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
3M CO COM 88579Y101 1,106 4,700 SH   SOLE NONE 4,700 0 0
ABBOTT LABS COM 002824100 200 3,500 SH   SOLE NONE 3,500 0 0
ALPHABET INC CAP STK CL A 02079K305 10,818 10,270 SH   SOLE NONE 10,270 0 0
ALPHABET INC CAP STK CL C 02079K107 18,770 17,938 SH   SOLE NONE 17,938 0 0
APPLE INC COM 037833100 32,542 192,296 SH   SOLE NONE 192,296 0 0
AT&T INC COM 00206R102 661 17,000 SH   SOLE NONE 17,000 0 0
BANK AMER CORP COM 060505104 765 25,900 SH   SOLE NONE 25,900 0 0
BANK N S HALIFAX COM 064149107 36,654 565,609 SH   SOLE NONE 565,609 0 0
BCE INC COM NEW 05534B760 3,502 72,591 SH   SOLE NONE 72,591 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,498 34,271 SH   SOLE NONE 34,271 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 30,255 671,724 SH   SOLE NONE 671,724 0 0
CAE INC COM 124765108 17,659 946,659 SH   SOLE NONE 946,659 0 0
CDN IMPERIAL BK M TORONTO COM 136069101 3,298 33,687 SH   SOLE NONE 33,687 0 0
CANADIAN NATL RY CO COM 136375102 429 5,185 SH   SOLE NONE 5,185 0 0
CANADIAN NAT RES LTD COM 136385101 932 25,975 SH   SOLE NONE 25,975 0 0
CARMAX INC COM 143130102 20,557 320,550 SH   SOLE NONE 320,550 0 0
CENOVUS ENERGY INC COM 15135U109 11,098 1,210,050 SH   SOLE NONE 1,210,050 0 0
CHEVRON CORP NEW COM 166764100 1,289 10,300 SH   SOLE NONE 10,300 0 0
CISCO SYS INC COM 17275R102 23,087 602,800 SH   SOLE NONE 602,800 0 0
CITIGROUP INC COM NEW 172967424 28,086 377,450 SH   SOLE NONE 377,450 0 0
COSTCO WHSL CORP NEW COM 22160K105 372 2,000 SH   SOLE NONE 2,000 0 0
CROWN HOLDINGS INC COM 228368106 259 4,600 SH   SOLE NONE 4,600 0 0
DANAHER CORP DEL COM 235851102 2,243 24,170 SH   SOLE NONE 24,170 0 0
DOLLAR GEN CORP NEW COM 256677105 21,805 234,440 SH   SOLE NONE 234,440 0 0
EDISON INTL COM 281020107 639 10,100 SH   SOLE NONE 10,100 0 0
ENBRIDGE INC COM 29250N105 11,717 298,338 SH   SOLE NONE 298,338 0 0
ENCANA CORP COM 292505104 9,987 745,469 SH   SOLE NONE 745,469 0 0
EXXON MOBIL CORP COM 30231G102 806 9,632 SH   SOLE NONE 9,632 0 0
FIRSTSERVICE CORP NEW SUB VTG SH 33767E103 1,594 22,700 SH   SOLE NONE 22,700 0 0
FORTIS INC COM 349553107 1,124 30,500 SH   SOLE NONE 30,500 0 0
FORTIVE CORP COM 34959J108 895 12,375 SH   SOLE NONE 12,375 0 0
GENERAL ELECTRIC CO COM 369604103 13,342 764,569 SH   SOLE NONE 764,569 0 0
GILEAD SCIENCES INC COM 375558103 18,529 258,641 SH   SOLE NONE 258,641 0 0
HORMEL FOODS CORP COM 440452100 291 8,000 SH   SOLE NONE 8,000 0 0
HP INC COM 40434L105 10,971 522,200 SH   SOLE NONE 522,200 0 0
ISHARES TR MSCI EAFE ETF MSCI EAFE ETF 464287465 1,434 20,400 SH   SOLE NONE 20,400 0 0
JOHNSON & JOHNSON COM 478160104 1,401 10,026 SH   SOLE NONE 10,026 0 0
JPMORGAN CHASE & CO COM 46625H100 34,956 326,875 SH   SOLE NONE 326,875 0 0
KIMBERLY CLARK CORP COM 494368103 639 5,300 SH   SOLE NONE 5,300 0 0
M & T BK CORP COM 55261F104 598 3,500 SH   SOLE NONE 3,500 0 0
MAGNA INTL INC COM 559222401 1,644 28,905 SH   SOLE NONE 28,905 0 0
MARKEL CORP COM 570535104 228 200 SH   SOLE NONE 200 0 0
MICROSOFT CORP COM 594918104 35,828 418,840 SH   SOLE NONE 418,840 0 0
NORDSTROM INC COM 655664100 332 7,000 SH   SOLE NONE 7,000 0 0
OPEN TEXT CORP COM 683715106 3,344 93,690 SH   SOLE NONE 93,690 0 0
PEMBINA PIPELINE CORP COM 706327103 1,886 51,861 SH   SOLE NONE 51,861 0 0
PEPSICO INC COM 713448108 791 6,600 SH   SOLE NONE 6,600 0 0
PFIZER INC COM 717081103 23,489 648,520 SH   SOLE NONE 648,520 0 0
PIONEER NAT RES CO COM 723787107 225 1,300 SH   SOLE NONE 1,300 0 0
PPL CORP COM 69351T106 387 12,500 SH   SOLE NONE 12,500 0 0
PRA GROUP INC COM 69354N106 15,518 467,423 SH   SOLE NONE 467,423 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 2,333 37,800 SH   SOLE NONE 37,800 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 814 15,915 SH   SOLE NONE 15,915 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 39,020 475,829 SH   SOLE NONE 475,829 0 0
STARBUCKS CORP COM 855244109 1,378 24,000 SH   SOLE NONE 24,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 16,659 451,840 SH   SOLE NONE 451,840 0 0
SYSCO CORP COM 871829107 650 10,700 SH   SOLE NONE 10,700 0 0
PRICE T ROWE GROUP INC COM 74144T108 1,695 16,150 SH   SOLE NONE 16,150 0 0
TECK RESOURCES LTD CL B 878742204 276 10,500 SH   SOLE NONE 10,500 0 0
TELUS CORP COM 87971M103 23,095 607,073 SH   SOLE NONE 607,073 0 0
THOMSON REUTERS CORP COM 884903105 20,056 458,208 SH   SOLE NONE 458,208 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 43,884 745,855 SH   SOLE NONE 745,855 0 0
TRANSCANADA CORP COM 89353D107 19,202 392,879 SH   SOLE NONE 392,879 0 0
TURQUOISE HILL RES LTD COM 900435108 103 30,000 SH   SOLE NONE 30,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 888 7,450 SH   SOLE NONE 7,450 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 772 37,055 SH   SOLE NONE 37,055 0 0
WAL-MART STORES INC COM 931142103 21,140 214,077 SH   SOLE NONE 214,077 0 0
WELLS FARGO CO NEW COM 949746101 1,814 29,900 SH   SOLE NONE 29,900 0 0
WESTERN DIGITAL CORP COM 958102105 20,710 260,400 SH   SOLE NONE 260,400 0 0