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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERICAN EXPRESS CO COM 025816109   732,465 18,450 SH   SOLE   18,450 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   19,622,206 424,907 SH   SOLE   424,907 0 0
BAYTEX ENERGY TR TRUST UNIT 073176109   477,599 15,950 SH   SOLE   15,950 0 0
CANADIAN NATL RY CO COM 136375102   13,968,346 243,165 SH   SOLE   243,165 0 0
CENOVUS ENERGY INC COM 15135U109   12,494,168 484,263 SH   SOLE   484,263 0 0
CHEVRON CORP NEW COM 166764100   710,766 10,474 SH   SOLE   10,474 0 0
DIAGEO P L C SPON ADR NEW 25243Q205   16,475,022 262,592 SH   SOLE   262,592 0 0
ENBRIDGE INC COM 29250N105   15,222,264 326,087 SH   SOLE   326,087 0 0
ENERPLUS RES FD UNIT TR G NEW 29274D604   215,537 10,000 SH   SOLE   10,000 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   11,547,869 272,227 SH   SOLE   272,227 0 0
ISHARES TR INDEX BARCLYS 1-3 YR 464287457   582,952 6,930 SH   SOLE   6,930 0 0
JOHNSON & JOHNSON COM 478160104   17,457,250 295,585 SH   SOLE   295,585 0 0
KELLOGG CO COM 487836108   11,361,513 225,875 SH   SOLE   225,875 0 0
MANULIFE FINL CORP COM 56501R106   12,540,362 861,997 SH   SOLE   861,997 0 0
MCDONALDS CORP COM 580135101   13,484,248 204,710 SH   SOLE   204,710 0 0
MICROSOFT CORP COM 594918104   11,301,269 491,146 SH   SOLE   491,146 0 0
NYSE EURONEXT COM 629491101   775,823 28,079 SH   SOLE   28,079 0 0
PENGROWTH ENERGY TR TR UNIT NEW 706902509   219,887 24,000 SH   SOLE   24,000 0 0
RITCHIE BROS AUCTIONEERS COM 767744105   12,940,328 709,164 SH   SOLE   709,164 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102   18,588,854 389,376 SH   SOLE   389,376 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109   390,920 4,000 SH   SOLE   4,000 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200   22,070,274 1,222,719 SH   SOLE   1,222,719 0 0
3M CO COM 88579Y101   12,457,987 157,716 SH   SOLE   157,716 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   19,782,149 304,569 SH   SOLE   304,569 0 0
UNILEVER PLC SPON ADR NEW 904767704   685,518 25,646 SH   SOLE   25,646 0 0
VISA INC COM CL A 92826C839   7,953,149 112,412 SH   SOLE   112,412 0 0