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
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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
AT&T INC COM 00206R102   6,894,139 203,848 SH   SOLE   203,848 0 0
AGRIUM INC COM 008916108   1,938,059 23,070 SH   SOLE   23,070 0 0
AMERICAN EXPRESS CO COM 025816109   4,756,552 62,984 SH   SOLE   62,984 0 0
APPLE INC COM 037833100   13,960,661 29,283 SH   SOLE   29,283 0 0
BCE INC COM NEW 05534B760   2,758,886 64,585 SH   SOLE   64,585 0 0
BANK MONTREAL QUE COM 063671101   7,661,572 114,840 SH   SOLE   114,840 0 0
BANK OF NEW YORK MELLON CORP COM 064058100   3,093,418 102,465 SH   SOLE   102,465 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   30,851,647 538,858 SH   SOLE   538,858 0 0
BAYTEX ENERGY CORP COM 07317Q105   10,496,319 254,445 SH   SOLE   254,445 0 0
BRUKER CORP COM 116794108   878,038 42,520 SH   SOLE   42,520 0 0
CME GROUP INC COM 12572Q105   3,273,771 44,312 SH   SOLE   44,312 0 0
CSX CORP COM 126408103   2,062,675 80,135 SH   SOLE   80,135 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101   2,502,412 31,425 SH   SOLE   31,425 0 0
CANADIAN NATL RY CO COM 136375102   19,558,665 193,113 SH   SOLE   193,113 0 0
CANADIAN NAT RES LTD COM 136385101   14,937,035 475,521 SH   SOLE   475,521 0 0
CASEYS GEN STORES INC COM 147528103   762,522 10,390 SH   SOLE   10,390 0 0
CENOVUS ENERGY INC COM 15135U109   20,475,793 686,412 SH   SOLE   686,412 0 0
CHEVRON CORP NEW COM 166764100   4,000,509 32,926 SH   SOLE   32,926 0 0
CISCO SYS INC COM 17275R102   16,737,138 714,316 SH   SOLE   714,316 0 0
DANAHER CORP DEL COM 235851102   1,998,704 28,833 SH   SOLE   28,833 0 0
DEVON ENERGY CORP NEW COM 25179M103   2,017,152 34,923 SH   SOLE   34,923 0 0
DIAGEO P L C SPON ADR NEW 25243Q205   25,509,531 200,736 SH   SOLE   200,736 0 0
DIRECTV COM 25490A309   2,158,058 36,100 SH   SOLE   36,100 0 0
EL PASO PIPELINE PARTNERS L COM 283702108   3,055,884 72,380 SH   SOLE   72,380 0 0
ENBRIDGE INC COM 29250N105   14,017,047 335,764 SH   SOLE   335,764 0 0
ENERPLUS CORP COM 292766102   165,454 10,000 SH   SOLE   10,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105   2,290,010 45,645 SH   SOLE   45,645 0 0
HARRIS CORP DEL COM 413875105   2,319,164 39,109 SH   SOLE   39,109 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508   17,644,305 322,742 SH   SOLE   322,742 0 0
INTEL CORP COM 458140100   1,089,091 47,515 SH   SOLE   47,515 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   12,923,651 157,031 SH   SOLE   157,031 0 0
JOHNSON & JOHNSON COM 478160104   20,458,060 235,991 SH   SOLE   235,991 0 0
KELLOGG CO COM 487836108   15,197,268 258,765 SH   SOLE   258,765 0 0
LILLY ELI & CO COM 532457108   1,509,900 30,000 SH   SOLE   30,000 0 0
MAGNA INTL INC COM 559222401   3,153,578 38,255 SH   SOLE   38,255 0 0
MANULIFE FINL CORP COM 56501R106   16,362,104 989,504 SH   SOLE   989,504 0 0
MCDONALDS CORP COM 580135101   10,855,471 112,831 SH   SOLE   112,831 0 0
METLIFE INC COM 59156R108   2,246,417 47,847 SH   SOLE   47,847 0 0
MICROSOFT CORP COM 594918104   16,750,490 503,320 SH   SOLE   503,320 0 0
NOVARTIS A G SPON ADR NEW 66987V109   2,170,279 28,292 SH   SOLE   28,292 0 0
OAKTREE CAP GROUP LLC UNIT 99/99/9999 674001201   2,198,962 42,005 SH   SOLE   42,005 0 0
OCCIDENTAL PETE CORP DEL COM 674599105   2,985,890 31,921 SH   SOLE   31,921 0 0
PENN WEST PETE LTD NEW COM 68389X105   10,035,086 302,535 SH   SOLE   302,535 0 0
PEMBINA PIPELINE CORP COM 706327103   831,552 25,100 SH   SOLE   25,100 0 0
PFIZER INC COM 717081103   1,375,353 47,880 SH   SOLE   47,880 0 0
POTASH CORP SASK INC COM 73755L107   12,189,539 389,982 SH   SOLE   389,982 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101   476,279 18,500 SH   SOLE   18,500 0 0
QUALCOMM INC COM 747525103   17,604,988 261,512 SH   SOLE   261,512 0 0
RITCHIE BROS AUCTIONEERS COM 767744105   7,400,910 367,726 SH   SOLE   367,726 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   23,683,266 551,041 SH   SOLE   551,041 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102   33,342,329 520,595 SH   SOLE   520,595 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200   3,360,615 144,779 SH   SOLE   144,779 0 0
STARWOOD PPTY TR INC COM 85571B105   16,832,232 701,343 SH   SOLE   701,343 0 0
SUNCOR ENERGY INC NEW COM 867224107   14,366,202 401,965 SH   SOLE   401,965 0 0
SYSCO CORP COM 871829107   2,889,655 90,784 SH   SOLE   90,784 0 0
TECK RESOURCES LTD CL B 878742204   322,329 12,000 SH   SOLE   12,000 0 0
TELUS CORP COM 87971M103   5,328,888 160,850 SH   SOLE   160,850 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   10,814,816 117,361 SH   SOLE   117,361 0 0
3M CO COM 88579Y101   17,706,592 148,284 SH   SOLE   148,284 0 0
TIME WARNER CABLE INC COM 88732J207   2,227,648 19,961 SH   SOLE   19,961 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   34,885,539 387,638 SH   SOLE   387,638 0 0
UNILEVER PLC SPON ADR NEW 904767704   1,902,766 49,320 SH   SOLE   49,320 0 0
VERMILION ENERGY INC COM 923725105   2,525,785 45,970 SH   SOLE   45,970 0 0
VISA INC COM CL A 92826C839   22,457,881 117,519 SH   SOLE   117,519 0 0
WI-LAN INC COM 928972108   54,207 14,000 SH   SOLE   14,000 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101   2,615,422 68,790 SH   SOLE   68,790 0 0