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
ABBOTT LABS COM 002824100 213 3,500 SH   SOLE NONE 3,500 0 0
ALPHABET INC CAP STK CL A 02079K305 5,521 4,889 SH   SOLE NONE 4,889 0 0
ALPHABET INC CAP STK CL C 02079K107 16,210 14,530 SH   SOLE NONE 14,530 0 0
APPLE INC COM 037833100 27,319 147,580 SH   SOLE NONE 147,580 0 0
AT&T INC COM 00206R102 546 17,000 SH   SOLE NONE 17,000 0 0
BANK AMER CORP COM 060505104 730 25,900 SH   SOLE NONE 25,900 0 0
BANK N S HALIFAX COM 064149107 31,925 563,713 SH   SOLE NONE 563,713 0 0
BCE INC COM NEW 05534B760 2,860 70,602 SH   SOLE NONE 70,602 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,297 31,971 SH   SOLE NONE 31,971 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 26,726 696,449 SH   SOLE NONE 696,449 0 0
CAE INC COM 124765108 19,474 937,259 SH   SOLE NONE 937,259 0 0
CDN IMPERIAL BK M TORONTO COM 136069101 2,951 33,915 SH   SOLE NONE 33,915 0 0
CANADIAN NATL RY CO COM 136375102 424 5,185 SH   SOLE NONE 5,185 0 0
CANADIAN NAT RES LTD COM 136385101 920 25,475 SH   SOLE NONE 25,475 0 0
CARMAX INC COM 143130102 23,506 322,581 SH   SOLE NONE 322,581 0 0
CENOVUS ENERGY INC COM 15135U109 14,716 1,417,050 SH   SOLE NONE 1,417,050 0 0
CHEVRON CORP NEW COM 166764100 1,353 10,700 SH   SOLE NONE 10,700 0 0
CISCO SYS INC COM 17275R102 20,990 487,790 SH   SOLE NONE 487,790 0 0
CITIGROUP INC COM NEW 172967424 25,405 379,635 SH   SOLE NONE 379,635 0 0
COSTCO WHSL CORP NEW COM 22160K105 418 2,000 SH   SOLE NONE 2,000 0 0
CROWN HOLDINGS INC COM 228368106 206 4,600 SH   SOLE NONE 4,600 0 0
DANAHER CORP DEL COM 235851102 2,385 24,170 SH   SOLE NONE 24,170 0 0
DOLLAR GEN CORP NEW COM 256677105 23,340 236,712 SH   SOLE NONE 236,712 0 0
EDISON INTL COM 281020107 677 10,700 SH   SOLE NONE 10,700 0 0
ENBRIDGE INC COM 29250N105 14,059 393,188 SH   SOLE NONE 393,188 0 0
ENCANA CORP COM 292505104 13,123 1,004,594 SH   SOLE NONE 1,004,594 0 0
EXELON CORP COM 30161N101 204 4,800 SH   SOLE NONE 4,800 0 0
EXXON MOBIL CORP COM 30231G102 772 9,332 SH   SOLE NONE 9,332 0 0
FIRSTSERVICE CORP NEW SUB VTG SH 33767E103 1,727 22,700 SH   SOLE NONE 22,700 0 0
FORTIS INC COM 349553107 900 28,150 SH   SOLE NONE 28,150 0 0
FORTIVE CORP COM 34959J108 954 12,375 SH   SOLE NONE 12,375 0 0
GENERAL ELECTRIC CO COM 369604103 10,409 764,769 SH   SOLE NONE 764,769 0 0
GENERAL MTRS CO COM 37045V100 15,563 395,000 SH   SOLE NONE 395,000 0 0
GILEAD SCIENCES INC COM 375558103 18,517 261,391 SH   SOLE NONE 261,391 0 0
HORMEL FOODS CORP COM 440452100 298 8,000 SH   SOLE NONE 8,000 0 0
HP INC COM 40434L105 11,299 497,966 SH   SOLE NONE 497,966 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,400 20,900 SH   SOLE NONE 20,900 0 0
JOHNSON & JOHNSON COM 478160104 1,301 10,726 SH   SOLE NONE 10,726 0 0
JPMORGAN CHASE & CO COM 46625H100 33,280 319,387 SH   SOLE NONE 319,387 0 0
KIMBERLY CLARK CORP COM 494368103 558 5,300 SH   SOLE NONE 5,300 0 0
M & T BK CORP COM 55261F104 596 3,500 SH   SOLE NONE 3,500 0 0
MAGNA INTL INC COM 559222401 17,975 309,005 SH   SOLE NONE 309,005 0 0
MARKEL CORP COM 570535104 217 200 SH   SOLE NONE 200 0 0
MICROSOFT CORP COM 594918104 29,221 296,328 SH   SOLE NONE 296,328 0 0
NORDSTROM INC COM 655664100 362 7,000 SH   SOLE NONE 7,000 0 0
OPEN TEXT CORP COM 683715106 3,236 91,940 SH   SOLE NONE 91,940 0 0
PEMBINA PIPELINE CORP COM 706327103 1,796 51,861 SH   SOLE NONE 51,861 0 0
PEPSICO INC COM 713448108 719 6,600 SH   SOLE NONE 6,600 0 0
PFIZER INC COM 717081103 25,117 692,320 SH   SOLE NONE 692,320 0 0
PPL CORP COM 69351T106 365 12,800 SH   SOLE NONE 12,800 0 0
PRA GROUP INC COM 69354N106 18,014 467,293 SH   SOLE NONE 467,293 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 2,280 37,800 SH   SOLE NONE 37,800 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 730 15,365 SH   SOLE NONE 15,365 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 35,644 473,292 SH   SOLE NONE 473,292 0 0
STARBUCKS CORP COM 855244109 1,172 24,000 SH   SOLE NONE 24,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 18,663 458,514 SH   SOLE NONE 458,514 0 0
SYSCO CORP COM 871829107 731 10,700 SH   SOLE NONE 10,700 0 0
PRICE T ROWE GROUP INC COM 74144T108 1,875 16,150 SH   SOLE NONE 16,150 0 0
TECK RESOURCES LTD CL B 878742204 267 10,500 SH   SOLE NONE 10,500 0 0
TELUS CORP COM 87971M103 22,502 633,323 SH   SOLE NONE 633,323 0 0
THOMSON REUTERS CORP COM 884903105 18,370 455,150 SH   SOLE NONE 455,150 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 43,048 743,631 SH   SOLE NONE 743,631 0 0
TRANSCANADA CORP COM 89353D107 17,581 406,265 SH   SOLE NONE 406,265 0 0
TURQUOISE HILL RES LTD COM 900435108 85 30,000 SH   SOLE NONE 30,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 791 7,450 SH   SOLE NONE 7,450 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 781 33,600 SH   SOLE NONE 33,600 0 0
WALMART INC COM 931142103 18,490 215,879 SH   SOLE NONE 215,879 0 0
WELLS FARGO CO NEW COM 949746101 1,658 29,900 SH   SOLE NONE 29,900 0 0
WESTERN DIGITAL CORP COM 958102105 17,808 230,046 SH   SOLE NONE 230,046 0 0