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 555 3,600 SH   SOLE   3,600 0 0
AAC HLDGS INC COM 000307108 1,786 41,000 SH   SOLE   41,000 0 0
ABBOTT LABS COM 002824100 245 5,000 SH   SOLE   5,000 0 0
ABBVIE INC COM 00287Y109 336 5,000 SH   SOLE   5,000 0 0
ACXIOM CORP COM 005125109 316 18,000 SH   SOLE   18,000 0 0
ADVANTAGE OIL & GAS LTD COM 00765F101 610 96,330 SH   SOLE   96,330 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 926 24,000 SH   SOLE   24,000 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 300 4,300 SH   SOLE   4,300 0 0
ALBEMARLE CORP COM 012653101 1,105 20,000 SH   SOLE   20,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 2,869 95,000 SH   SOLE   95,000 0 0
ALTRIA GROUP INC COM 02209S103 734 15,000 SH   SOLE   15,000 0 0
AMAYA INC COM 02314M108 11,961 436,020 SH   SOLE   436,020 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 2,948 133,100 SH   SOLE   133,100 0 0
APPLE INC COM 037833100 9,449 75,334 SH   SOLE   75,334 0 0
APPLIED MATLS INC COM 038222105 4,569 237,900 SH   SOLE   237,900 0 0
ARCTIC CAT INC COM 039670104 1,684 50,700 SH   SOLE   50,700 0 0
ARISTA NETWORKS INC COM 040413106 1,839 22,500 SH   SOLE   22,500 0 0
AT&T INC COM 00206R102 238 6,700 SH   SOLE   6,700 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 353 4,400 SH   SOLE   4,400 0 0
AXALTA COATING SYS LTD COM G0750C108 351 10,600 SH   SOLE   10,600 0 0
BAKER HUGHES INC COM 057224107 925 15,000 SH   SOLE   15,000 0 0
BANK AMER CORP COM 060505104 5,442 319,740 SH   SOLE   319,740 0 0
BANK MONTREAL QUE COM 063671101 401 6,751 SH   SOLE   6,751 0 0
BANK N S HALIFAX COM 064149107 965 18,680 SH   SOLE   18,680 0 0
BANK NEW YORK MELLON CORP COM 064058100 7,693 183,300 SH   SOLE   183,300 0 0
BAYTEX ENERGY CORP COM 07317Q105 4,558 292,640 SH   SOLE   292,640 0 0
BCE INC COM NEW 05534B760 471 11,074 SH   SOLE   11,074 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,073 15 SH   SOLE   15 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,822 28,082 SH   SOLE   28,082 0 0
BLACKROCK INC COM 09247X101 363 1,050 SH   SOLE   1,050 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 307 7,500 SH   SOLE   7,500 0 0
BROADCOM CORP CL A 111320107 463 9,000 SH   SOLE   9,000 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 7,593 342,900 SH   SOLE   342,900 0 0
CAE INC COM 124765108 1,788 150,000 SH   SOLE   150,000 0 0
CAMECO CORP COM 13321L108 7,477 521,900 SH   SOLE   521,900 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 281 10,000 SH   SOLE   10,000 0 0
CARMIKE CINEMAS INC COM 143436400 1,290 48,600 SH   SOLE   48,600 0 0
CARRIAGE SVCS INC COM 143905107 1,457 61,000 SH   SOLE   61,000 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 313 4,241 SH   SOLE   4,241 0 0
CHEVRON CORP NEW COM 166764100 1,749 18,125 SH   SOLE   18,125 0 0
CHURCHILL DOWNS INC COM 171484108 1,736 13,880 SH   SOLE   13,880 0 0
CISCO SYS INC COM 17275R102 1,181 43,000 SH   SOLE   43,000 0 0
CIT GROUP INC COM NEW 125581801 900 19,350 SH   SOLE   19,350 0 0
CITIGROUP INC COM NEW 172967424 3,039 55,007 SH   SOLE   55,007 0 0
COCA COLA CO COM 191216100 5,386 137,300 SH   SOLE   137,300 0 0
COLFAX CORP COM 194014106 461 10,000 SH   SOLE   10,000 0 0
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 399 10,400 SH   SOLE   10,400 0 0
COMSCORE INC COM 20564W105 213 4,000 SH   SOLE   4,000 0 0
CONCORDIA HEALTHCARE CORP COM 206519100 5,455 75,400 SH   SOLE   75,400 0 0
CVS HEALTH CORP COM 126650100 2,011 19,175 SH   SOLE   19,175 0 0
DAVE & BUSTERS ENTMT INC COM 238337109 1,155 32,000 SH   SOLE   32,000 0 0
DENBURY RES INC COM NEW 247916208 493 77,500 SH   SOLE   77,500 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 6,265 53,990 SH   SOLE   53,990 0 0
DINEEQUITY INC COM 254423106 2,012 20,300 SH   SOLE   20,300 0 0
DIPLOMAT PHARMACY INC COM 25456K101 671 15,000 SH   SOLE   15,000 0 0
DREW INDS INC COM NEW 26168L205 308 5,300 SH   SOLE   5,300 0 0
E M C CORP MASS COM 268648102 1,515 57,400 SH   SOLE   57,400 0 0
EATON CORP PLC SHS G29183103 513 7,600 SH   SOLE   7,600 0 0
EMERSON ELEC CO COM 291011104 538 9,700 SH   SOLE   9,700 0 0
ENBRIDGE INC COM 29250N105 6,131 130,928 SH   SOLE   130,928 0 0
ENERGIZER HLDGS INC COM 29266R108 1,644 12,500 SH   SOLE   12,500 0 0
ENERPLUS CORP COM 292766102 3,091 351,745 SH   SOLE   351,745 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 405 7,500 SH   SOLE   7,500 0 0
EXXON MOBIL CORP COM 30231G102 329 3,950 SH   SOLE   3,950 0 0
FACEBOOK INC CL A 30303M102 1,844 21,500 SH   SOLE   21,500 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 794 52,900 SH   SOLE   52,900 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 5,701 781,000 SH   SOLE   781,000 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 181 10,000 SH   SOLE   10,000 0 0
FULTON FINL CORP PA COM 360271100 131 10,000 SH   SOLE   10,000 0 0
GENERAL ELECTRIC CO COM 369604103 4,516 169,963 SH   SOLE   169,963 0 0
GENERAL MTRS CO COM 37045V100 483 14,500 SH   SOLE   14,500 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 7,343 176,300 SH   SOLE   176,300 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,293 6,195 SH   SOLE   6,195 0 0
GOOGLE INC CL A 38259P508 994 1,840 SH   SOLE   1,840 0 0
GOOGLE INC CL C 38259P706 1,337 2,569 SH   SOLE   2,569 0 0
GRAN TIERRA ENERGY INC COM 38500T101 2,096 703,500 SH   SOLE   703,500 0 0
HALLIBURTON CO COM 406216101 870 20,200 SH   SOLE   20,200 0 0
HALYARD HEALTH INC COM 40650V100 3,166 78,181 SH   SOLE   78,181 0 0
HEICO CORP NEW COM 422806109 2,384 40,900 SH   SOLE   40,900 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 797 44,000 SH   SOLE   44,000 0 0
HUNTINGTON BANCSHARES INC COM 446150104 749 66,250 SH   SOLE   66,250 0 0
INTEL CORP COM 458140100 1,350 44,400 SH   SOLE   44,400 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 317 1,948 SH   SOLE   1,948 0 0
INTUIT COM 461202103 2,963 29,400 SH   SOLE   29,400 0 0
ISHARES INC MSCI EMRGN ETF 46434G608 211 9,400 SH   SOLE   9,400 0 0
JOHNSON & JOHNSON COM 478160104 2,000 20,525 SH   SOLE   20,525 0 0
JPMORGAN CHASE & CO COM 46625H100 2,691 39,707 SH   SOLE   39,707 0 0
KAR AUCTION SVCS INC COM 48238T109 1,144 30,600 SH   SOLE   30,600 0 0
KIMBERLY CLARK CORP COM 494368103 324 3,058 SH   SOLE   3,058 0 0
KKR & CO L P DEL COM UNITS 48248M102 228 10,000 SH   SOLE   10,000 0 0
KNOWLES CORP COM 49926D109 1,158 64,000 SH   SOLE   64,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 604 7,099 SH   SOLE   7,099 0 0
LAZARD LTD SHS A G54050102 4,077 72,500 SH   SOLE   72,500 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 2,814 55,000 SH   SOLE   55,000 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 3,051 85,000 SH   SOLE   85,000 0 0
LINKEDIN CORP COM CL A 53578A108 1,302 6,300 SH   SOLE   6,300 0 0
M & T BK CORP COM 55261F104 425 3,400 SH   SOLE   3,400 0 0
MAGNA INTL INC COM 559222401 5,321 94,685 SH   SOLE   94,685 0 0
MALIBU BOATS INC COM CL A 56117J100 633 31,500 SH   SOLE   31,500 0 0
MANULIFE FINL CORP COM 56501R106 2,276 122,347 SH   SOLE   122,347 0 0
MARATHON OIL CORP COM 565849106 265 10,000 SH   SOLE   10,000 0 0
MARINEMAX INC COM 567908108 2,137 90,900 SH   SOLE   90,900 0 0
MASTERCARD INC CL A 57636Q104 280 3,000 SH   SOLE   3,000 0 0
MATERIALISE NV SPONSORED ADS 57667T100 1,228 135,000 SH   SOLE   135,000 0 0
MCDONALDS CORP COM 580135101 5,210 54,800 SH   SOLE   54,800 0 0
MERUS LABS INTL INC NEW COM 59047R101 236 100,000 SH   SOLE   100,000 0 0
METHES ENERGIES INTL LTD COM 591517107 23 48,657 SH   SOLE   48,657 0 0
MICROSOFT CORP COM 594918104 5,701 129,131 SH   SOLE   129,131 0 0
MONDELEZ INTL INC CL A 609207105 296 7,200 SH   SOLE   7,200 0 0
MORGAN STANLEY COM NEW 617446448 1,850 47,700 SH   SOLE   47,700 0 0
NATIONAL FUEL GAS CO N J COM 636180101 294 5,000 SH   SOLE   5,000 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 168 10,000 SH   SOLE   10,000 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 1,477 96,900 SH   SOLE   96,900 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 804 328,800 SH   SOLE   328,800 0 0
NXP SEMICONDUCTORS N V COM N6596X109 1,178 12,000 SH   SOLE   12,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 3,271 61,500 SH   SOLE   61,500 0 0
OCH ZIFF CAP MGMT GROUP CL A 67551U105 3,546 290,200 SH   SOLE   290,200 0 0
OFFICE DEPOT INC COM 676220106 565 65,300 SH   SOLE   65,300 0 0
PEMBINA PIPELINE CORP COM 706327103 266 8,210 SH   SOLE   8,210 0 0
PENGROWTH ENERGY CORP COM 70706P104 28 11,200 SH   SOLE   11,200 0 0
PEPSICO INC COM 713448108 868 9,300 SH   SOLE   9,300 0 0
PERFORMANCE SPORTS GROUP LTD COM 71377G100 1,829 101,500 SH   SOLE   101,500 0 0
PFIZER INC COM 717081103 7,560 225,480 SH   SOLE   225,480 0 0
PHILLIPS 66 COM 718546104 3,021 37,500 SH   SOLE   37,500 0 0
POOL CORPORATION COM 73278L105 365 5,200 SH   SOLE   5,200 0 0
POTASH CORP SASK INC COM 73755L107 366 11,800 SH   SOLE   11,800 0 0
PRECISION CASTPARTS CORP COM 740189105 552 2,760 SH   SOLE   2,760 0 0
PRECISION DRILLING CORP COM 2010 74022D308 970 144,050 SH   SOLE   144,050 0 0
PROCTER & GAMBLE CO COM 742718109 501 6,400 SH   SOLE   6,400 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 592 22,570 SH   SOLE   22,570 0 0
QUALYS INC COM 74758T303 1,251 31,000 SH   SOLE   31,000 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 7,546 126,650 SH   SOLE   126,650 0 0
REALOGY HLDGS CORP COM 75605Y106 3,999 85,600 SH   SOLE   85,600 0 0
RITE AID CORP COM 767754104 5,003 599,200 SH   SOLE   599,200 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 321 9,027 SH   SOLE   9,027 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 837 13,663 SH   SOLE   13,663 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 673 11,805 SH   SOLE   11,805 0 0
SCHLUMBERGER LTD COM 806857108 867 10,060 SH   SOLE   10,060 0 0
SELECT COMFORT CORP COM 81616X103 466 15,500 SH   SOLE   15,500 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 549 7,300 SH   SOLE   7,300 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,124 46,100 SH   SOLE   46,100 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,132 27,350 SH   SOLE   27,350 0 0
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 108 20,000 SH   SOLE   20,000 0 0
SERVICE CORP INTL COM 817565104 2,958 100,500 SH   SOLE   100,500 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 4,652 213,321 SH   SOLE   213,321 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 1,911 42,600 SH   SOLE   42,600 0 0
SOTHEBYS COM 835898107 489 10,800 SH   SOLE   10,800 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,937 14,270 SH   SOLE   14,270 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 442 10,000 SH   SOLE   10,000 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 4,161 40,800 SH   SOLE   40,800 0 0
STATE STR CORP COM 857477103 377 4,900 SH   SOLE   4,900 0 0
STERICYCLE INC COM 858912108 964 7,200 SH   SOLE   7,200 0 0
STERIS CORP COM 859152100 677 10,500 SH   SOLE   10,500 0 0
STIFEL FINL CORP COM 860630102 433 7,500 SH   SOLE   7,500 0 0
SUNCOR ENERGY INC NEW COM 867224107 7,343 266,285 SH   SOLE   266,285 0 0
TEMPUR SEALY INTL INC COM 88023U101 1,542 23,400 SH   SOLE   23,400 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1,235 20,900 SH   SOLE   20,900 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 1,727 40,614 SH   SOLE   40,614 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,565 11,700 SH   SOLE   11,700 0 0
TRANSALTA CORP COM 89346D107 144 18,500 SH   SOLE   18,500 0 0
TRANSCANADA CORP COM 89353D107 1,470 36,122 SH   SOLE   36,122 0 0
TUCOWS INC COM NEW 898697206 1,563 56,127 SH   SOLE   56,127 0 0
TWITTER INC COM 90184L102 967 26,700 SH   SOLE   26,700 0 0
UNION PAC CORP COM 907818108 563 5,900 SH   SOLE   5,900 0 0
UNITED PARCEL SERVICE INC CL B 911312106 523 5,400 SH   SOLE   5,400 0 0
UNITED TECHNOLOGIES CORP COM 913017109 882 7,950 SH   SOLE   7,950 0 0
UR ENERGY INC COM 91688R108 19 25,000 SH   SOLE   25,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 700 12,960 SH   SOLE   12,960 0 0
VCA INC COM 918194101 1,393 25,600 SH   SOLE   25,600 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,651 142,700 SH   SOLE   142,700 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 886 6,700 SH   SOLE   6,700 0 0
WABCO HLDGS INC COM 92927K102 625 5,050 SH   SOLE   5,050 0 0
WABTEC CORP COM 929740108 971 10,300 SH   SOLE   10,300 0 0
WADDELL & REED FINL INC CL A 930059100 468 9,300 SH   SOLE   9,300 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 2,347 27,800 SH   SOLE   27,800 0 0
WAL-MART STORES INC COM 931142103 605 8,535 SH   SOLE   8,535 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 1,244 51,000 SH   SOLE   51,000 0 0
WELLS FARGO & CO NEW COM 949746101 374 6,650 SH   SOLE   6,650 0 0
WYNN RESORTS LTD COM 983134107 247 2,500 SH   SOLE   2,500 0 0
XILINX INC COM 983919101 309 7,000 SH   SOLE   7,000 0 0
YUM BRANDS INC COM 988498101 306 3,400 SH   SOLE   3,400 0 0
ZIONS BANCORPORATION COM 989701107 889 28,000 SH   SOLE   28,000 0 0
ZYNGA INC CL A 98986T108 2,302 805,000 SH   SOLE   805,000 0 0