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
AGRIUM INC COM 008916108 198,719 2,095,760 SH   SOLE   2,095,760 0 0
AT&T INC COM 00206R102 218,444 6,503,256 SH   SOLE   6,503,256 0 0
AXIALL CORP COM 05463D100 50,802 1,196,175 SH   SOLE   1,196,175 0 0
BANK AMER CORP COM 060505104 258,873 14,470,261 SH   SOLE   14,470,261 0 0
BANK MONTREAL QUE COM 063671101 352,592 4,977,391 SH   SOLE   4,977,391 0 0
BANK N S HALIFAX COM 064149107 168,450 2,947,046 SH   SOLE   2,947,046 0 0
BARRICK GOLD CORP COM 067901108 653 60,500 SH   SOLE   60,500 0 0
BAXTER INTL INC COM 071813109 150,002 2,046,695 SH   SOLE   2,046,695 0 0
BB&T CORP COM 054937107 36,976 950,775 SH   SOLE   950,775 0 0
BCE INC COM NEW 05534B760 313,560 6,827,348 SH   SOLE   6,827,348 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 158,399 6,947,406 SH   SOLE   6,947,406 0 0
CAE INC COM 124765108 114,104 8,777,995 SH   SOLE   8,777,995 0 0
CAMECO CORP COM 13321L108 80,372 4,894,489 SH   SOLE   4,894,489 0 0
CANADIAN NAT RES LTD COM 136385101 429,904 13,884,506 SH   SOLE   13,884,506 0 0
CELESTICA INC SUB VTG SHS 15101Q108 218,914 18,605,268 SH   SOLE   18,605,268 0 0
CENOVUS ENERGY INC COM 15135U109 119,184 5,768,280 SH   SOLE   5,768,280 0 0
CHEVRON CORP NEW COM 166764100 26,285 234,307 SH   SOLE   234,307 0 0
CHINA BIOLOGIC PRODS INC COM 16938C106 6,515 96,900 SH   SOLE   96,900 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 26,551 451,400 SH   SOLE   451,400 0 0
CISCO SYS INC COM 17275R102 220,208 7,916,863 SH   SOLE   7,916,863 0 0
CITIGROUP INC COM NEW 172967424 250,593 4,631,183 SH   SOLE   4,631,183 0 0
COMCAST CORP NEW CL A SPL 20030N200 160,376 2,785,990 SH   SOLE   2,785,990 0 0
COMCAST CORP NEW CL A 20030N101 3,766 64,917 SH   SOLE   64,917 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 21,143 3,361,373 SH   SOLE   3,361,373 0 0
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 45,050 3,420,658 SH   SOLE   3,420,658 0 0
CONCORD MED SVCS HLDGS LTD SPONSORED ADR 206277105 641 100,000 SH   SOLE   100,000 0 0
CONOCOPHILLIPS COM 20825C104 235,073 3,403,900 SH   SOLE   3,403,900 0 0
DEVON ENERGY CORP NEW COM 25179M103 176,965 2,891,110 SH   SOLE   2,891,110 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 125,660 1,699,490 SH   SOLE   1,699,490 0 0
ENCANA CORP COM 292505104 44,747 3,210,307 SH   SOLE   3,210,307 0 0
ERICSSON ADR B SEK 10 294821608 71,822 5,935,696 SH   SOLE   5,935,696 0 0
EXAR CORP COM 300645108 146 14,281 SH   SOLE   14,281 0 0
EXXON MOBIL CORP COM 30231G102 230 2,490 SH   SOLE   2,490 0 0
FIRST SOLAR INC COM 336433107 37,033 830,422 SH   SOLE   830,422 0 0
FREEPORT-MCMORAN INC CL B 35671D857 83,635 3,580,275 SH   SOLE   3,580,275 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 110,590 3,296,266 SH   SOLE   3,296,266 0 0
GENERAL ELECTRIC CO COM 369604103 248,463 9,832,337 SH   SOLE   9,832,337 0 0
GERDAU S A SPON ADR REP PFD 373737105 2,824 795,600 SH   SOLE   795,600 0 0
GILEAD SCIENCES INC COM 375558103 147,281 1,562,500 SH   SOLE   1,562,500 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 46,777 1,094,463 SH   SOLE   1,094,463 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 148,161 5,185,882 SH   SOLE   5,185,882 0 0
HALYARD HEALTH INC COM 40650V100 7,391 162,551 SH   SOLE   162,551 0 0
HESS CORP COM 42809H107 115,012 1,558,000 SH   SOLE   1,558,000 0 0
HUDBAY MINERALS INC COM 443628102 176,348 20,215,505 SH   SOLE   20,215,505 0 0
ICICI BK LTD ADR 45104G104 18,792 1,627,000 SH   SOLE   1,627,000 0 0
INDIA FD INC COM 454089103 5,857 226,945 SH   SOLE   226,945 0 0
INFOSYS LTD SPONSORED ADR 456788108 16,359 520,000 SH   SOLE   520,000 0 0
ING GROEP N V SPONSORED ADR 456837103 4,298 331,386 SH   SOLE   331,386 0 0
INTEL CORP COM 458140100 150,802 4,155,459 SH   SOLE   4,155,459 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 176,347 1,099,144 SH   SOLE   1,099,144 0 0
ISHARES INC CORE MSCI EMKT 46434G103 19,988 425,000 SH   SOLE   425,000 0 0
ISHARES TR MSCI UTD KNGDM 46434V548 382 21,200 SH   SOLE   21,200 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 15,987 406,900 SH   SOLE   406,900 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,928 48,125 SH   SOLE   48,125 0 0
JOHNSON CTLS INC COM 478366107 80,130 1,657,625 SH   SOLE   1,657,625 0 0
JOHNSON & JOHNSON COM 478160104 176,246 1,685,439 SH   SOLE   1,685,439 0 0
KIMBERLY CLARK CORP COM 494368103 157,171 1,360,316 SH   SOLE   1,360,316 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 73,369 1,020,295 SH   SOLE   1,020,295 0 0
LOEWS CORP COM 540424108 121,971 2,902,685 SH   SOLE   2,902,685 0 0
MAGNA INTL INC COM 559222401 213,815 1,970,347 SH   SOLE   1,970,347 0 0
MANULIFE FINL CORP COM 56501R106 360,897 18,876,300 SH   SOLE   18,876,300 0 0
MARATHON OIL CORP COM 565849106 79,681 2,816,581 SH   SOLE   2,816,581 0 0
MEDTRONIC INC COM 585055106 51,961 719,680 SH   SOLE   719,680 0 0
METLIFE INC COM 59156R108 544 10,049 SH   SOLE   10,049 0 0
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 6,125 232,000 SH   SOLE   232,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 5,809 809,100 SH   SOLE   809,100 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 14,385 535,150 SH   SOLE   535,150 0 0
PENGROWTH ENERGY CORP COM 70706P104 36,615 11,605,850 SH   SOLE   11,605,850 0 0
PEPSICO INC COM 713448108 124,850 1,320,324 SH   SOLE   1,320,324 0 0
PFIZER INC COM 717081103 208,198 6,683,735 SH   SOLE   6,683,735 0 0
PHOTRONICS INC COM 719405102 11,613 1,397,445 SH   SOLE   1,397,445 0 0
PRECISION DRILLING CORP COM 2010 74022D308 20,959 3,443,975 SH   SOLE   3,443,975 0 0
PROCTER & GAMBLE CO COM 742718109 104,800 1,150,505 SH   SOLE   1,150,505 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 240,440 6,175,221 SH   SOLE   6,175,221 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 246,468 3,563,407 SH   SOLE   3,563,407 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 241,587 3,608,475 SH   SOLE   3,608,475 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 917 13,187 SH   SOLE   13,187 0 0
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 19,299 4,269,616 SH   SOLE   4,269,616 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,412 11,735 SH   SOLE   11,735 0 0
STATE STR CORP COM 857477103 145,726 1,856,384 SH   SOLE   1,856,384 0 0
STATOIL ASA SPONSORED ADR 85771P102 7,313 415,279 SH   SOLE   415,279 0 0
SUNCOR ENERGY INC NEW COM 867224107 441,705 13,886,777 SH   SOLE   13,886,777 0 0
SUN LIFE FINL INC COM 866796105 355,867 9,848,330 SH   SOLE   9,848,330 0 0
TALISMAN ENERGY INC COM 87425E103 219,136 27,936,199 SH   SOLE   27,936,199 0 0
TECK RESOURCES LTD CL B 878742204 177,052 12,934,368 SH   SOLE   12,934,368 0 0
TELEFLEX INC COM 879369106 276 2,404 SH   SOLE   2,404 0 0
TELEFONICA S A SPONSORED ADR 879382208 427 30,015 SH   SOLE   30,015 0 0
TELUS CORP COM 87971M103 340,722 9,435,939 SH   SOLE   9,435,939 0 0
THOMPSON CREEK METALS CO INC COM 884768102 29,998 18,031,424 SH   SOLE   18,031,424 0 0
THOMSON REUTERS CORP COM 884903105 292,098 7,229,854 SH   SOLE   7,229,854 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 283,719 5,929,417 SH   SOLE   5,929,417 0 0
TOTAL S A SPONSORED ADR 89151E109 470 9,189 SH   SOLE   9,189 0 0
UNITED PARCEL SERVICE INC CL B 911312106 137,629 1,238,003 SH   SOLE   1,238,003 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 29,135 728,000 SH   SOLE   728,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 244,881 5,234,744 SH   SOLE   5,234,744 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 107,668 3,150,963 SH   SOLE   3,150,963 0 0
WAL-MART STORES INC COM 931142103 193,137 2,248,914 SH   SOLE   2,248,914 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 8,418 250,000 SH   SOLE   250,000 0 0