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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ATS CORPORATION COM 00217Y104   10,023,879 329,000 SH   SOLE 329,000 0 0
AGNICO EAGLE MINES LTD COM 008474108   14,677,871 187,800 SH   SOLE 187,800 0 0
ALPHABET INC CAP STK CL A 02079K305   10,420,965 55,050 SH   SOLE 55,050 0 0
AMERCIAN ELEC PWR CO INC COM 025537101   21,282,073 230,750 SH   SOLE 230,750 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103   10,004,048 34,175 SH   SOLE 34,175 0 0
CAE INC COM 124765108   11,432,727 450,700 SH   SOLE 450,700 0 0
CANADIAN NAT RES LTD COM 136385101   9,584,464 310,750 SH   SOLE 310,750 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   8,960,254 123,875 SH   SOLE 123,875 0 0
DENISON MINES CORP COM 248356107   181,389 100,000 SH   SOLE 100,000 0 0
FIFTH THIRD BANCORP COM 316773100   564,438 13,350 SH   SOLE 13,350 0 0
HALEON PLC SPON ADS 405552100   10,582,722 1,109,300 SH   SOLE 1,109,300 0 0
HUDBAY MINERALS INC COM 443628102   2,387,337 294,615 SH   SOLE 294,615 0 0
MAGNA INTL INC COM 559222401   6,276,842 150,325 SH   SOLE 150,325 0 0
MANULIFE FINL CORP COM 56501R106   14,576,498 474,950 SH   SOLE 474,950 0 0
MASTERCARD INCORPORATED CL A 57636Q104   250,121 475 SH   SOLE 475 0 0
MICROSOFT CORP COM 594918104   15,667,155 37,170 SH   SOLE 37,170 0 0
NEWMONT CORP COM 651639106   320,092 8,600 SH   SOLE 8,600 0 0
NOVO-NORDISK A S ADR 670100205   10,339,604 120,200 SH   SOLE 120,200 0 0
ORIGIN MATERIALS INC *W EXP 06/25/202 68622D114   2,136 16,600 SH   SOLE 16,600 0 0
ROYAL BK CDA COM 780087102   10,997,370 91,300 SH   SOLE 91,300 0 0
SUN LIFE FINANCIAL INC. COM 866796105   237,300 4,000 SH   SOLE 4,000 0 0
TC ENERGY CORP COM 87807B107   19,370,025 416,062 SH   SOLE 416,062 0 0
TECK RESOURCES LTD CL B 878742204   5,824,379 143,800 SH   SOLE 143,800 0 0
TELUS CORPORATION COM 87971M103   10,844,182 800,600 SH   SOLE 800,600 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   16,072,949 302,200 SH   SOLE 302,200 0 0
UNION PAC CORP COM 907818108   262,246 1,150 SH   SOLE 1,150 0 0
VERISK ANALYTICS INC COM 92345Y106   254,773 925 SH   SOLE 925 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   19,719,069 493,100 SH   SOLE 493,100 0 0
ZOETIS INC CL A 98978V103   10,191,272 62,550 SH   SOLE 62,550 0 0