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
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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
Accenture PLC SPONSORED ADR G1151C101 496 5,125 SH   SOLE   5,125 0 0
Agrium Inc. COM 008916108 49,586 467,310 SH   SOLE   467,310 0 0
Bank of Montreal COM 063671101 54,123 912,239 SH   SOLE   912,239 0 0
Bank of Nova Scotia COM 064149107 55,962 1,082,825 SH   SOLE   1,082,825 0 0
Baytex Energy Corp. COM 07317Q105 7,625 489,500 SH   SOLE   489,500 0 0
BCE Inc. COM 05534B760 43,018 1,011,316 SH   SOLE   1,011,316 0 0
Becton Dickinson and Co. COM 075887109 11,946 84,332 SH   SOLE   84,332 0 0
BHP Billiton Ltd. ADR SPONSORED ADR 088606108 3,184 78,205 SH   SOLE   78,205 0 0
Canadian Imperial Bank of Comm COM 136069101 55,250 748,583 SH   SOLE   745,583 0 0
Canadian National Railway Co. COM 136375102 271 4,690 SH   SOLE   4,690 0 0
Canadian Natural Resources Ltd COM 136385101 42,815 1,575,464 SH   SOLE   1,575,464 0 0
Cenovus Energy Inc. COM 15135U109 41,235 2,575,683 SH   SOLE   2,575,683 0 0
Cisco Systems Inc. COM 17275R102 11,744 427,671 SH   SOLE   427,671 0 0
Deere & Co. COM 244199105 11,934 122,972 SH   SOLE   122,972 0 0
General Electric Co. COM 369604103 12,240 460,670 SH   SOLE   460,670 0 0
General Mills Inc. COM 370334104 11,699 209,964 SH   SOLE   209,964 0 0
Granite Real Estate Investment UNIT 387437114 1,566 45,475 SH   SOLE   45,475 0 0
Honeywell International Inc. COM 438516106 11,801 115,735 SH   SOLE   115,735 0 0
Intel Corporation COM 458140100 11,219 368,860 SH   SOLE   368,860 0 0
Johnson & Johnson COM 478160104 11,453 117,513 SH   SOLE   117,513 0 0
Microsoft Corp. COM 594918104 11,888 269,260 SH   SOLE   269,260 0 0
NextEra Energy Inc. COM 65339F101 344 3,510 SH   SOLE   3,510 0 0
Novartis AG ADR SPONSORED ADR 66987V109 5,033 51,180 SH   SOLE   51,180 0 0
Oracle Corp COM 68389X105 10,718 265,943 SH   SOLE   265,943 0 0
PNC Financial Services Group I COM 693475105 12,867 134,526 SH   SOLE   134,526 0 0
Potash Corp of Saskatchewan In COM 73755L107 42,376 1,366,657 SH   SOLE   1,366,657 0 0
Quest Diagnostics Inc. COM 74834L100 1,305 18,000 SH   SOLE   18,000 0 0
Rio Tinto PLC ADR SPONSORED ADR 767204100 1,273 30,900 SH   SOLE   30,900 0 0
Royal Bank of Canada COM 780087102 60,136 982,141 SH   SOLE   982,141 0 0
Sanofi ADR SPONSORED ADR 80105N105 399 8,050 SH   SOLE   8,050 0 0
SAP SE ADR SPONSORED ADR 803054204 1,189 16,925 SH   SOLE   16,925 0 0
Sun Life Financial Inc. COM 866796105 42,456 1,270,068 SH   SOLE   1,270,068 0 0
Suncor Energy Inc. COM 867224107 45,460 1,648,559 SH   SOLE   1,648,559 0 0
SunTrust Banks Inc. COM 867914103 9,907 230,285 SH   SOLE   230,285 0 0
TELUS Corp. COM 87971M103 48,214 1,397,764 SH   SOLE   1,397,764 0 0
The JM Smucker Co. COM 832696405 7,234 66,730 SH   SOLE   66,730 0 0
Toronto-Dominion Bank COM 891160509 60,102 1,413,503 SH   SOLE   1,413,503 0 0
TransCanada Corp. COM 89353D107 33,297 818,298 SH   SOLE   818,298 0 0
Unilever PLC ADR SPONSORED ADR 904767704 2,678 62,345 SH   SOLE   62,345 0 0
United Technologies Corp. COM 913017109 10,784 97,210 SH   SOLE   97,210 0 0
US Bancorp COM 902973304 11,935 275,002 SH   SOLE   275,002 0 0
Verizon Communications Inc. COM 92343V104 11,026 236,550 SH   SOLE   236,550 0 0
Vermilion Energy Inc. COM 923725105 27,684 640,125 SH   SOLE   640,125 0 0
Wells Fargo & Co. COM 949746101 13,256 235,697 SH   SOLE   235,697 0 0