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
ALERE INC COM 01449J105 134,739 3,116,075 SH   SOLE   0 0 0
ALERE INC PERP PFD CONV SE 01449J204 74,326 221,249 SH   SOLE   0 0 0
AMERICAN INTL GROUP INC COM 026874784 366,004 6,167,911 SH   SOLE   0 0 0
AMERICAN INTL GROUP INC W EXP 01/19/202 026874156 55 2,580 SH   SOLE   0 0 0
ANTHEM INC COM 036752103 249,159 1,988,337 SH   SOLE   0 0 0
ARISTA NETWORKS INC COM 040413106 104,447 1,227,637 SH   SOLE   0 0 0
BANK AMER CORP W EXP 01/16/201 060505146 76 16,500 SH   SOLE   0 0 0
BANK N S HALIFAX COM 064149107 43,216 815,560 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 159,354 737 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 82,006 567,630 SH   SOLE   0 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 180,337 4,370,757 SH   SOLE   0 0 0
COLLIERS INTL GROUP INC SUB VTG SHRS 194693107 44,664 1,064,061 SH   SOLE   0 0 0
DIGI INTL INC COM 253798102 25,420 2,229,812 SH   SOLE   0 0 0
EASTMAN CHEM CO COM 277432100 248,094 3,665,685 SH   SOLE   0 0 0
ENCANA CORP COM 292505104 3,134 299,862 SH   SOLE   0 0 0
ENERPLUS CORP COM 292766102 4,487 699,086 SH   SOLE   0 0 0
EXFO INC SUB VTG SHS 302046107 15,566 4,193,500 SH   SOLE   0 0 0
FIRSTSERVICE CORP SUB VTG SH 33767E103 867 18,643 SH   SOLE   0 0 0
FLOWSERVE CORP COM 34354P105 242,815 5,033,473 SH   SOLE   0 0 0
FRANCO NEVADA CORP COM 351858105 15,701 224,730 SH   SOLE   0 0 0
GENERAC HLDGS INC COM 368736104 284,443 7,835,903 SH   SOLE   0 0 0
GRAN TIERRA ENERGY INC COM 38500T101 16,542 5,522,079 SH   SOLE   0 0 0
GRANITE REAL ESTATE INVT TR UNIT/99/99/9999 387437114 91,466 2,993,989 SH   SOLE   0 0 0
JPMORGAN CHASE & CO COM 46625H100 238,639 3,583,699 SH   SOLE   0 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 264,168 9,613,096 SH   SOLE   0 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 23,988 2,191,613 SH   SOLE   0 0 0
PEGASYSTEMS INC COM 705573103 52,851 1,792,165 SH   SOLE   0 0 0
REALOGY HLDGS CORP COM 75605Y106 261,882 10,126,932 SH   SOLE   0 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 55,453 1,243,628 SH   SOLE   0 0 0
REXNORD CORP NEW COM 76169B102 231,815 10,827,414 SH   SOLE   0 0 0
SANDSTORM GOLD LTD COM 80013R206 15,269 3,021,455 SH   SOLE   0 0 0
SEACOR HOLDINGS INC NOTE 2.500%12/1 811904AM3 17,412 17,500,000 SH   SOLE   0 0 0
SERVICE CORP INTL COM 817565104 228,921 8,625,508 SH   SOLE   0 0 0
TE CONNECTIVITY LTD COM H84989104 335,417 5,209,954 SH   SOLE   0 0 0
TEAM INC COM 878155100 71,643 2,190,243 SH   SOLE   0 0 0
TORONTO DOMINION BK ONT COM 891160509 41,823 942,140 SH   SOLE   0 0 0
UBIQUITI NETWORKS INC COM 90347A100 296,605 5,544,020 SH   SOLE   0 0 0
UNION PAC CORP COM 907818108 254,145 2,605,818 SH   SOLE   0 0 0
WABCO HLDGS INC COM 92927K102 366,584 3,228,961 SH   SOLE   0 0 0
WABTEC CORP COM 929740108 193,851 2,374,166 SH   SOLE   0 0 0
WELLS FARGO & CO NEW COM 949746101 355,753 8,034,158 SH   SOLE   0 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 2,593 207,790 SH   SOLE   0 0 0
WESCO INTL INC COM 95082P105 420,844 6,844,103 SH   SOLE   0 0 0