The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Barrick Gold Corp. COM 067901108 52,410 3,182,152 SH   SOLE   2,412,452 0 769,700
Agnico Eagle Mines Ltd COM 008474108 755 23,300 SH   SOLE   23,300 0 0
Alamos Gold COM 011527108 670 75,000 SH   SOLE   75,000 0 0
Agrium Inc. COM 008916108 53,534 537,707 SH   SOLE   401,965 0 135,742
AuRico Gold Inc COM 05155C105 839 214,500 SH   SOLE   214,500 0 0
Bank of Nova Scotia COM 064149107 217,020 3,132,963 SH   SOLE   2,338,813 0 794,150
Brookfield Residential Properties Inc. COM 11283W104 33,938 1,612,248 SH   SOLE   1,237,698 0 374,550
Bellatrix Exploration Ltd. COM 078314101 742 107,780 SH   SOLE   107,780 0 0
Catamaran Corporation COM 148887102 69,394 1,471,146 SH   SOLE   1,116,338 0 354,808
Canadian Imperial Bank of Commerce COM 136069101 71,502 710,827 SH   SOLE   540,827 0 170,000
Canadian Natural Resources Ltd. COM 136385101 79,418 1,825,290 SH   SOLE   1,374,890 0 450,400
Canadian National Railway COM 136375102 89,978 1,131,662 SH   SOLE   1,045,262 0 86,400
Canadian Pacific Railway Ltd. COM 13645T100 118,881 511,471 SH   SOLE   346,921 0 164,550
Crescent Point Energy Corp. COM ADDED 22576C101 70,906 1,754,237 SH   SOLE   1,323,037 0 431,200
Cenovus Energy Inc. COM 15135U109 54,416 1,806,040 SH   SOLE   1,388,940 0 417,100
EnCana Corp. COM 292505104 45,485 1,912,754 SH   SOLE   1,455,854 0 456,900
Enbridge Inc. COM 29250N105 30,176 562,876 SH   SOLE   520,476 0 42,400
Franco-Nevada Corp. COM 351858105 396 7,200 SH   SOLE   7,200 0 0
Firstservice Corp. Sub Vtg. SUB VTG SH 33761N109 637 10,830 SH   SOLE   10,830 0 0
Goldcorp Inc. COM 380956409 46,170 1,788,136 SH   SOLE   1,352,366 0 435,770
CGI Group Class A CL A SUB VTG 39945C109 45,242 1,195,609 SH   SOLE   880,392 0 315,217
Gildan Activewear Class A COM 375916103 45,276 738,954 SH   SOLE   559,854 0 179,100
Manulife Financial Corp. COM 56501R106 100,337 4,658,186 SH   SOLE   3,202,003 0 1,456,183
Magna International Inc. Class A COM 559222401 55,692 523,918 SH   SOLE   397,810 0 126,108
Mitel Networks Corp. COM 60671Q104 479 46,800 SH   SOLE   46,800 0 0
Merus Labs International Inc NEW COM 59047R101 310 185,500 SH   SOLE   185,500 0 0
North American Energy Partners COM 656844107 660 91,300 SH   SOLE   91,300 0 0
Nevsun Resources Ltd. COM 64156L101 997 246,200 SH   SOLE   246,200 0 0
Open Text Corp. COM 683715106 37,503 605,371 SH   SOLE   464,932 0 140,439
Primero Mining Corp. COM 74164W106 913 167,600 SH   SOLE   167,600 0 0
Pembina Pipeline Corp. COM 706327103 48,943 1,037,377 SH   SOLE   957,777 0 79,600
Performance Sports Group Ltd COM ADDED 71377G100 1,016 55,800 SH   SOLE   55,800 0 0
Rio Alto Mining Ltd. COM 76689T104 682 255,506 SH   SOLE   255,506 0 0
Royal Bank of Canada COM 780087102 234,094 2,924,346 SH   SOLE   2,231,168 0 693,178
Shaw Communications Inc. Class B CL B CONV 82028K200 31,940 1,163,584 SH   SOLE   881,984 0 281,600
Sun Life Financial Inc. COM 866796105 55,977 1,378,738 SH   SOLE   1,269,738 0 109,000
Suncor Energy Inc. COM 867224107 102,905 2,538,995 SH   SOLE   1,924,189 0 614,806
Telus Corp. COM 87971M103 88,813 2,322,527 SH   SOLE   1,743,583 0 578,944
Teck Resources Ltd. CL B 878742204 17,562 828,020 SH   SOLE   762,720 0 65,300
Toronto-Dominion Bank COM NEW 891160509 201,267 3,641,525 SH   SOLE   2,766,393 0 875,132
Talisman Energy Inc. COM 87425E103 25,470 2,628,434 SH   SOLE   2,026,134 0 602,300
Timmins Gold Corp COM 88741P103 695 493,100 SH   SOLE   493,100 0 0
TransCanada Pipelines Corp. COM 89353D107 70,150 1,216,200 SH   SOLE   833,400 0 382,800
Valeant Pharmaceuticals International COM 91911K102 103,622 706,112 SH   SOLE   538,896 0 167,216
Yamana Gold Inc. COM 98462Y100 41,127 6,120,055 SH   SOLE   4,652,885 0 1,467,170