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
Agnico-Eagle Mines Ltd. COM 008474108 243 5,305 SH   SOLE   5,305 0 0
AbbVie Inc. COM 00287Y109 25,099 163,872 SH   SOLE   163,872 0 0
Alphabet Inc. - CL A COM 02079K305 41 19 SH   SOLE   19 0 0
Amazon.com Inc. COM 023135106 45 420 SH   SOLE   420 0 0
Amgen Inc. COM 031162100 584 2,400 SH   SOLE   2,400 0 0
Apple Inc. COM 037833100 203 1,485 SH   SOLE   1,485 0 0
Applied Materials Inc. COM 038222105 18,479 203,115 SH   SOLE   203,115 0 0
Autodesk Inc. COM 052769106 8 46 SH   SOLE   46 0 0
Bank of America Corp. COM 060505104 21,138 679,027 SH   SOLE   679,027 0 0
Bank of Montreal COM 063671101 114,261 1,188,336 SH   SOLE   1,188,336 0 0
Bank of Nova Scotia COM 064149107 107,359 1,814,206 SH   SOLE   1,814,206 0 0
BCE Inc. COM 05534B760 5,076 103,275 SH   SOLE   103,275 0 0
Becton Dickinson and Co. COM 075887109 433 1,755 SH   SOLE   1,755 0 0
Bristol-Myers Squibb Co. COM 110122108 978 12,700 SH   SOLE   12,700 0 0
Broadcom Ltd. COM 11135F101 15,048 30,975 SH   SOLE   30,975 0 0
Brookfield Infrastructure Corp COM 11275Q107 3 63 SH   SOLE   63 0 0
Brookfield Infrastructure Part COM G16252101 63 1,639 SH   SOLE   1,639 0 0
Canadian Imperial Bank of Commerce COM 136069101 102,105 2,102,745 SH   SOLE   2,102,745 0 0
Canadian National Railway Co. COM 136375102 41,826 371,878 SH   SOLE   371,878 0 0
Canadian Natural Resources Ltd COM 136385101 73 1,357 SH   SOLE   1,357 0 0
Canadian Pacific Railway Ltd. COM 13645T100 85,013 1,217,220 SH   SOLE   1,217,220 0 0
Cenovus Energy Inc. COM 15135U109 2 98 SH   SOLE   98 0 0
Cisco Systems Inc. COM 17275R102 22,192 520,442 SH   SOLE   520,442 0 0
Comcast Corp. Class A COM 20030N101 23,053 587,477 SH   SOLE   587,477 0 0
Cummins Inc. COM 231021106 20,987 108,442 SH   SOLE   108,442 0 0
CVS Health Corp. COM 126650100 28,326 305,693 SH   SOLE   305,693 0 0
Digital Realty Trust Inc. COM 253868103 19,819 152,651 SH   SOLE   152,651 0 0
Embecta Corp. COM 29082K105 1 52 SH   SOLE   52 0 0
Enbridge Inc. COM 29250N105 105,444 2,497,101 SH   SOLE   2,497,101 0 0
Fiserv Inc. COM 337738108 7 75 SH   SOLE   75 0 0
Fortis Inc./Canada COM 349553107 655 13,865 SH   SOLE   13,865 0 0
Gildan Activewear Inc. COM 375916103 14,225 494,250 SH   SOLE   494,250 0 0
Gilead Sciences Inc. COM 375558103 10,912 176,540 SH   SOLE   176,540 0 0
Global Payments Inc. COM 37940X102 10,588 95,701 SH   SOLE   95,701 0 0
Granite Real Estate Investment COM 387437114 18,446 300,770 SH   SOLE   300,770 0 0
Home Depot Inc./The COM 437076102 7 25 SH   SOLE   25 0 0
Honeywell International Inc. COM 438516106 18,604 107,035 SH   SOLE   107,035 0 0
Intel Corp. COM 458140100 56 1,500 SH   SOLE   1,500 0 0
Johnson & Johnson COM 478160104 46 260 SH   SOLE   260 0 0
JPMorgan Chase & Co. COM 46625H100 22,167 196,846 SH   SOLE   196,846 0 0
Kroger Co/The COM 501044101 521 11,000 SH   SOLE   11,000 0 0
Magna International Inc. COM 559222401 22 395 SH   SOLE   395 0 0
Manulife Financial Corp. COM 56501R106 94,184 5,432,152 SH   SOLE   5,432,152 0 0
Medtronic PLC SPONSORED ADR 00BTN1Y11 14,103 157,141 SH   SOLE   157,141 0 0
Merck & Co. Inc. COM 58933Y105 34,988 383,766 SH   SOLE   383,766 0 0
Meta Platforms Inc. COM 30303M102 6 38 SH   SOLE   38 0 0
Microsoft Corp. COM 594918104 371 1,443 SH   SOLE   1,443 0 0
Newmont Goldcorp Corp. COM 651639106 4 59 SH   SOLE   59 0 0
Novartis AG ADR SPONSORED ADR 66987V109 1,975 23,370 SH   SOLE   23,370 0 0
Nutrien Ltd. COM 67077M108 13,145 165,075 SH   SOLE   165,075 0 0
Oracle Corp COM 68389X105 22,907 327,854 SH   SOLE   327,854 0 0
Organon & Co. COM 68622V106 1 28 SH   SOLE   28 0 0
PayPal Holdings Inc. COM 70450Y103 5 66 SH   SOLE   66 0 0
Pembina Pipeline Corp. COM 706327103 111,735 3,161,325 SH   SOLE   3,161,325 0 0
Pfizer Inc. COM 717081103 941 17,950 SH   SOLE   17,950 0 0
PNC Financial Services Group I COM 693475105 600 3,800 SH   SOLE   3,800 0 0
Roche Holdings Ltd. - ADR SPONSORED ADR 771195104 15,810 379,040 SH   SOLE   379,040 0 0
Rogers Communications Inc. - C COM 775109200 3,368 70,297 SH   SOLE   70,297 0 0
Royal Bank of Canada COM 780087102 116,664 1,204,953 SH   SOLE   1,204,953 0 0
SAP SE ADR SPONSORED ADR 803054204 13,799 152,109 SH   SOLE   152,109 0 0
Shaw Communications Inc. Class COM 82028K200 621 21,076 SH   SOLE   21,076 0 0
Sony Group Corp. - SP ADR SPONSORED ADR 835699307 23,863 291,833 SH   SOLE   291,833 0 0
Stanley Black & Decker Inc. COM 854502101 18,491 176,342 SH   SOLE   176,342 0 0
Sun Life Financial Inc. COM 866796105 27,219 594,098 SH   SOLE   594,098 0 0
Suncor Energy Inc. COM 867224107 141,767 4,041,225 SH   SOLE   4,041,225 0 0
TC Energy Corp. COM 87807B107 105,105 2,029,183 SH   SOLE   2,029,183 0 0
Teck Resources Ltd. COM 878742204 9 308 SH   SOLE   308 0 0
TELUS Corp. COM 87971M103 66 2,950 SH   SOLE   2,950 0 0
Texas Instruments Inc COM 882508104 124 805 SH   SOLE   805 0 0
Toronto-Dominion Bank COM 891160509 115,668 1,764,049 SH   SOLE   1,764,049 0 0
Unilever PLC ADR SPONSORED ADR 904767704 15,036 328,077 SH   SOLE   328,077 0 0
UnitedHealth Group Inc. COM 91324P102 16,990 33,079 SH   SOLE   33,079 0 0
US Bancorp COM 902973304 1,969 42,786 SH   SOLE   42,786 0 0
Verizon Communications Inc. COM 92343V104 1,255 24,724 SH   SOLE   24,724 0 0
VF Corporation COM 918204108 22,330 505,552 SH   SOLE   505,552 0 0
Walgreen Boots Alliance Inc. COM 931427108 15 400 SH   SOLE   400 0 0
Wells Fargo & Co. COM 949746101 20,484 522,950 SH   SOLE   522,950 0 0