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 2,955 139,703 SH   SOLE 0 139,703 0 0
AMERICAN INT'L GROUP INC. COM 026874784 9,969 177,990 SH   SOLE 0 177,990 0 0
BANK OF AMERICA CORPORATION COM 060505104 9,057 506,285 SH   SOLE 0 506,285 0 0
BANK MONTREAL QUE COM 063671101 46,458 454,180 SH   SOLE 0 454,180 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 52,767 639,310 SH   SOLE 0 639,310 0 0
BARCLAYS PLC ADR 06738E204 3,137 209,022 SH   SOLE 0 209,022 0 0
BARRICK GOLD INC. COM 067901108 8,992 576,980 SH   SOLE 0 576,980 0 0
BCE INC COM 05534B109 44,234 667,010 SH   SOLE 0 667,010 0 0
BED BATH & BEYOND COM 075896100 12,153 159,555 SH   SOLE 0 159,555 0 0
CAE INC. COM 124765108 18,697 996,066 SH   SOLE 0 996,066 0 0
CAMECO CORP. COM 13321L108 13,043 550,095 SH   SOLE 0 550,095 0 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101 24,307 195,588 SH   SOLE 0 195,588 0 0
CANADIAN NATIONAL RAILWAY CO COM 136375102 2,101 21,100 SH   SOLE 0 21,100 0 0
CANADIAN NATURAL RESOURCES LTD. COM 136385101 30,351 678,802 SH   SOLE 0 678,802 0 0
CENOVUS ENERGY INC. COM 15135U109 34,338 1,150,905 SH   SOLE 0 1,150,905 0 0
CHEVRON CORP. COM 166764100 1,596 14,225 SH   SOLE 0 14,225 0 0
CHINA MOBILE LIMITED SPON ADR 16941M109 2,239 38,059 SH   SOLE 0 38,059 0 0
CISCO SYSTEMS INC. COM 17275R102 3,470 124,741 SH   SOLE 0 124,741 0 0
CITIGROUP INC. COM 172967424 6,683 123,504 SH   SOLE 0 123,504 0 0
COACH INC. COM 189754104 1,386 36,905 SH   SOLE 0 36,905 0 0
COCA-COLA COMPANY COM 191216100 10,452 247,570 SH   SOLE 0 247,570 0 0
CORNING INC. COM 219350105 14,974 653,012 SH   SOLE 0 653,012 0 0
DEERE & CO COM 244199105 705 7,970 SH   SOLE 0 7,970 0 0
DEVON ENERGY CORP. COM 25179M103 1,964 32,082 SH   SOLE 0 32,082 0 0
EMERSON ELECTRIC COMPANY COM 291011104 3,466 56,148 SH   SOLE 0 56,148 0 0
ENCANA CORP COM 292505104 14,258 708,436 SH   SOLE 0 708,436 0 0
ENERPLUS CORP. COM 292766102 5,497 394,630 SH   SOLE   394,630 0 0
EXFO INC. SUB VTG 302046107 57 11,330 SH   SOLE 0 11,330 0 0
EXXON MOBIL CORP. COM 30231G102 4,406 47,658 SH   SOLE 0 47,658 0 0
GENERAL MOTORS CORP. COM 37045V100 6,146 176,053 SH   SOLE 0 176,053 0 0
GLAXOSMITHKLINE PLC SPON ADR 37733W105 3,693 86,395 SH   SOLE 0 86,395 0 0
GOLDCORP INC. COM 380956409 10,840 404,875 SH   SOLE 0 404,875 0 0
HONEYWELL INTL INC COM 438516106 6,618 66,231 SH   SOLE 0 66,231 0 0
HUDBAY MINERALS INC. COM 443628102 122 9,650 SH   SOLE 0 9,650 0 0
ING GROEP N V SPON ADR 456837103 4,185 322,644 SH   SOLE 0 322,644 0 0
JOHNSON & JOHNSON COM 478160104 13,759 131,573 SH   SOLE 0 131,573 0 0
JP MORGAN CHASE & CO COM 46625H100 11,468 183,251 SH   SOLE 0 183,251 0 0
LAKE SHORE GOLD CORP COM 510728108 59 60,565 SH   SOLE 0 60,565 0 0
MAGNA INTL INC COM 559222401 20,211 128,985 SH   SOLE 0 128,985 0 0
MANULIFE FINL CORP COM 56501R106 47,550 1,722,343 SH   SOLE 0 1,722,343 0 0
MERCK & CO. INC. COM 58933Y105 1,258 22,160 SH   SOLE 0 22,160 0 0
METLIFE INC. COM 59156R108 11,549 213,518 SH   SOLE 0 213,518 0 0
MICROSOFT CORP. COM 594918104 8,493 182,840 SH   SOLE 0 182,840 0 0
MORGAN STANLEY COM 617446448 12,895 332,342 SH   SOLE 0 332,342 0 0
NTT DOCOMO INC. SPON ADR 62942M201 3,904 267,429 SH   SOLE 0 267,429 0 0
NATIONAL GRID PLC SPON ADR 636274300 388 5,490 SH   SOLE 0 5,490 0 0
NEW GOLD INC. COM 644535106 9,517 1,535,265 SH   SOLE 0 1,535,265 0 0
ORACLE CORP COM 68389X105 4,731 105,214 SH   SOLE 0 105,214 0 0
ORANGE SPON ADR 684060106 11,733 693,416 SH   SOLE 0 693,416 0 0
PENN WEST PETROLEUM LTD. COM 707887105 3,559 1,176,681 SH   SOLE 0 1,176,681 0 0
PFIZER INC COM 717081103 7,337 235,529 SH   SOLE 0 235,529 0 0
POTASH CORP SASK INC COM 73755L107 7,308 142,955 SH   SOLE 0 142,955 0 0
PRIMERO MINING CORP COM 74164W106 78 14,100 SH   SOLE 0 14,100 0 0
PROCTER & GAMBLE CO COM 742718109 5,818 63,875 SH   SOLE 0 63,875 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 51,741 920,270 SH   SOLE 0 920,270 0 0
ROYAL BANK OF CANADA COM 780087102 68,674 687,598 SH   SOLE 0 687,598 0 0
ROYAL DUTCH SHELL SPON ADR A 780259206 3,619 54,055 SH   SOLE 0 54,055 0 0
RUBICON MINERALS CORP. COM 780911103 71 51,255 SH   SOLE 0 51,255 0 0
SANOFI AVENTIS SPON ADR 80105N105 2,897 63,527 SH   SOLE 0 63,527 0 0
SAP AG SPON ADR 803054204 2,599 37,318 SH   SOLE 0 37,318 0 0
SHAW COMMUNICATIONS CL B CONV 82028K200 29,816 764,085 SH   SOLE 0 764,085 0 0
SUN LIFE FINL INC. COM 866796105 416,999 835,410 SH   SOLE 0 835,410 0 0
SUNCOR ENERGY INC COM 867229106 27,021 588,316 SH   SOLE 0 588,316 0 0
SYMANTEC CORP. COM 871503108 2,615 101,955 SH   SOLE 0 101,955 0 0
TALISMAN ENERGY INC COM 87425E103 14,633 1,291,883 SH   SOLE 0 1,291,883 0 0
TECK RESOURCES LTD. CL B 878742204 12,042 609,270 SH   SOLE 0 609,270 0 0
TELUS CORP. NON -VTG 87971M202 14,330 274,845 SH   SOLE 0 274,845 0 0
TEVA PHARMACEUTICAL INDS LTD. ADR 881624209 3,087 53,670 SH   SOLE 0 53,670 0 0
THOMSON CREEK METALS CO INC COM 884768102 56 23,395 SH   SOLE 0 23,395 0 0
THOMSON REUTERS CORP COM 884903105 35,784 613,375 SH   SOLE 0 613,375 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 74,235 1,074,416 SH   SOLE 0 1,074,416 0 0
TOTAL S A SPON ADR 89151E109 3,319 64,815 SH   SOLE 0 64,815 0 0
UNILEVER PLC SPON ADR 904767704 271 6,700 SH   SOLE 0 6,700 0 0
VERIZON COMMUNICATIONS COM 92343V104 9,527 203,662 SH   SOLE 0 203,662 0 0
VODAFONE GROUP PLC SPON ADR 92857W209 2,653 77,650 SH   SOLE 0 77,650 0 0
WAL MART STORES INC COM 931142103 3,159 36,780 SH   SOLE 0 36,780 0 0
WALGREEN CO. COM 931422109 18,011 236,370 SH   SOLE 0 236,370 0 0
WELLS FARGO & CO NEW COM 949746101 14,216 259,320 SH   SOLE 0 259,320 0 0
ZIMMER HOLDINGS INC. COM 98956P102 8,140 71,765 SH   SOLE 0 71,765 0 0