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
ADVANTAGE OIL & GAS LTD COM 00765F101 23,538 8,445,139 SH   SOLE   0 0 0
Aegerion Pharmaceuticals Inc., NOTE 2.000% 8/1 00767EAB8 39,556 52,392,000 SH   SOLE   0 0 0
AFFILIATED MANAGERS GROUP COM 008252108 443,581 3,244,450 SH   SOLE   0 0 0
BANK N S HALIFAX COM 064149107 69,923 1,173,085 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 598,080 1,869 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 122,307 571,235 SH   SOLE   0 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 15,390 845,123 SH   SOLE   0 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 41,956 942,644 SH   SOLE   0 0 0
COLONY CAP INC NOTE 5.000% 4/0 19624RAA4 1,910 2,036,000 SH   SOLE   0 0 0
COLLIERS INTL GROUP INC SUB VTG SHRS 194693107 43,607 562,970 SH   SOLE   0 0 0
CROWN HOLDINGS INC COM 228368106 206,010 4,291,880 SH   SOLE   0 0 0
CSX Corp. COM 126408103 720,458 9,729,347 SH   SOLE   0 0 0
DIGI INTL INC COM 253798102 16,978 1,262,273 SH   SOLE   0 0 0
DINE BRANDS GLOBAL INC. COM 254423106 28,338 348,516 SH   SOLE   0 0 0
ECHOSTAR CORP., CLASS A CL A 278768106 32,475 700,338 SH   SOLE   0 0 0
ENBRIDGE INC COM 29250N105 47,880 1,483,790 SH   SOLE   0 0 0
FIDELITY NATIONAL INFORMATION SERVICES, INC. COM 31620M106 495,476 4,542,734 SH   SOLE   0 0 0
FLOWSERVE CORP COM 34354P105 772,094 14,117,650 SH   SOLE   0 0 0
FRANCO NEVADA CORP COM 351858105 27,380 437,695 SH   SOLE   0 0 0
GENERAC HLDGS INC COM 368736104 352,055 6,241,005 SH   SOLE   0 0 0
GILDAN ACTIVEWEAR INC COM 375916103 36,889 1,212,400 SH   SOLE   0 0 0
GRAN TIERRA ENERGY INC NOTE 5.000% 4/0 38500TAB7 4,144 3,110,000 SH   SOLE   0 0 0
GRANITE REAL ESTATE INVT TR UNIT/99/99/9999 387437114 90,947 2,117,769 SH   SOLE   0 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 292,372 3,904,019 SH   SOLE   0 0 0
MANULIFE FINL CORP COM 56501R106 73,231 4,096,521 SH   SOLE   0 0 0
MATTEL, INC. COM 577081102 106,007 6,752,063 SH   SOLE   0 0 0
MIDDLEBY CORP COM 596278101 662,614 5,122,646 SH   SOLE   0 0 0
NATIONAL ENERGY SERVICES REU *W EXP 05/05/202 G6375R115 2,240 1,000,000 SH   SOLE   0 0 0
NOVELION THERAPEUTICS INC COM 67001K202 6,497 2,195,063 SH   SOLE   0 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 71,562 1,728,551 SH   SOLE   0 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 79,008 10,413,371 SH   SOLE   0 0 0
PRICESMART INC COM 741511109 186,864 2,308,394 SH   SOLE   0 0 0
REALOGY HLDGS CORP COM 75605Y106 346,646 16,794,864 SH   SOLE   0 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 104,052 1,757,320 SH   SOLE   0 0 0
SEACOR HOLDINGS INC NOTE 2.500%12/1 811904AM3 17,561 17,500,000 SH   SOLE   0 0 0
SERITAGE GROWTH PPTYS COM 81752R100 228,005 4,801,106 SH   SOLE   0 0 0
SOGOU INC ADR REPSTG A 83409V104 60,240 8,107,618 SH   SOLE   0 0 0
TE CONNECTIVITY LTD COM H84989104 548,014 6,232,393 SH   SOLE   0 0 0
TORONTO DOMINION BK ONT COM 891160509 57,251 942,140 SH   SOLE   0 0 0
UBIQUITI NETWORKS INC COM 90347A100 264,629 2,676,802 SH   SOLE   0 0 0
WABCO HLDGS INC COM 92927K102 469,582 3,981,535 SH   SOLE   0 0 0
WELLS FARGO & CO NEW COM 949746101 739,280 14,065,445 SH   SOLE   0 0 0
WESCO INTL INC COM 95082P105 251,749 4,096,807 SH   SOLE   0 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 11,588 662,273 SH   SOLE   0 0 0