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
3M CO COM 88579Y101 9,088 55,100 SH   SOLE   55,100 0 0
ABBVIE INC COM 00287Y109 860 14,700 SH   SOLE   14,700 0 0
ACASTI PHARMA INC CL A SHS 00430K105 782 1,347,800 SH   OTR   934,900 0 412,900
AES CORP COM 00130H105 410 31,900 SH   SOLE   31,900 0 0
AFLAC INC COM 001055102 3,565 55,700 SH   SOLE   55,700 0 0
AGRIUM INC COM 008916108 40,890 309,900 SH   SOLE   309,900 0 0
ALLIANT ENERGY CORP COM 018802108 346 5,500 SH   SOLE   5,500 0 0
ALLSTATE CORP COM 020002101 903 12,700 SH   SOLE   12,700 0 0
ALTRIA GROUP INC COM 02209S103 9,309 186,100 SH   SOLE   186,100 0 0
AMAZON COM INC COM 023135106 1,228 3,300 SH   SOLE   3,300 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,041 19,000 SH   SOLE   19,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 829 8,800 SH   SOLE   8,800 0 0
AMERISOURCEBERGEN CORP COM 03073E105 591 5,200 SH   SOLE   5,200 0 0
AMGEN INC COM 031162100 1,086 6,800 SH   SOLE   6,800 0 0
ANADARKO PETE CORP COM 032511107 720 8,700 SH   SOLE   8,700 0 0
ANALOG DEVICES INC COM 032654105 945 15,000 SH   SOLE   15,000 0 0
APPLE INC COM 037833100 4,983 40,050 SH   SOLE   40,050 0 0
ASANKO GOLD INC COM 04341Y105 17,817 10,123,400 SH   OTR   8,768,100 0 1,355,300
AT&T INC COM 00206R102 712 21,800 SH   SOLE   21,800 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 4,110 48,000 SH   SOLE   48,000 0 0
AUTOZONE INC COM 053332102 293 430 SH   SOLE   430 0 0
AVON PRODS INC COM 054303102 107 13,400 SH   SOLE   13,400 0 0
B & G FOODS INC NEW COM 05508R106 745 25,300 SH   SOLE   25,300 0 0
B2GOLD CORP COM 11777Q209 3,493 1,871,900 SH   OTR   1,098,500 0 773,400
BANK AMER CORP COM 060505104 863 56,100 SH   SOLE   56,100 0 0
BANK MONTREAL QUE COM 063671101 49,186 648,900 SH   SOLE   648,900 0 0
BANK N S HALIFAX COM 064149107 89,155 1,403,200 SH   SOLE   1,403,200 0 0
BAXTER INTL INC COM 071813109 4,766 69,600 SH   SOLE   69,600 0 0
BAYTEX ENERGY CORP COM 07317Q105 35,086 1,753,400 SH   SOLE   1,753,400 0 0
BCE INC COM NEW 05534B760 113,300 2,113,100 SH   SOLE   2,113,100 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 745 5,150 SH   SOLE   5,150 0 0
BIOGEN INC COM 09062X103 887 2,100 SH   SOLE   2,100 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 511 4,100 SH   SOLE   4,100 0 0
BLACKBERRY LTD COM 09228F103 6,457 571,900 SH   SOLE   571,900 0 0
BLACKROCK INC COM 09247X101 585 1,600 SH   SOLE   1,600 0 0
BLOCK H & R INC COM 093671105 426 13,300 SH   SOLE   13,300 0 0
BOEING CO COM 097023105 9,620 64,100 SH   SOLE   64,100 0 0
BROADCOM CORP CL A 111320107 455 10,500 SH   SOLE   10,500 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 14,963 221,125 SH   SOLE   221,125 0 0
BROOKFIELD RENEWABLE ENRGY P PARTNERSHIP UNIT G16258108 3,096 77,500 SH   SOLE   77,500 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 520 7,100 SH   SOLE   7,100 0 0
CA INC COM 12673P105 2,787 85,500 SH   SOLE   85,500 0 0
CAE INC COM 124765108 4,884 330,700 SH   SOLE   330,700 0 0
CAMECO CORP COM 13321L108 2,083 118,300 SH   SOLE   118,300 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 514 11,400 SH   SOLE   11,400 0 0
CAMPBELL SOUP CO COM 134429109 405 8,700 SH   SOLE   8,700 0 0
CANADIAN NAT RES LTD COM 136385101 50,060 1,289,900 SH   SOLE   1,289,900 0 0
CANADIAN NATL RY CO COM 136375102 25,655 302,912 SH   SOLE   302,912 0 0
CANADIAN PAC RY LTD COM 13645T100 39,813 172,350 SH   SOLE   172,350 0 0
CAPITAL ONE FINL CORP COM 14040H105 946 12,000 SH   SOLE   12,000 0 0
CARDINAL HEALTH INC COM 14149Y108 885 9,800 SH   SOLE   9,800 0 0
CATAMARAN CORP COM 148887102 18,333 243,300 SH   SOLE   243,300 0 0
CATERPILLAR INC DEL COM 149123101 5,777 72,200 SH   SOLE   72,200 0 0
CBRE GROUP INC CL A 12504L109 605 15,600 SH   SOLE   15,600 0 0
CBS CORP NEW CL B 124857202 770 12,700 SH   SOLE   12,700 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 82,510 899,000 SH   SOLE   899,000 0 0
CENOVUS ENERGY INC COM 15135U109 49,231 2,305,904 SH   SOLE   2,305,904 0 0
CHEVRON CORP NEW COM 166764100 21,433 204,100 SH   SOLE   204,100 0 0
CIGNA CORPORATION COM 125509109 945 7,300 SH   SOLE   7,300 0 0
CIMAREX ENERGY CO COM 171798101 541 4,700 SH   SOLE   4,700 0 0
CIPHER PHARMACEUTICALS INC COM 17253X105 3,348 292,400 SH   OTR   190,100 0 102,300
CISCO SYS INC COM 17275R102 1,109 40,300 SH   SOLE   40,300 0 0
CITIGROUP INC COM NEW 172967424 1,391 27,000 SH   SOLE   27,000 0 0
CITRIX SYS INC COM 177376100 645 10,100 SH   SOLE   10,100 0 0
CLOROX CO DEL COM 189054109 695 6,300 SH   SOLE   6,300 0 0
CMS ENERGY CORP COM 125896100 509 14,600 SH   SOLE   14,600 0 0
COCA COLA CO COM 191216100 18,357 452,700 SH   SOLE   452,700 0 0
COLGATE PALMOLIVE CO COM 194162103 5,789 83,500 SH   SOLE   83,500 0 0
CONAGRA FOODS INC COM 205887102 658 18,000 SH   SOLE   18,000 0 0
CONOCOPHILLIPS COM 20825C104 8,566 137,600 SH   SOLE   137,600 0 0
COTT CORP QUE COM 22163N106 5,933 502,929 SH   SOLE   502,929 0 0
CRESCENT PT ENERGY CORP COM 22576C101 32,328 1,145,600 SH   SOLE   1,145,600 0 0
CUMMINS INC COM 231021106 457 3,300 SH   SOLE   3,300 0 0
CVS HEALTH CORP COM 126650100 2,683 26,000 SH   SOLE   26,000 0 0
DARDEN RESTAURANTS INC COM 237194105 416 6,000 SH   SOLE   6,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 463 10,300 SH   SOLE   10,300 0 0
DEVON ENERGY CORP NEW COM 25179M103 537 8,900 SH   SOLE   8,900 0 0
DIRECTV COM 25490A309 825 9,700 SH   SOLE   9,700 0 0
DISNEY WALT CO COM DISNEY 254687106 1,322 12,600 SH   SOLE   12,600 0 0
DOLLAR TREE INC COM 256746108 609 7,500 SH   SOLE   7,500 0 0
DONNELLEY R R & SONS CO COM 257867101 194 10,100 SH   SOLE   10,100 0 0
DOVER CORP COM 260003108 422 6,100 SH   SOLE   6,100 0 0
DOW CHEM CO COM 260543103 7,040 146,700 SH   SOLE   146,700 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 4,709 65,900 SH   SOLE   65,900 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 384 5,000 SH   SOLE   5,000 0 0
E M C CORP MASS COM 268648102 490 19,200 SH   SOLE   19,200 0 0
EASTMAN CHEM CO COM 277432100 1,225 17,700 SH   SOLE   17,700 0 0
EBAY INC COM 278642103 986 17,100 SH   SOLE   17,100 0 0
ELDORADO GOLD CORP NEW COM 284902103 5,127 884,000 SH   SOLE   884,000 0 0
EMERSON ELEC CO COM 291011104 4,760 84,100 SH   SOLE   84,100 0 0
ENBRIDGE INC COM 29250N105 71,628 1,173,268 SH   SOLE   1,173,268 0 0
ENERPLUS CORP COM 292766102 28,772 2,244,500 SH   SOLE   2,244,500 0 0
EOG RES INC COM 26875P101 449 4,900 SH   SOLE   4,900 0 0
EXXON MOBIL CORP COM 30231G102 18,797 221,300 SH   SOLE   221,300 0 0
FACEBOOK INC CL A 30303M102 510 6,200 SH   SOLE   6,200 0 0
FASTENAL CO COM 311900104 547 13,200 SH   SOLE   13,200 0 0
FIFTH THIRD BANCORP COM 316773100 477 25,300 SH   SOLE   25,300 0 0
FIRSTSERVICE CORP SUB VTG SH 33761N109 18,677 228,000 SH   OTR   202,200 0 25,800
FLOWERS FOODS INC COM 343498101 1,114 49,000 SH   SOLE   49,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 709 43,900 SH   SOLE   43,900 0 0
FORTUNA SILVER MINES INC COM 349915108 7,807 1,637,000 SH   OTR   1,056,700 0 580,300
FRANKLIN RES INC COM 354613101 472 9,200 SH   SOLE   9,200 0 0
FREEPORT-MCMORAN INC CL B 35671D857 337 17,800 SH   SOLE   17,800 0 0
GANNETT INC COM 364730101 415 11,200 SH   SOLE   11,200 0 0
GAP INC DEL COM 364760108 676 15,600 SH   SOLE   15,600 0 0
GENERAL DYNAMICS CORP COM 369550108 584 4,300 SH   SOLE   4,300 0 0
GENERAL ELECTRIC CO COM 369604103 3,451 139,100 SH   SOLE   139,100 0 0
GENERAL MLS INC COM 370334104 4,064 71,800 SH   SOLE   71,800 0 0
GENERAL MTRS CO COM 37045V100 562 15,000 SH   SOLE   15,000 0 0
GENUINE PARTS CO COM 372460105 690 7,400 SH   SOLE   7,400 0 0
GILDAN ACTIVEWEAR INC COM 375916103 18,745 502,400 SH   SOLE   502,400 0 0
GILEAD SCIENCES INC COM 375558103 1,138 11,600 SH   SOLE   11,600 0 0
GOLDCORP INC NEW COM 380956409 40,120 1,751,200 SH   SOLE   1,751,200 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 451 2,400 SH   SOLE   2,400 0 0
GOOGLE INC CL A 38259P508 1,775 3,200 SH   SOLE   3,200 0 0
GOOGLE INC CL C 38259P706 1,151 2,100 SH   SOLE   2,100 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 3,669 83,652 SH   SOLE   83,652 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 15,574 290,500 SH   SOLE   290,500 0 0
HARRIS CORP DEL COM 413875105 410 5,200 SH   SOLE   5,200 0 0
HASBRO INC COM 418056107 360 5,700 SH   SOLE   5,700 0 0
HELMERICH & PAYNE INC COM 423452101 238 3,500 SH   SOLE   3,500 0 0
HOLLYFRONTIER CORP COM 436106108 1,236 30,700 SH   SOLE   30,700 0 0
HOME DEPOT INC COM 437076102 17,757 156,300 SH   SOLE   156,300 0 0
HUDBAY MINERALS INC COM 443628102 6,748 653,811 SH   OTR   393,382 0 260,429
HUDBAY MINERALS INC *W EXP 07/20/201 443628136 190 170,816 SH   OTR   113,594 0 57,222
INTEL CORP COM 458140100 17,152 548,500 SH   SOLE   548,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 16,395 102,150 SH   SOLE   102,150 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 218 12,500 SH   SOLE   12,500 0 0
INTL PAPER CO COM 460146103 3,102 55,900 SH   SOLE   55,900 0 0
JOHNSON & JOHNSON COM 478160104 21,959 218,300 SH   SOLE   218,300 0 0
JPMORGAN CHASE & CO COM 46625H100 1,885 31,100 SH   SOLE   31,100 0 0
JUST ENERGY GROUP INC COM 48213W101 10,645 1,810,574 SH   SOLE   1,810,574 0 0
KELLOGG CO COM 487836108 923 14,000 SH   SOLE   14,000 0 0
KIMBERLY CLARK CORP COM 494368103 2,046 19,100 SH   SOLE   19,100 0 0
LAUDER ESTEE COS INC CL A 518439104 391 4,700 SH   SOLE   4,700 0 0
LEGGETT & PLATT INC COM 524660107 304 6,600 SH   SOLE   6,600 0 0
LILLY ELI & CO COM 532457108 5,725 78,800 SH   SOLE   78,800 0 0
LINCOLN NATL CORP IND COM 534187109 396 6,900 SH   SOLE   6,900 0 0
LINEAR TECHNOLOGY CORP COM 535678106 1,273 27,200 SH   SOLE   27,200 0 0
LOCKHEED MARTIN CORP COM 539830109 4,040 19,900 SH   SOLE   19,900 0 0
MAGNA INTL INC COM 559222401 30,757 454,380 SH   SOLE   454,380 0 0
MANULIFE FINL CORP COM 56501R106 54,992 2,556,600 SH   SOLE   2,556,600 0 0
MARATHON OIL CORP COM 565849106 430 16,500 SH   SOLE   16,500 0 0
MASTERCARD INC CL A 57636Q104 277 3,200 SH   SOLE   3,200 0 0
MATTEL INC COM 577081102 810 35,500 SH   SOLE   35,500 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 477 13,700 SH   SOLE   13,700 0 0
MCDONALDS CORP COM 580135101 10,937 112,200 SH   SOLE   112,200 0 0
MCGRAW HILL FINL INC COM 580645109 631 6,100 SH   SOLE   6,100 0 0
MERCK & CO INC NEW COM 58933Y105 1,219 21,200 SH   SOLE   21,200 0 0
MERUS LABS INTL INC NEW COM 59047R101 5,364 2,024,100 SH   OTR   1,316,000 0 708,100
METLIFE INC COM 59156R108 875 17,300 SH   SOLE   17,300 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 296 4,500 SH   SOLE   4,500 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 474 9,700 SH   SOLE   9,700 0 0
MICROSOFT CORP COM 594918104 20,093 494,300 SH   SOLE   494,300 0 0
MONDELEZ INTL INC CL A 609207105 1,562 43,300 SH   SOLE   43,300 0 0
MONSANTO CO NEW COM 61166W101 754 6,700 SH   SOLE   6,700 0 0
MORGAN STANLEY COM NEW 617446448 532 14,900 SH   SOLE   14,900 0 0
NEVSUN RES LTD COM 64156L101 9,446 2,217,436 SH   OTR   1,688,536 0 528,900
NEW YORK CMNTY BANCORP INC COM 649445103 752 45,000 SH   SOLE   45,000 0 0
NEXTERA ENERGY INC COM 65339F101 489 4,700 SH   SOLE   4,700 0 0
NISOURCE INC COM 65473P105 640 14,500 SH   SOLE   14,500 0 0
NORFOLK SOUTHERN CORP COM 655844108 216 2,100 SH   SOLE   2,100 0 0
NVIDIA CORP COM 67066G104 464 22,200 SH   SOLE   22,200 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 730 10,000 SH   SOLE   10,000 0 0
OMNICOM GROUP INC COM 681919106 826 10,600 SH   SOLE   10,600 0 0
ONEOK INC NEW COM 682680103 487 10,100 SH   SOLE   10,100 0 0
OPEN TEXT CORP COM 683715106 10,517 157,400 SH   SOLE   157,400 0 0
ORACLE CORP COM 68389X105 1,360 31,500 SH   SOLE   31,500 0 0
PACCAR INC COM 693718108 966 15,300 SH   SOLE   15,300 0 0
PACWEST BANCORP DEL COM 695263103 220 4,700 SH   SOLE   4,700 0 0
PAN AMERICAN SILVER CORP COM 697900108 2,721 245,554 SH   SOLE   245,554 0 0
PARTNERRE LTD COM G6852T105 286 2,500 SH   SOLE   2,500 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 15,600 447,000 SH   SOLE   447,000 0 0
PAYCHEX INC COM 704326107 784 15,800 SH   SOLE   15,800 0 0
PEMBINA PIPELINE CORP COM 706327103 54,612 1,365,307 SH   SOLE   1,365,307 0 0
PENGROWTH ENERGY CORP COM 70706P104 25,478 6,780,282 SH   OTR   6,346,282 0 434,000
PENN WEST PETE LTD NEW COM 707887105 2,315 1,115,700 SH   SOLE   1,115,700 0 0
PEPSICO INC COM 713448108 13,149 137,500 SH   SOLE   137,500 0 0
PERKINELMER INC COM 714046109 634 12,400 SH   SOLE   12,400 0 0
PFIZER INC COM 717081103 20,856 599,300 SH   SOLE   599,300 0 0
PHILIP MORRIS INTL INC COM 718172109 2,575 34,200 SH   SOLE   34,200 0 0
PHILLIPS 66 COM 718546104 1,784 22,700 SH   SOLE   22,700 0 0
PINNACLE WEST CAP CORP COM 723484101 434 6,800 SH   SOLE   6,800 0 0
PLATINUM GROUP METALS LTD COM NEW 72765Q205 2,736 3,965,500 SH   OTR   2,550,200 0 1,415,300
PNC FINL SVCS GROUP INC COM 693475105 513 5,500 SH   SOLE   5,500 0 0
POTASH CORP SASK INC COM 73755L107 33,697 825,450 SH   SOLE   825,450 0 0
PRECISION CASTPARTS CORP COM 740189105 819 3,900 SH   SOLE   3,900 0 0
PRECISION DRILLING CORP COM 2010 74022D308 1,568 196,500 SH   SOLE   196,500 0 0
PRICE T ROWE GROUP INC COM 74144T108 2,478 30,600 SH   SOLE   30,600 0 0
PRICELINE GRP INC COM NEW 741503403 722 620 SH   SOLE   620 0 0
PRIMERO MNG CORP COM 74164W106 5,395 1,273,369 SH   OTR   809,372 0 463,997
PRINCIPAL FINL GROUP INC COM 74251V102 677 13,200 SH   SOLE   13,200 0 0
PROCTER & GAMBLE CO COM 742718109 22,654 276,400 SH   SOLE   276,400 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101 4,265 114,900 SH   SOLE   114,900 0 0
QUALCOMM INC COM 747525103 10,330 149,000 SH   SOLE   149,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 538 7,000 SH   SOLE   7,000 0 0
QUESTAR CORP COM 748356102 1,178 49,400 SH   SOLE   49,400 0 0
RAYTHEON CO COM NEW 755111507 4,523 41,400 SH   SOLE   41,400 0 0
REPUBLIC SVCS INC COM 760759100 227 5,600 SH   SOLE   5,600 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 8,516 175,400 SH   SOLE   175,400 0 0
REYNOLDS AMERICAN INC COM 761713106 1,027 14,900 SH   SOLE   14,900 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 3,085 97,996 SH   SOLE   97,996 0 0
ROCKWELL AUTOMATION INC COM 773903109 765 6,600 SH   SOLE   6,600 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 34,957 824,700 SH   SOLE   824,700 0 0
ROSS STORES INC COM 778296103 369 3,500 SH   SOLE   3,500 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 101,249 1,328,205 SH   SOLE   1,328,205 0 0
RYDER SYS INC COM 783549108 731 7,700 SH   SOLE   7,700 0 0
SANDISK CORP COM 80004C101 324 5,100 SH   SOLE   5,100 0 0
SCHLUMBERGER LTD COM 806857108 1,373 16,450 SH   SOLE   16,450 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 24,383 858,300 SH   SOLE   858,300 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 492 3,800 SH   SOLE   3,800 0 0
SILVER WHEATON CORP COM 828336107 26,277 1,092,600 SH   SOLE   1,092,600 0 0
SIMON PPTY GROUP INC NEW COM 828806109 900 4,600 SH   SOLE   4,600 0 0
SONOCO PRODS CO COM 835495102 232 5,100 SH   SOLE   5,100 0 0
SPDR SERIES TRUST GLB DOW ETF 78464A706 7,342 105,324 SH   SOLE   105,324 0 0
ST JUDE MED INC COM 790849103 595 9,100 SH   SOLE   9,100 0 0
STANTEC INC COM 85472N109 6,567 216,700 SH   SOLE   216,700 0 0
STAPLES INC COM 855030102 614 37,700 SH   SOLE   37,700 0 0
STARBUCKS CORP COM 855244109 2,254 23,800 SH   SOLE   23,800 0 0
STATE STR CORP COM 857477103 412 5,600 SH   SOLE   5,600 0 0
SUN LIFE FINL INC COM 866796105 94,072 2,412,112 SH   SOLE   2,412,112 0 0
SUNCOR ENERGY INC NEW COM 867224107 40,308 1,090,216 SH   SOLE   1,090,216 0 0
SYSCO CORP COM 871829107 962 25,500 SH   SOLE   25,500 0 0
TARGET CORP COM 87612E106 4,496 54,800 SH   SOLE   54,800 0 0
TECK RESOURCES LTD CL B 878742204 11,576 666,100 SH   SOLE   666,100 0 0
TELUS CORP COM 87971M103 95,107 2,265,000 SH   SOLE   2,265,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 639 12,900 SH   SOLE   12,900 0 0
TEXAS INSTRS INC COM 882508104 6,610 115,600 SH   SOLE   115,600 0 0
THOMSON REUTERS CORP COM 884903105 47,873 933,198 SH   SOLE   933,198 0 0
TIME WARNER CABLE INC COM 88732J207 1,005 6,700 SH   SOLE   6,700 0 0
TIMMINS GOLD CORP COM 88741P103 3,513 4,084,400 SH   OTR   2,655,200 0 1,429,200
TJX COS INC NEW COM 872540109 399 5,700 SH   SOLE   5,700 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 82,364 1,519,400 SH   SOLE   1,519,400 0 0
TRANSALTA CORP COM 89346D107 28,223 2,402,131 SH   SOLE   2,402,131 0 0
TRANSCANADA CORP COM 89353D107 74,756 1,383,610 SH   SOLE   1,383,610 0 0
TRANSGLOBE ENERGY CORP COM 893662106 393 87,810 SH   SOLE   87,810 0 0
TUPPERWARE BRANDS CORP COM 899896104 1,387 20,100 SH   SOLE   20,100 0 0
TYSON FOODS INC CL A 902494103 842 22,000 SH   SOLE   22,000 0 0
UMPQUA HLDGS CORP COM 904214103 185 10,800 SH   SOLE   10,800 0 0
UNION PAC CORP COM 907818108 2,382 22,000 SH   SOLE   22,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 6,125 63,200 SH   SOLE   63,200 0 0
UNITED TECHNOLOGIES CORP COM 913017109 11,910 101,500 SH   SOLE   101,500 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 37,725 150,880 SH   SOLE   150,880 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,837 44,600 SH   SOLE   44,600 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 21,422 440,500 SH   SOLE   440,500 0 0
VERMILION ENERGY INC COM 923725105 35,870 676,800 SH   SOLE   676,800 0 0
VISA INC COM CL A 92826C839 1,441 22,000 SH   SOLE   22,000 0 0
WAL-MART STORES INC COM 931142103 13,275 161,400 SH   SOLE   161,400 0 0
WELLS FARGO & CO NEW COM 949746101 1,171 21,500 SH   SOLE   21,500 0 0
WESTERN DIGITAL CORP COM 958102105 287 3,150 SH   SOLE   3,150 0 0
WEYERHAEUSER CO COM 962166104 348 10,500 SH   SOLE   10,500 0 0
WHIRLPOOL CORP COM 963320106 707 3,500 SH   SOLE   3,500 0 0
WI-LAN INC COM 928972108 6,461 2,070,900 SH   OTR   1,405,000 0 665,900
WILLIAMS COS INC DEL COM 969457100 2,552 50,500 SH   SOLE   50,500 0 0
WISCONSIN ENERGY CORP COM 976657106 540 10,900 SH   SOLE   10,900 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 697 7,700 SH   SOLE   7,700 0 0
XCEL ENERGY INC COM 98389B100 477 13,700 SH   SOLE   13,700 0 0
XILINX INC COM 983919101 2,220 52,500 SH   SOLE   52,500 0 0
YAMANA GOLD INC COM 98462Y100 7,637 1,685,876 SH   SOLE   1,685,876 0 0
ZIMMER HLDGS INC COM 98956P102 704 6,000 SH   SOLE   6,000 0 0
ZOETIS INC CL A 98978V103 1,676 36,200 SH   SOLE   36,200 0 0