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
ABBVIE INC COM 00287Y109 1,713 27,162 SH   SOLE   27,162 0 0
ADVANTAGE OIL & GAS LTD COM 00765F101 41,252 5,892,951 SH   SOLE   5,892,951 0 0
AGNICO EAGLE MINES LTD COM 008474108 5,103 94,532 SH   SOLE   94,532 0 0
AGRIUM INC COM 008916108 112,235 1,241,104 SH   SOLE   1,241,104 0 0
ALPHABET INC CAP STK CL A 02079K305 22,347 27,868 SH   SOLE   27,868 0 0
AMAZON COM INC COM 023135106 9,004 10,754 SH   SOLE   10,754 0 0
APPLE INC COM 037833100 208 1,840 SH   SOLE   1,840 0 0
BANK AMER CORP COM 060505104 194 12,410 SH   SOLE   12,410 0 0
BANK N S HALIFAX COM 064149107 95,243 1,800,542 SH   SOLE   1,800,542 0 0
BANK NEW YORK MELLON CORP COM 064058100 15,345 385,858 SH   SOLE   385,858 0 0
BARRICK GOLD CORP COM 067901108 5,669 320,727 SH   SOLE   320,727 0 0
BIOGEN INC COM 09062X103 11,529 36,921 SH   SOLE   36,921 0 0
CA INC COM 12673P105 263 7,946 SH   SOLE   7,946 0 0
CANADIAN NATL RY CO COM 136375102 11,759 180,199 SH   SOLE   180,199 0 0
CANADIAN PAC RY LTD COM 13645T100 33,612 220,664 SH   SOLE   220,664 0 0
CIPHER PHARMACEUTICALS INC COM 17253X105 8,661 2,267,387 SH   SOLE   2,267,387 0 0
COLONY CAP INC CL A 19624R106 927 50,862 SH   SOLE   50,862 0 0
CONCORDIA INTL CORP COM 20653P102 99 22,260 SH   SOLE   22,260 0 0
COSTCO WHSL CORP NEW COM 22160K105 10,198 66,971 SH   SOLE   66,971 0 0
DANAHER CORP DEL COM 235851102 4,055 51,856 SH   SOLE   51,856 0 0
DESCARTES SYS GROUP INC COM 249906108 22,322 1,039,224 SH   SOLE   1,039,224 0 0
ENCANA CORP COM 292505104 4,637 444,530 SH   SOLE   444,530 0 0
EOG RES INC COM 26875P101 7,090 73,566 SH   SOLE   73,566 0 0
EXXON MOBIL CORP COM 30231G102 11,906 136,710 SH   SOLE   136,710 0 0
FIRSTSERVICE CORP NEW SUB VTG SH 33767E103 25,500 549,220 SH   SOLE   549,220 0 0
FORTIVE CORP COM 34959J108 3,913 76,869 SH   SOLE   76,869 0 0
FORTUNA SILVER MINES INC COM 349915108 60,096 8,304,999 SH   SOLE   8,304,999 0 0
GILDAN ACTIVEWEAR INC COM 375916103 9,495 340,581 SH   SOLE   340,581 0 0
GOLDCORP INC NEW COM 380956409 4,008 243,291 SH   SOLE   243,291 0 0
GRACO INC COM 384109104 2,461 33,252 SH   SOLE   33,252 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 23,477 493,744 SH   SOLE   493,744 0 0
IMPERIAL OIL LTD COM NEW 453038408 39,879 1,277,057 SH   SOLE   1,277,057 0 0
INTEL CORP COM 458140100 206 5,460 SH   SOLE   5,460 0 0
JOHNSON & JOHNSON COM 478160104 5,849 49,514 SH   SOLE   49,514 0 0
KINROSS GOLD CORP COM NO PAR 496902404 2,401 570,628 SH   SOLE   570,628 0 0
KLONDEX MNS LTD COM 498696103 15,258 2,659,549 SH   SOLE   2,659,549 0 0
LAUDER ESTEE COS INC CL A 518439104 11,604 131,336 SH   SOLE   131,336 0 0
MACYS INC COM 55616P104 920 24,831 SH   SOLE   24,831 0 0
MAGNA INTL INC COM 559222401 38,272 893,091 SH   SOLE   893,091 0 0
MASTERCARD INCORPORATED CL A 57636Q104 14,538 142,856 SH   SOLE   142,856 0 0
MICROSOFT CORP COM 594918104 5,480 95,144 SH   SOLE   95,144 0 0
NIKE INC CL B 654106103 10,255 195,363 SH   SOLE   195,363 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 67,796 6,204,799 SH   SOLE   6,204,799 0 0
PAN AMERICAN SILVER CORP COM 697900108 5,918 336,691 SH   SOLE   336,691 0 0
PAYCHEX INC COM 704326107 273 4,709 SH   SOLE   4,709 0 0
PEMBINA PIPELINE CORP COM 706327103 45,706 1,502,494 SH   SOLE   1,502,494 0 0
PEPSICO INC COM 713448108 5,583 51,325 SH   SOLE   51,325 0 0
PFIZER INC COM 717081103 928 27,385 SH   SOLE   27,385 0 0
POINTS INTL LTD COM NEW 730843208 5,098 569,736 SH   SOLE   569,736 0 0
PRAXAIR INC COM 74005P104 12,154 100,885 SH   SOLE   100,885 0 0
PROCTER AND GAMBLE CO COM 742718109 277 3,086 SH   SOLE   3,086 0 0
QUALCOMM INC COM 747525103 770 11,234 SH   SOLE   11,234 0 0
RAYTHEON CO COM NEW 755111507 384 2,820 SH   SOLE   2,820 0 0
RED HAT INC COM 756577102 17,367 215,454 SH   SOLE   215,454 0 0
RICHMONT MINES INC COM 76547T106 10,496 1,043,469 SH   SOLE   1,043,469 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 190,719 3,084,580 SH   SOLE   3,084,580 0 0
S&P GLOBAL INC COM 78409V104 18,724 148,310 SH   SOLE   148,310 0 0
SCHEIN HENRY INC COM 806407102 3,689 22,633 SH   SOLE   22,633 0 0
SCHLUMBERGER LTD COM 806857108 8,959 114,256 SH   SOLE   114,256 0 0
SILVER WHEATON CORP COM 828336107 6,927 256,885 SH   SOLE   256,885 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 9,464 124,599 SH   SOLE   124,599 0 0
STANTEC INC COM 85472N109 15,517 661,457 SH   SOLE   661,457 0 0
TAHOE RES INC COM 873868103 319 24,919 SH   SOLE   24,919 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 11,514 327,747 SH   SOLE   327,747 0 0
TECK RESOURCES LTD CL B 878742204 7,205 400,376 SH   SOLE   400,376 0 0
TELUS CORP COM 87971M103 98,696 2,996,330 SH   SOLE   2,996,330 0 0
THOMSON REUTERS CORP COM 884903105 108,948 2,639,350 SH   SOLE   2,639,350 0 0
TJX COS INC NEW COM 872540109 14,790 198,358 SH   SOLE   198,358 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 178,486 4,027,744 SH   SOLE   4,027,744 0 0
TRANSGLOBE ENERGY CORP COM 893662106 11,847 5,988,195 SH   SOLE   5,988,195 0 0
UNION PAC CORP COM 907818108 12,155 124,884 SH   SOLE   124,884 0 0
VARIAN MED SYS INC COM 92220P105 8,865 89,296 SH   SOLE   89,296 0 0
VCA INC COM 918194101 16,850 237,839 SH   SOLE   237,839 0 0
WELLS FARGO & CO NEW COM 949746101 9,249 208,873 SH   SOLE   208,873 0 0
YAMANA GOLD INC COM 98462Y100 1,262 293,534 SH   SOLE   293,534 0 0
YUM BRANDS INC COM 988498101 5,248 57,792 SH   SOLE   57,792 0 0