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 4,481 30,100 SH   SOLE   0 30,100 0
ABBOTT LABS COM 002824100 568 4,800 SH   SOLE   0 4,800 0
ABBVIE INC COM 00287Y109 14,833 91,500 SH   SOLE   0 91,500 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 304 900 SH   SOLE   0 900 0
ADOBE SYSTEMS INCORPORATED COM 00724F101 1,139 2,500 SH   SOLE   0 2,500 0
ADVANCE AUTO PARTS INC COM 00751Y106 5,816 28,100 SH   SOLE   0 28,100 0
ADVANCED MICRO DEVICES INC COM 007903107 492 4,501 SH   SOLE   0 4,501 0
AES CORP COM 00130H105 6,013 233,700 SH   SOLE   0 233,700 0
AGNICO EAGLE MINES LTD COM 008474108 57,953 757,957 SH   SOLE   0 757,957 0
AIR PRODS & CHEMS INC COM 009158106 7,898 31,600 SH   SOLE   0 31,600 0
ALASKA AIR GROUP INC COM 011659109 603 10,400 SH   SOLE   0 10,400 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 6,040 30,000 SH   SOLE   0 30,000 0
ALGONQUIN PWR UTILS CORP COM 015857105 57,616 2,971,419 SH   SOLE   0 2,971,419 0
ALIGN TECHNOLOGY INC COM 016255101 872 2,000 SH   SOLE   0 2,000 0
ALLSTATE CORP COM 020002101 249 1,800 SH   SOLE   0 1,800 0
ALPHABET INC CAP STK CL C 02079K107 1,396 500 SH   SOLE   0 500 0
ALPHABET INC CAP STK CL A 02079K305 5,840 2,100 SH   SOLE   0 2,100 0
ALTRIA GROUP INC COM 02209S103 9,269 177,200 SH   SOLE   0 177,200 0
AMAZON COM INC COM 023135106 6,845 2,100 SH   SOLE   0 2,100 0
AMERICAN HOMES 4 RENT CL A 02665T306 4,844 121,000 SH   SOLE   0 121,000 0
AMERICAN TOWER CORP NEW COM 03027X100 6,286 25,000 SH   SOLE   0 25,000 0
AMGEN INC COM 031162100 9,523 39,400 SH   SOLE   0 39,400 0
ANALOG DEVICES INC COM 032654105 8,454 51,200 SH   SOLE   0 51,200 0
APPLE INC COM 037833100 11,685 66,900 SH   SOLE   0 66,900 0
APPLIED MATLS INC COM 038222105 961 7,300 SH   SOLE   0 7,300 0
ARISTA NETWORKS INC COM 040413106 278 2,000 SH   SOLE   0 2,000 0
AT&T INC COM 00206R102 17,292 731,800 SH   SOLE   0 731,800 0
AUTOMATIC DATA PROCESSING IN COM 053015103 2,298 10,100 SH   SOLE   0 10,100 0
AVALONBAY CMNTYS INC COM 053484101 2,980 12,000 SH   SOLE   0 12,000 0
B2GOLD CORP COM 11777Q209 22,807 3,980,300 SH   SOLE   0 3,980,300 0
BANK MONTREAL QUE COM 063671101 217,763 1,480,375 SH   SOLE   0 1,480,375 0
BANK NOVA SCOTIA B C COM 064149107 95,782 1,069,229 SH   SOLE   0 1,069,229 0
BARRICK GOLD CORP COM 067901108 15,772 514,600 SH   SOLE   0 514,600 0
BAUSCH HEALTH COS INC COM 071734107 450 15,800 SH   SOLE   0 15,800 0
BAXTER INTL INC COM 071813109 775 10,000 SH   SOLE   0 10,000 0
BCE INC COM NEW 05534B760 76,967 1,110,960 SH   SOLE   0 1,110,960 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,612 7,400 SH   SOLE   0 7,400 0
BK OF AMERICA CORP COM 060505104 11,382 276,200 SH   SOLE   0 276,200 0
BLACKROCK INC COM 09247X101 3,671 4,800 SH   SOLE   0 4,800 0
BOSTON SCIENTIFIC CORP COM 101137107 992 22,400 SH   SOLE   0 22,400 0
BRISTOL-MYERS SQUIBB CO COM 110122108 16,444 225,200 SH   SOLE   0 225,200 0
BROADCOM INC COM 11135F101 19,138 30,400 SH   SOLE   0 30,400 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 66,680 944,340 SH   SOLE   0 944,340 0
BROOKFIELD BUSINESS PARTNERS UNIT LTD L P G16234109 6,068 159,400 SH   SOLE   0 159,400 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 78,533 950,190 SH   SOLE   0 950,190 0
BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A 11275Q107 18,692 200,777 SH   SOLE   0 200,777 0
BROOKFIELD RENEWABLE CORP CL A SUB VTG 11284V105 16,371 301,600 SH   SOLE   0 301,600 0
BROOKFIELD RENEWABLE PARTNER PARTNERSHIP UNIT G16258108 16,879 329,724 SH   SOLE   0 329,724 0
BRP INC COM SUN VTG 05577W200 10,351 101,460 SH   SOLE   0 101,460 0
CAMECO CORP COM 13321L108 7,449 204,710 SH   SOLE   0 204,710 0
CANADIAN IMP BK COMM COM 136069101 118,421 780,366 SH   SOLE   0 780,366 0
CANADIAN NAT RES LTD COM 136385101 88,476 1,143,550 SH   SOLE   0 1,143,550 0
CANADIAN NATL RY CO COM 136375102 56,858 339,554 SH   SOLE   0 339,554 0
CANADIAN PAC RY LTD COM 13645T100 57,581 558,060 SH   SOLE   0 558,060 0
CATALENT INC COM 148806102 621 5,600 SH   SOLE   0 5,600 0
CATERPILLAR INC COM 149123101 3,699 16,600 SH   SOLE   0 16,600 0
CELESTICA INC SUB VTG SHS 15101Q108 4,299 290,100 SH   SOLE   0 290,100 0
CENOVUS ENERGY INC COM 15135U109 71,777 3,449,154 SH   SOLE   0 3,449,154 0
CF INDS HLDGS INC COM 125269100 680 6,600 SH   SOLE   0 6,600 0
CHEVRON CORP NEW COM 166764100 3,728 22,900 SH   SOLE   0 22,900 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 791 500 SH   SOLE   0 500 0
CHUBB LIMITED COM H1467J104 1,112 5,200 SH   SOLE   0 5,200 0
CI FINL CORP COM 125491100 63,773 3,212,768 SH   SOLE   0 3,212,768 0
CIGNA CORP NEW COM 125523100 863 3,600 SH   SOLE   0 3,600 0
CISCO SYS INC COM 17275R102 14,610 262,200 SH   SOLE   0 262,200 0
CITIGROUP INC COM NEW 172967424 9,758 182,800 SH   SOLE   0 182,800 0
CITIZENS FINL GROUP INC COM 174610105 4,465 98,500 SH   SOLE   0 98,500 0
COCA COLA CO COM 191216100 20,355 328,300 SH   SOLE   0 328,300 0
COLGATE PALMOLIVE CO COM 194162103 5,906 77,900 SH   SOLE   0 77,900 0
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 13,523 83,140 SH   SOLE   0 83,140 0
COMCAST CORP NEW CL A 20030N101 15,703 335,400 SH   SOLE   0 335,400 0
CONAGRA BRANDS INC COM 205887102 3,704 110,300 SH   SOLE   0 110,300 0
CONOCOPHILLIPS COM 20825C104 8,981 89,800 SH   SOLE   0 89,800 0
CONSTELLATION BRANDS INC CL A 21036P108 875 3,800 SH   SOLE   0 3,800 0
CORNING INC COM 219350105 4,930 133,600 SH   SOLE   0 133,600 0
CRESCENT PT ENERGY CORP COM 22576C101 49,121 5,421,720 SH   SOLE   0 5,421,720 0
CRONOS GROUP INC COM 22717L101 4,173 860,310 SH   SOLE   0 860,310 0
CROWN CASTLE INTL CORP NEW COM 22822V101 9,621 52,100 SH   SOLE   0 52,100 0
CSX CORP COM 126408103 1,288 34,400 SH   SOLE   0 34,400 0
CUMMINS INC COM 231021106 4,900 23,900 SH   SOLE   0 23,900 0
CVS HEALTH CORP COM 126650100 6,376 63,000 SH   SOLE   0 63,000 0
DANAHER CORPORATION COM 235851102 851 2,900 SH   SOLE   0 2,900 0
DEXCOM INC COM 252131107 614 1,200 SH   SOLE   0 1,200 0
DIGITAL RLTY TR INC COM 253868103 7,076 49,900 SH   SOLE   0 49,900 0
DISCOVERY INC COM SER A 25470F104 682 24,300 SH   SOLE   0 24,300 0
DISNEY WALT CO COM 254687106 1,173 8,550 SH   SOLE   0 8,550 0
DOMINION ENERGY INC COM 25746U109 8,702 102,400 SH   SOLE   0 102,400 0
DOW INC COM 260557103 1,695 26,600 SH   SOLE   0 26,600 0
DUKE ENERGY CORP NEW COM NEW 26441C204 6,691 59,900 SH   SOLE   0 59,900 0
DUKE REALTY CORP COM NEW 264411505 7,054 121,500 SH   SOLE   0 121,500 0
DUPONT DE NEMOURS INC COM 26614N102 594 8,066 SH   SOLE   0 8,066 0
EATON CORP PLC SHS G29183103 2,138 14,100 SH   SOLE   0 14,100 0
EMERSON ELEC CO COM 291011104 6,960 71,000 SH   SOLE   0 71,000 0
ENBRIDGE INC COM 29250N105 187,631 3,260,311 SH   SOLE   0 3,260,311 0
ENERPLUS CORP COM 292766102 21,560 1,361,950 SH   SOLE   0 1,361,950 0
ENPHASE ENERGY INC COM 29355A107 424 2,100 SH   SOLE   0 2,100 0
EOG RES INC COM 26875P101 2,194 18,400 SH   SOLE   0 18,400 0
EQUIFAX INC COM 294429105 711 3,000 SH   SOLE   0 3,000 0
EXELON CORP COM 30161N101 6,950 146,000 SH   SOLE   0 146,000 0
EXXON MOBIL CORP COM 30231G102 13,641 165,100 SH   SOLE   0 165,100 0
F5 INC COM 315616102 251 1,200 SH   SOLE   0 1,200 0
FEDEX CORP COM 31428X106 3,122 13,500 SH   SOLE   0 13,500 0
FIDELITY NATL INFORMATION SV COM 31620M106 5,765 57,400 SH   SOLE   0 57,400 0
FORD MTR CO DEL COM 345370860 2,200 130,100 SH   SOLE   0 130,100 0
FORTIS INC COM 349553107 17,434 282,100 SH   SOLE   0 282,100 0
FRANCO NEV CORP COM 351858105 35,280 177,400 SH   SOLE   0 177,400 0
FREEPORT-MCMORAN INC CL B 35671D857 4,015 80,700 SH   SOLE   0 80,700 0
GENERAC HLDGS INC COM 368736104 595 2,000 SH   SOLE   0 2,000 0
GENERAL MTRS CO COM 37045V100 770 17,600 SH   SOLE   0 17,600 0
GFL ENVIRONMENTAL INC SUB VTG SHS 36168Q104 34,436 849,010 SH   SOLE   0 849,010 0
GILDAN ACTIVEWEAR INC COM 375916103 21,925 467,990 SH   SOLE   0 467,990 0
GILEAD SCIENCES INC COM 375558103 12,033 202,400 SH   SOLE   0 202,400 0
GLOBAL PMTS INC COM 37940X102 718 5,250 SH   SOLE   0 5,250 0
GOLDMAN SACHS GROUP INC COM 38141G104 8,451 25,600 SH   SOLE   0 25,600 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 41,400 429,640 SH   SOLE   0 429,640 0
HARTFORD FINL SVCS GROUP INC COM 416515104 474 6,600 SH   SOLE   0 6,600 0
HEALTHPEAK PROPERTIES INC COM 42250P103 3,732 108,700 SH   SOLE   0 108,700 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 3,731 223,400 SH   SOLE   0 223,400 0
HOME DEPOT INC COM 437076102 12,810 42,800 SH   SOLE   0 42,800 0
HONEYWELL INTL INC COM 438516106 9,981 51,300 SH   SOLE   0 51,300 0
HUMANA INC COM 444859102 610 1,400 SH   SOLE   0 1,400 0
IMPERIAL OIL LTD COM NEW 453038408 21,414 354,300 SH   SOLE   0 354,300 0
INTEL CORP COM 458140100 9,996 201,900 SH   SOLE   0 201,900 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 1,387 10,500 SH   SOLE   0 10,500 0
INTERNATIONAL BUSINESS MACHS COM 459200101 14,752 113,450 SH   SOLE   0 113,450 0
INTERNATIONAL PAPER CO COM 460146103 4,006 86,800 SH   SOLE   0 86,800 0
IQVIA HLDGS INC COM 46266C105 832 3,600 SH   SOLE   0 3,600 0
JACOBS ENGR GROUP INC COM 469814107 689 5,000 SH   SOLE   0 5,000 0
JOHNSON & JOHNSON COM 478160104 11,378 64,200 SH   SOLE   0 64,200 0
JOHNSON CTLS INTL PLC SHS G51502105 5,600 85,400 SH   SOLE   0 85,400 0
JPMORGAN CHASE & CO COM 46625H100 10,864 79,700 SH   SOLE   0 79,700 0
KINROSS GOLD CORP COM 496902404 16,431 2,241,610 SH   SOLE   0 2,241,610 0
KKR & CO INC COM 48251W104 585 10,000 SH   SOLE   0 10,000 0
KRAFT HEINZ CO COM 500754106 2,627 66,700 SH   SOLE   0 66,700 0
LIGHTSPEED COMMERCE INC SUB VTG SHS 53229C107 18,301 480,340 SH   SOLE   0 480,340 0
LILLY ELI & CO COM 532457108 430 1,500 SH   SOLE   0 1,500 0
LINCOLN NATL CORP IND COM 534187109 614 9,400 SH   SOLE   0 9,400 0
LOCKHEED MARTIN CORP COM 539830109 11,079 25,100 SH   SOLE   0 25,100 0
LOWES COS INC COM 548661107 1,172 5,800 SH   SOLE   0 5,800 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 8,473 82,400 SH   SOLE   0 82,400 0
M & T BK CORP COM 55261F104 441 2,600 SH   SOLE   0 2,600 0
MAG SILVER CORP COM 55903Q104 5,395 267,100 SH   SOLE   0 267,100 0
MAGNA INTL INC COM 559222401 24,043 299,604 SH   SOLE   0 299,604 0
MANULIFE FINL CORP COM 56501R106 61,966 2,325,165 SH   SOLE   0 2,325,165 0
MARATHON PETE CORP COM 56585A102 5,138 60,100 SH   SOLE   0 60,100 0
MASTEC INC COM 576323109 557 6,400 SH   SOLE   0 6,400 0
MASTERCARD INCORPORATED CL A 57636Q104 1,912 5,350 SH   SOLE   0 5,350 0
MCDONALDS CORP COM 580135101 14,219 57,500 SH   SOLE   0 57,500 0
MEDICENNA THERAPEUTICS CORP COM 58490H107 117 73,900 SH   SOLE   0 73,900 0
MEDTRONIC PLC SHS G5960L103 10,527 94,900 SH   SOLE   0 94,900 0
MERCK & CO INC COM 58933Y105 18,232 222,200 SH   SOLE   0 222,200 0
META PLATFORMS INC CL A 30303M102 1,623 7,300 SH   SOLE   0 7,300 0
MICROCHIP TECHNOLOGY INC. COM 595017104 548 7,300 SH   SOLE   0 7,300 0
MICRON TECHNOLOGY INC COM 595112103 709 9,100 SH   SOLE   0 9,100 0
MICROSOFT CORP COM 594918104 10,259 33,300 SH   SOLE   0 33,300 0
MONDELEZ INTL INC CL A 609207105 10,114 161,100 SH   SOLE   0 161,100 0
MONSTER BEVERAGE CORP NEW COM 61174X109 463 5,800 SH   SOLE   0 5,800 0
MORGAN STANLEY COM NEW 617446448 4,013 45,900 SH   SOLE   0 45,900 0
NETFLIX INC COM 64110L106 1,049 2,800 SH   SOLE   0 2,800 0
NEW GOLD INC CDA COM 644535106 5,309 2,349,300 SH   SOLE   0 2,349,300 0
NEW YORK CMNTY BANCORP INC COM 649445103 3,010 280,800 SH   SOLE   0 280,800 0
NEWELL BRANDS INC COM 651229106 3,051 142,500 SH   SOLE   0 142,500 0
NEWMONT CORP COM 651639106 2,717 34,200 SH   SOLE   0 34,200 0
NEXGEN ENERGY LTD COM 65340P106 5,831 828,300 SH   SOLE   0 828,300 0
NEXTERA ENERGY INC COM 65339F101 14,748 174,100 SH   SOLE   0 174,100 0
NORTH AMERN CONSTR GROUP LTD COM 656811106 3,921 217,367 SH   SOLE   0 217,367 0
NORTHROP GRUMMAN CORP COM 666807102 984 2,200 SH   SOLE   0 2,200 0
NORTONLIFELOCK INC COM 668771108 2,287 86,300 SH   SOLE   0 86,300 0
NUTRIEN LTD COM 67077M108 106,701 825,729 SH   SOLE   0 825,729 0
NUVEI CORPORATION SUB VTG SHS 67079A102 10,694 114,070 SH   SOLE   0 114,070 0
NVIDIA CORPORATION COM 67066G104 3,450 12,650 SH   SOLE   0 12,650 0
OBSIDIAN ENERGY LTD COM 674482203 2,422 219,200 SH   SOLE   0 219,200 0
OPEN TEXT CORP COM 683715106 26,481 499,740 SH   SOLE   0 499,740 0
ORGANIGRAM HLDGS INC COM 68620P101 1,770 851,100 SH   SOLE   0 851,100 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 9,406 571,800 SH   SOLE   0 571,800 0
PARKER-HANNIFIN CORP COM 701094104 681 2,400 SH   SOLE   0 2,400 0
PAYCHEX INC COM 704326107 471 3,450 SH   SOLE   0 3,450 0
PAYPAL HLDGS INC COM 70450Y103 463 4,000 SH   SOLE   0 4,000 0
PEMBINA PIPELINE CORP COM 706327103 60,949 1,298,163 SH   SOLE   0 1,298,163 0
PEPSICO INC COM 713448108 12,331 73,700 SH   SOLE   0 73,700 0
PFIZER INC COM 717081103 18,554 358,400 SH   SOLE   0 358,400 0
PHILIP MORRIS INTL INC COM 718172109 19,304 205,300 SH   SOLE   0 205,300 0
PHILLIPS 66 COM 718546104 3,861 44,700 SH   SOLE   0 44,700 0
PROCTER AND GAMBLE CO COM 742718109 19,268 126,100 SH   SOLE   0 126,100 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 5,419 77,400 SH   SOLE   0 77,400 0
QUALCOMM INC COM 747525103 6,556 42,900 SH   SOLE   0 42,900 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 12,734 128,531 SH   SOLE   0 128,531 0
REALTY INCOME CORP COM 756109104 4,718 68,100 SH   SOLE   0 68,100 0
REGENCY CTRS CORP COM 758849103 4,380 61,400 SH   SOLE   0 61,400 0
RESTAURANT BRANDS INTL INC COM 76131D103 37,805 518,591 SH   SOLE   0 518,591 0
RITCHIE BROS AUCTIONEERS COM 767744105 958 12,977 SH   SOLE   0 12,977 0
ROGERS COMMUNICATIONS INC CL B 775109200 113,745 1,611,350 SH   SOLE   0 1,611,350 0
ROSS STORES INC COM 778296103 1,013 11,200 SH   SOLE   0 11,200 0
ROYAL BK CDA COM 780087102 54,912 399,071 SH   SOLE   0 399,071 0
SALESFORCE COM INC COM 79466L302 1,380 6,500 SH   SOLE   0 6,500 0
SANDSTORM GOLD LTD COM NEW 80013R206 5,815 578,600 SH   SOLE   0 578,600 0
SCHLUMBERGER LTD COM STK 806857108 2,618 63,400 SH   SOLE   0 63,400 0
SEALED AIR CORP NEW COM 81211K100 522 7,800 SH   SOLE   0 7,800 0
SEMPRA COM 816851109 8,490 50,500 SH   SOLE   0 50,500 0
SERVICENOW INC COM 81762P102 752 1,350 SH   SOLE   0 1,350 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 56,788 1,463,610 SH   SOLE   0 1,463,610 0
SHOPIFY INC CL A 82509L107 28,667 33,946 SH   SOLE   0 33,946 0
SIGNATURE BK NEW YORK N Y COM 82669G104 3,757 12,800 SH   SOLE   0 12,800 0
SIMON PPTY GROUP INC NEW COM 828806109 2,105 16,000 SH   SOLE   0 16,000 0
SKECHERS U S A INC CL A 830566105 676 16,600 SH   SOLE   0 16,600 0
SKEENA RES LTD NEW COM 83056P715 3,607 259,875 SH   SOLE   0 259,875 0
SOUTHERN CO COM 842587107 10,916 150,500 SH   SOLE   0 150,500 0
SPDR SER TR GLB DOW ETF 78464A706 12,347 110,286 SH   SOLE   0 110,286 0
SPROTT INC COM NEW 852066208 2,056 32,900 SH   SOLE   0 32,900 0
SSR MNG INC COM 784730103 33,206 1,221,694 SH   SOLE   0 1,221,694 0
STANLEY BLACK & DECKER INC COM 854502101 2,992 21,400 SH   SOLE   0 21,400 0
STANTEC INC COM 85472N109 2,269 36,200 SH   SOLE   0 36,200 0
STARBUCKS CORP COM 855244109 4,467 49,100 SH   SOLE   0 49,100 0
STATE STR CORP COM 857477103 5,444 62,500 SH   SOLE   0 62,500 0
SUN LIFE FINANCIAL INC. COM 866796105 38,773 556,280 SH   SOLE   0 556,280 0
SUNCOR ENERGY INC NEW COM 867224107 160,083 3,934,216 SH   SOLE   0 3,934,216 0
SYNCHRONY FINANCIAL COM 87165B103 3,175 91,200 SH   SOLE   0 91,200 0
SYNOPSYS INC COM 871607107 717 2,150 SH   SOLE   0 2,150 0
SYSCO CORP COM 871829107 5,046 61,800 SH   SOLE   0 61,800 0
T-MOBILE US INC COM 872590104 828 6,450 SH   SOLE   0 6,450 0
TARGET CORP COM 87612E106 1,019 4,800 SH   SOLE   0 4,800 0
TC ENERGY CORP COM 87807B107 103,474 1,467,710 SH   SOLE   0 1,467,710 0
TECK RESOURCES LTD CL B 878742204 5,573 110,406 SH   SOLE   0 110,406 0
TELUS CORPORATION COM 87971M103 91,317 2,795,982 SH   SOLE   0 2,795,982 0
TELUS INTL CDA INC SUB VTG SHS 87975H100 16,543 537,660 SH   SOLE   0 527,960 0
TEMPUR SEALY INTL INC COM 88023U101 447 16,000 SH   SOLE   0 16,000 0
TESLA INC COM 88160R101 3,448 3,200 SH   SOLE   0 3,200 0
TEXAS INSTRS INC COM 882508104 5,920 32,300 SH   SOLE   0 32,300 0
TFI INTL INC COM 87241L109 34,155 257,460 SH   SOLE   0 257,460 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,655 2,800 SH   SOLE   0 2,800 0
THOMSON REUTERS CORP. COM NEW 884903709 49,520 365,620 SH   SOLE   0 365,620 0
TORONTO DOMINION BK ONT COM NEW 891160509 93,270 940,691 SH   SOLE   0 940,691 0
TRANSALTA CORP COM 89346D107 44,547 3,464,030 SH   SOLE   0 3,464,030 0
TRICON RESIDENTIAL INC COM NPV 89612W102 12,494 628,807 SH   SOLE   0 628,807 0
TRUIST FINL CORP COM 89832Q109 5,199 91,700 SH   SOLE   0 91,700 0
TYSON FOODS INC CL A 902494103 4,822 53,800 SH   SOLE   0 53,800 0
UNITED PARCEL SERVICE INC CL B 911312106 9,913 46,200 SH   SOLE   0 46,200 0
UNITED RENTALS INC COM 911363109 710 2,000 SH   SOLE   0 2,000 0
UNITEDHEALTH GROUP INC COM 91324P102 2,754 5,400 SH   SOLE   0 5,400 0
US BANCORP DEL COM NEW 902973304 2,360 44,400 SH   SOLE   0 44,400 0
V F CORP COM 918204108 3,917 68,900 SH   SOLE   0 68,900 0
VENTAS INC COM 92276F100 2,532 41,000 SH   SOLE   0 41,000 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,347 222,800 SH   SOLE   0 222,800 0
VERTEX PHARMACEUTICALS INC COM 92532F100 731 2,800 SH   SOLE   0 2,800 0
VISA INC COM CL A 92826C839 889 4,000 SH   SOLE   0 4,000 0
WALMART INC COM 931142103 4,677 31,400 SH   SOLE   0 31,400 0
WASTE CONNECTIONS INC COM 94106B101 2,488 14,267 SH   SOLE   0 14,267 0
WELLS FARGO CO NEW COM 949746101 3,383 69,800 SH   SOLE   0 69,800 0
WEST FRASER TIMBER CO LTD COM 952845105 13,433 130,770 SH   SOLE   0 130,770 0
WHEATON PRECIOUS METALS CORP COM 962879102 1,177 19,800 SH   SOLE   0 19,800 0
WILLIAMS COS INC COM 969457100 3,338 99,900 SH   SOLE   0 99,900 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103 708 3,000 SH   SOLE   0 3,000 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 746 8,800 SH   SOLE   0 8,800 0