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
AGRIUM INC COM 008916108 175,014 1,296,782 SH   SOLE None 1,296,782 0 0
BANK OF MONTREAL COM 063671101 737 7,627 SH   SOLE None 7,627 0 0
BANK OF NOVA SCOTIA COM 064149107 126,949 1,698,092 SH   SOLE None 1,698,092 0 0
BAYTEX ENERGY CORP COM 07317Q105 93 14,250 SH   SOLE None 14,250 0 0
BCE INC COM 05534B760 271 4,674 SH   SOLE None 4,674 0 0
BROOKFIELD ASSET MANAGEMENT CL A LTD VT SH 112585104 347 7,838 SH   SOLE None 7,838 0 0
CAE INC COM 124765108 140,474 7,479,967 SH   SOLE None 7,479,967 0 0
CANADIAN IMP BANK COMMERCE COM 136069101 1,707 15,577 SH   SOLE None 15,577 0 0
CANADIAN NATIONAL RAILWAY COM 136375102 185,166 2,049,198 SH   SOLE None 2,049,198 0 0
CANADIAN PACIFIC RAILWAY COM 13645T100 58,621 306,018 SH   SOLE None 306,018 0 0
ENBRIDGE INC COM 29250N105 41,438 733,416 SH   SOLE None 733,416 0 0
MAGNA INTL INC COM 559222401 178,636 3,064,083 SH   SOLE None 3,064,083 0 0
PEMBINA PIPELINE COM 706327103 202 4,824 SH   SOLE None 4,824 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 45,587 1,876,785 SH   SOLE None 1,876,785 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 122,621 2,692,006 SH   SOLE None 2,692,006 0 0
ROYAL BANK OF CANADA COM 780087102 4,125 45,399 SH   SOLE None 45,399 0 0
SHAW COMMUNICATION-B CL B CONV 82028K200 808 30,000 SH   SOLE None 30,000 0 0
SUNCOR ENERGY INC COM 867224107 225,477 5,136,152 SH   SOLE None 5,136,152 0 0
TELUS CORP COM 87971M103 70,589 1,651,199 SH   SOLE None 1,651,199 0 0
THOMSON REUTERS COM 884903105 294 5,000 SH   SOLE None 5,000 0 0
TORONTO DOMINION BANK COM 891160509 232,211 3,506,660 SH   SOLE None 3,506,660 0 0
TRANSCANADA CORP COM 89353D107 469 7,750 SH   SOLE None 7,750 0 0
ABBOTT LABORATORIES COM 002824100 7,534 146,093 SH   SOLE None 146,093 0 0
ALPHABET INC CAP STK CL C 02079k107 1,451 1,400 SH   SOLE None 1,400 0 0
APPLE INC COM 037833100 922 5,927 SH   SOLE None 5,927 0 0
BERKSHIRE HATHAWAY-B DEL CL B 084670702 2,723 12,445 SH   SOLE None 12,445 0 0
CBOE HOLDINGS INC COM 12503M108 102,800 1,036,160 SH   SOLE None 1,036,160 0 0
CISCO SYSTEMS INC COM 17275R102 20,595 507,549 SH   SOLE None 507,549 0 0
COMPASS MINERALS COM 20451N101 526 5,000 SH   SOLE None 5,000 0 0
COSTCO WHOLESALE COM 22160K105 613 2,850 SH   SOLE None 2,850 0 0
CVS HEALTH CORP COM 126650100 121,302 1,144,871 SH   SOLE None 1,144,871 0 0
ECOLAB INC. COM 278865100 80,803 513,390 SH   SOLE None 513,390 0 0
EXXON MOBIL CORP COM 30231G102 291 2,404 SH   SOLE None 2,404 0 0
FIRST CASH INC. COM 33767D105 318 5,040 SH   SOLE None 5,040 0 0
FRANCO-NEVADA CORP COM 351858105 3,194 39,800 SH   SOLE None 39,800 0 0
GENTHERM INC COM 37253A103 2,554 56,200 SH   SOLE None 56,200 0 0
GEO GROUP INC COM 36162j106 482 10,000 SH   SOLE None 10,000 0 0
IDEXX LABS INC COM 45168D104 331 2,100 SH   SOLE None 2,100 0 0
LINCOLN ELECTRIC COM 533900106 73,201 711,067 SH   SOLE None 711,067 0 0
MARATHON PETROLEUM COM 56585A102 676 10,000 SH   SOLE None 10,000 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 85,096 895,660 SH   SOLE None 895,660 0 0
MONDELEZ INTL CL A 609207105 821 13,800 SH   SOLE None 13,800 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,459 37,620 SH   SOLE None 37,620 0 0
ORACLE CORP COM 68389X105 1,954 37,850 SH   SOLE None 37,850 0 0
REPUBLIC SERVICES COM 760759100 735 9,600 SH   SOLE None 9,600 0 0
RITCHIE BROTHERS AUCTIONEERS COM 767744105 4,038 88,455 SH   SOLE None 88,455 0 0
S&P GLOBAL INC COM 78409V104 361 2,500 SH   SOLE None 2,500 0 0
SCHLUMBERGER LTD COM 806857108 3,663 32,500 SH   SOLE None 32,500 0 0
STARBUCKS CORP COM 855244109 81,086 1,087,718 SH   SOLE None 1,087,718 0 0
STERICYCLE INC. COM 858912108 1,709 16,525 SH   SOLE None 16,525 0 0
UNION PACIFIC CORP COM 907818108 3,167 22,750 SH   SOLE None 22,750 0 0
VANGUARD TOTAL WORLD STOCK ETF TT WRLD ST ETF 922042742 112,917 1,378,636 SH   SOLE None 1,378,636 0 0
VISA INC COM CL A 92826C839 112,376 1,072,724 SH   SOLE None 1,072,724 0 0
WALT DISNEY CO COM DISNEY 254687106 976 6,976 SH   SOLE None 6,976 0 0
WEST PHARMACEUTICAL COM 955306105 251 2,200 SH   SOLE None 2,200 0 0
ZOETIS INC CL A 98978v103 11,874 165,200 SH   SOLE None 165,200 0 0
BROOKFIELD INFRASTRUCTURE LP INT UNIT G16252101 1,029 22,900 SH   SOLE None 22,900 0 0
BUNGE LTD COM G16962105 1,620 16,700 SH   SOLE None 16,700 0 0
DIAGEO PLC SP/ADR SPON ADR 25243Q205 2,589 18,549 SH   SOLE None 18,549 0 0
FOMENTO ECONO MEXICANO SAB ADR ADR UNITS 344419106 80,630 787,960 SH   SOLE None 787,960 0 0
NOVARTIS SA ADR SPONSORED ADR 66987V109 95,135 972,731 SH   SOLE None 972,731 0 0
NOVO-NORDISK ADR 670100205 679 14,100 SH   SOLE None 14,100 0 0
UNILEVER PLC ADR ADR 904767704 70,860 1,296,658 SH   SOLE None 1,296,658 0 0