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
3M CO COM 88579Y101 2,617 21,902 SH   DFND 1 21,902 0 0
ABBOTT LABS COM 002824100 1,894 57,015 SH   DFND 1 57,015 0 0
ABBVIE INC COM 00287Y109 3,634 81,179 SH   DFND 1 81,179 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 355 4,811 SH   DFND 1 4,811 0 0
AFLAC INC COM 001055102 1,394 22,471 SH   DFND 1 22,471 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 864 16,840 SH   DFND 1 16,840 0 0
AGNICO EAGLE MINES LTD COM 008474108 923 34,838 SH   DFND 1 34,838 0 0
AGRIUM INC COM 008916108 11,743 139,582 SH   DFND 1 139,582 0 0
AIR PRODS & CHEMS INC COM 009158106 458 4,292 SH   DFND 1 4,292 0 0
ALDERON IRON ORE CORP COM 01434T100 833 560,000 SH   DFND 1 560,000 0 0
ALTRIA GROUP INC COM 02209S103 580 16,882 SH   DFND 1 16,882 0 0
APPLE INC COM 037833100 3,836 8,039 SH   DFND 1 8,039 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 355 9,620 SH   DFND 1 9,620 0 0
AT&T INC COM 00206R102 951 28,091 SH   DFND 1 28,091 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 4,055 55,977 SH   DFND 1 55,977 0 0
BANK MONTREAL QUE COM 063671101 74,567 1,116,038 SH   DFND 1 1,116,038 0 0
BANK N S HALIFAX COM 064149107 83,661 1,459,102 SH   DFND 1 1,459,102 0 0
BANK OF AMERICA CORPORATION COM 060505104 2,283 165,273 SH   DFND 1 165,273 0 0
BARRICK GOLD CORP COM 067901108 6,575 352,741 SH   DFND 1 352,741 0 0
BAYTEX ENERGY CORP COM 07317Q105 4,694 113,619 SH   DFND 1 113,619 0 0
BCE INC COM NEW 05534B760 108,263 2,530,768 SH   DFND 1 2,530,768 0 0
BECTON DICKINSON & CO COM 075887109 2,942 29,386 SH   DFND 1 29,386 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 341 2 SH   DFND 1 2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 307 2,705 SH   DFND 1 2,705 0 0
BLACKBERRY LTD COM 09228F103 140 17,753 SH   DFND 1 17,753 0 0
BLACKROCK INC COM 09247X101 425 1,571 SH   DFND 1 1,571 0 0
BORGWARNER INC COM 099724106 680 6,700 SH   DFND 1 6,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 22,428 598,807 SH   DFND 1 598,807 0 0
BROOKFIELD CDA OFFICE PPTYS TR UNIT 112823109 1,036 40,545 SH   DFND 1 40,545 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 1,801 92,687 SH   DFND 1 92,687 0 0
CAE INC COM 124765108 1,283 117,024 SH   DFND 1 117,024 0 0
CAMECO CORP COM 13321L108 1,997 110,558 SH   DFND 1 110,558 0 0
CANADIAN NAT RES LTD COM 136385101 26,245 834,281 SH   DFND 1 834,281 0 0
CANADIAN NATL RY CO COM 136375102 82,917 817,486 SH   DFND 1 817,486 0 0
CANADIAN PAC RY LTD COM 13645T100 3,691 29,890 SH   DFND 1 29,890 0 0
CARDINAL HEALTH INC COM 14149Y108 903 17,295 SH   DFND 1 17,295 0 0
CATAMARAN CORP COM 148887102 4,194 91,193 SH   DFND 1 91,193 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 79,920 1,002,151 SH   DFND 1 1,002,151 0 0
CENOVUS ENERGY INC COM 15135U109 53,460 1,789,532 SH   DFND 1 1,789,532 0 0
CHEVRON CORP NEW COM 166764100 1,570 12,914 SH   DFND 1 12,914 0 0
CHUBB CORP COM 171232101 3,105 34,752 SH   DFND 1 34,752 0 0
CINCINNATI FINL CORP COM 172062101 1,095 23,200 SH   DFND 1 23,200 0 0
CISCO SYS INC COM 17275R102 3,749 159,963 SH   DFND 1 159,963 0 0
CITIGROUP INC COM NEW 172967424 3,467 71,405 SH   DFND 1 71,405 0 0
COCA COLA CO COM 191216100 363 9,570 SH   DFND 1 9,570 0 0
COLGATE PALMOLIVE CO COM 194162103 1,349 22,732 SH   DFND 1 22,732 0 0
COMCAST CORP NEW CL A 20030N101 1,490 32,978 SH   DFND 1 32,978 0 0
CONOCOPHILLIPS COM 20825C104 1,675 24,074 SH   DFND 1 24,074 0 0
CVS CAREMARK CORPORATION COM 126650100 3,089 54,379 SH   DFND 1 54,379 0 0
DANAHER CORP DEL COM 235851102 1,460 21,046 SH   DFND 1 21,046 0 0
DENISON MINES CORP COM 248356107 11 10,000 SH   DFND 1 10,000 0 0
DISNEY WALT CO COM DISNEY 254687106 307 4,760 SH   DFND 1 4,760 0 0
DOVER CORP COM 260003108 5,855 65,122 SH   DFND 1 65,122 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,390 40,774 SH   DFND 1 40,774 0 0
EMERSON ELEC CO COM 291011104 621 9,584 SH   DFND 1 9,584 0 0
ENBRIDGE INC COM 29250N105 100,219 2,397,168 SH   DFND 1 2,397,168 0 0
ENCANA CORP COM 292505104 26,977 1,559,511 SH   DFND 1 1,559,511 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 227 3,673 SH   DFND 1 3,673 0 0
EXXON MOBIL CORP COM 30231G102 4,785 55,564 SH   DFND 1 55,564 0 0
FACEBOOK INC CL A 30303M102 209 4,166 SH   DFND 1 4,166 0 0
FAMILY DLR STORES INC COM 307000109 2,206 30,610 SH   DFND 1 30,610 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 612 36,265 SH   DFND 1 36,265 0 0
FRANCO NEVADA CORP COM 351858105 3,636 80,071 SH   DFND 1 80,071 0 0
FRANKLIN RES INC COM 354613101 332 6,565 SH   DFND 1 6,565 0 0
GENERAL ELECTRIC CO COM 369604103 15,759 659,118 SH   DFND 1 659,118 0 0
GENERAL MTRS CO COM 37045V100 628 17,437 SH   DFND 1 17,437 0 0
GOLDCORP INC NEW COM 380956409 30,664 1,177,351 SH   DFND 1 1,177,351 0 0
GOOGLE INC CL A 38259P508 2,920 3,331 SH   DFND 1 3,331 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 362 10,075 SH   DFND 1 10,075 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 3,115 88,672 SH   DFND 1 88,672 0 0
HOME DEPOT INC COM 437076102 1,403 18,478 SH   DFND 1 18,478 0 0
HONEYWELL INTL INC COM 438516106 3,623 43,593 SH   DFND 1 43,593 0 0
ILLINOIS TOOL WKS INC COM 452308109 220 2,880 SH   DFND 1 2,880 0 0
IMPERIAL OIL LTD COM NEW 453038408 11,209 255,017 SH   DFND 1 255,017 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 7,729 41,701 SH   DFND 1 41,701 0 0
ISHARES MSCI EAFE ETF 464287465 288 4,509 SH   DFND 1 4,509 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 204 3,499 SH   DFND 1 3,499 0 0
JOHNSON & JOHNSON COM 478160104 15,448 178,052 SH   DFND 1 178,052 0 0
JPMORGAN CHASE & CO COM 46625H100 5,980 115,589 SH   DFND 1 115,589 0 0
KIMBERLY CLARK CORP COM 494368103 772 8,189 SH   DFND 1 8,189 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 598 8,160 SH   DFND 1 8,160 0 0
MAGNA INTL INC COM 559222401 32,755 396,762 SH   DFND 1 396,762 0 0
MANULIFE FINL CORP COM 56501R106 44,026 2,658,620 SH   DFND 1 2,658,620 0 0
MASCO CORP COM 574599106 579 27,200 SH   DFND 1 27,200 0 0
MCDONALDS CORP COM 580135101 8,243 85,609 SH   DFND 1 85,609 0 0
MEDTRONIC INC COM 585055106 1,394 26,162 SH   DFND 1 26,162 0 0
MERCK & CO INC NEW COM 58933Y105 2,967 62,274 SH   DFND 1 62,274 0 0
METLIFE INC COM 59156R108 259 5,520 SH   DFND 1 5,520 0 0
MICROSOFT CORP COM 594918104 6,589 197,646 SH   DFND 1 197,646 0 0
NOKIA CORP SPONSORED ADR 654902204 149 22,900 SH   DFND 1 22,900 0 0
NORFOLK SOUTHERN CORP COM 655844108 218 2,821 SH   DFND 1 2,821 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,819 19,431 SH   DFND 1 19,431 0 0
ORACLE CORP COM 68389X105 2,197 66,180 SH   DFND 1 66,180 0 0
PAYCHEX INC COM 704326107 2,798 68,800 SH   DFND 1 68,800 0 0
PEMBINA PIPELINE CORP COM 706327103 1,228 37,007 SH   DFND 1 37,007 0 0
PENGROWTH ENERGY CORP COM 70706P104 386 65,550 SH   DFND 1 65,550 0 0
PEPSICO INC COM 713448108 7,188 90,347 SH   DFND 1 90,347 0 0
PFIZER INC COM 717081103 12,916 449,261 SH   DFND 1 449,261 0 0
PHILIP MORRIS INTL INC COM 718172109 5,087 58,702 SH   DFND 1 58,702 0 0
POTASH CORP SASK INC COM 73755L107 34,062 1,088,163 SH   DFND 1 1,088,163 0 0
PPG INDS INC COM 693506107 628 3,757 SH   DFND 1 3,757 0 0
PRAXAIR INC COM 74005P104 3,155 26,225 SH   DFND 1 26,225 0 0
PROCTER & GAMBLE CO COM 742718109 9,522 125,863 SH   DFND 1 125,863 0 0
QUALCOMM INC COM 747525103 2,997 44,455 SH   DFND 1 44,455 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 71,750 1,667,003 SH   DFND 1 1,667,003 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 176,446 2,750,876 SH   DFND 1 2,750,876 0 0
RUBICON MINERALS CORP COM 780911103 19 15,000 SH   DFND 1 15,000 0 0
SCHLUMBERGER LTD COM 806857108 516 5,831 SH   DFND 1 5,831 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 48,204 2,073,620 SH   DFND 1 2,073,620 0 0
SIGMA ALDRICH CORP COM 826552101 337 3,943 SH   DFND 1 3,943 0 0
SIMON PPTY GROUP INC NEW COM 828806109 445 3,000 SH   DFND 1 3,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 21,556 168,028 SH   DFND 1 168,028 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,017 41,734 SH   DFND 1 41,734 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 743 10,769 SH   DFND 1 10,769 0 0
STANLEY BLACK & DECKER INC COM 854502101 1,016 11,214 SH   DFND 1 11,214 0 0
SUN LIFE FINL INC COM 866796105 32,880 1,028,361 SH   DFND 1 1,028,361 0 0
SUNCOR ENERGY INC NEW COM 867224107 75,552 2,110,830 SH   DFND 1 2,110,830 0 0
SWISHER HYGIENE INC COM 870808102 6 10,000 SH   DFND 1 10,000 0 0
TAHOE RES INC COM 873868103 222 12,300 SH   DFND 1 12,300 0 0
TALISMAN ENERGY INC COM 87425E103 6,680 581,489 SH   DFND 1 581,489 0 0
TARGET CORP COM 87612E106 4,014 62,682 SH   DFND 1 62,682 0 0
TECK RESOURCES LTD CL B 878742204 48,824 1,815,085 SH   DFND 1 1,815,085 0 0
TELUS CORP COM 87971M103 26,027 784,420 SH   DFND 1 784,420 0 0
TEXTRON INC COM 883203101 478 17,300 SH   DFND 1 17,300 0 0
THOMSON REUTERS CORP COM 884903105 55,525 1,586,198 SH   DFND 1 1,586,198 0 0
TIM HORTONS INC COM 88706M103 10,375 178,705 SH   DFND 1 178,705 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 201,836 2,239,502 SH   DFND 1 2,239,502 0 0
TRANSALTA CORP COM 89346D107 697 53,620 SH   DFND 1 53,620 0 0
TRANSCANADA CORP COM 89353D107 98,596 2,242,096 SH   DFND 1 2,242,096 0 0
UNION PAC CORP COM 907818108 1,462 9,407 SH   DFND 1 9,407 0 0
US BANCORP DEL COM NEW 902973304 2,713 74,113 SH   DFND 1 74,113 0 0
V F CORP COM 918204108 5,072 25,459 SH   DFND 1 25,459 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 8,477 81,221 SH   DFND 1 81,221 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,001 107,057 SH   DFND 1 107,057 0 0
VERMILION ENERGY INC COM 923725105 23,215 421,901 SH   DFND 1 421,901 0 0
VIACOM INC NEW CL B 92553P201 2,346 28,043 SH   DFND 1 28,043 0 0
WALGREEN CO COM 931422109 203 3,764 SH   DFND 1 3,764 0 0
WAL-MART STORES INC COM 931142103 2,090 28,238 SH   DFND 1 28,238 0 0
WELLS FARGO & CO NEW COM 949746101 8,537 206,433 SH   DFND 1 206,433 0 0
YAMANA GOLD INC COM 98462Y100 3,069 294,842 SH   DFND 1 294,842 0 0