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
AGRIUM INC. Common 008916108 34,412 354,140 SH   SOLE NONE 354,140 0 0
BANK OF NOVA SCOTIA Common 064149107 164,058 2,469,642 SH   SOLE NONE 2,469,642 0 0
BAYTEX ENERGY CORPORATION Common 07317Q105 13,061 313,668 SH   SOLE NONE 313,668 0 0
CAE INC. Common 124765108 54,678 4,047,201 SH   SOLE NONE 4,047,201 0 0
CANADIAN NATIONAL RAILWAY CO Common 136375102 71,991 1,188,762 SH   SOLE NONE 1,188,762 0 0
CANADIAN NATURAL RESOURCES Common 136385101 118,903 3,308,384 SH   SOLE NONE 3,308,384 0 0
CELESTICA INC. Common 15101Q108 23,572 2,315,183 SH   SOLE NONE 2,315,183 0 0
CORUS ENTERTAINMENT INC. Common 220874101 271 10,540 SH   SOLE NONE 10,540 0 0
ENCANA CORPORATION Common 292505104 14,523 757,194 SH   SOLE NONE 757,194 0 0
ENBRIDGE INC Common 29250N105 28,754 619,571 SH   SOLE NONE 619,571 0 0
GENWORTH MI CANADA INC. Common 37252B102 28,357 400,519 SH   SOLE NONE 400,519 0 0
GOLDCORP INC Common 380956409 84,405 3,663,405 SH   SOLE NONE 3,663,405 0 0
MAGNA INTERNATIONAL CLASS A Class A 559222401 102,879 1,818,157 SH   SOLE NONE 1,818,157 0 0
MANULIFE FINANCIAL CORP Common 56501R106 87,064 4,153,838 SH   SOLE NONE 4,153,838 0 0
OPEN TEXT CORP Common 683715106 60,426 618,424 SH   SOLE NONE 618,424 0 0
POTASH CORP Common 73755L107 55,549 1,586,199 SH   SOLE NONE 1,586,199 0 0
PRECISION DRILLING TRUST UNIT Common 740215108 65,778 6,617,552 SH   SOLE NONE 6,617,552 0 0
ROYAL BANK OF CANADA Common 780087102 240,724 3,371,019 SH   SOLE NONE 3,371,019 0 0
SHAW COMMUNICATIONS INC B Class B 82028K200 54,824 2,120,862 SH   SOLE NONE 2,120,862 0 0
SUNCOR ENERGY INC Common 867224107 156,937 4,214,193 SH   SOLE NONE 4,214,193 0 0
TECK RESOURCES LTD. CLASS B class B 878742204 137,606 4,976,713 SH   SOLE NONE 4,976,713 0 0
THOMSON REUTERS COPR Common 884903105 107,452 2,674,940 SH   SOLE NONE 2,674,940 0 0
TORONTO-DOMINION BANK Common 891160509 268,055 2,677,607 SH   SOLE NONE 2,677,607 0 0
ACCENTURE PLC - CL A Class A G1151C101 198 2,413 SH   SOLE NONE 2,413 0 0
AFLAC INC Common 001055102 59,331 888,189 SH   SOLE NONE 888,189 0 0
AMERICAN ELECTRIC POWER Common 025537101 90 1,921 SH   SOLE NONE 1,921 0 0
AMERICAN INTERNATIONAL GROUP Common 026874784 47,418 928,854 SH   SOLE NONE 928,854 0 0
ANADARKO PETROLEUM CORP Common 032511107 44,537 561,485 SH   SOLE NONE 561,485 0 0
APACHE CORP Common 037411105 32,785 381,483 SH   SOLE NONE 381,483 0 0
APPLIED MATERIALS INC Common 038222105 34,770 1,966,611 SH   SOLE NONE 1,966,611 0 0
AUTOMATIC DATA PROCESSING Common 053015103 65 800 SH   SOLE NONE 800 0 0
BLACKROCK INC Common 09247X101 200 633 SH   SOLE NONE 633 0 0
BOEING CO Common 097023105 58,720 430,218 SH   SOLE NONE 430,218 0 0
CADENCE DESIGN SYSTEMS INC. Common 127387108 8,714 621,509 SH   SOLE NONE 621,509 0 0
CAPITAL ONE FINANCIAL CORP Common 14040H105 35,383 461,865 SH   SOLE NONE 461,865 0 0
CHECK POINT SOFTWARE TECHNOLOGIES LTD. Common M22465104 34,872 540,660 SH   SOLE NONE 540,660 0 0
CHESAPEAKE ENERGY CORPORATION Common 165167107 27,625 1,017,877 SH   SOLE NONE 1,017,877 0 0
CHEVRON CORPORATION Common 166764100 181 1,452 SH   SOLE NONE 1,452 0 0
CISCO SYSTEMS INC Common 17275R102 49,330 2,199,282 SH   SOLE NONE 2,199,282 0 0
CITIGROUP INC. Common 172967424 51,159 981,747 SH   SOLE NONE 981,747 0 0
CORNING INC Common 219350105 47,519 2,666,623 SH   SOLE NONE 2,666,623 0 0
DEERE & CO. Common 244199105 4,323 47,333 SH   SOLE NONE 47,333 0 0
DOW CHEMICAL Common 260543103 47,932 1,079,555 SH   SOLE NONE 1,079,555 0 0
DR. PEPPER SNAPPLE GROUP INC. Common 26138E109 184 3,773 SH   SOLE NONE 3,773 0 0
FLUOR CORP Common 343412102 43,476 541,482 SH   SOLE NONE 541,482 0 0
FORD MOTOR CO Common 345370860 29,230 1,894,352 SH   SOLE NONE 1,894,352 0 0
GARMIN LTD Common H2906T109 51,527 1,115,546 SH   SOLE NONE 1,115,546 0 0
GOLDCORP INC. Common 380956409 6,774 312,585 SH   SOLE NONE 312,585 0 0
GOLDMAN SACHS GROUP INC Common 38141G104 69,476 391,942 SH   SOLE NONE 391,942 0 0
GOOGLE INC CLASS A Class A 38259P508 52,518 46,861 SH   SOLE NONE 46,861 0 0
HARMAN INTERNATIONAL Common 413086109 33,308 406,940 SH   SOLE NONE 406,940 0 0
INTEL CORP Common 458140100 69,164 2,664,776 SH   SOLE NONE 2,664,776 0 0
JOHNSON & JOHNSON Common 478160104 68,729 750,397 SH   SOLE NONE 750,397 0 0
JOHNSON CONTROLS INC Common 478366107 32,534 634,189 SH   SOLE NONE 634,189 0 0
JPMORGAN CHASE & CO Common 46625H100 42,645 729,231 SH   SOLE NONE 729,231 0 0
LOCKHEED MARTIN CORP Common 539830109 207 1,393 SH   SOLE NONE 1,393 0 0
MICROSOFT CORPORATION Common 594918104 72,377 1,934,684 SH   SOLE NONE 1,934,684 0 0
NORFOLK SOUTHERN CORP Common 655844108 56,967 613,668 SH   SOLE NONE 613,668 0 0
NORTEL NETWORKS CORP Common 656568508 0 28 SH   SOLE NONE 28 0 0
NUVEEN ARIZONA MUNICIPAL BOND FUND Common 67065L401 197 19,249 SH   SOLE NONE 19,249 0 0
ORACLE CORP Common 68389X105 27,456 717,619 SH   SOLE NONE 717,619 0 0
PFIZER INC Common 717081103 186 6,087 SH   SOLE NONE 6,087 0 0
PRINCIPAL HIGH YIELD FUND Common 74255L845 224 28,930 SH   SOLE NONE 28,930 0 0
PROCTER & GAMBLE Common 742718109 35,043 430,445 SH   SOLE NONE 430,445 0 0
PROSHARES ULTRA MSCI JAPAN Common 74347X708 9 100 SH   SOLE NONE 100 0 0
ROYAL DUTCH SHELL PLC-ADR ADR 780259107 194 2,585 SH   SOLE NONE 2,585 0 0
SANDISK CORPORATION Common 80004C101 27,406 388,512 SH   SOLE NONE 388,512 0 0
SANDRIDGE ENERGY INC. Common 80007P307 3 500 SH   SOLE NONE 500 0 0
SCHLUMBERGER LTD Common 806857108 84,739 940,399 SH   SOLE NONE 940,399 0 0
STAPLES INC Common 855030102 43,245 2,721,518 SH   SOLE NONE 2,721,518 0 0
STATE STREET CORP Common 857477103 42,935 585,028 SH   SOLE NONE 585,028 0 0
SUNCOR ENERGY INC Common 867224107 40,116 1,144,534 SH   SOLE NONE 1,144,534 0 0
TARGET CORP Common 87612E106 4,402 69,578 SH   SOLE NONE 69,578 0 0
THE WALT DISNEY CO. Common 254687106 22,560 295,289 SH   SOLE NONE 295,289 0 0
THERMO FISHER SCIENTIFIC INC. Common 883556102 37,279 334,790 SH   SOLE NONE 334,790 0 0
UNITED PARCEL SVC-CL B Class B 911312106 201 1,909 SH   SOLE NONE 1,909 0 0
UNITED RENTALS INC. Common 911363109 23,907 306,701 SH   SOLE NONE 306,701 0 0
UNITEDHEALTH GROUP INC. Common 91324P102 54,098 718,439 SH   SOLE NONE 718,439 0 0
VANGUARD INTM TERM INV G-ADM Common 922031810 204 21,048 SH   SOLE NONE 21,048 0 0
VANGUARD INTRM TRM BOND INDEX Common 921937306 599 53,901 SH   SOLE NONE 53,901 0 0
VANGUARD MSCI EAFE ETF Common 921943858 137 3,275 SH   SOLE NONE 3,275 0 0
WAL-MART STORES INC Common 931142103 180 2,292 SH   SOLE NONE 2,292 0 0
WELLS FARGO & COMPANY Common 949746101 38,627 850,809 SH   SOLE NONE 850,809 0 0