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
ALIBABA GROUP HOLDING ADS 01609W102 1,361 6,000 SH   SOLE NONE 6,000 0 0
ALPHABET INC CAP STK CL A 02079K305 813 333 SH   SOLE NONE 333 0 0
ALPHABET INC CAP STK CL C 02079K107 850 339 SH   SOLE NONE 339 0 0
ANHEUSER-BUSCH INBEV NV ADR 03524A108 919 12,769 SH   SOLE NONE 12,769 0 0
ASTRAZENECA PLC ADR 046353108 1,756 29,317 SH   SOLE NONE 29,317 0 0
BANK OF NOVA SCOTIA COM 064149107 33,715 517,853 SH   SOLE NONE 380,797 0 137,056
BECTON DICKINSON AND CO COM 075887109 15,909 65,417 SH   SOLE NONE 65,417 0 0
BERKSHIRE HATHAWAY INC. CL B 084670702 1,745 6,279 SH   SOLE NONE 6,279 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 76,000 666,929 SH   SOLE NONE 545,736 0 121,193
CENOVUS ENERGY INC COM 15135U109 43,823 4,575,529 SH   SOLE NONE 3,744,392 0 831,137
CENOVUS ENERGY INC *W EXP 01/01/2026 15135U117 219 40,400 SH   SOLE NONE 40,400 0 0
CGI INC CL A SUB VTG 12532H104 41,913 461,792 SH   SOLE NONE 339,330 0 122,462
CISCO SYSTEMS INC COM 17275R102 1,617 30,516 SH   SOLE NONE 30,516 0 0
COGNIZANT TECH SOLUTIONS CL A 192446102 1,152 16,635 SH   SOLE NONE 16,635 0 0
COLGATE PALMOLIVE CO COM 194162103 488 6,000 SH   SOLE NONE 6,000 0 0
EMERSON ELECTRIC CO COM 291011104 931 9,673 SH   SOLE NONE 9,673 0 0
ENBRIDGE INC COM 29250N105 30,890 770,722 SH   SOLE NONE 566,407 0 204,315
FLUOR CORP COM 343412102 3,482 196,732 SH   SOLE NONE 196,732 0 0
GILDAN ACTIVEWEAR INC COM 375916103 41,623 1,126,830 SH   SOLE NONE 829,704 0 297,126
GLAXOSMITHKLINE PLC ADR 37733W105 20,420 512,815 SH   SOLE NONE 512,815 0 0
HENRY SCHEIN INC. COM 806407102 3,569 48,101 SH   SOLE NONE 48,101 0 0
ING GROEP NV ADR 456837103 835 63,032 SH   SOLE NONE 63,032 0 0
INTEL CORP COM 458140100 1,151 20,500 SH   SOLE NONE 20,500 0 0
ISHARES IBOXX HI YD ETF 464288513 241 2,736 SH   SOLE NONE 2,736 0 0
JPMORGAN CHASE & CO COM 46625H100 1,062 6,831 SH   SOLE NONE 6,831 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 67,108 1,739,574 SH   SOLE NONE 1,408,566 0 331,008
MANULIFE FINANCIAL CORP COM 56501R106 67,672 3,434,341 SH   SOLE NONE 2,764,107 0 670,234
MEDTRONIC PLC SHS G5960L103 1,387 11,170 SH   SOLE NONE 11,170 0 0
NUTRIEN LTD COM 67077M108 70,655 1,164,855 SH   SOLE NONE 936,851 0 228,004
OSHKOSH CORP. COM 688239201 4,079 32,728 SH   SOLE NONE 32,728 0 0
POINTS INTERNATIONAL LTD COM 730843208 1,360 78,317 SH   SOLE NONE 78,317 0 0
RAYTHEON TECHNOLOGOIES CORP COM 75513E101 1,266 14,837 SH   SOLE NONE 14,837 0 0
RESTAURANT BRANDS INTERNATIONAL INC. COM 76131D103 57,556 892,340 SH   SOLE NONE 731,398 0 160,942
ROGERS COMMUNICATIONS INC CLASS B CL B 775109200 63,960 1,201,840 SH   SOLE NONE 978,912 0 222,928
SPDR SER TR BLOOMBERG BRCLYS 78468R622 242 2,199 SH   SOLE NONE 2,199 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,092 2,165 SH   SOLE NONE 2,165 0 0
TRUIST FINANCIAL CORP COM 89832Q109 841 15,147 SH   SOLE NONE 15,147 0 0
UNILEVER PLC SPON ADR NEW 904767704 784 13,400 SH   SOLE NONE 13,400 0 0
VF CORP COM 918204108 20,510 250,000 SH   SOLE NONE 250,000 0 0
VOYA FINANCIAL INC. COM 929089100 967 15,716 SH   SOLE NONE 15,716 0 0
WASTE CONNECTIONS INC COM 94106B101 48,736 407,495 SH   SOLE NONE 334,525 0 72,970
WEST FRASER TIMBER CO LTD COM 952845105 9,024 125,570 SH   SOLE NONE 90,883 0 34,687