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 3,237 140,613 SH   SOLE 0 140,613 0 0
AMERICAN INT'L GROUP INC. COM 026874784 10,055 184,230 SH   SOLE 0 184,230 0 0
ASTRAZENECA PLC SPON ADR 046353108 3,426 52,800 SH   SOLE 0 52,800 0 0
ATLANTIC POWER CORP. COM 04878Q863 59 12,585 SH   SOLE 0 12,585 0 0
BANK OF AMERICA CORPORATION COM 060505104 8,051 523,810 SH   SOLE 0 523,810 0 0
BANK MONTREAL QUE COM 063671101 43,730 521,845 SH   SOLE 0 521,845 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 48,226 635,695 SH   SOLE 0 635,695 0 0
BARCLAYS PLC ADR 06738E204 3,070 210,132 SH   SOLE 0 210,132 0 0
BARRICK GOLD INC. COM 067901108 19,071 915,244 SH   SOLE 0 915,244 0 0
BCE INC COM 05534B109 39,728 769,705 SH   SOLE 0 769,705 0 0
BED BATH & BEYOND COM 075896100 9,372 163,335 SH   SOLE 0 163,335 0 0
BROOKFIELD PPTYS CORP. COM 112900105 8,287 335,947 SH   SOLE 0 335,947 0 0
CAE INC. COM 124765108 16,977 1,140,386 SH   SOLE 0 1,140,386 0 0
CAMECO CORP. COM 13321L108 13,460 581,110 SH   SOLE 0 581,110 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 23,454 226,510 SH   SOLE 0 226,510 0 0
CANADIAN NATURAL RESOURCES LTD. COM 136385101 32,556 622,657 SH   SOLE 0 622,657 0 0
CENOVUS ENERGY INC. COM 15135U109 31,646 857,925 SH   SOLE 0 857,925 0 0
CHINA MOBILE LIMITED SPON ADR 16941M109 3,149 64,779 SH   SOLE 0 64,779 0 0
CISCO SYSTEMS INC. COM 17275R102 7,557 304,111 SH   SOLE 0 304,111 0 0
CITIGROUP INC. COM 172967424 6,036 128,149 SH   SOLE 0 128,149 0 0
COACH INC. COM 189754104 3,188 93,235 SH   SOLE 0 93,235 0 0
COCA-COLA COMPANY COM 191216100 10,837 255,820 SH   SOLE 0 255,820 0 0
CORNING INC. COM 219350105 15,004 683,552 SH   SOLE 0 683,552 0 0
DEVON ENERGY CORP. COM 25179M103 2,847 35,862 SH   SOLE 0 35,862 0 0
EMERSON ELECTRIC COMPANY COM 291011104 3,985 60,053 SH   SOLE 0 60,053 0 0
ENCANA CORP COM 292505104 29,842 1,106,947 SH   SOLE 0 1,106,947 0 0
ENERPLUS CORP. COM 292766102 7,505 261,735 SH   SOLE   261,735 0 0
EXFO INC. SUB VTG 302046107 70 12,855 SH   SOLE 0 12,855 0 0
EXXON MOBIL CORP. COM 30231G102 5,192 51,573 SH   SOLE 0 51,573 0 0
GENERAL MOTORS CORP. COM 37045V100 13,140 361,988 SH   SOLE 0 361,988 0 0
GLAXOSMITHKLINE PLC SPON ADR 37733W105 4,264 79,725 SH   SOLE 0 79,725 0 0
GOLDCORP INC. COM 380956409 16,171 509,190 SH   SOLE 0 509,190 0 0
HONEYWELL INTL INC COM 438516106 6,640 71,436 SH   SOLE 0 71,436 0 0
HUDBAY MINERALS INC. COM 443628102 128 12,125 SH   SOLE 0 12,125 0 0
ING GROEP N V SPON ADR 456837103 5,424 386,884 SH   SOLE 0 386,884 0 0
JOHNSON & JOHNSON COM 478160104 14,381 137,458 SH   SOLE 0 137,458 0 0
JP MORGAN CHASE & CO COM 46625H100 10,916 189,456 SH   SOLE 0 189,456 0 0
LAKE SHORE GOLD CORP COM 510728108 95 92,195 SH   SOLE 0 92,195 0 0
MAGNA INTL INC COM 559222401 24,184 197,440 SH   SOLE 0 197,440 0 0
MANULIFE FINL CORP COM 56501R106 40,101 1,772,918 SH   SOLE 0 1,772,918 0 0
MERCK & CO. INC. COM 58933Y105 1,546 26,720 SH   SOLE 0 26,720 0 0
METLIFE INC. COM 59156R108 12,405 223,273 SH   SOLE 0 223,273 0 0
MICROSOFT CORP. COM 594918104 13,545 324,810 SH   SOLE 0 324,810 0 0
MORGAN STANLEY COM 617446448 11,187 346,027 SH   SOLE 0 346,027 0 0
NTT DOCOMO INC. SPON ADR 62942M201 4,615 270,024 SH   SOLE 0 270,024 0 0
NATIONAL GRID PLC SPON ADR 636274300 416 5,590 SH   SOLE 0 5,590 0 0
NEW GOLD INC. COM 644535106 15,483 2,144,625 SH   SOLE 0 2,144,625 0 0
NORTH AMERICAN PALLADIUM LTD. COM 656912102 29 74,280 SH   SOLE 0 74,280 0 0
ORACLE CORP COM 68389X105 4,592 113,309 SH   SOLE 0 113,309 0 0
ORANGE SPON ADR 684060106 11,034 698,356 SH   SOLE 0 698,356 0 0
PETROLEO BRASILEIRO SPON ADR 71654V408 1,783 121,857 SH   SOLE 0 121,857 0 0
PFIZER INC COM 717081103 6,559 220,999 SH   SOLE 0 220,999 0 0
POTASH CORP SASK INC COM 73755L107 13,238 302,010 SH   SOLE 0 302,010 0 0
PROCTER & GAMBLE CO COM 742718109 5,407 68,800 SH   SOLE 0 68,800 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 36,890 805,620 SH   SOLE 0 805,620 0 0
ROYAL BANK OF CANADA COM 780087102 62,002 762,203 SH   SOLE 0 762,203 0 0
ROYAL DUTCH SHELL SPON ADR A 780259206 3,864 46,915 SH   SOLE 0 46,915 0 0
RUBICON MINERALS CORP. COM 780911103 93 55,215 SH   SOLE 0 55,215 0 0
SANOFI AVENTIS SPON ADR 80105N105 2,932 55,137 SH   SOLE 0 55,137 0 0
SAP AG SPON ADR 803054204 2,892 37,553 SH   SOLE 0 37,553 0 0
SHAW COMMUNICATIONS CL B CONV 82028K200 26,503 908,370 SH   SOLE 0 908,370 0 0
SIEMENS AG SPON ADR 826197501 3,219 24,274 SH   SOLE 0 24,274 0 0
STAPLES INC. COM 855030102 6,761 623,675 SH   SOLE 0 623,675 0 0
SUN LIFE FINL INC. COM 866796105 36,440 871,275 SH   SOLE 0 871,275 0 0
SUNCOR ENERGY INC COM 867229106 26,940 557,420 SH   SOLE 0 557,420 0 0
SYMANTEC CORP. COM 871503108 2,516 109,875 SH   SOLE 0 109,875 0 0
TALISMAN ENERGY INC COM 87425E103 27,009 2,245,323 SH   SOLE 0 2,245,323 0 0
TECK RESOURCES LTD. CL B 878742204 31,127 1,198,235 SH   SOLE 0 1,198,235 0 0
TELUS CORP. NON -VTG 87971M202 10,216 240,890 SH   SOLE 0 240,890 0 0
TEVA PHARMACEUTICAL INDS LTD. ADR 881624209 4,147 79,114 SH   SOLE 0 79,114 0 0
THOMSON CREEK METALS CO INC COM 884768102 89 26,270 SH   SOLE 0 26,270 0 0
THOMSON REUTERS CORP COM 884903105 30,928 746,505 SH   SOLE 0 746,505 0 0
TIM HORTONS INC COM 88706M103 7,397 118,825 SH   SOLE 0 118,825 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 66,099 1,128,406 SH   SOLE 0 1,128,406 0 0
TOTAL S A SPON ADR 89151E109 4,221 58,465 SH   SOLE 0 58,465 0 0
UNILEVER PLC SPON ADR 904767704 309 6,815 SH   SOLE 0 6,815 0 0
VERIZON COMMUNICATIONS COM 92343V104 10,896 222,677 SH   SOLE 0 222,677 0 0
VODAFONE GROUP PLC SPON ADR 92857W209 2,530 75,770 SH   SOLE 0 75,770 0 0
WAL MART STORES INC COM 931142103 2,968 39,530 SH   SOLE 0 39,530 0 0
WALGREEN CO. COM 931422109 18,259 246,315 SH   SOLE 0 246,315 0 0
WELLS FARGO & CO NEW COM 949746101 14,178 269,740 SH   SOLE 0 269,740 0 0
WI-LAN INC. COM 928972108 96 26,685 SH   SOLE 0 26,685 0 0
ZIMMER HOLDINGS INC. COM 98956P102 7,794 75,040 SH   SOLE 0 75,040 0 0