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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Adobe Systems Inc. CS 00724F101   24,664 48,370 SH   SOLE   24,664 0 0
Algonquin Power and Utilities CS 015857105   63 10,722 SH   SOLE   63 0 0
Alphabet Inc. Class A CS 02079K305   1,783 13,628 SH   SOLE   1,783 0 0
Alphabet Inc. Class C CS 02079K107   52,645 399,277 SH   SOLE   52,645 0 0
Amazon.com Inc CS 023135106   30,065 236,505 SH   SOLE   30,065 0 0
American Tower Corp CS 03027X100   3,955 24,048 SH   SOLE   3,955 0 0
Apple Inc. CS 037833100   67,643 395,089 SH   SOLE   67,643 0 0
Bank of Montreal CS 063671101   554 6,574 SH   SOLE   554 0 0
Bank of Nova Scotia CS 064149107   227 5,073 SH   SOLE   227 0 0
BCE Inc. CS 05534B760   6,744 176,686 SH   SOLE   6,744 0 0
Berkshire Hathaway B CS 084670702   27,627 78,867 SH   SOLE   27,627 0 0
Blackrock Inc CS 09247X101   27,397 42,378 SH   SOLE   27,397 0 0
Brookfield Asset Management Ltd CS 113004105   9,645 289,500 SH   SOLE   9,645 0 0
Brookfield Corporation CS 11271J107   28,363 907,254 SH   SOLE   28,363 0 0
Brookfield Infrast. Partners LP C$ CS G16252101   16,215 552,650 SH   SOLE   16,215 0 0
Brookfield Infrastructure Corp Sub VT CS 11275Q107   2,554 72,267 SH   SOLE   2,554 0 0
Canadian National Railway CS 136375102   25,371 234,320 SH   SOLE   25,371 0 0
Canadian Natural Resources CS 136385101   29,015 448,741 SH   SOLE   29,015 0 0
Copart Inc. CS 217204106   33,871 786,049 SH   SOLE   33,871 0 0
CoStar Group Inc CS 22160N109   19,071 248,025 SH   SOLE   19,071 0 0
Costco Companies Inc. CS 22160K105   42,844 75,835 SH   SOLE   42,844 0 0
Domino's Pizza, Inc. CS 25754A201   27,769 73,309 SH   SOLE   27,769 0 0
Enbridge Inc. CS 29250N105   412 12,430 SH   SOLE   412 0 0
Ferrari N.V. CS N3167Y103   36,115 122,199 SH   SOLE   36,115 0 0
FirstService Corp CS 33767E202   36,088 248,156 SH   SOLE   36,088 0 0
Floor & Decor Holdings Inc CS 339750101   19,126 211,341 SH   SOLE   19,126 0 0
Fortis Inc. CS 349553107   3,637 95,782 SH   SOLE   3,637 0 0
Granite Real Estate Investment Trust CS 387437114   6,142 115,761 SH   SOLE   6,142 0 0
GT Biopharma Inc CS 36254L209   36 151,354 SH   SOLE   36 0 0
Invesco QQQ Trust CS 46090E103   797 2,225 SH   SOLE   797 0 0
JP Morgan Chase & Co CS 46625H100   216 1,488 SH   SOLE   216 0 0
Live Nation Entertainment Inc CS 538034109   24,552 295,659 SH   SOLE   24,552 0 0
Mastercard Inc Class A CS 57636Q104   749 1,891 SH   SOLE   749 0 0
Meta Platforms Inc. CS 30303M102   248 826 SH   SOLE   248 0 0
Microsoft Corp. CS 594918104   55,063 174,387 SH   SOLE   55,063 0 0
Moody's Corp CS 615369105   35,682 112,857 SH   SOLE   35,682 0 0
Netflix Inc CS 64110L106   21,367 56,587 SH   SOLE   21,367 0 0
Pembina Pipeline Corp CS 706327103   5,616 186,802 SH   SOLE   5,616 0 0
POINT Biopharma Global Inc CS 730541109   887 132,990 SH   SOLE   887 0 0
Restaurant Brands International CS 76131D103   15,826 237,698 SH   SOLE   15,826 0 0
Royal Bank of Canada CS 780087102   7,258 83,062 SH   SOLE   7,258 0 0
Stryker Corp CS 863667101   29,051 106,309 SH   SOLE   29,051 0 0
Telus Corp. CS 87971M103   8,092 495,628 SH   SOLE   8,092 0 0
TFI International Inc. CS 87241L109   58,878 458,529 SH   SOLE   58,878 0 0
TJX Companies Inc CS 872540109   985 11,080 SH   SOLE   985 0 0
Toronto Dominion Bank CS 891160509   13,486 223,894 SH   SOLE   13,486 0 0
Tricon Capital Group Inc. CS 89612W102   1,383 187,109 SH   SOLE   1,383 0 0
Vail Resorts Inc CS 91879Q109   18,040 81,303 SH   SOLE   18,040 0 0
Vanguard Short-Term Bond Index Fund ETF CS 921937827   221 2,945 SH   SOLE   221 0 0
Vanguard Short-Term Corporate Bond ETF CS 92206C409   751 9,994 SH   SOLE   751 0 0
Vanguard Total Bond Market ETF CS 921937835   222 3,185 SH   SOLE   222 0 0
Visa Inc. Cls A CS 92826C839   41,960 182,425 SH   SOLE   41,960 0 0
Waste Connections Inc C$ CS 94106B101   41,459 308,837 SH   SOLE   41,459 0 0
Watsco Inc. CS 942622200   23,252 61,558 SH   SOLE   23,252 0 0