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$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
American Int'l Group CS 026874784 8,558 152,798 SH   SOLE   152,798 0 0
Apple Inc. CS 037833100 16,769 151,918 SH   SOLE   151,918 0 0
Bank of Montreal CS 063671101 579 8,167 SH   SOLE   8,167 0 0
Bank of Nova Scotia CS 064149107 12,103 211,743 SH   SOLE   211,743 0 0
BCE Inc. CS 05534B760 13,277 289,086 SH   SOLE   289,086 0 0
Boeing Company CS 097023105 222 1,710 SH   SOLE   1,710 0 0
Brookfield Asset Management CS 112585104 14,542 289,778 SH   SOLE   289,778 0 0
Brookfield Infrast. Partners LP C$ CS G16252101 13,050 311,219 SH   SOLE   311,219 0 0
C.R. Bard Inc. CS 067383109 10,800 64,820 SH   SOLE   64,820 0 0
Canadian National Railway CS 136375102 362 5,245 SH   SOLE   5,245 0 0
Canadian Natural Resources CS 136385101 5,158 166,607 SH   SOLE   166,607 0 0
CSX Corp CS 126408103 7,956 219,600 SH   SOLE   219,600 0 0
DIRECTV CS 25490A309 6,663 76,850 SH   SOLE   76,850 0 0
Dr Pepper Snapple Group CS 26138E109 6,403 89,323 SH   SOLE   89,323 0 0
Enbridge Inc. CS 29250N105 355 6,900 SH   SOLE   6,900 0 0
Energizer Holdings Inc CS 29266R108 5,621 43,719 SH   SOLE   43,719 0 0
General Motors Company CS 37045V100 9,484 271,658 SH   SOLE   271,658 0 0
Goldman Sachs Group Inc CS 38141G104 7,557 38,989 SH   SOLE   38,989 0 0
Google Inc CS 38259P508 8,863 16,837 SH   SOLE   16,837 0 0
JP Morgan Chase & Co CS 46625H100 10,992 175,651 SH   SOLE   175,651 0 0
Magna International Cl A CS 559222401 11,626 107,133 SH   SOLE   107,133 0 0
Methanex Corp. CS 59151K108 6,203 134,837 SH   SOLE   134,837 0 0
Microsoft Corp. CS 594918104 7,710 165,979 SH   SOLE   165,979 0 0
Molson Coors Brewing Cls. B CS 60871R209 7,250 97,260 SH   SOLE   97,260 0 0
Neenah Paper CS 640079109 5,270 87,436 SH   SOLE   87,436 0 0
Oracle CS 68389X105 11,373 252,912 SH   SOLE   252,912 0 0
Pembina Pipeline Corp CS 706327103 9,065 248,391 SH   SOLE   248,391 0 0
Progressive Waste Solutions CS 74339G101 8,707 289,176 SH   SOLE   289,176 0 0
Qualcomm Inc CS 747525103 7,371 99,163 SH   SOLE   99,163 0 0
Rogers Communications Inc. Cls B CS 775109200 10,537 270,627 SH   SOLE   270,627 0 0
Royal Bank of Canada CS 780087102 2,767 40,002 SH   SOLE   40,002 0 0
Suncor Energy CS 867224107 6,641 208,795 SH   SOLE   208,795 0 0
Telus Corp U$ CS 87971M103 7,980 221,004 SH   SOLE   221,004 0 0
Teva Pharmaceuticals CS 881624209 4,792 83,320 SH   SOLE   83,320 0 0
Toronto Dominion Bank CS 891160509 9,189 192,032 SH   SOLE   192,032 0 0
TransCanada Corp. CS 89353D107 7,704 156,530 SH   SOLE   156,530 0 0
Viacom Inc CS 92553P201 8,872 117,900 SH   SOLE   117,900 0 0
Visa Inc. Cls A CS 92826C839 6,934 26,446 SH   SOLE   26,446 0 0
Wells Fargo Co. CS 949746101 347 6,329 SH   SOLE   6,329 0 0
Zimmer Holdings Inc. CS 98956P102 9,363 82,550 SH   SOLE   82,550 0 0