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
ALGONQUIN POWER & UTILITIES COM 015857105 53,549 4,193,343 SH   SOLE   4,193,343 0 0
BANK OF NOVA SCOTIA COM 064149107 343,767 4,331,744 SH   SOLE   4,331,744 0 0
CAN IMPERIAL BK OF COMMERCE COM 136069101 397,060 3,491,559 SH   SOLE   3,491,559 0 0
CANADIAN NATL RAILWAY CO COM 136375102 219,041 2,326,262 SH   SOLE   2,326,262 0 0
CANADIAN NATURAL RESOURCES COM 136385101 282,146 6,966,558 SH   SOLE   6,966,558 0 0
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 212,383 934,786 SH   SOLE   934,786 0 0
CENOVUS ENERGY INC COM 15135U109 177,487 16,179,306 SH   SOLE   16,179,306 0 0
ENBRIDGE INC COM 29250N105 166,252 4,102,965 SH   SOLE   4,102,965 0 0
FORTIS INC COM 349553107 233,294 5,364,313 SH   SOLE   5,364,313 0 0
MAXAR TECHNOLOGIES LTD COM 57778L103 207,467 3,482,163 SH   SOLE   3,482,163 0 0
NUTRIEN LTD COM 67077M108 200,320 3,289,867 SH   SOLE   3,289,867 0 0
OPEN TEXT CORP COM 683715106 231,501 5,165,133 SH   SOLE   5,165,133 0 0
PEMBINA PIPELINE CORP COM 706327103 60 1,500 SH   SOLE   1,500 0 0
RESTAURANT BRANDS INTERN COM 76131D103 11 150 SH   SOLE   150 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 67,903 1,676,621 SH   SOLE   1,676,621 0 0
STANTEC INC COM 85472N109 117,963 3,710,692 SH   SOLE   3,710,692 0 0
SUNCOR ENERGY INC COM 867224107 188,746 4,242,446 SH   SOLE   4,242,446 0 0
TORONTO-DOMINION BANK COM 891160509 274,920 3,760,359 SH   SOLE   3,760,359 0 0