 5188471 2006317 0 Manulife Financial Corporation Common Stock 56501R106 557354 26112645 SH SOLE 19206738 6905907 0 Markel Corporation Common Stock 570535104 486 330 SH SOLE 330 0 0 Marsh & McLennan Companies Inc. Common Stock 571748102 835 4900 SH SOLE 4900 0 0 Mastercard Inc - A Common Stock 57636Q104 279669 782555 SH SOLE 703473 79082 0 McCormick & Company Incorporated Common Stock 579780206 684 6860 SH SOLE 6860 0 0 McDonald's Corporation Common Stock 580135101 5135 20767 SH SOLE 20767 0 0 Medtronic Inc. Plc Common Stock G5960L103 1535 13836 SH SOLE 13836 0 0 Merck & Co. Inc. Common Stock 58933Y105 6120 74600 SH SOLE 74600 0 0 Meta Platforms Inc Common Stock 30303M102 193130 868547 SH SOLE 726195 142352 0 MetLife Inc. Common Stock 59156R108 6345 90285 SH SOLE 90285 0 0 Microsoft Corporation Common Stock 594918104 617187 2001841 SH SOLE 1741407 260434 0 Mondelez International Inc. Common Stock 609207105 65532 1043848 SH SOLE 1015678 28170 0 Monster Beverage Corp Common Stock 61174X109 56468 706743 SH SOLE 544760 161983 0 National Grid Plc ADR ADR 636274409 2564 33360 SH SOLE 33360 0 0 NIKE Inc - B Common Stock 654106103 13439 99876 SH SOLE 99876 0 0 Norfolk Southern Corporation Common Stock 655844108 228 800 SH SOLE 800 0 0 Novartis AG ADR ADR 66987V109 11460 130605 SH SOLE 130605 0 0 Novo Nordisk A/S Sponsored ADR ADR 670100205 9081 81781 SH SOLE 81781 0 0 Nutrien Ltd Common Stock 67077M108 105842 1023035 SH SOLE 1022360 675 0 Open Text Corporation Common Stock 683715106 649718 15309077 SH SOLE 11376827 3932250 0 Oracle Corporation Common Stock 68389X105 149870 1811567 SH SOLE 1704935 106632 0 Parker Hannifin Corporation Common Stock 701094104 1655 5835 SH SOLE 5835 0 0 Pembina Pipeline Corporation Common Stock 706327103 22344 594206 SH SOLE 594206 0 0 PepsiCo Inc. Common Stock 713448108 190667 1139128 SH SOLE 1126959 12169 0 Pfizer Inc. Common Stock 717081103 26065 503492 SH SOLE 501992 1500 0 Philip Morris International Inc. Common Stock 718172109 5705 60740 SH SOLE 60740 0 0 Procter & Gamble Company Common Stock 742718109 113840 745027 SH SOLE 744395 632 0 Progressive Corp/The Common Stock 743315103 41618 365108 SH SOLE 347658 17450 0 Public Service Enterprises Group Common Stock 744573106 477 6820 SH SOLE 6820 0 0 Quest Diagnostics Incorporated Common Stock 74834L100 567 4150 SH SOLE 4150 0 0 Relx Plc ADR ADR 759530108 45779 1472024 SH SOLE 1472024 0 0 Restaurant Brands International Inc. Common Stock 76131D103 605857 10360709 SH SOLE 7479152 2881557 0 Ritchie Bros. Auctioneers Common Stock 767744105 124175 2100504 SH SOLE 1397661 702843 0 Rogers Communications Inc - B Common Stock 775109200 1961 34617 SH SOLE 34617 0 0 Royal Bank of Canada Common Stock 780087102 267040 2423320 SH SOLE 2123970 299350 0 Sanofi ADR ADR 80105N105 1126 21950 SH SOLE 21950 0 0 SAP AG ADR ADR 803054204 25885 233287 SH SOLE 233287 0 0 Sempra Energy Common Stock 816851109 252 1500 SH SOLE 1500 0 0 ServisFirst Bancshares Inc Common Stock 81768T108 39463 414143 SH SOLE 393263 20880 0 Shaw Communications Inc - B Common Stock 82028K200 7146 230048 SH SOLE 230048 0 0 Shell PLC - ADR ADR 780259305 3535 64357 SH SOLE 64357 0 0 Shopify Inc. Class - A Common Stock 82509L107 775818 1146154 SH SOLE 805097 341057 0 Silvercorp Metals Inc. Common Stock 82835P103 114 31500 SH SOLE 31500 0 0 Smith & Nephew Plc ADR ADR 83175M205 2393 75034 SH SOLE 75034 0 0 SPDR Gold Trust ETP 78463V107 1011 5598 SH SOLE 5598 0 0 SPDR S&P 500 ETF Trust ETP 78462F103 21379 47338 SH SOLE 47338 0 0 Stantec Inc Common Stock 85472N109 505462 10067744 SH SOLE 7337411 2730333 0 Starbucks Corporation Common Stock 855244109 508 5586 SH SOLE 5586 0 0 Stryker Corporation Common Stock 863667101 1108 4147 SH SOLE 4147 0 0 Sun Life Financial Inc. Common Stock 866796105 15519 277723 SH SOLE 277723 0 0 Suncor Energy Inc. Common Stock 867224107 6173 189447 SH SOLE 189447 0 0 Taiwan Semiconductor Manufactng ADR ADR 874039100 39332 377258 SH SOLE 377258 0 0 TC Energy Corp. Common Stock 87807B107 32339 572883 SH SOLE 572883 0 0 TELUS Corp Common Stock 87971M103 12751 487682 SH SOLE 487682 0 0 Texas Instruments Incorporated Common Stock 882508104 477 2600 SH SOLE 2600 0 0 The Sherwin-Williams Company Common Stock 824348106 109163 437320 SH SOLE 367651 69669 0 Thomson Reuters Corp. Common Stock 884903709 716821 6596481 SH SOLE 5015625 1580856 0 TJX Companies Inc. Common Stock 872540109 73267 1209433 SH SOLE 1181698 27735 0 Toronto-Dominion Bank Common Stock 891160509 176202 2218829 SH SOLE 2213629 5200 0 TotalEnergies SE - ADR ADR 89151E109 5178 102461 SH SOLE 102461 0 0 Travelers Companies Inc. Common Stock 89417E109 391 2140 SH SOLE 2140 0 0 Trip.com Group Ltd - ADR Common Stock 89677Q107 5493 237595 SH SOLE 237595 0 0 Tyson Foods Inc - A Common Stock 902494103 268 3000 SH SOLE 3000 0 0 Unilever Plc ADR ADR 904767704 25155 552018 SH SOLE 552018 0 0 Union Pacific Corporation Common Stock 907818108 331 1215 SH SOLE 1215 0 0 UnitedHealth Group Incorporated Common Stock 91324P102 380404 745934 SH SOLE 645777 100157 0 US Bancorp Common Stock 902973304 13238 249085 SH SOLE 249085 0 0 Valero Energy Corporation Common Stock 91913Y100 202 1992 SH SOLE 1992 0 0 Vanguard Intermediate-Term Corporate Bond ETF ETP 92206C870 216 2519 PRN SOLE 2519 0 0 Verisk Analytics Inc - A Common Stock 92345Y106 201333 938051 SH SOLE 859081 78970 0 Verizon Communications Inc. Common Stock 92343V104 1638 32173 SH SOLE 32173 0 0 Viatris Inc. Common Shares 92556V106 295 27118 SH SOLE 26932 186 0 Visa Inc - A Common Stock 92826C839 3029 13661 SH SOLE 13661 0 0 Vodafone Group Plc-Sponsored ADR ADR 92857W308 645 38849 SH SOLE 38849 0 0 W.R. Berkley Corp. Common Stock 084423102 207 3114 SH SOLE 3114 0 0 Walgreens Boots Alliance Common Stock 931427108 1079 24108 SH SOLE 24108 0 0 Wal-Mart Stores Inc. Common Stock 931142103 1472 9886 SH SOLE 9816 70 0 Walt Disney Company Common Stock 254687106 977 7130 SH SOLE 7130 0 0 Wayfair Inc Common Stock 94419L101 31543 284736 SH SOLE 270590 14146 0 Wells Fargo & Company Common Stock 949746101 9815 202546 SH SOLE 201546 1000 0 West Fraser Timber Co. Ltd. Common Stock 952845105 247 3000 SH SOLE 3000 0 0 Weyerhaeuser Company REIT 962166104 208 5500 SH SOLE 5500 0 0 Xcel Energy Inc. Common Stock 98389B100 3702 51300 SH SOLE 51300 0 0 XP Inc Common Stock G98239109 9775 324768 SH SOLE 324768 0 0 Yum China Holdings Inc Common Stock 98850P109 8420 202716 SH SOLE 202716 0 0 Zimmer Biomet Holdings Inc Common Stock 98956P102 7440 58175 SH SOLE 58175 0 0 Zoetis Inc. Common Stock 98978V103 18930 100380 SH SOLE 100380 0 0