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 1,145 12,092 SH   SOLE   12,092 0 0
ADVANTAGE OIL & GAS LTD COM 00765F101 6,374 2,156,901 SH   SOLE   2,156,901 0 0
ALGONQUIN PWR UTILS CORP COM 015857105 79,699 8,046,321 SH   SOLE   8,046,321 0 0
ALPHABET INC CAP STK CL A 02079K305 21,947 21,200 SH   SOLE   21,200 0 0
AMAZON COM INC COM 023135106 15,421 10,671 SH   SOLE   10,671 0 0
APPLE INC COM 037833100 7,916 47,178 SH   SOLE   47,178 0 0
BANK N S HALIFAX COM 064149107 103,683 1,684,388 SH   SOLE   1,684,388 0 0
BANK NEW YORK MELLON CORP COM 064058100 22,118 430,120 SH   SOLE   430,120 0 0
BIOGEN INC COM 09062X103 13,049 47,758 SH   SOLE   47,758 0 0
BLACKBERRY LTD COM 09228F103 3,649 317,696 SH   SOLE   317,696 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 18,196 438,250 SH   SOLE   438,250 0 0
BROOKFIELD RENEWABLE PARTNER PARTNERSHIP UNIT G16258108 37,452 1,205,301 SH   SOLE   1,205,301 0 0
CANADIAN NATL RY CO COM 136375102 6,724 92,061 SH   SOLE   92,061 0 0
CANADIAN PAC RY LTD COM 13645T100 1,535 8,713 SH   SOLE   8,713 0 0
CULLEN FROST BANKERS INC COM 229899109 12,565 118,456 SH   SOLE   118,456 0 0
DANAHER CORP DEL COM 235851102 20,816 213,035 SH   SOLE   213,035 0 0
DESCARTES SYS GROUP INC COM 249906108 25,756 901,854 SH   SOLE   901,854 0 0
EOG RES INC COM 26875P101 14,939 142,301 SH   SOLE   142,301 0 0
EXXON MOBIL CORP COM 30231G102 11,223 150,784 SH   SOLE   150,784 0 0
FACEBOOK INC CL A 30303M102 16,223 101,731 SH   SOLE   101,731 0 0
FIRSTSERVICE CORP NEW SUB VTG SH 33767E103 40,654 555,160 SH   SOLE   555,160 0 0
FORTIS INC COM 349553107 59,697 1,769,697 SH   SOLE   1,769,697 0 0
FORTUNA SILVER MINES INC COM 349915108 25,150 4,825,020 SH   SOLE   4,825,020 0 0
GRACO INC COM 384109104 3,618 79,124 SH   SOLE   79,124 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 11,112 192,812 SH   SOLE   192,812 0 0
JOHNSON & JOHNSON COM 478160104 8,553 66,739 SH   SOLE   66,739 0 0
LAUDER ESTEE COS INC CL A 518439104 8,956 59,908 SH   SOLE   59,908 0 0
MAGNA INTL INC COM 559222401 943 16,754 SH   SOLE   16,754 0 0
MASTERCARD INCORPORATED CL A 57636Q104 20,831 119,087 SH   SOLE   119,087 0 0
METHANEX CORP COM 59151K108 1,025 16,931 SH   SOLE   16,931 0 0
MICROSOFT CORP COM 594918104 12,395 135,804 SH   SOLE   135,804 0 0
NUTRIEN LTD COM 67077M108 73,692 1,560,310 SH   SOLE   1,560,310 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 1,302 134,941 SH   SOLE   134,941 0 0
PAYCHEX INC COM 704326107 747 12,128 SH   SOLE   12,128 0 0
PEMBINA PIPELINE CORP COM 706327103 22,447 719,885 SH   SOLE   719,885 0 0
PEPSICO INC COM 713448108 8,703 79,733 SH   SOLE   79,733 0 0
PFIZER INC COM 717081103 1,861 52,442 SH   SOLE   52,442 0 0
PRAXAIR INC COM 74005P104 10,269 71,268 SH   SOLE   71,268 0 0
PROCTER AND GAMBLE CO COM 742718109 1,102 13,902 SH   SOLE   13,902 0 0
QUALCOMM INC COM 747525103 1,180 21,289 SH   SOLE   21,289 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 143,824 1,863,195 SH   SOLE   1,863,195 0 0
S&P GLOBAL INC COM 78409V104 15,093 79,214 SH   SOLE   79,214 0 0
SCHEIN HENRY INC COM 806407102 3,567 53,072 SH   SOLE   53,072 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 1,788 92,894 SH   SOLE   92,894 0 0
SHOPIFY INC CL A 82509L107 8,008 64,401 SH   SOLE   64,401 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 9,660 96,538 SH   SOLE   96,538 0 0
STARBUCKS CORP COM 855244109 6,094 105,275 SH   SOLE   105,275 0 0
SUN LIFE FINL INC COM 866796105 93,964 2,289,600 SH   SOLE   2,289,600 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 15,582 263,702 SH   SOLE   263,702 0 0
TECK RESOURCES LTD CL B 878742204 4,303 167,189 SH   SOLE   167,189 0 0
TELUS CORP COM 87971M103 77,001 2,194,383 SH   SOLE   2,194,383 0 0
THOMSON REUTERS CORP COM 884903105 9,347 242,022 SH   SOLE   242,022 0 0
TJX COS INC NEW COM 872540109 19,464 239,150 SH   SOLE   239,150 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 140,818 2,483,237 SH   SOLE   2,483,237 0 0
TRACTOR SUPPLY CO COM 892356106 9,378 149,065 SH   SOLE   149,065 0 0
TRANSCANADA CORP COM 89353D107 32,932 796,866 SH   SOLE   796,866 0 0
TYSON FOODS INC CL A 902494103 11,349 155,416 SH   SOLE   155,416 0 0
UNION PAC CORP COM 907818108 15,614 116,441 SH   SOLE   116,441 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 3,745 235,437 SH   SOLE   235,437 0 0
VARIAN MED SYS INC COM 92220P105 7,405 60,522 SH   SOLE   60,522 0 0