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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALERE INC PERP PFD CONV SE 01449J204 21,766 76,024 SH   SOLE   76,024 0 0
ALERE INC COM 01449J105 264,948 7,319,009 SH   SOLE   7,319,009 0 0
Altera Corp. COM 021441100 143,187 4,401,690 SH   SOLE   4,401,690 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 196,525 3,849,656 SH   SOLE   3,849,656 0 0
AMN HEALTHCARE SERVICES INC COM 001744101 94,931 6,457,886 SH   SOLE   6,457,886 0 0
BANK N S HALIFAX COM 064149107 54,513 872,600 SH   SOLE   872,600 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 14,034 164,500 SH   SOLE   164,500 0 0
CARLISLE COS INC COM 142339100 51,207 644,921 SH   SOLE   644,921 0 0
Carpenter Technology Corp. COM 144285103 111,715 1,796,061 SH   SOLE   1,796,061 0 0
Cenovus Energy Inc. COM 15135U109 32,120 1,123,529 SH   SOLE   1,123,529 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 4,522 135,300 SH   SOLE   135,300 0 0
Delphi Automotive PLC SHS G27823106 70,334 1,169,698 SH   SOLE   1,169,698 0 0
DIGI INTL INC COM 253798102 32,602 2,689,963 SH   SOLE   2,689,963 0 0
Dresser-Rand Group Inc. COM 261608103 120,214 2,016,002 SH   SOLE   2,016,002 0 0
DREW INDS INC COM NEW 26168L205 17,756 346,803 SH   SOLE   346,803 0 0
EXFO Inc. SUB VTG SHS 302046107 18,819 3,954,700 SH   SOLE   3,954,700 0 0
FIRSTSERVICE CORP SUB VTG SH 33761N109 12,625 293,430 SH   SOLE   293,430 0 0
Franco-Nevada Corp. COM 351858105 27,073 665,000 SH   SOLE   665,000 0 0
Gran Tierra Energy Inc. COM 38500T101 10,841 1,487,400 SH   SOLE   1,487,400 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 51,743 1,423,215 SH   SOLE   1,423,215 0 0
IMRIS Inc. COM 45322N105 4,782 3,063,300 SH   SOLE   3,063,300 0 0
International Rectifier Corp. COM 460254105 134,024 5,140,915 SH   SOLE   5,140,915 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 99,083 1,572,990 SH   SOLE   1,572,990 0 0
JPMorgan Chase & Co. COM 46625H100 205,401 3,512,330 SH   SOLE   3,512,330 0 0
Knoll Inc. COM NEW 498904200 73,600 4,019,674 SH   SOLE   4,019,674 0 0
MANPOWERGROUP INC COM 56418H100 90,491 1,053,937 SH   SOLE   1,053,937 0 0
Markel Corp. COM 570535104 54,797 94,421 SH   SOLE   94,421 0 0
MERIT MED SYS INC COM 589889104 89,681 5,697,626 SH   SOLE   5,697,626 0 0
Microsoft Corp. COM 594918104 210,994 5,637,042 SH   SOLE   5,637,042 0 0
NATIONAL INSTRS CORP COM 636518102 63,851 1,994,089 SH   SOLE   1,994,089 0 0
PTC Inc. COM 69370C100 132,282 3,737,842 SH   SOLE   3,737,842 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 183,767 3,915,760 SH   SOLE   3,915,760 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 1,150 266,500 SH   SOLE   266,500 0 0
TE Connectivity Ltd. REG SHS H84989104 133,130 2,415,712 SH   SOLE   2,415,712 0 0
Team Inc. COM 878155100 62,451 1,474,981 SH   SOLE   1,474,981 0 0
Tenneco Inc. COM 880349105 96,770 1,710,631 SH   SOLE   1,710,631 0 0
PROGRESSIVE CORP OHIO COM 743315103 19,137 701,761 SH   SOLE   701,761 0 0
Tim Hortons Inc. COM 88706M103 34,873 598,200 SH   SOLE   598,200 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 53,173 564,800 SH   SOLE   564,800 0 0
WABCO HLDGS INC COM 92927K102 146,357 1,566,827 SH   SOLE   1,566,827 0 0
WELLPOINT INC COM 94973V107 108,588 1,175,320 SH   SOLE   1,175,320 0 0
WELLS FARGO & CO NEW COM 949746101 234,155 5,157,601 SH   SOLE   5,157,601 0 0
WESCO INTL INC COM 95082P105 138,987 1,526,153 SH   SOLE   1,526,153 0 0
XILINX INC COM 983919101 131,255 2,858,349 SH   SOLE   2,858,349 0 0