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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
AECOM COM 00766T100 5,415 70,000 SH   SOLE 1 70,000 0 0
AERCAP HOLDINGS NV SHS N00985106 3,271 50,000 SH   SOLE 1 50,000 0 0
AIR LEASE CORP CL A 00912X302 1,415 32,000 SH   SOLE 1 32,000 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 4,728 614,310 SH   SOLE 1 614,310 0 0
ALGOMA STL GROUP INC COM 015658107 2,154 200,000 SH   SOLE 1 200,000 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 3,707 85,000 SH   SOLE 1 85,000 0 0
APTIV PLC SHS G6095L109 571 3,460 SH   SOLE 1 3,460 0 0
BANK MONTREAL QUE COM 063671101 8,601 79,830 SH   SOLE 1 79,830 0 0
BANK NOVA SCOTIA B C COM 064149107 10,765 151,942 SH   SOLE 1 151,942 0 0
BAUSCH HEALTH COS INC COM 071734107 473 17,100 SH   SOLE 1 17,100 0 0
BAUSCH HEALTH COS INC COM 071734107 40 1,440 SH   SOLE _ 1,440 0 0
BERKLEY W R CORP COM 084423102 1,730 21,000 SH   SOLE 1 21,000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 9,711 160,685 SH   SOLE 1 160,685 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 659 10,900 SH   SOLE _ 10,900 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 305 5,000 SH   SOLE _ 5,000 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 1,286 15,000 SH   SOLE 1 15,000 0 0
CAE INC COM 124765108 5,049 200,000 SH   SOLE 1 200,000 0 0
CANADIAN NAT RES LTD COM 136385101 2,770 65,505 SH   SOLE 1 65,505 0 0
CANADIAN NATL RY CO COM 136375102 5,623 45,740 SH   SOLE 1 45,740 0 0
CANADIAN NATL RY CO COM 136375102 181 1,470 SH   SOLE _ 1,470 0 0
CANADIAN PAC RY LTD COM 13645T100 8,172 113,540 SH   SOLE 1 113,540 0 0
CANADIAN PAC RY LTD COM 13645T100 230 3,200 SH   SOLE _ 3,200 0 0
CENOVUS ENERGY INC COM 15135U109 4,801 391,250 SH   SOLE 1 391,250 0 0
CGI INC CL A SUB VTG 12532H104 2,632 29,740 SH   SOLE 1 29,740 0 0
CGI INC CL A SUB VTG 12532H104 133 1,500 SH   SOLE _ 1,500 0 0
CITI TRENDS INC COM 17306X102 853 9,000 SH   SOLE 1 9,000 0 0
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 1,115 7,500 SH   SOLE 1 7,500 0 0
CRESCENT PT ENERGY CORP COM 22576C101 2,886 540,440 SH   SOLE 1 540,440 0 0
DENISON MINES CORP COM 248356107 2,891 2,100,000 SH   SOLE 1 2,100,000 0 0
ENBRIDGE INC COM 29250N105 6,322 161,718 SH   SOLE 1 161,718 0 0
ENDEAVOUR SILVER CORP COM 29258Y103 3,208 757,920 SH   SOLE 1 757,920 0 0
ENERPLUS CORP COM 292766102 11,109 1,052,640 SH   SOLE 1 1,052,640 0 0
ERO COPPER CORP COM 296006109 575 37,630 SH   SOLE 1 37,630 0 0
FIRSTSERVICE CORP NEW COM 33767E202 4,651 23,650 SH   SOLE 1 23,650 0 0
FIRSTSERVICE CORP NEW COM 33767E202 98 500 SH   SOLE _ 500 0 0
FRANCO NEV CORP COM 351858105 4,450 32,150 SH   SOLE 1 32,150 0 0
GFL ENVIRONMENTAL INC SUB VTG SHS 36168Q104 3,329 87,970 SH   SOLE 1 87,970 0 0
GFL ENVIRONMENTAL INC SUB VTG SHS 36168Q104 95 2,520 SH   SOLE _ 2,520 0 0
GILDAN ACTIVEWEAR INC COM 375916103 4,091 96,440 SH   SOLE 1 96,440 0 0
GILDAN ACTIVEWEAR INC COM 375916103 102 2,400 SH   SOLE _ 2,400 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 3,127 37,500 SH   SOLE 1 37,500 0 0
HILTON GRAND VACATIONS INC COM 43283X105 3,387 65,000 SH   SOLE 1 65,000 0 0
INVITATION HOMES INC COM 46187W107 2,267 50,000 SH   SOLE 1 50,000 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 7,550 180,000 SH   SOLE 1 180,000 0 0
LAUDER ESTEE COS INC CL A 518439104 926 2,500 SH   SOLE 1 2,500 0 0
MAG SILVER CORP COM 55903Q104 1,961 125,000 SH   SOLE 1 125,000 0 0
MAGNA INTL INC COM 559222401 2,129 26,291 SH   SOLE 1 26,291 0 0
MANULIFE FINL CORP COM 56501R106 2,712 142,161 SH   SOLE 1 142,161 0 0
MARTIN MARIETTA MATLS INC COM 573284106 1,322 3,000 SH   SOLE 1 3,000 0 0
MAVERIX METALS INC COM NEW 57776F405 1,356 310,460 SH   SOLE 1 310,460 0 0
METHANEX CORP COM 59151K108 396 10,000 SH   SOLE 1 10,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 673 15,000 SH   SOLE 1 15,000 0 0
MICROSOFT CORP COM 594918104 1,682 5,000 SH   SOLE 1 5,000 0 0
MOSAIC CO NEW COM 61945C103 884 22,500 SH   SOLE 1 22,500 0 0
NEXGEN ENERGY LTD COM 65340P106 986 225,000 SH   SOLE 1 225,000 0 0
NUTRIEN LTD COM 67077M108 7,322 97,345 SH   SOLE 1 97,345 0 0
OPEN TEXT CORP COM 683715106 2,948 62,060 SH   SOLE 1 62,060 0 0
OPEN TEXT CORP COM 683715106 141 2,960 SH   SOLE _ 2,960 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 2,119 3,000 SH   SOLE 1 3,000 0 0
PRECISION DRILLING CORP COM NEW 74022D407 9,721 274,930 SH   SOLE 1 274,930 0 0
PROFOUND MED CORP COM NEW 74319B502 1,226 108,710 SH   SOLE 1 108,710 0 0
PROFOUND MED CORP COM NEW 74319B502 30 2,690 SH   SOLE _ 2,690 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 3,722 78,110 SH   SOLE 1 78,110 0 0
ROYAL BK CDA COM 780087102 14,318 134,806 SH   SOLE 1 134,806 0 0
SANGOMA TECHNOLOGIES CORP COM NEW 80100R408 2,678 155,154 SH   SOLE 1 155,154 0 0
SHOPIFY INC CL A 82509L107 11,068 8,032 SH   SOLE 1 8,032 0 0
SHOPIFY INC CL A 82509L107 152 110 SH   SOLE _ 110 0 0
SILVERCREST METALS INC COM 828363101 3,344 422,690 SH   SOLE 1 422,690 0 0
SSR MNG INC COM 784730103 886 50,000 SH   SOLE 1 50,000 0 0
STANTEC INC COM 85472N109 9,912 176,250 SH   SOLE 1 176,250 0 0
STANTEC INC COM 85472N109 224 3,990 SH   SOLE _ 3,990 0 0
SUNCOR ENERGY INC NEW COM 867224107 6,265 250,225 SH   SOLE 1 250,225 0 0
TC ENERGY CORP COM 87807B107 3,695 79,395 SH   SOLE 1 79,395 0 0
TECK RESOURCES LTD CL B 878742204 2,030 70,430 SH   SOLE 1 70,430 0 0
TELUS INTL CDA INC SUB VTG SHS 87975H100 2,012 60,850 SH   SOLE 1 60,850 0 0
TELUS INTL CDA INC SUB VTG SHS 87975H100 58 1,750 SH   SOLE _ 1,750 0 0
TERADYNE INC COM 880770102 1,635 10,000 SH   SOLE 1 10,000 0 0
TFI INTL INC COM 87241L109 703 6,260 SH   SOLE 1 6,260 0 0
TFI INTL INC COM 87241L109 52 460 SH   SOLE _ 460 0 0
THOMSON REUTERS CORP. COM NEW 884903709 768 6,420 SH   SOLE 1 6,420 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 14,150 184,422 SH   SOLE 1 184,422 0 0
TRANSALTA CORP COM 89346D107 556 50,000 SH   SOLE 1 50,000 0 0
TRICON RESIDENTIAL INC COM NPV 89612W102 4,510 294,450 SH   SOLE 1 294,450 0 0
TRICON RESIDENTIAL INC COM NPV 89612W102 107 7,000 SH   SOLE _ 7,000 0 0
VULCAN MATLS CO COM 929160109 2,491 12,000 SH   SOLE 1 12,000 0 0
WEST FRASER TIMBER CO LTD COM 952845105 12,530 131,340 SH   SOLE 1 131,340 0 0
WEST FRASER TIMBER CO LTD COM 952845105 191 2,000 SH   SOLE _ 2,000 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 644 15,000 SH   SOLE 1 15,000 0 0