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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   59,087,863 239,609 SH   SOLE   216,652 0 22,957
APPLIED MATLS INC COM 038222105   85,470,554 417,459 SH   SOLE   377,832 0 39,627
BROADCOM INC COM 11135F101   95,590,740 289,747 SH   SOLE   262,232 0 27,515
BROOKFIELD CORP CL A LTD VT SH 11271J107   1,210,543 17,639 SH   SOLE   17,639 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   56,367,911 944,185 SH   SOLE   854,134 0 90,051
CANADIAN NATL RY CO COM 136375102   873,519 9,261 SH   SOLE   9,261 0 0
CINTAS CORP COM 172908105   78,047,043 380,234 SH   SOLE   344,051 0 36,183
DOMINOS PIZZA INC COM 25754A201   68,061,506 157,655 SH   SOLE   142,661 0 14,994
FIRSTSERVICE CORP NEW COM 33767E202   1,026,414 5,386 SH   SOLE   5,386 0 0
GE AEROSPACE COM NEW 369604301   93,934,188 312,260 SH   SOLE   282,598 0 29,662
INTUIT COM 461202103   76,623,366 112,201 SH   SOLE   101,558 0 10,643
ELI LILLY & CO COM 532457108   71,600,326 93,840 SH   SOLE   84,927 0 8,913
MARSH & MCLENNAN COS INC COM 571748102   69,768,625 346,194 SH   SOLE   313,497 0 32,697
MASTERCARD INCORPORATED CL A 57636Q104   87,529,036 153,880 SH   SOLE   139,286 0 14,594
MCKESSON CORP COM 58155Q103   78,230,642 101,263 SH   SOLE   91,627 0 9,636
MICROSOFT CORP COM 594918104   91,842,314 177,318 SH   SOLE   160,535 0 16,783
MOODYS CORP COM 615369105   74,842,092 157,072 SH   SOLE   142,188 0 14,884
MSCI INC COM 55354G100   69,967,968 123,310 SH   SOLE   111,608 0 11,702
OLD DOMINION FREIGHT LINE IN COM 679580100   57,051,847 405,255 SH   SOLE   366,537 0 38,718
OPEN TEXT CORP COM 683715106   1,200,042 32,098 SH   SOLE   32,098 0 0
S&P GLOBAL INC COM 78409V104   257,956 530 SH   SOLE   530 0 0
SHERWIN WILLIAMS CO COM 824348106   78,402,450 226,426 SH   SOLE   204,849 0 21,577
SPDR S&P 500 ETF TR TR UNIT 78462F103   2,096,216 3,147 SH   SOLE   3,147 0 0
TFI INTL INC COM 87241L109   994,347 11,296 SH   SOLE   11,296 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   81,491,372 168,015 SH   SOLE   152,003 0 16,012
THOMSON REUTERS CORP COM 884903808   811,346 5,224 SH   SOLE   5,224 0 0
UNITEDHEALTH GROUP INC COM 91324P102   88,440,897 256,127 SH   SOLE   231,689 0 24,438
VISA INC COM CL A 92826C839   83,568,087 244,794 SH   SOLE   221,591 0 23,203
WABTEC COM 929740108   77,443,228 386,308 SH   SOLE   349,679 0 36,629
WASTE CONNECTIONS INC COM 94106B101   879,363 5,001 SH   SOLE   5,001 0 0
ZOETIS INC CL A 98978V103   60,913,785 416,305 SH   SOLE   376,790 0 39,515