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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101   10,692 114,210 SH   SOLE   114,210 0 0
AFLAC INC COM 001055102   3,606 46,980 SH   SOLE   46,980 0 0
AGNICO EAGLE MINES LTD COM 008474108   13,211 289,391 SH   SOLE   289,391 0 0
ALGONQUIN POWER & UTILITIES COM 015857105   794 133,510 SH   SOLE   133,510 0 0
ALIBABA GROUP HOLDING-SP ADR COM 01609W102   6,946 80,077 SH   SOLE   80,077 0 0
ALPHABET INC-CL A COM 02079K305   23,709 181,180 SH   SOLE   181,180 0 0
AMAZON.COM INC COM 023135106   12,165 95,700 SH   SOLE   95,700 0 0
AMERICAN EXPRESS CO COM 025816109   1,762 11,810 SH   SOLE   11,810 0 0
AUTOZONE INC COM 053332102   7,633 3,005 SH   SOLE   3,005 0 0
BANK OF AMERICA CORP COM 060505104   12,479 455,765 SH   SOLE   455,765 0 0
BANK OF NOVA SCOTIA COM 064149107   17,847 396,345 SH   SOLE   396,345 0 0
BANK OZK COM 06417N103   8,002 215,870 SH   SOLE   215,870 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702   3,894 11,116 SH   SOLE   11,116 0 0
BOSTON BEER COMPANY INC-A COM 100557107   8,601 22,080 SH   SOLE   22,080 0 0
BROOKFIELD CORP COM 11271J107   20,655 657,556 SH   SOLE   657,556 0 0
C.H. ROBINSON WORLDWIDE INC COM 12541W209   1,973 22,910 SH   SOLE   22,910 0 0
CANADIAN NATL RAILWAY CO COM 136375102   38,228 351,379 SH   SOLE   351,379 0 0
CANADIAN NATURAL RESOURCES COM 136385101   27,117 417,378 SH   SOLE   417,378 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   18,073 242,028 SH   SOLE   242,028 0 0
CENTENE CORP COM 15135B101   18,730 271,927 SH   SOLE   271,927 0 0
CGI INC COM 12532H104   67,629 682,966 SH   SOLE   682,966 0 0
CHEVRON CORP COM 166764100   3,999 23,717 SH   SOLE   23,717 0 0
CUMMINS INC COM 231021106   4,662 20,405 SH   SOLE   20,405 0 0
CURTISS-WRIGHT CORP COM 231561101   781 3,990 SH   SOLE   3,990 0 0
DARDEN RESTAURANTS INC COM 237194105   5,189 36,232 SH   SOLE   36,232 0 0
ENBRIDGE INC COM 29250N105   39,951 1,198,971 SH   SOLE   1,198,971 0 0
EOG RESOURCES INC COM 26875P101   8,011 63,200 SH   SOLE   63,200 0 0
EXXON MOBIL CORP COM 30231G102   5,071 43,131 SH   SOLE   43,131 0 0
FORTIS INC COM 349553107   32,835 860,498 SH   SOLE   860,498 0 0
HOME DEPOT INC COM 437076102   3,323 10,997 SH   SOLE   10,997 0 0
HORMEL FOODS CORP COM 440452100   12,006 315,710 SH   SOLE   315,710 0 0
IMPERIAL OIL LTD COM 453038408   32,674 528,035 SH   SOLE   528,035 0 0
JOHNSON & JOHNSON COM 478160104   11,026 70,790 SH   SOLE   70,790 0 0
JPMORGAN CHASE & CO COM 46625H100   6,475 44,650 SH   SOLE   44,650 0 0
LENNOX INTERNATIONAL INC COM 526107107   11,413 30,479 SH   SOLE   30,479 0 0
MAGNA INTERNATIONAL INC COM 559222401   29,446 546,924 SH   SOLE   546,924 0 0
MCKESSON CORP COM 58155Q103   3,448 7,929 SH   SOLE   7,929 0 0
MERCK & CO. INC. COM 58933Y105   4,397 42,712 SH   SOLE   42,712 0 0
METHODE ELECTRONICS INC COM 591520200   144 6,300 SH   SOLE   6,300 0 0
MICRON TECHNOLOGY INC COM 595112103   13,794 202,760 SH   SOLE   202,760 0 0
NATIONAL RESEARCH CORP COM 637372202   20,018 451,150 SH   SOLE   451,150 0 0
NETFLIX INC COM 64110L106   6,578 17,420 SH   SOLE   17,420 0 0
NOVO-NORDISK A/S-SPONS ADR COM 670100205   6,392 70,284 SH   SOLE   70,284 0 0
NUTRIEN LTD COM 67077M108   22,996 370,655 SH   SOLE   370,655 0 0
NV5 GLOBAL INC COM 62945V109   419 4,350 SH   SOLE   4,350 0 0
ORACLE CORP COM 68389X105   5,142 48,545 SH   SOLE   48,545 0 0
PACCAR INC COM 693718108   6,402 75,295 SH   SOLE   75,295 0 0
PEPSICO INC COM 713448108   3,715 21,925 SH   SOLE   21,925 0 0
RB GLOBAL INC COM 74935Q107   21,430 340,710 SH   SOLE   340,710 0 0
ROSS STORES INC COM 778296103   10,457 92,580 SH   SOLE   92,580 0 0
ROYAL BANK OF CANADA COM 780087102   52,237 594,987 SH   SOLE   594,987 0 0
SITIO ROYALTIES CORP-A COM 82983N108   1,039 42,906 SH   SOLE   42,906 0 0
STANTEC INC COM 85472N109   17,609 270,145 SH   SOLE   270,145 0 0
STARBUCKS CORP COM 855244109   12,409 135,960 SH   SOLE   135,960 0 0
SUN LIFE FINANCIAL INC COM 866796105   54,940 1,120,851 SH   SOLE   1,120,851 0 0
TC ENERGY CORP COM 87807B107   32,271 934,078 SH   SOLE   934,078 0 0
TELUS INTERNATIONAL CDA INC COM 87975H100   10,384 1,359,092 SH   SOLE   1,359,092 0 0
TFI INTERNATIONAL INC COM 87241L109   41,028 317,989 SH   SOLE   317,989 0 0
THOR INDUSTRIES INC COM 885160101   5,303 55,746 SH   SOLE   55,746 0 0
UNILEVER PLC-SPONSORED ADR COM 904767704   15,940 322,674 SH   SOLE   322,674 0 0
UNION PACIFIC CORP COM 907818108   6,936 34,061 SH   SOLE   34,061 0 0
UNITEDHEALTH GROUP INC COM 91324P102   27,314 54,174 SH   SOLE   54,174 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   10,379 320,250 SH   SOLE   320,250 0 0
WALT DISNEY CO/THE COM 254687106   9,303 114,780 SH   SOLE   114,780 0 0
WELLS FARGO & CO COM 949746101   11,090 271,407 SH   SOLE   271,407 0 0