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$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
American Int'l Group CS 026874784 8,154 150,950 SH   SOLE   150,950 0 0
Apple Inc. CS 037833100 15,273 151,598 SH   SOLE   151,598 0 0
Bank of Montreal CS 063671101 544 7,390 SH   SOLE   7,390 0 0
Bank of Nova Scotia CS 064149107 12,729 205,819 SH   SOLE   205,819 0 0
BCE Inc. CS 05534B760 10,506 245,708 SH   SOLE   245,708 0 0
Bed Bath and Beyond Inc CS 075896100 5,547 84,260 SH   SOLE   84,260 0 0
Brookfield Asset Management CS 112585104 12,801 285,130 SH   SOLE   285,130 0 0
Brookfield Infrast. Partners LP C$ CS G16252101 11,711 307,929 SH   SOLE   307,929 0 0
C.R. Bard Inc. CS 067383109 9,290 65,100 SH   SOLE   65,100 0 0
Canadian National Railway CS 136375102 319 4,500 SH   SOLE   4,500 0 0
Canadian Natural Resources CS 136385101 6,636 170,824 SH   SOLE   170,824 0 0
CSX Corp CS 126408103 7,053 220,000 SH   SOLE   220,000 0 0
DIRECTV CS 25490A309 7,017 81,100 SH   SOLE   81,100 0 0
Dr Pepper Snapple Group CS 26138E109 5,765 89,650 SH   SOLE   89,650 0 0
Enbridge Inc. CS 29250N105 335 7,000 SH   SOLE   7,000 0 0
Energizer Holdings Inc CS 29266R108 5,366 43,550 SH   SOLE   43,550 0 0
General Motors Company CS 37045V100 8,310 260,185 SH   SOLE   260,185 0 0
Goldman Sachs Group Inc CS 38141G104 7,094 38,645 SH   SOLE   38,645 0 0
JP Morgan Chase & Co CS 46625H100 10,450 173,478 SH   SOLE   173,478 0 0
Magna International Cl A CS 559222401 9,971 105,058 SH   SOLE   105,058 0 0
Methanex Corp. CS 59151K108 8,644 129,503 SH   SOLE   129,503 0 0
Microsoft Corp. CS 594918104 7,657 165,157 SH   SOLE   165,157 0 0
Molson Coors Brewing Cls. B U$ CS 60871R209 6,964 93,461 SH   SOLE   93,461 0 0
Neenah Paper CS 640079109 3,239 60,560 SH   SOLE   60,560 0 0
Oracle CS 68389X105 9,615 251,187 SH   SOLE   251,187 0 0
Pembina Pipeline Corp CS 706327103 10,434 247,691 SH   SOLE   247,691 0 0
Progressive Waste Solutions CS 74339G101 7,493 291,301 SH   SOLE   291,301 0 0
Qualcomm Inc CS 747525103 7,350 98,300 SH   SOLE   98,300 0 0
Rogers Communications Inc. Cls B CS 775109200 9,796 261,738 SH   SOLE   261,738 0 0
Royal Bank of Canada CS 780087102 2,766 38,701 SH   SOLE   38,701 0 0
Suncor Energy CS 867224107 7,412 204,825 SH   SOLE   204,825 0 0
Telus Corp. CS 87971M103 7,443 217,995 SH   SOLE   217,995 0 0
Teva Pharmaceuticals CS 881624209 4,383 81,545 SH   SOLE   81,545 0 0
Toronto Dominion Bank CS 891160509 9,202 186,484 SH   SOLE   186,484 0 0
TransCanada Corp. CS 89353D107 8,031 155,952 SH   SOLE   155,952 0 0
Viacom Inc CS 92553P201 8,457 109,915 SH   SOLE   109,915 0 0
Visa Inc. Cls A CS 92826C839 5,671 26,576 SH   SOLE   26,576 0 0
Wells Fargo Co. CS 949746101 328 6,329 SH   SOLE   6,329 0 0
Zimmer Holdings Inc. CS 98956P102 8,207 81,625 SH   SOLE   81,625 0 0