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
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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
Alere Inc. PERP PFD CONV SE 01449J204 22,026 76,024 SH   SOLE   76,024 0 0
Alere Inc. COM 01449J105 270,167 7,865,111 SH   SOLE   7,865,111 0 0
Altera Corp. COM 021441100 160,821 4,437,675 SH   SOLE   4,437,675 0 0
American International Group Inc. COM NEW 026874784 199,633 3,991,857 SH   SOLE   3,991,857 0 0
AMN HEALTHCARE SERVICES INC COM 001744101 88,731 6,457,886 SH   SOLE   6,457,886 0 0
BANK N S HALIFAX COM 064149107 51,139 882,600 SH   SOLE   882,600 0 0
CARLISLE COS INC COM 142339100 51,168 644,921 SH   SOLE   644,921 0 0
Carpenter Technology Corp. COM 144285103 164,024 2,483,704 SH   SOLE   2,483,704 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 14,179 164,500 SH   SOLE   164,500 0 0
Cenovus Energy Inc. COM 15135U109 41,905 1,448,529 SH   SOLE   1,448,529 0 0
Delphi Automotive PLC SHS G27823106 72,217 1,064,202 SH   SOLE   1,064,202 0 0
DIGI INTL INC COM 253798102 27,303 2,689,963 SH   SOLE   2,689,963 0 0
Dresser-Rand Group Inc. COM 261608103 148,910 2,549,396 SH   SOLE   2,549,396 0 0
EPAM SYS INC COM 29414B104 269 8,167 SH   SOLE   8,167 0 0
EXFO Inc. SUB VTG SHS 302046107 19,636 3,967,100 SH   SOLE   3,967,100 0 0
FirstService Corp. SUB VTG SH 33761N109 13,940 293,430 SH   SOLE   293,430 0 0
Franco-Nevada Corp. COM 351858105 10,573 230,000 SH   SOLE   230,000 0 0
Gran Tierra Energy Inc. COM 38500T101 11,171 1,487,400 SH   SOLE   1,487,400 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 57,112 1,552,243 SH   SOLE   1,552,243 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 4,179 135,300 SH   SOLE   135,300 0 0
IMRIS Inc. COM 45322N105 4,851 3,063,300 SH   SOLE   3,063,300 0 0
International Rectifier Corp. COM 460254105 89,853 3,279,317 SH   SOLE   3,279,317 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 99,885 1,572,990 SH   SOLE   1,572,990 0 0
JPMORGAN CHASE & CO COM 46625H100 217,377 3,580,577 SH   SOLE   3,580,577 0 0
Knoll Inc. COM NEW 498904200 73,118 4,019,674 SH   SOLE   4,019,674 0 0
Markel Corp. COM 570535104 122,646 205,747 SH   SOLE   205,747 0 0
MERIT MED SYS INC COM 589889104 79,973 5,592,495 SH   SOLE   5,592,495 0 0
Microsoft Corp. COM 594918104 235,887 5,754,746 SH   SOLE   5,754,746 0 0
NATIONAL INSTRS CORP COM 636518102 69,422 2,419,711 SH   SOLE   2,419,711 0 0
PTC Inc. COM 69370C100 123,199 3,477,240 SH   SOLE   3,477,240 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 201,775 3,430,956 SH   SOLE   3,430,956 0 0
Sandstorm Gold Ltd. COM NEW 80013R206 2,185 389,500 SH   SOLE   389,500 0 0
SERVICE CORP INTL COM 817565104 186,388 9,375,662 SH   SOLE   9,375,662 0 0
TE CONNECTIVITY LTD REG SHS H84989104 248,432 4,126,088 SH   SOLE   4,126,088 0 0
Team Inc. COM 878155100 63,218 1,474,981 SH   SOLE   1,474,981 0 0
Tenneco Inc. COM 880349105 98,610 1,698,122 SH   SOLE   1,698,122 0 0
Tim Hortons Inc. COM 88706M103 54,673 988,200 SH   SOLE   988,200 0 0
Toronto-Dominion Bank COM NEW 891160509 52,979 1,129,600 SH   SOLE   1,129,600 0 0
WABCO HLDGS INC COM 92927K102 145,310 1,376,562 SH   SOLE   1,376,562 0 0
WELLPOINT INC COM 94973V107 132,403 1,330,012 SH   SOLE   1,330,012 0 0
WELLS FARGO & CO NEW COM 949746101 256,539 5,157,601 SH   SOLE   5,157,601 0 0
WESCO INTL INC COM 95082P105 147,237 1,769,250 SH   SOLE   1,769,250 0 0
Xilinx Inc. COM 983919101 156,480 2,883,370 SH   SOLE   2,883,370 0 0