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
ABB LTD. SPON ADR 000375204 2,616 110,903 SH   SOLE 0 110,903 0 0
AMERICAN INT'L GROUP INC. COM 026874784 6,409 131,795 SH   SOLE 0 131,795 0 0
ASTRAZENECA PLC SPON ADR 046353108 2,449 47,160 SH   SOLE 0 47,160 0 0
BANK OF AMERICA CORPORATION COM 060505104 5,322 385,637 SH   SOLE 0 385,637 0 0
BANK MONTREAL QUE COM 063671101 28,200 422,780 SH   SOLE 0 422,780 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 22,055 385,305 SH   SOLE 0 385,305 0 0
BARCLAYS PLC ADR 06738E204 2,842 166,758 SH   SOLE 0 166,758 0 0
BARRICK GOLD INC. COM 067901108 21,602 1,160,894 SH   SOLE 0 1,160,894 0 0
BCE INC COM 05534B109 28,764 673,480 SH   SOLE 0 673,480 0 0
BLACKBERRY LTD. COM 09228F103 2,703 343,970 SH   SOLE 0 343,970 0 0
BROOKFIELD PPTYS CORP. COM 112900105 27,002 1,409,863 SH   SOLE 0 1,409,863 0 0
CAE INC. COM 124765108 13,517 1,235,071 SH   SOLE 0 1,235,071 0 0
CAMECO CORP. COM 13321L108 908 50,360 SH   SOLE 0 50,360 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 13,639 171,315 SH   SOLE 0 171,315 0 0
CANADIAN NATURAL RESOURCES LTD. COM 136385101 23,679 753,957 SH   SOLE 0 753,957 0 0
CHINA MOBILE LIMITED SPON ADR 16941M109 2,599 46,049 SH   SOLE 0 46,049 0 0
CISCO SYSTEMS INC. COM 17275R102 6,599 281,615 SH   SOLE 0 281,615 0 0
CITIGROUP INC. COM 172967424 5,829 120,170 SH   SOLE 0 120,170 0 0
COACH INC. COM 189754104 5,971 175,515 SH   SOLE 0 175,515 0 0
COCA-COLA COMPANY COM 191216100 1,086 28,675 SH   SOLE 0 28,675 0 0
CORNING INC. COM 219350105 9,308 637,941 SH   SOLE 0 637,941 0 0
DEVON ENERGY CORP. COM 25179M103 4,933 85,403 SH   SOLE 0 85,403 0 0
EMERSON ELECTRIC COMPANY COM 291011104 5,667 87,593 SH   SOLE 0 87,593 0 0
ENCANA CORP COM 292505104 27,071 1,567,552 SH   SOLE 0 1,567,552 0 0
EXFO INC. SUB VTG 302046107 57 10,590 SH   SOLE 0 10,590 0 0
EXXON MOBIL CORP. COM 30231G102 3,703 43,034 SH   SOLE 0 43,034 0 0
GENERAL MOTORS CORP. COM 37045V100 11,859 329,685 SH   SOLE 0 329,685 0 0
GLAXOSMITHKLINE PLC SPON ADR 37733W105 3,647 72,700 SH   SOLE 0 72,700 0 0
GOLDCORP INC. COM 380956409 14,834 570,515 SH   SOLE 0 570,515 0 0
HONEYWELL INTL INC COM 438516106 4,649 55,983 SH   SOLE 0 55,983 0 0
HUDBAY MINERALS INC. COM 443628102 125 15,270 SH   SOLE 0 15,270 0 0
ING GROEP N V SPON ADR 456837103 3,854 339,540 SH   SOLE 0 339,540 0 0
JOHNSON & JOHNSON COM 478160104 10,792 124,490 SH   SOLE 0 124,490 0 0
JP MORGAN CHASE & CO COM 46625H100 9,387 181,593 SH   SOLE 0 181,593 0 0
LAKE SHORE GOLD CORP COM 510728108 45 164,525 SH   SOLE 0 164,525 0 0
MAGNA INTL INC COM 559222401 21,505 260,930 SH   SOLE 0 260,930 0 0
MANULIFE FINL CORP COM 56501R106 35,390 2,140,659 SH   SOLE 0 2,140,659 0 0
MERCK & CO. INC. COM 58933Y105 1,272 26,720 SH   SOLE 0 26,720 0 0
METLIFE INC. COM 59156R108 9,488 202,096 SH   SOLE 0 202,096 0 0
MICROSOFT CORP. COM 594918104 9,979 299,851 SH   SOLE 0 299,851 0 0
MORGAN STANLEY COM 617446448 10,215 379,017 SH   SOLE 0 379,017 0 0
NTT DOCOMO INC. SPON ADR 62942M201 3,542 218,354 SH   SOLE 0 218,354 0 0
NATIONAL GRID PLC SPON ADR 636274300 426 7,220 SH   SOLE 0 7,220 0 0
NEW GOLD INC. COM 644535106 12,656 2,150,640 SH   SOLE 0 2,150,640 0 0
NORTH AMERICAN PALLADIUM LTD. COM 656912102 50 51,780 SH   SOLE 0 51,780 0 0
ORACLE CORP COM 68389X105 2,946 88,810 SH   SOLE 0 88,810 0 0
ORANGE SPON ADR 684060106 9,218 736,856 SH   SOLE 0 736,856 0 0
PETROLEO BRASILEIRO SPON ADR 71654V408 1,767 114,080 SH   SOLE 0 114,080 0 0
PFIZER INC COM 717081103 7,227 251,578 SH   SOLE 0 251,578 0 0
POTASH CORP SASK INC COM 73755L107 9,649 308,765 SH   SOLE 0 308,765 0 0
PROCTER & GAMBLE CO COM 742718109 4,092 54,137 SH   SOLE 0 54,137 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 23,426 545,180 SH   SOLE 0 545,180 0 0
ROYAL BANK OF CANADA COM 780087102 41,429 646,998 SH   SOLE 0 646,998 0 0
ROYAL DUTCH SHELL SPON ADR A 780259206 2,589 39,425 SH   SOLE 0 39,425 0 0
RUBICON MINERALS CORP. COM 780911103 22 17,275 SH   SOLE 0 17,275 0 0
SANOFI AVENTIS SPON ADR 80105N105 2,207 43,583 SH   SOLE 0 43,583 0 0
SAP AG SPON ADR 803054204 2,201 29,780 SH   SOLE 0 29,780 0 0
SHAW COMMUNICATIONS CL B CONV 82028K200 16,989 732,080 SH   SOLE 0 732,080 0 0
SIEMENS AG SPON ADR 826197501 3,222 26,734 SH   SOLE 0 26,734 0 0
STAPLES INC. COM 855030102 8,117 554,075 SH   SOLE 0 554,075 0 0
SUN LIFE FINL INC. COM 866796105 31,559 994,370 SH   SOLE 0 994,370 0 0
SUNCOR ENERGY INC COM 867229106 22,716 635,730 SH   SOLE 0 635,730 0 0
SYMANTEC CORP. COM 871503108 2,131 86,120 SH   SOLE 0 86,120 0 0
TALISMAN ENERGY INC COM 87425E103 33,728 2,941,078 SH   SOLE 0 2,941,078 0 0
TECK RESOURCES LTD. CL B 878742204 15,304 569,855 SH   SOLE 0 569,855 0 0
TELUS CORP. NON -VTG 87971M202 2,621 79,120 SH   SOLE 0 79,120 0 0
TEVA PHARMACEUTICAL INDS LTD. ADR 881624209 2,792 73,891 SH   SOLE 0 73,891 0 0
THOMSON CREEK METALS CO INC COM 884768102 58 16,260 SH   SOLE 0 16,260 0 0
THOMSON REUTERS CORP COM 884903105 27,423 784,690 SH   SOLE 0 784,690 0 0
TIM HORTONS INC COM 88706M103 1,548 26,720 SH   SOLE 0 26,720 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 44,771 497,588 SH   SOLE 0 497,588 0 0
TOTAL S A SPON ADR 89151E109 2,832 48,896 SH   SOLE 0 48,896 0 0
VERIZON COMMUNICATIONS COM 92343V104 7,342 157,307 SH   SOLE 0 157,307 0 0
VODAFONE GROUP PLC SPON ADR 92857W209 2,169 61,665 SH   SOLE 0 61,665 0 0
WAL MART STORES INC COM 931142103 2,261 30,575 SH   SOLE 0 30,575 0 0
WALGREEN CO. COM 931422109 12,626 234,689 SH   SOLE 0 234,689 0 0
WELLS FARGO & CO NEW COM 949746101 10,342 250,290 SH   SOLE 0 250,290 0 0
ZIMMER HOLDINGS INC. COM 98956P102 5,369 65,365 SH   SOLE 0 65,365 0 0