# EDGAR Filing Document

**Accession Number:** 0001688774
**File Stem:** 0001688774-25-000014
**Filing Date:** 2025-8
**Character Count:** 12719
**Document Hash:** 38ea67b342b441b93729b40a57f1e24e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001688774-25-000014.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001688774-25-000014

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**EFFECTIVENESS DATE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GFI Investment Counsel Ltd.
- **CENTRAL INDEX KEY:** 0001688774

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17681
- **FILM NUMBER:** 251253840

**BUSINESS ADDRESS:**
- **STREET 1:** 45 ST. CLAIR AVENUE WEST
- **STREET 2:** SUITE 1000
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M4V 1K9
- **BUSINESS PHONE:** 416-488-8825

**MAIL ADDRESS:**
- **STREET 1:** 45 ST. CLAIR AVENUE WEST
- **STREET 2:** SUITE 1000
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M4V 1K9

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001688774

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** GFI Investment Counsel Ltd.

**Address:** 45 ST. CLAIR AVENUE WEST, TORONTO, A6 M4V 1K9

**Telephone number:** 416 488 8825

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-17681

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER            | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                          | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ORACLE CORPORATION        | 68389X105 | 11/14/2024     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             68 |                0 | FOR         |                                       68 | FOR                         |  |
| FERGUSON ENTERPRISES INC. | G3421J106 | 12/05/2024     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         268307 |                0 | FOR         |                                   268307 | FOR                         |  |
| MICROSOFT CORPORATION     | 594918104 | 12/10/2024     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         175740 |                0 | FOR         |                                   175740 | FOR                         |  |
| VISA INC.                 | 92826C839 | 01/28/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           7201 |                0 | FOR         |                                     7201 | FOR                         |  |
| APPLE INC.                | 037833100 | 02/25/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         330199 |                0 | FOR         |                                   330199 | FOR                         |  |
| MOODY'S                   | 615369105 | 04/15/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         159148 |                0 | FOR         |                                   159148 | FOR                         |  |
| SHERWIN-WILLIAMS COMPANY  | 824348106 | 04/16/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         158611 |                0 | FOR         |                                   158611 | FOR                         |  |
| MSCI INC.                 | 55354G100 | 04/22/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         112811 |                0 | FOR         |                                   112811 | FOR                         |  |
| GOLDMAN SACHS             | 38141G104 | 04/23/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | FOR         |                                      200 | FOR                         |  |
| JOHNSON AND JOHNSON       | 478160104 | 04/24/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            150 |                0 | FOR         |                                      150 | FOR                         |  |
| AMERICAN EXPRESS COMPANY  | 025816109 | 04/29/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          20093 |                0 | FOR         |                                    20093 | FOR                         |  |
| BERKSHIRE HATHAWAY        | 084670702 | 05/03/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           1197 |                0 | FOR         |                                     1197 | FOR                         |  |
| DANAHER CORPORATION       | 235851102 | 05/06/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| EQUIFAX                   | 294429105 | 05/08/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         242201 |                0 | FOR         |                                   242201 | FOR                         |  |
| PROLOGIS                  | 74340W103 | 05/08/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             17 |                0 | FOR         |                                       17 | FOR                         |  |
| HILTON WORLDWIDE HOLDINGS | 43300A104 | 05/14/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         268282 |                0 | FOR         |                                   268282 | FOR                         |  |
| MCDONALD'S                | 580135101 | 05/20/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            204 |                0 | FOR         |                                      204 | FOR                         |  |
| JP MORGAN CHASE           | 46625H100 | 05/20/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            312 |                0 | FOR         |                                      312 | FOR                         |  |
| CECO ENVIRONMENTAL        | 125141101 | 05/20/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |        2470699 |                0 | FOR         |                                  2470699 | FOR                         |  |
| CBRE                      | 12504L109 | 05/21/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           1500 |                0 | FOR         |                                     1500 | FOR                         |  |
| AMAZON.COM                | 023135106 | 05/21/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            600 |                0 | FOR         |                                      600 | FOR                         |  |
| ADT                       | 00090Q103 | 05/21/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | FOR         |                                     1000 | FOR                         |  |
| SERVICENOW INC            | 81762P102 | 05/22/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| THE HOME DEPOT            | 437076102 | 05/22/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |              4 |                0 | FOR         |                                        4 | FOR                         |  |
| GENPACT                   | G3922B107 | 05/22/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |        1287953 |                0 | FOR         |                                  1287953 | FOR                         |  |
| META PLATFORMS            | 30303M102 | 05/28/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | FOR         |                                      500 | FOR                         |  |
| DOCUSIGN                  | 256163106 | 05/29/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             13 |                0 | FOR         |                                       13 | FOR                         |  |
| NETFLIX                   | 64110L106 | 06/05/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |              8 |                0 | FOR         |                                        8 | FOR                         |  |
| SALESFORCE                | 79466L302 | 06/05/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |          17000 |                0 | FOR         |                                    17000 | FOR                         |  |
| WALMART INC               | 931142103 | 06/05/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             78 |                0 | FOR         |                                       78 | FOR                         |  |
| ALPHABET INC.             | 02079K305 | 06/06/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |            260 |                0 | FOR         |                                      260 | FOR                         |  |
| LULULEMON ATHLETICA       | 550021109 | 06/11/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             10 |                0 | FOR         |                                       10 | FOR                         |  |
| SHOPIFY                   | 82509L107 | 06/17/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             55 |                0 | FOR         |                                       55 | FOR                         |  |
| NVIDIA CORPORATION        | 67066G104 | 06/24/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |             80 |                0 | FOR         |                                       80 | FOR                         |  |
| AON PLC                   | GO403H108 | 06/27/2025     | Advisory vote to approve Executive Officers' Compensation | SECTION 14A SAY-ON-PAY VOTES |         152896 |                0 | FOR         |                                   152896 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** GFI Investment Counsel Ltd.

**By (Signature):** EFFIE WOLLE

**By (Printed Signature):** EFFIE WOLLE

**By (Title):** President and CIO

**Date:** 08/26/2025