President and CEO

0001123778-22-000009.txt : 20221107 0001123778-22-000009.hdr.sgml : 20221107 20221107093930 ACCESSION NUMBER: 0001123778-22-000009 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220930 FILED AS OF DATE: 20221107 DATE AS OF CHANGE: 20221107 EFFECTIVENESS DATE: 20221107 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: 221364066 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 09-30-2022 09-30-2022 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 11-07-2022 1 207 14415978 false 1 0000009631 028-11475 BANK OF NOVA SCOTIA INFORMATION TABLE 2 q3-2022_13f.xml 3M Company Common Stock 88579Y101 13051 118112 SH SOLE 117712 400 0 Abbott Laboratories Common Stock 002824100 222695 2301525 SH SOLE 2054260 247265 0 Abbvie Inc Common Stock 00287Y109 20250 150886 SH SOLE 150886 0 0 Abcam PLC - ADR ADR 000380204 6193 413186 SH SOLE 413186 0 0 Accenture Plc Common Stock G1151C101 1402 5452 SH SOLE 5452 0 0 Aflac Incorporated Common Stock 001055102 1708 30400 SH SOLE 30400 0 0 Air Products & Chemicals Inc. Common Stock 009158106 349 1500 SH SOLE 1500 0 0 Alarm.com Holdings Inc. Common Stock 011642105 31150 480278 SH SOLE 454941 25337 0 Alcon Inc. Common Stock H01301128 15523 266815 SH SOLE 266815 0 0 Algonquin Power & Utilities Corp. Common Stock 015857105 118 10753 SH SOLE 10753 0 0 Alibaba Group Holding-SP ADR ADR 01609W102 2988 37362 SH SOLE 37362 0 0 Alithya Group Inc. Common Stock 01643B106 4165 2135773 SH SOLE 2135773 0 0 Allstate Corporation Common Stock 020002101 4339 34847 SH SOLE 34847 0 0 Alphabet Inc - A Common Stock 02079K305 181446 1896979 SH SOLE 1547499 349480 0 Alphabet Inc - C Common Stock 02079K107 165089 1716997 SH SOLE 1707492 9505 0 Altria Group Inc. Common Stock 02209S103 3988 98775 SH SOLE 98775 0 0 Amazon.Com Inc Common Stock 023135106 306663 2713836 SH SOLE 2286236 427600 0 Ambev SA ADR ADR 02319V103 107 38153 SH SOLE 38153 0 0 American Financial Group Inc/OH Common Stock 025932104 44598 362799 SH SOLE 344738 18061 0 AMETEK Inc Common Stock 031100100 73140 644917 SH SOLE 540253 104664 0 Anheuser-Busch Inbev NV ADR ADR 03524A108 669 14822 SH SOLE 14822 0 0 Apple Inc. Common Stock 037833100 10315 74643 SH SOLE 74643 0 0 ASML Holding NV-NY Reg Shs NY Reg Shrs N07059210 12792 30800 SH SOLE 30800 0 0 Automatic Data Processing Inc. Common Stock 053015103 30349 134179 SH SOLE 134179 0 0 Axos Financial Inc Common Stock 05465C100 26767 781979 SH SOLE 737416 44563 0 Baidu Inc. Sponsored ADR ADR 056752108 278 2369 SH SOLE 2369 0 0 Bank of America Corporation Common Stock 060505104 596 19761 SH SOLE 19761 0 0 Bank of Montreal Common Stock 063671101 12924 146681 SH SOLE 146681 0 0 Bank of New York Mellon Corp Common Stock 064058100 210 5454 SH SOLE 5454 0 0 Bank of Nova Scotia Common Stock 064149107 676194 14141982 SH SOLE 10816637 3325345 0 Bank OZK Common Stock 06417N103 83178 2102579 SH SOLE 1648682 453897 0 Baxter International Inc. Common Stock 071813109 3661 67987 SH SOLE 67987 0 0 BCE Inc. Common Stock 05534B760 10290 244128 SH SOLE 242599 1529 0 Becton Dickinson and Company Common Stock 075887109 192189 862493 SH SOLE 753602 108891 0 Berkshire Hathaway Inc - A Common Stock 084670108 406 1 SH SOLE 1 0 0 Berkshire Hathaway Inc - B Common Stock 084670702 72863 272878 SH SOLE 272828 50 0 Berry Global Group Inc Common Stock 08579W103 29596 636064 SH SOLE 602864 33200 0 Booking Holdings Inc Common Stock 09857L108 80533 49010 SH SOLE 40180 8830 0 Boston Beer Co Inc/The Common Stock 100557107 24692 76295 SH SOLE 72267 4028 0 Boston Scientific Corporation Common Stock 101137107 160704 4149351 SH SOLE 3530391 618960 0 Bristol-Myers Squibb Company Common Stock 110122108 421 5925 SH SOLE 5925 0 0 Brookfield Asset Mgt - A Common Stock 112585104 831301 20213486 SH SOLE 14650976 5562510 0 Brookfield Infrastructure Partners LP Ltd Part G16252101 675 18769 SH SOLE 18769 0 0 Brookfield Renewable Energy Partners MLP G16258108 500 15943 SH SOLE 15943 0 0 Brown-Forman Corp - A Common Stock 115637100 2937 43482 SH SOLE 43482 0 0 Brown-Forman Corp - B Common Stock 115637209 2838 42636 SH SOLE 42636 0 0 CAE Inc. 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Common Stock 17275R102 443 11083 SH SOLE 11083 0 0 Clorox Company Common Stock 189054109 577 4500 SH SOLE 4500 0 0 Coca-Cola Company Common Stock 191216100 6766 120796 SH SOLE 120796 0 0 Cognizant Technology Solutions Corp Common Stock 192446102 35031 609882 SH SOLE 586574 23308 0 Colgate-Palmolive Company Common Stock 194162103 55003 782973 SH SOLE 782173 800 0 Colliers International Group Inc Common Stock 194693107 198387 2153362 SH SOLE 1538761 614601 0 Comcast Corp - A Common Stock 20030N101 22776 776576 SH SOLE 772976 3600 0 Cooper Cos Inc/the Common Stock 216648402 1293 4900 SH SOLE 4900 0 0 Copart Inc Common Stock 217204106 136296 1280986 SH SOLE 1111220 169766 0 Costco Wholesale Corporation Common Stock 22160K105 38031 80529 SH SOLE 80504 25 0 Credicorp Ltd ADR Common Stock G2519Y108 6002 48883 SH SOLE 48883 0 0 Credit Acceptance Corp. Common Stock 225310101 15043 34347 SH SOLE 32782 1565 0 CVS Health Corporation Common Stock 126650100 12480 130868 SH SOLE 130868 0 0 CyberArk Software Ltd ADR Common Stock M2682V108 39219 261571 SH SOLE 176323 85248 0 Danaher Corporation Common Stock 235851102 76383 295726 SH SOLE 230801 64925 0 Davita Inc. Common Stock 23918K108 425 5140 SH SOLE 5140 0 0 Descartes Systems Group Inc Common Stock 249906108 309048 4841498 SH SOLE 3809442 1032056 0 Diageo Plc ADR ADR 25243Q205 125477 738929 SH SOLE 738929 0 0 Dirtt Environmental Solutions Ltd. Common Stock 25490H106 1096 2552731 SH SOLE 2552731 0 0 Discover Financial Services Common Stock 254709108 272 3000 SH SOLE 3000 0 0 Dollar Tree Inc Common Stock 256746108 2105 15470 SH SOLE 15470 0 0 Dominion Energy Common Stock 25746U109 3652 52854 SH SOLE 52854 0 0 Duke Energy Corporation Common Stock 26441C204 3603 38744 SH SOLE 38744 0 0 Eli Lilly & Company Common Stock 532457108 19710 60957 SH SOLE 60957 0 0 Embecta Corp Common Stock 29082K105 328 11406 SH SOLE 11266 140 0 Emerson Electric Co. Common Stock 291011104 7151 97670 SH SOLE 97670 0 0 Enbridge Inc Common Stock 29250N105 110408 2961966 SH SOLE 2958966 3000 0 Enerplus Corporation Common Stock 292766102 313 22050 SH SOLE 22050 0 0 EOG Resources Inc. Common Stock 26875P101 5095 45602 SH SOLE 45332 270 0 Exxon Mobil Corporation Common Stock 30231G102 26161 299637 SH SOLE 299597 40 0 Fiserv Inc. Common Stock 337738108 199055 2127347 SH SOLE 1908221 219126 0 Fomento Econ.Mexicano SAB de CV ADR ADR 344419106 5025 80084 SH SOLE 80084 0 0 Fortis Inc. Common Stock 349553107 1339 35070 SH SOLE 35070 0 0 Franco Nevada Corporation Common Stock 351858105 364122 3032258 SH SOLE 2133205 899053 0 Fresenius Medical Care AG&Co KGAa ADR ADR 358029106 410 29245 SH SOLE 29245 0 0 Gildan Activewear Inc. Common Stock 375916103 394555 13883309 SH SOLE 10044757 3838552 0 GlaxoSmithKline PLC ADR 37733W204 524 17832 SH SOLE 17832 0 0 GreenBox POS Common Stock 39366L208 17 18329 SH SOLE 18329 0 0 Guidewire Software Inc Common Stock 40171V100 88501 1437181 SH SOLE 1223707 213474 0 Haleon PLC Common Stock 405552100 133 21891 SH SOLE 21891 0 0 Hartford Financial Services Grp Inc. Common Stock 416515104 222 3600 SH SOLE 3600 0 0 HDFC Bank Ltd ADR ADR 40415F101 90865 1555387 SH SOLE 1085929 469458 0 Hilton Worldwide Holdings Inc. Common Stock 43300A203 1616 13401 SH SOLE 13401 0 0 Home Depot Inc. Common Stock 437076102 739 2680 SH SOLE 2680 0 0 Honeywell International Inc. Common Stock 438516106 525 3146 SH SOLE 3146 0 0 HSBC Holdings Sponsored ADR ADR 404280406 548 21035 SH SOLE 21035 0 0 Illinois Tool Works Inc. Common Stock 452308109 246 1363 SH SOLE 1363 0 0 Imperial Oil Limited Common Stock 453038408 2002 46003 SH SOLE 46003 0 0 Infosys Ltd ADR ADR 456788108 3558 209717 SH SOLE 209717 0 0 ING Groep N.V. ADR ADR 456837103 691 81327 SH SOLE 81327 0 0 Interactive Brokers Group Inc Common Stock 45841N107 155769 2437326 SH SOLE 2040490 396836 0 Intercontinental Hotels-ADR ADR 45857P806 677 13943 SH SOLE 13943 0 0 International Business Machines Corp Common Stock 459200101 605 5100 SH SOLE 5100 0 0 International Flavors & Fragrances Common Stock 459506101 5035 55444 SH SOLE 55444 0 0 IQVIA Holdings Inc Common Stock 46266C105 133355 736204 SH SOLE 659452 76752 0 iShares 5-10 Year Inv. Grade Corp. Bond ETF ETP 464288638 206 4267 PRN SOLE 4267 0 0 iShares Core 1-5 Year USD Bond ETF ETP 46432F859 261 5670 SH SOLE 5670 0 0 iShares Core U.S. Aggregate Bond ETF ETP 464287226 224 2330 SH SOLE 2330 0 0 Johnson & Johnson Common Stock 478160104 120910 740145 SH SOLE 739122 1023 0 JPMorgan Chase & Co. Common Stock 46625H100 127074 1216020 SH SOLE 1214520 1500 0 Kimberly-Clark Corporation Common Stock 494368103 8261 73412 SH SOLE 73412 0 0 LCI Industries Common Stock 50189K103 61262 603812 SH SOLE 483265 120547 0 Lowe's Companies Inc. Common Stock 548661107 813 4333 SH SOLE 4333 0 0 Lululemon Athletica Inc Common Stock 550021109 206 740 SH SOLE 740 0 0 M&T Bank Corporation Common Stock 55261F104 5452 30926 SH SOLE 30926 0 0 Magna International Inc - A Common Stock 559222401 387887 8133446 SH SOLE 5902371 2231075 0 Manulife Financial Corporation Common Stock 56501R106 388058 24594779 SH SOLE 17997917 6596862 0 Markel Corporation Common Stock 570535104 357 330 SH SOLE 330 0 0 Marsh & McLennan Companies Inc. Common Stock 571748102 263 1766 SH SOLE 1766 0 0 Mastercard Inc - A Common Stock 57636Q104 215191 756810 SH SOLE 678716 78094 0 McCormick & Company Incorporated Common Stock 579780206 441 6200 SH SOLE 6200 0 0 McDonald's Corporation Common Stock 580135101 4477 19403 SH SOLE 19403 0 0 Medtronic Inc. Plc Common Stock G5960L103 1054 13056 SH SOLE 13056 0 0 Merck & Co. Inc. Common Stock 58933Y105 4233 49158 SH SOLE 49158 0 0 Meta Platforms Inc Common Stock 30303M102 119736 882493 SH SOLE 741941 140552 0 MetLife Inc. Common Stock 59156R108 4843 79690 SH SOLE 79690 0 0 Microsoft Corporation Common Stock 594918104 450183 1932949 SH SOLE 1669925 263024 0 Mondelez International Inc. Common Stock 609207105 56128 1023678 SH SOLE 995948 27730 0 Monster Beverage Corp Common Stock 61174X109 58251 669866 SH SOLE 510838 159028 0 National Grid Plc ADR ADR 636274409 1635 31734 SH SOLE 31734 0 0 NIKE Inc Common Stock 654106103 7150 86021 SH SOLE 86021 0 0 Novartis AG ADR ADR 66987V109 7163 94240 SH SOLE 94240 0 0 Novo Nordisk A/S Sponsored ADR ADR 670100205 7456 74846 SH SOLE 74846 0 0 Nutrien Ltd Common Stock 67077M108 41871 499438 SH SOLE 498763 675 0 Open Text Corporation Common Stock 683715106 395221 14874401 SH SOLE 11077641 3796760 0 Oracle Corporation Common Stock 68389X105 106475 1743494 SH SOLE 1629957 113537 0 Parker Hannifin Corporation Common Stock 701094104 1423 5873 SH SOLE 5873 0 0 Pembina Pipeline Corporation Common Stock 706327103 16545 541793 SH SOLE 541793 0 0 PepsiCo Inc. Common Stock 713448108 180638 1106448 SH SOLE 1094284 12164 0 Pfizer Inc. Common Stock 717081103 18538 423638 SH SOLE 422138 1500 0 Philip Morris International Inc. Common Stock 718172109 4799 57820 SH SOLE 57820 0 0 Procter & Gamble Company Common Stock 742718109 90264 714964 SH SOLE 714332 632 0 Progressive Corp/The Common Stock 743315103 30584 263186 SH SOLE 249988 13198 0 Public Service Enterprises Group Common Stock 744573106 383 6820 SH SOLE 6820 0 0 Quest Diagnostics Incorporated Common Stock 74834L100 355 2900 SH SOLE 2900 0 0 Relx Plc ADR ADR 759530108 35018 1440507 SH SOLE 1440507 0 0 Restaurant Brands International Inc. Common Stock 76131D103 536963 10041037 SH SOLE 7250727 2790310 0 Ritchie Bros. Auctioneers Common Stock 767744105 167195 2661740 SH SOLE 1800474 861266 0 Rogers Communications Inc - B Common Stock 775109200 1298 33520 SH SOLE 33520 0 0 Royal Bank of Canada Common Stock 780087102 214052 2364903 SH SOLE 2065553 299350 0 Sanofi ADR ADR 80105N105 834 21950 SH SOLE 21950 0 0 SAP AG ADR ADR 803054204 17302 212954 SH SOLE 212954 0 0 Sea Ltd ADR 81141R100 3800 67804 SH SOLE 67804 0 0 ServisFirst Bancshares Inc Common Stock 81768T108 24179 302245 SH SOLE 286437 15808 0 Shaw Communications Inc - B Common Stock 82028K200 5418 221650 SH SOLE 221650 0 0 Shell PLC - ADR ADR 780259305 2677 53810 SH SOLE 53810 0 0 Shopify Inc. Class - A Common Stock 82509L107 332042 12268004 SH SOLE 8638828 3629176 0 Silvercorp Metals Inc. Common Stock 82835P103 74 31500 SH SOLE 31500 0 0 Smith & Nephew Plc ADR ADR 83175M205 1559 67159 SH SOLE 67159 0 0 SPDR Gold Trust ETP 78463V107 740 4787 SH SOLE 4787 0 0 SPDR S&P 500 ETF Trust ETP 78462F103 16644 46599 SH SOLE 46599 0 0 Stantec Inc Common Stock 85472N109 429009 9730655 SH SOLE 7097636 2633019 0 Starbucks Corporation Common Stock 855244109 464 5508 SH SOLE 5508 0 0 Stryker Corporation Common Stock 863667101 800 3952 SH SOLE 3952 0 0 Sun Life Financial Inc. Common Stock 866796105 10660 266670 SH SOLE 266670 0 0 Suncor Energy Inc. Common Stock 867224107 4558 161011 SH SOLE 161011 0 0 Taiwan Semiconductor Manufactng ADR ADR 874039100 25415 370709 SH SOLE 370709 0 0 TC Energy Corp. Common Stock 87807B107 21250 524783 SH SOLE 524783 0 0 TELUS Corp Common Stock 87971M103 20603 1032086 SH SOLE 1032086 0 0 Texas Instruments Incorporated Common Stock 882508104 402 2600 SH SOLE 2600 0 0 The Sherwin-Williams Company Common Stock 824348106 87891 429263 SH SOLE 361519 67744 0 Thomson Reuters Corp. Common Stock 884903709 651781 6315964 SH SOLE 4792467 1523497 0 TJX Companies Inc. Common Stock 872540109 73690 1186265 SH SOLE 1158975 27290 0 Toronto-Dominion Bank Common Stock 891160509 131343 2130257 SH SOLE 2125057 5200 0 TotalEnergies SE - ADR ADR 89151E109 3899 83814 SH SOLE 83814 0 0 Trip.com Group Ltd - ADR Common Stock 89677Q107 6513 238485 SH SOLE 238485 0 0 Triple Flag Precious Metals Corp Common Stock 89679M104 2692 211396 SH SOLE 211396 0 0 Unilever Plc ADR ADR 904767704 25090 572329 SH SOLE 572329 0 0 Union Pacific Corporation Common Stock 907818108 251 1290 SH SOLE 1290 0 0 UnitedHealth Group Incorporated Common Stock 91324P102 335468 664241 SH SOLE 571055 93186 0 US Bancorp Common Stock 902973304 8319 206347 SH SOLE 206347 0 0 Valero Energy Corporation Common Stock 91913Y100 212 1992 SH SOLE 1992 0 0 Verisk Analytics Inc - A Common Stock 92345Y106 139804 819821 SH SOLE 757325 62496 0 Verizon Communications Inc. Common Stock 92343V104 1173 30898 SH SOLE 30898 0 0 Viatris Inc. Common Shares 92556V106 143 16786 SH SOLE 16786 0 0 Visa Inc - A Common Stock 92826C839 2457 13834 SH SOLE 13834 0 0 Vodafone Group Plc-Sponsored ADR ADR 92857W308 266 23549 SH SOLE 23549 0 0 W.R. Berkley Corp. Common Stock 084423102 201 3114 SH SOLE 3114 0 0 Walgreens Boots Alliance Common Stock 931427108 697 22228 SH SOLE 22228 0 0 Wal-Mart Stores Inc. Common Stock 931142103 1306 10073 SH SOLE 10003 70 0 Walt Disney Company Common Stock 254687106 622 6604 SH SOLE 6604 0 0 Wayfair Inc Common Stock 94419L101 9522 292558 SH SOLE 278457 14101 0 Wells Fargo & Company Common Stock 949746101 6874 170916 SH SOLE 169916 1000 0 West Fraser Timber Co. Ltd. Common Stock 952845105 218 3000 SH SOLE 3000 0 0 Xcel Energy Inc. Common Stock 98389B100 3283 51300 SH SOLE 51300 0 0 XP Inc Common Stock G98239109 6489 341358 SH SOLE 341358 0 0 Yum China Holdings Inc Common Stock 98850P109 7251 153206 SH SOLE 153206 0 0 Zimmer Biomet Holdings Inc Common Stock 98956P102 5360 51275 SH SOLE 51275 0 0 Zoetis Inc. Common Stock 98978V103 18300 123413 SH SOLE 123413 0 0