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
ADVANTAGE OIL & GAS LTD COM 00765F101 2,627 689,500 SH   DFND 1 2,627 0 0
AGCO CORP COM 001084102 11,868 183,000 SH   DFND 1 11,868 0 0
ALAMOS GOLD INC NEW NEW COM 011532108 21,477 3,205,467 SH   DFND 1 21,477 0 0
ALBEMARLE CORP COM 012653101 2,597 28,000 SH   DFND 1 2,597 0 0
ALGONQUIN PWR UTILS CORP COM 015857105 53,365 4,178,920 SH   DFND 1 53,365 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 334 1,820 SH   DFND 1 334 0 0
ALLERGAN PLC SHS G0177J108 41,702 247,800 SH   DFND 1 41,702 0 0
ALPHABET INC CL A 02079K305 15,002 14,465 SH   DFND 1 15,002 0 0
ALPHABET INC CL C 02079K107 173,206 167,869 SH   DFND 1 173,206 0 0
AMDOCS LTD SHS G02602103 34,187 512,400 SH   DFND 1 34,187 0 0
AMERICAN EXPRESS CO COM 025816109 39,485 423,300 SH   DFND 1 39,485 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 647 32,200 SH   DFND 1 647 0 0
AMERICAN TOWER CORP NEW COM 03027X100 29,647 203,983 SH   DFND 1 29,647 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,454 17,700 SH   DFND 1 1,454 0 0
AMERISOURCEBERGEN CORP COM 03073E105 5,724 66,400 SH   DFND 1 5,724 0 0
ANADARKO PETE CORP OPTIONS 032511907 27,801 460,200 SH Call DFND 1 27,801 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 6,903 62,785 SH   DFND 1 6,903 0 0
APPLE INC COM 037833100 11,355 67,680 SH   DFND 1 11,355 0 0
APPLIED MATLS INC COM 038222105 59,514 1,070,200 SH   DFND 1 59,514 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 6,664 116,100 SH   DFND 1 6,664 0 0
ATHENE HLDG LTD CL A G0684D107 774 16,190 SH   DFND 1 774 0 0
ATLASSIAN CORP PLC CL A G06242104 269 4,981 SH   DFND 1 269 0 0
AVALONBAY CMNTYS INC COM 053484101 19,500 118,570 SH   DFND 1 19,500 0 0
AXALTA COATING SYS LTD COM G0750C108 27,413 908,000 SH   DFND 1 27,413 0 0
BALL CORP COM 058498106 5,845 147,195 SH   DFND 1 5,845 0 0
BANK AMER CORP COM 060505104 2,879 95,992 SH   DFND 1 2,879 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 112,009 1,411,402 SH   DFND 1 112,009 0 0
BANK MONTREAL QUE COM 063671101 41,575 427,200 SH   DFND 1 41,575 0 0
BARRICK GOLD CORP COM 067901108 2,466 198,105 SH   DFND 1 2,466 0 0
BCE INC COM NEW 05534B760 137,071 2,472,427 SH   DFND 1 137,071 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 174,076 582 SH   DFND 1 174,076 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 8,487 42,545 SH   DFND 1 8,487 0 0
BLACK STONE MINERALS L P UNIT 09225M101 9,156 553,253 SH   DFND 1 9,156 0 0
BOOKING HLDGS INC COM 09857L108 77,214 37,115 SH   DFND 1 77,214 0 0
BOSTON PROPERTIES INC COM 101121101 19,925 161,705 SH   DFND 1 19,925 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 202,205 5,184,750 SH   DFND 1 202,205 0 0
BROOKFIELD BUSINESS PARTNERS UNIT LTD LP G16234109 34,651 962,274 SH   DFND 1 34,651 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 121,469 2,917,131 SH   DFND 1 121,469 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 611 24,700 SH   DFND 1 611 0 0
CABOT OIL & GAS CORP COM 127097103 1,284 53,550 SH   DFND 1 1,284 0 0
CANADIAN NATL RY CO COM 136375102 63,742 676,950 SH   DFND 1 63,742 0 0
CANADIAN NAT RES LTD COM 136385101 60,478 1,921,756 SH   DFND 1 60,478 0 0
CANADIAN PAC RY LTD COM 13645T100 114,043 501,950 SH   DFND 1 114,043 0 0
CATERPILLAR INC DEL COM 149123101 10,545 71,550 SH   DFND 1 10,545 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 511 8,000 SH   DFND 1 511 0 0
CENOVUS ENERGY INC COM 15135U109 1,812 165,200 SH   DFND 1 1,812 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 140,659 2,440,300 SH   DFND 1 140,659 0 0
CHENIERE ENERGY INC COM NEW 16411R208 8,060 150,800 SH   DFND 1 8,060 0 0
CIGNA CORPORATION COM 125509109 128,204 764,300 SH   DFND 1 128,204 0 0
CIMAREX ENERGY CO COM 171798101 2,207 23,600 SH   DFND 1 2,207 0 0
CINEMARK HOLDINGS INC COM 17243V102 124,169 3,296,223 SH   DFND 1 124,169 0 0
CISCO SYS INC COM 17275R102 50,904 1,186,840 SH   DFND 1 50,904 0 0
CME GROUP INC COM 12572Q105 8,155 50,421 SH   DFND 1 8,155 0 0
CMS ENERGY CORP COM 125896100 1,812 40,000 SH   DFND 1 1,812 0 0
COEUR D ALENE MINES CORP IDA COM NEW 192108504 8,520 1,065,000 SH   DFND 1 8,520 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 55,473 689,100 SH   DFND 1 55,473 0 0
COMCAST CORP NEW CL A 20030N101 125,069 3,660,199 SH   DFND 1 125,069 0 0
CONCHO RES INC COM 20605P101 2,270 15,100 SH   DFND 1 2,270 0 0
CRESCENT PT ENERGY CORP COM 22576C101 2,546 290,687 SH   DFND 1 2,546 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 11,314 103,225 SH   DFND 1 11,314 0 0
CROWN HOLDINGS INC COM 228368106 70,565 1,390,451 SH   DFND 1 70,565 0 0
CSX CORP COM 126408103 5,508 98,867 SH   DFND 1 5,508 0 0
CVS HEALTH CORP COM 126650100 276,866 4,450,500 SH   DFND 1 276,866 0 0
DOWDUPONT INC COM 26078J100 10,446 163,962 SH   DFND 1 10,446 0 0
EDISON INTL COM 281020107 974 15,300 SH   DFND 1 974 0 0
ENBRIDGE INC COM 29250N105 158,144 3,902,855 SH   DFND 1 158,144 0 0
ENCANA CORP COM 292505104 4,935 348,250 SH   DFND 1 4,935 0 0
ENERPLUS CORP COM 292766102 3,300 227,750 SH   DFND 1 3,300 0 0
EOG RES INC COM 26875P101 2,737 26,000 SH   DFND 1 2,737 0 0
EQUINIX INC COM PAR $0.001 29444U700 27,493 65,750 SH   DFND 1 27,493 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 21,955 356,300 SH   DFND 1 21,955 0 0
EXELON CORP COM 30161N101 7,734 198,260 SH   DFND 1 7,734 0 0
EXTRA SPACE STORAGE INC COM 30225T102 8,736 100,000 SH   DFND 1 8,736 0 0
FACEBOOK INC CL A 30303M102 47,857 299,500 SH   DFND 1 47,857 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 14,897 128,305 SH   DFND 1 14,897 0 0
FEDEX CORP COM 31428X106 1,020 4,250 SH   DFND 1 1,020 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 27,783 300,000 SH   DFND 1 27,783 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 229 11,300 SH   DFND 1 229 0 0
FORTIS INC COM 349553107 10,205 234,655 SH   DFND 1 10,205 0 0
FRANCO NEVADA CORP COM 351858105 10,894 159,296 SH   DFND 1 10,894 0 0
FRANKLIN RES INC COM 354613101 1,207 34,800 SH   DFND 1 1,207 0 0
GENERAL DYNAMICS CORP COM 369550108 4,105 18,585 SH   DFND 1 4,105 0 0
GGP INC COM 36174X101 32,791 1,602,699 SH   DFND 1 32,791 0 0
GILDAN ACTIVEWEAR INC COM 375916103 72,597 1,951,000 SH   DFND 1 72,597 0 0
GILEAD SCIENCES INC COM 375558103 25,044 332,195 SH   DFND 1 25,044 0 0
GOLD STD VENTURES CORP COM 380738104 7,118 3,373,500 SH   DFND 1 7,118 0 0
GOLDEN STAR RES LTD CDA COM 38119T104 8,210 10,801,994 SH   DFND 1 8,210 0 0
HEALTHCARE RLTY TR COM 421946104 7,792 281,200 SH   DFND 1 7,792 0 0
HESS CORP COM 42809H107 785 15,500 SH   DFND 1 785 0 0
HUBSPOT INC COM 443573100 432 3,985 SH   DFND 1 432 0 0
JPMORGAN CHASE & CO COM 46625H100 147,160 1,338,180 SH   DFND 1 147,160 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 2,634 151,400 SH   DFND 1 2,634 0 0
KILROY RLTY CORP COM 49427F108 13,802 194,500 SH   DFND 1 13,802 0 0
KINDER MORGAN INC DEL COM 49456B101 9,411 624,897 SH   DFND 1 9,411 0 0
KIRKLAND LAKE GOLD LTD COM COM 49741E100 37,375 1,871,544 SH   DFND 1 37,375 0 0
KLA-TENCOR CORP COM 482480100 7,695 70,589 SH   DFND 1 7,695 0 0
KLONDEX MNS LTD COM 498696103 51,648 16,933,900 SH   DFND 1 51,648 0 0
KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 287 6,227 SH   DFND 1 287 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 124,936 772,400 SH   DFND 1 124,936 0 0
LIBERTY EXPEDIA HOLDINGS SER A COM 53046P109 48,287 1,229,300 SH   DFND 1 48,287 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 13,452 589,500 SH   DFND 1 13,452 0 0
LITHIUM AMERS CORP NEW COM NEW 53680Q207 1,745 250,000 SH   DFND 1 1,745 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 97,251 2,307,800 SH   DFND 1 97,251 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 9,761 264,318 SH   DFND 1 9,761 0 0
MAG SILVER CORP COM 55903Q104 316 25,000 SH   DFND 1 316 0 0
MAGNA INTL INC COM 559222401 185,366 2,554,300 SH   DFND 1 185,366 0 0
MARKEL CORP COM 570535104 24,341 20,800 SH   DFND 1 24,341 0 0
MASTERCARD INC CL A 57636Q104 124,549 711,060 SH   DFND 1 124,549 0 0
MAXAR TECHNOLOGIES LTD COM 57778L103 147,878 2,482,000 SH   DFND 1 147,878 0 0
MCKESSON CORP COM 58155Q103 73,440 521,330 SH   DFND 1 73,440 0 0
MICROSOFT CORP COM 594918104 92,564 1,014,183 SH   DFND 1 92,564 0 0
MITEL NETWORKS CORP COM 60671Q104 15,104 1,265,000 SH   DFND 1 15,104 0 0
MOUNTAIN PROV DIAMONDS INC COM NEW 62426E402 1,416 442,600 SH   DFND 1 1,416 0 0
NEVSUN RES LTD COM 64156L101 1,842 600,000 SH   DFND 1 1,842 0 0
NEWELL RUBBERMAID INC COM 651229106 5,685 223,126 SH   DFND 1 5,685 0 0
NEWMONT MINING CORP COM 651639106 2,919 74,715 SH   DFND 1 2,919 0 0
NEXTERA ENERGY INC COM 65339F101 14,187 86,861 SH   DFND 1 14,187 0 0
NICE SYS LTD SPONSORED ADR 653656108 1,141 12,150 SH   DFND 1 1,141 0 0
NOBLE ENERGY INC COM 655044105 1,801 59,450 SH   DFND 1 1,801 0 0
NUTRIEN LTD COM 67077M108 4,588 75,346 SH   DFND 1 4,588 0 0
COMMSCOPE HLDG CO INC COM 20337X109 839 21,000 SH   DFND 1 839 0 0
OMNICOM GROUP INC COM 681919106 65,091 895,700 SH   DFND 1 65,091 0 0
OPEN TEXT CORP COM 683715106 44,421 991,100 SH   DFND 1 44,421 0 0
ORACLE CORP COM 68389X105 149,608 3,270,125 SH   DFND 1 149,608 0 0
PARK HOTELS RESORTS INC COM 700517105 9,235 341,800 SH   DFND 1 9,235 0 0
PARKER HANNIFIN CORP COM 701094104 9,039 52,850 SH   DFND 1 9,039 0 0
PARSLEY ENERGY INC CL A 701877102 2,677 92,350 SH   DFND 1 2,677 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 3,585 207,345 SH   DFND 1 3,585 0 0
PEMBINA PIPELINE CORP COM 706327103 110,671 2,753,005 SH   DFND 1 110,671 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103 32,643 736,361 SH   DFND 1 32,643 0 0
PFIZER INC COM 717081103 53,414 1,505,050 SH   DFND 1 53,414 0 0
PG&E CORP COM 69331C108 857 19,500 SH   DFND 1 857 0 0
PHILIP MORRIS INTL INC COM 718172109 6,354 63,921 SH   DFND 1 6,354 0 0
PRAXAIR INC COM 74005P104 6,566 45,504 SH   DFND 1 6,566 0 0
PROLOGIS INC COM 74340W103 19,640 311,790 SH   DFND 1 19,640 0 0
PROPETRO HLDG CORP COM 74347M108 1,935 121,800 SH   DFND 1 1,935 0 0
PUBLIC STORAGE COM 74460D109 991 4,943 SH   DFND 1 991 0 0
REGENCY CTRS CORP COM 758849103 926 15,700 SH   DFND 1 926 0 0
REPUBLIC SVCS INC COM 760759100 155,523 2,348,223 SH   DFND 1 155,523 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 35,662 358,338 SH   DFND 1 35,662 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 2,871 45,000 SH   DFND 1 2,871 0 0
RSP PERMIAN INC COM 74978Q105 1,906 40,650 SH   DFND 1 1,906 0 0
S&P GLOBAL INC COM 78409V104 10,132 53,030 SH   DFND 1 10,132 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 19,942 3,247,838 SH   DFND 1 19,942 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 12,298 71,950 SH   DFND 1 12,298 0 0
SCHEIN HENRY INC COM 806407102 250 3,720 SH   DFND 1 250 0 0
SCHLUMBERGER LTD COM 806857108 14,226 219,600 SH   DFND 1 14,226 0 0
SCHOLASTIC CORP COM 807066105 4,214 108,500 SH   DFND 1 4,214 0 0
SEMPRA ENERGY COM 816851109 12,686 114,065 SH   DFND 1 12,686 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 477 3,362 SH   DFND 1 477 0 0
SIMON PPTY GROUP INC NEW COM 828806109 30,794 199,510 SH   DFND 1 30,794 0 0
SL GREEN RLTY CORP COM 78440X101 15,202 157,000 SH   DFND 1 15,202 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 2,630 53,500 SH   DFND 1 2,630 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,111 8,829 SH   DFND 1 1,111 0 0
SPDR S&P 500 ETF TR OPTIONS 78462F953 28,973 110,000 SH Put DFND 1 28,973 0 0
SSR MNG INC COM 784730103 11,322 912,308 SH   DFND 1 11,322 0 0
STANLEY BLACK & DECKER INC COM 854502101 24,267 158,400 SH   DFND 1 24,267 0 0
STANTEC INC COM 85472N109 39,137 1,231,100 SH   DFND 1 39,137 0 0
STERICYCLE INC DEP PFD A 1/10 DEP PFD A 1/10 858912207 629 13,900 SH   DFND 1 629 0 0
STORE CAP CORP COM 862121100 9,014 363,192 SH   DFND 1 9,014 0 0
SUN CMNTYS INC COM 866674104 228 2,500 SH   DFND 1 228 0 0
SUN LIFE FINL INC COM 866796105 28,101 531,100 SH   DFND 1 28,101 0 0
SUNCOR ENERGY INC NEW COM 867224107 25,921 582,630 SH   DFND 1 25,921 0 0
SYMANTEC CORP COM 871503108 11,858 458,711 SH   DFND 1 11,858 0 0
TAHOE RES INC COM 873868103 11,798 1,950,062 SH   DFND 1 11,798 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 233 1,245 SH   DFND 1 233 0 0
TELUS CORP COM 87971M103 141,872 3,135,980 SH   DFND 1 141,872 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 224 2,490 SH   DFND 1 224 0 0
MIDDLEBY CORP COM 596278101 1,079 8,718 SH   DFND 1 1,079 0 0
THOMSON REUTERS CORP COM 884903105 9,843 197,700 SH   DFND 1 9,843 0 0
TJX COS INC NEW COM 872540109 54,520 668,460 SH   DFND 1 54,520 0 0
TORCHMARK CORP COM 891027104 26,421 313,900 SH   DFND 1 26,421 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 39,328 537,935 SH   DFND 1 39,328 0 0
TRANSALTA CORP COM 89346D107 679 97,300 SH   DFND 1 679 0 0
TRANSCANADA CORP COM 89353D107 3,112 58,400 SH   DFND 1 3,112 0 0
UNION PAC CORP COM 907818108 14,497 107,843 SH   DFND 1 14,497 0 0
UNITED PARCEL SERVICE INC CL B 911312106 65,025 621,293 SH   DFND 1 65,025 0 0
UNITEDHEALTH GROUP INC COM 91324P102 117,693 549,967 SH   DFND 1 117,693 0 0
US BANCORP DEL COM NEW 902973304 42,804 847,600 SH   DFND 1 42,804 0 0
US FOODS HLDG CORP COM 912008109 244 7,435 SH   DFND 1 244 0 0
VAIL RESORTS INC COM 91879Q109 399 1,800 SH   DFND 1 399 0 0
VEEVA SYS INC CL A COM 922475108 218 2,989 SH   DFND 1 218 0 0
VENTAS INC COM 92276F100 9,227 186,300 SH   DFND 1 9,227 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,500 240,485 SH   DFND 1 11,500 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 8,992 353,890 SH   DFND 1 8,992 0 0
VISA INC COM CL A 92826C839 146,847 1,227,614 SH   DFND 1 146,847 0 0
VORNADO RLTY TR SH BEN INT 929042109 249 3,700 SH   DFND 1 249 0 0
WABCO HLDGS INC COM 92927K102 8,902 66,500 SH   DFND 1 8,902 0 0
WABTEC CORP COM 929740108 2,849 35,000 SH   DFND 1 2,849 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 14,474 221,078 SH   DFND 1 14,474 0 0
WASTE CONNECTIONS INC COM 94106B101 194,900 2,108,399 SH   DFND 1 194,900 0 0
WEC ENERGY GROUP INC COM 92939U106 984 15,700 SH   DFND 1 984 0 0
WELLS FARGO & CO NEW COM 949746101 94,815 1,809,095 SH   DFND 1 94,815 0 0
WGL HLDGS INC COM 92924F106 26,811 320,510 SH   DFND 1 26,811 0 0
WILLIAMS COS INC DEL COM 969457100 15,069 606,144 SH   DFND 1 15,069 0 0
ZIMMER HLDGS INC COM 98956P102 12,921 118,500 SH   DFND 1 12,921 0 0