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
CANADIAN NATURAL RESOURCES LTD COM 136385101   31,648,435 487,124 SH   OTR 1 478,425 8,699 0
CENOVUS ENERGY INC COM 15135U109   28,203,086 1,348,332 SH   OTR 1 1,324,255 24,077 0
CAE INC COM 124765108   26,614,526 1,134,755 SH   OTR 1 1,114,492 20,263 0
BANK OF NOVA SCOTIA COM 064149107   22,843,445 507,302 SH   OTR 1 498,146 9,156 0
MANULIFE FINANCIAL CORP COM 56501R106   37,421,130 2,038,425 SH   OTR 1 2,002,042 36,383 0
CANADIAN IMPERIAL BANK OF COMMERCE COM 136069101   30,734,981 792,561 SH   OTR 1 778,519 14,042 0
ENBRIDGE INC COM 29250N105   30,014,461 900,773 SH   OTR 1 884,521 16,252 0
CGI INC CL A SUB VTG 12532H104   34,246,611 345,845 SH   OTR 1 339,669 6,176 0
NUTRIEN LTD COM 67077M108   27,230,293 438,908 SH   OTR 1 431,071 7,837 0
RESTAURANT BRANDS INTERNATIONAL INC. COM 76131D103   26,777,436 400,258 SH   OTR 1 393,239 7,019 0
CANADIAN PACIFIC RAILWAY LTD COM 13646K108   40,723,869 545,355 SH   OTR 1 535,725 9,630 0
AGNICO EAGLE MINES LTD COM 008474108   26,763,703 586,273 SH   OTR 1 575,807 10,466 0
TORONTO DOMINION BANK COM NEW 891160509   27,972,901 462,173 SH   OTR 1 453,863 8,310 0
GILDAN ACTIVEWEAR INC COM 375916103   26,254,608 932,400 SH   OTR 1 915,665 16,735 0
TARGET CORP COM 87612E106   1,226,221 11,090 SH   SOLE   11,090 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   810,378 1,601 SH   SOLE   1,601 0 0
JPMORGAN CHASE & CO COM 46625H100   929,578 6,410 SH   SOLE   6,410 0 0
APPLE INC. COM 037833100   2,280,004 13,317 SH   SOLE   13,317 0 0
TRUIST FINANCIAL CORP COM 89832Q109   1,452,186 50,758 SH   SOLE   50,758 0 0
DISNEY COMPANY COM 254687106   1,177,170 14,524 SH   SOLE   14,524 0 0
ALPHABET INC CLASS A CAP STK CL A 02079K305   549,612 4,200 SH   SOLE   4,200 0 0
ALPHABET INC CLASS C CAP STK CL C 02079K107   425,216 3,225 SH   SOLE   3,225 0 0
ING GROEP NV - ADR SPONSORED ADR 456837103   767,181 58,208 SH   SOLE   58,208 0 0
OSHKOSH CORP. COM 688239201   4,696,015 49,209 SH   SOLE   49,209 0 0
BERKSHIRE HATHAWAY INC. - CL B CL B NEW 084670702   1,230,604 3,513 SH   SOLE   3,513 0 0
WABTEC CORP COM 929740108   707,546 6,658 SH   SOLE   6,658 0 0
AXS SHORT INNOVATION ETF AXS SHORT INNOV 46144X628   1,329,950 33,500 SH   SOLE   33,500 0 0
GENERAC HOLDINGS INC COM 368736104   4,615,872 42,363 SH   SOLE   42,363 0 0
CENOVUS ENERGY INC - WARRANT *W EXP 01/01/202 15135U117   576,331 35,875 SH   SOLE   35,875 0 0
HUDBAY MINERALS INC COM 443628102   2,527,340 516,942 SH   SOLE   516,942 0 0
HENRY SCHEIN INC. COM 806407102   3,228,093 43,476 SH   SOLE   43,476 0 0
NIKE INC CL B 654106103   255,305 2,670 SH   SOLE   2,670 0 0
COLGATE PALMOLIVE CO COM 194162103   85,332 1,200 SH   SOLE   1,200 0 0
ROYAL BANK OF CANADA COM 780087102   343,279 3,910 SH   SOLE   3,910 0 0
CANADIAN NATIONAL RAILWAY CO COM 136375102   239,346 2,200 SH   SOLE   2,200 0 0
DIAGEO PLC - SPONSORED ADR SPONSORED ADR 25243Q205   999,506 6,700 SH   SOLE   6,700 0 0
ESTEE LAUDER COMPANIES INC. CL A 518439104   1,257,585 8,700 SH   SOLE   8,700 0 0
MICROSOFT CORP COM 594918104   631,500 2,000 SH   SOLE   2,000 0 0