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
AT&T INC COM 00206R102   568,503 19,350 SH   SOLE   19,350 0 0
AMERICAN EXPRESS CO COM 025816109   680,711 15,860 SH   SOLE   15,860 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   29,213,258 509,600 SH   SOLE   509,600 0 0
BAYTEX ENERGY TR TRUST UNIT 073176109   746,415 15,950 SH   SOLE   15,950 0 0
CANADIAN NATL RY CO COM 136375102   16,362,837 245,652 SH   SOLE   245,652 0 0
CENOVUS ENERGY INC COM 15135U109   21,751,804 650,989 SH   SOLE   650,989 0 0
CHEVRON CORP NEW COM 166764100   805,190 8,824 SH   SOLE   8,824 0 0
DIAGEO P L C SPON ADR NEW 25243Q205   19,811,844 266,539 SH   SOLE   266,539 0 0
ENBRIDGE INC COM 29250N105   18,156,697 321,398 SH   SOLE   321,398 0 0
ENERPLUS RES FD UNIT TR G NEW 29274D604   307,932 10,000 SH   SOLE   10,000 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   15,258,788 274,488 SH   SOLE   274,488 0 0
JOHNSON & JOHNSON COM 478160104   19,007,495 307,316 SH   SOLE   307,316 0 0
KELLOGG CO COM 487836108   12,509,645 244,903 SH   SOLE   244,903 0 0
MANULIFE FINL CORP COM 56501R106   17,185,557 998,065 SH   SOLE   998,065 0 0
MCDONALDS CORP COM 580135101   16,019,121 208,691 SH   SOLE   208,691 0 0
MICROSOFT CORP COM 594918104   22,895,606 820,337 SH   SOLE   820,337 0 0
NYSE EURONEXT COM 629491101   723,687 24,139 SH   SOLE   24,139 0 0
PENGROWTH ENERGY TR TR UNIT NEW 706902509   322,066 25,100 SH   SOLE   25,100 0 0
RITCHIE BROS AUCTIONEERS COM 767744105   17,223,137 748,440 SH   SOLE   748,440 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   2,732,219 78,650 SH   SOLE   78,650 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102   25,883,399 493,489 SH   SOLE   493,489 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109   462,400 4,000 SH   SOLE   4,000 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200   26,495,755 1,236,143 SH   SOLE   1,236,143 0 0
STARWOOD PPTY TR INC COM 85571B105   15,785,995 733,891 SH   SOLE   733,891 0 0
3M CO COM 88579Y101   13,776,069 159,630 SH   SOLE   159,630 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   27,189,016 364,749 SH   SOLE   364,749 0 0
UNILEVER PLC SPON ADR NEW 904767704   674,296 21,836 SH   SOLE   21,836 0 0
VISA INC COM CL A 92826C839   12,192,842 173,243 SH   SOLE   173,243 0 0