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   10,884 102,610 SH   SOLE   102,610 0 0
AFLAC INC COM 001055102   3,852 44,860 SH   SOLE   44,860 0 0
ALIBABA GROUP HOLDING-SP ADR COM 01609W102   6,799 93,957 SH   SOLE   93,957 0 0
ALPHABET INC-CL A COM 02079K305   26,906 178,270 SH   SOLE   178,270 0 0
AMAZON.COM INC COM 023135106   16,193 89,770 SH   SOLE   89,770 0 0
AMERICAN EXPRESS CO COM 025816109   2,575 11,310 SH   SOLE   11,310 0 0
AUTOZONE INC COM 053332102   9,313 2,955 SH   SOLE   2,955 0 0
BANK OF AMERICA CORP COM 060505104   16,941 446,765 SH   SOLE   446,765 0 0
BANK OF NOVA SCOTIA COM 064149107   15,038 290,434 SH   SOLE   290,434 0 0
BANK OZK COM 06417N103   9,734 214,130 SH   SOLE   214,130 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702   4,481 10,656 SH   SOLE   10,656 0 0
BOSTON BEER COMPANY INC-A COM 100557107   6,335 20,810 SH   SOLE   20,810 0 0
BROOKFIELD ASSET MGMT-A COM 113004105   23,637 562,162 SH   SOLE   562,162 0 0
BROOKFIELD CORP COM 11271J107   23,168 553,145 SH   SOLE   553,145 0 0
CANADIAN NATL RAILWAY CO COM 136375102   35,184 266,934 SH   SOLE   266,934 0 0
CANADIAN NATURAL RESOURCES COM 136385101   24,543 321,421 SH   SOLE   321,421 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   21,499 243,609 SH   SOLE   243,609 0 0
CENTENE CORP COM 15135B101   23,763 302,787 SH   SOLE   302,787 0 0
CGI INC COM 12532H104   68,919 624,096 SH   SOLE   624,096 0 0
CHEVRON CORP COM 166764100   3,572 22,647 SH   SOLE   22,647 0 0
CUMMINS INC COM 231021106   5,741 19,485 SH   SOLE   19,485 0 0
CURTISS-WRIGHT CORP COM 231561101   481 1,880 SH   SOLE   1,880 0 0
DARDEN RESTAURANTS INC COM 237194105   5,662 33,872 SH   SOLE   33,872 0 0
ENBRIDGE INC COM 29250N105   50,434 1,394,279 SH   SOLE   1,394,279 0 0
EOG RESOURCES INC COM 26875P101   11,636 91,020 SH   SOLE   91,020 0 0
EXXON MOBIL CORP COM 30231G102   4,785 41,161 SH   SOLE   41,161 0 0
FORTIS INC COM 349553107   40,615 1,026,939 SH   SOLE   1,026,939 0 0
FRANCO-NEVADA CORP COM 351858105   23,925 200,601 SH   SOLE   200,601 0 0
HOME DEPOT INC COM 437076102   4,038 10,527 SH   SOLE   10,527 0 0
HORMEL FOODS CORP COM 440452100   9,620 275,730 SH   SOLE   275,730 0 0
IMPERIAL OIL LTD COM 453038408   36,712 531,746 SH   SOLE   531,746 0 0
JOHNSON & JOHNSON COM 478160104   15,642 98,880 SH   SOLE   98,880 0 0
JPMORGAN CHASE & CO COM 46625H100   7,073 35,310 SH   SOLE   35,310 0 0
LENNOX INTERNATIONAL INC COM 526107107   8,484 17,359 SH   SOLE   17,359 0 0
MAGNA INTERNATIONAL INC COM 559222401   36,378 667,151 SH   SOLE   667,151 0 0
MCKESSON CORP COM 58155Q103   1,857 3,459 SH   SOLE   3,459 0 0
MERCK & CO. INC. COM 58933Y105   5,379 40,762 SH   SOLE   40,762 0 0
MICRON TECHNOLOGY INC COM 595112103   15,662 132,850 SH   SOLE   132,850 0 0
NATIONAL RESEARCH CORP COM 637372202   13,557 342,250 SH   SOLE   342,250 0 0
NETFLIX INC COM 64110L106   9,924 16,340 SH   SOLE   16,340 0 0
NOVO-NORDISK A/S-SPONS ADR COM 670100205   1,074 8,364 SH   SOLE   8,364 0 0
NUTRIEN LTD COM 67077M108   26,575 488,694 SH   SOLE   488,694 0 0
NV5 GLOBAL INC COM 62945V109   445 4,540 SH   SOLE   4,540 0 0
ONE GAS INC COM 68235P108   858 13,300 SH   SOLE   13,300 0 0
ORACLE CORP COM 68389X105   5,821 46,345 SH   SOLE   46,345 0 0
PACCAR INC COM 693718108   6,860 55,375 SH   SOLE   55,375 0 0
PEPSICO INC COM 713448108   13,400 76,565 SH   SOLE   76,565 0 0
RB GLOBAL INC COM 74935Q107   26,166 343,212 SH   SOLE   343,212 0 0
ROSS STORES INC COM 778296103   12,207 83,180 SH   SOLE   83,180 0 0
ROYAL BANK OF CANADA COM 780087102   59,932 593,642 SH   SOLE   593,642 0 0
SITIO ROYALTIES CORP-A COM 82983N108   1,110 44,906 SH   SOLE   44,906 0 0
STANTEC INC COM 85472N109   19,059 229,345 SH   SOLE   229,345 0 0
STARBUCKS CORP COM 855244109   15,834 173,260 SH   SOLE   173,260 0 0
SUN LIFE FINANCIAL INC COM 866796105   59,154 1,083,071 SH   SOLE   1,083,071 0 0
TC ENERGY CORP COM 87807B107   37,813 939,932 SH   SOLE   939,932 0 0
TELUS INTERNATIONAL CDA INC COM 87975H100   10,323 1,217,930 SH   SOLE   1,217,930 0 0
TFI INTERNATIONAL INC COM 87241L109   42,817 268,252 SH   SOLE   268,252 0 0
THOR INDUSTRIES INC COM 885160101   6,149 52,406 SH   SOLE   52,406 0 0
TORONTO-DOMINION BANK COM 891160509   46,767 774,158 SH   SOLE   774,158 0 0
UNILEVER PLC-SPONSORED ADR COM 904767704   15,861 316,024 SH   SOLE   316,024 0 0
UNION PACIFIC CORP COM 907818108   12,966 52,721 SH   SOLE   52,721 0 0
UNITEDHEALTH GROUP INC COM 91324P102   24,594 49,714 SH   SOLE   49,714 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   16,481 392,790 SH   SOLE   392,790 0 0
WALT DISNEY CO/THE COM 254687106   13,763 112,480 SH   SOLE   112,480 0 0
WELLS FARGO & CO COM 949746101   15,262 263,317 SH   SOLE   263,317 0 0