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
BANK NOVA SCOTIA HALIFAX COM 064149107   16,166,727 432,767 SH   SOLE   432,767 0 0
BAYTEX ENERGY TR TRUST UNIT 073176109   200,534 11,900 SH   SOLE   11,900 0 0
CRH PLC ADR 12626K203   8,340,706 362,167 SH   SOLE   362,167 0 0
CANADIAN NATL RY CO COM 136375102   12,701,831 295,498 SH   SOLE   295,498 0 0
CORUS ENTERTAINMENT INC COM CL B NON VTG 220874101   11,673,539 913,848 SH   SOLE   913,848 0 0
DIAGEO P L C SPON ADR NEW 25243Q205   12,944,798 226,110 SH   SOLE   226,110 0 0
ENCANA CORP COM 292505104   15,142,146 310,019 SH   SOLE   310,019 0 0
EXXON MOBIL CORP COM 30231G102   462,804 6,620 SH   SOLE   6,620 0 0
GENERAL ELECTRIC CO COM 369604103   5,244,208 447,458 SH   SOLE   447,458 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   6,566,021 200,673 SH   SOLE   200,673 0 0
JOHNSON & JOHNSON COM 478160104   13,500,224 237,680 SH   SOLE   237,680 0 0
MANULIFE FINL CORP COM 56501R106   11,638,927 670,171 SH   SOLE   670,171 0 0
MICROSOFT CORP COM 594918104   9,281,615 390,476 SH   SOLE   390,476 0 0
NYSE EURONEXT COM 629491101   379,865 13,940 SH   SOLE   13,940 0 0
NIKE INC CL B 654106103   5,886,454 113,682 SH   SOLE   113,682 0 0
PENGROWTH ENERGY TR TR UNIT NEW 706902509   81,337 10,300 SH   SOLE   10,300 0 0
PENN WEST ENERGY TR TR UNIT 707885109   127,398 10,000 SH   SOLE   10,000 0 0
RITCHIE BROS AUCTIONEERS COM 767744105   13,067,894 556,496 SH   SOLE   556,496 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102   247,037 6,037 SH   SOLE   6,037 0 0
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417   657,877 18,695 SH   SOLE   18,695 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200   16,015,087 950,822 SH   SOLE   950,822 0 0
3M CO COM 88579Y101   7,605,956 126,555 SH   SOLE   126,555 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   15,842,103 306,477 SH   SOLE   306,477 0 0
TRANSCANADA CORP COM 89353D107   399,721 14,854 SH   SOLE   14,854 0 0
UNILEVER PLC SPON ADR NEW 904767704   508,846 21,653 SH   SOLE   21,653 0 0
VISA INC COM CL A 92826C839   8,828,779 141,805 SH   SOLE   141,805 0 0