# EDGAR Filing Document

**Accession Number:** 0001512652
**File Stem:** 0001062993-23-003346
**Filing Date:** 2023-2
**Character Count:** 19487
**Document Hash:** 4e536093a21244e03a9361db07ab8fda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-003346.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001062993-23-003346

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUARDIAN CAPITAL ADVISORS LP
- **CENTRAL INDEX KEY:** 0001512652
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14315
- **FILM NUMBER:** 23627552

**BUSINESS ADDRESS:**
- **STREET 1:** COMMERCE COURT WEST, 199 BAY STREET
- **STREET 2:** SUITE 3100, PO BOX 201
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5L 1E8
- **BUSINESS PHONE:** 416-364-8341

**MAIL ADDRESS:**
- **STREET 1:** COMMERCE COURT WEST, 199 BAY STREET
- **STREET 2:** SUITE 3100, PO BOX 201
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5L 1E8

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** GUARDIAN CAPITAL ADVISORS LP<br>**Address:** COMMERCE COURT WEST 199 BAY STREET<br>SUITE 3100 PO BOX 201<br>TORONTO, A6 M5L 1E8

**Form 13F File Number:** 028-14315

**CRD Number (if applicable):** 000109840

**SEC File Number (if applicable):** 801-57262

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Christina Forster Pazienza<br>**Title:** Chief Compliance Officer<br>**Phone:** 416-350-8119

**Signature, Place, and Date of Signing:**

/s/ Christina Forster Pazienza  Toronto, A6  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 160

**Form 13F Information Table Value Total:** $881933268

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 2848675 | 22023 | SH |  | SOLE |  | 22023 | 0 | 0 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 8011950 | 239020 | SH |  | SOLE |  | 239020 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 367488 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 219197 | 1440 | SH |  | SOLE |  | 1440 | 0 | 0 |
| ABCELLERA BIOLOGICS INC | COM | 00288U106 |  | 18221423 | 1786414 | SH |  | SOLE |  | 1786414 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1414942 | 4985 | SH |  | SOLE |  | 4985 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 329149 | 4649 | SH |  | SOLE |  | 4649 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 5410848 | 75360 | SH |  | SOLE |  | 75360 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 3536169 | 64908 | SH |  | SOLE |  | 64908 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 1684963 | 239504 | SH |  | SOLE |  | 239504 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4386725 | 48137 | SH |  | SOLE |  | 48137 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1296850 | 14110 | SH |  | SOLE |  | 14110 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 494860 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 361835 | 3798 | SH |  | SOLE |  | 3798 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 5726176 | 59394 | SH |  | SOLE |  | 59394 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 5301982 | 34224 | SH |  | SOLE |  | 34224 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 554340 | 11320 | SH |  | SOLE |  | 11320 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 11817191 | 88578 | SH |  | SOLE |  | 88578 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 5212831 | 74384 | SH |  | SOLE |  | 74384 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2869031 | 147812 | SH |  | SOLE |  | 147812 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 543479 | 2225 | SH |  | SOLE |  | 2225 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 619426 | 17970 | SH |  | SOLE |  | 17970 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 32566953 | 339265 | SH |  | SOLE |  | 339265 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 28648518 | 566064 | SH |  | SOLE |  | 566064 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 4019774 | 89150 | SH |  | SOLE |  | 89150 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 17951629 | 392077 | SH |  | SOLE |  | 392077 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1054383 | 3306 | SH |  | SOLE |  | 3306 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 8895847 | 128944 | SH |  | SOLE |  | 128944 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 508923 | 675 | SH |  | SOLE |  | 675 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 983952 | 436 | SH |  | SOLE |  | 436 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 504780 | 7050 | SH |  | SOLE |  | 7050 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 3784174 | 123808 | SH |  | SOLE |  | 123808 | 0 | 0 |
| BROOKFIELD BUSINESS PARTNERS | UNIT LTD L P | G16234109 |  | 299567 | 16404 | SH |  | SOLE |  | 16404 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 19589567 | 565052 | SH |  | SOLE |  | 565052 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 4890783 | 144669 | SH |  | SOLE |  | 144669 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SB VTG SHS A | 11275Q107 |  | 250571 | 5843 | SH |  | SOLE |  | 5843 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A SUB VTG | 11284V105 |  | 656990 | 22069 | SH |  | SOLE |  | 22069 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 2133554 | 77871 | SH |  | SOLE |  | 77871 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 872501 | 34528 | SH |  | SOLE |  | 34528 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM TO | COM | 136069101 |  | 19341543 | 452995 | SH |  | SOLE |  | 452995 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 16620988 | 297093 | SH |  | SOLE |  | 297093 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 27817257 | 228991 | SH |  | SOLE |  | 228991 | 0 | 0 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 2029780 | 26400 | SH |  | SOLE |  | 26400 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 4218026 | 221273 | SH |  | SOLE |  | 221273 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 683662 | 7979 | SH |  | SOLE |  | 7979 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 12987047 | 73340 | SH |  | SOLE |  | 73340 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 295960 | 6040 | SH |  | SOLE |  | 6040 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 1614200 | 9135 | SH |  | SOLE |  | 9135 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 293529 | 3820 | SH |  | SOLE |  | 3820 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 4224755 | 109195 | SH |  | SOLE |  | 109195 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 769891 | 6478 | SH |  | SOLE |  | 6478 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 1194067 | 5350 | SH |  | SOLE |  | 5350 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 761676 | 20845 | SH |  | SOLE |  | 20845 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3759577 | 7793 | SH |  | SOLE |  | 7793 | 0 | 0 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 387468 | 55149 | SH |  | SOLE |  | 55149 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2055941 | 7550 | SH |  | SOLE |  | 7550 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 11236651 | 62215 | SH |  | SOLE |  | 62215 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3074647 | 30805 | SH |  | SOLE |  | 30805 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 12661404 | 120493 | SH |  | SOLE |  | 120493 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 4336180 | 9089 | SH |  | SOLE |  | 9089 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 13620420 | 138913 | SH |  | SOLE |  | 138913 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 25621449 | 619367 | SH |  | SOLE |  | 619367 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 86098 | 12750 | SH |  | SOLE |  | 12750 | 0 | 0 |
| FIRST TR NAS100 EQ WEIGHTED | SHS | 337344105 |  | 205700 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 8563186 | 208165 | SH |  | SOLE |  | 208165 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 5386177 | 37060 | SH |  | SOLE |  | 37060 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 3641149 | 80735 | SH |  | SOLE |  | 80735 | 0 | 0 |
| FRESENIUS MED CARE AG KGA | SPONSORED ADR | 358029106 |  | 1409789 | 79380 | SH |  | SOLE |  | 79380 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 224814 | 7335 | SH |  | SOLE |  | 7335 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 295952 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 247878 | 7052 | SH |  | SOLE |  | 7052 | 0 | 0 |
| HECLA MNG CO | COM | 422704106 |  | 119600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 452252 | 1371 | SH |  | SOLE |  | 1371 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 947288 | 4386 | SH |  | SOLE |  | 4386 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 8261288 | 173578 | SH |  | SOLE |  | 173578 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 11152274 | 818816 | SH |  | SOLE |  | 818816 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1504959 | 49685 | SH |  | SOLE |  | 49685 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 204920 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 291815 | 2633 | SH |  | SOLE |  | 2633 | 0 | 0 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 391248 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 561005 | 7320 | SH |  | SOLE |  | 7320 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 1335059 | 16325 | SH |  | SOLE |  | 16325 | 0 | 0 |
| ISHARES U S ETF TR | INT RT HDG C B | 46431W705 |  | 397961 | 4313 | SH |  | SOLE |  | 4313 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 17535546 | 100779 | SH |  | SOLE |  | 100779 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 17478376 | 125302 | SH |  | SOLE |  | 125302 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 380262 | 809 | SH |  | SOLE |  | 809 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 1316175 | 3665 | SH |  | SOLE |  | 3665 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 893320 | 2716 | SH |  | SOLE |  | 2716 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 35700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 7395295 | 117214 | SH |  | SOLE |  | 117214 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 3473911 | 185833 | SH |  | SOLE |  | 185833 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 5299869 | 13954 | SH |  | SOLE |  | 13954 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 14957842 | 56087 | SH |  | SOLE |  | 56087 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 366270 | 3277 | SH |  | SOLE |  | 3277 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 20241390 | 84866 | SH |  | SOLE |  | 84866 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 3792315 | 514561 | SH |  | SOLE |  | 514561 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 11207200 | 177021 | SH |  | SOLE |  | 177021 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 69963 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 3410443 | 26667 | SH |  | SOLE |  | 26667 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 4157428 | 45908 | SH |  | SOLE |  | 45908 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 14523826 | 108695 | SH |  | SOLE |  | 108695 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 18373250 | 244104 | SH |  | SOLE |  | 244104 | 0 | 0 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 426720 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 1165493 | 36565 | SH |  | SOLE |  | 36565 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 7342284 | 82702 | SH |  | SOLE |  | 82702 | 0 | 0 |
| ORANGE | SPONSORED ADR | 684060106 |  | 186235 | 17260 | SH |  | SOLE |  | 17260 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 229433 | 4570 | SH |  | SOLE |  | 4570 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 321010 | 2350 | SH |  | SOLE |  | 2350 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 365314 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 7488170 | 211517 | SH |  | SOLE |  | 211517 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 16441758 | 93536 | SH |  | SOLE |  | 93536 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 5794236 | 121447 | SH |  | SOLE |  | 121447 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 669504 | 6600 | SH |  | SOLE |  | 6600 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 217568 | 2088 | SH |  | SOLE |  | 2088 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 3073702 | 12851 | SH |  | SOLE |  | 12851 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 897608 | 11217 | SH |  | SOLE |  | 11217 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 326885 | 2182 | SH |  | SOLE |  | 2182 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 226092 | 2270 | SH |  | SOLE |  | 2270 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 5263996 | 43293 | SH |  | SOLE |  | 43293 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 3904169 | 38778 | SH |  | SOLE |  | 38778 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 416360 | 6430 | SH |  | SOLE |  | 6430 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 10609655 | 224270 | SH |  | SOLE |  | 224270 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 867715 | 1923 | SH |  | SOLE |  | 1923 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 51286261 | 520592 | SH |  | SOLE |  | 520592 | 0 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 9635193 | 195242 | SH |  | SOLE |  | 195242 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 6477490 | 55515 | SH |  | SOLE |  | 55515 | 0 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 440010 | 15414 | SH |  | SOLE |  | 15414 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 856072 | 23620 | SH |  | SOLE |  | 23620 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 658298 | 5225 | SH |  | SOLE |  | 5225 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 4507481 | 11355 | SH |  | SOLE |  | 11355 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2077177 | 4435 | SH |  | SOLE |  | 4435 | 0 | 0 |
| SPDR SER TR | BLOOMBERG 1-3 MO | 78468R663 |  | 1275295 | 13927 | SH |  | SOLE |  | 13927 | 0 | 0 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 115568 | 14250 | SH |  | SOLE |  | 14250 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 1853857 | 17514 | SH |  | SOLE |  | 17514 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 8936917 | 187251 | SH |  | SOLE |  | 187251 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 13206656 | 414642 | SH |  | SOLE |  | 414642 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 5992038 | 68874 | SH |  | SOLE |  | 68874 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 11110731 | 266632 | SH |  | SOLE |  | 266632 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 1633163 | 39801 | SH |  | SOLE |  | 39801 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 16149604 | 786881 | SH |  | SOLE |  | 786881 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 214959 | 1814 | SH |  | SOLE |  | 1814 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 6351047 | 35654 | SH |  | SOLE |  | 35654 | 0 | 0 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 2130668 | 18513 | SH |  | SOLE |  | 18513 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 52784935 | 810732 | SH |  | SOLE |  | 810732 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 7494901 | 116110 | SH |  | SOLE |  | 116110 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 109691 | 11900 | SH |  | SOLE |  | 11900 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1393463 | 7258 | SH |  | SOLE |  | 7258 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 7268272 | 141903 | SH |  | SOLE |  | 141903 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1275162 | 6970 | SH |  | SOLE |  | 6970 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 7779045 | 15694 | SH |  | SOLE |  | 15694 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 393519 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1041957 | 5695 | SH |  | SOLE |  | 5695 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 331553 | 7930 | SH |  | SOLE |  | 7930 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 309266 | 1383 | SH |  | SOLE |  | 1383 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 12421657 | 85779 | SH |  | SOLE |  | 85779 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 2341259 | 18551 | SH |  | SOLE |  | 18551 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3774308 | 88123 | SH |  | SOLE |  | 88123 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 391169 | 9005 | SH |  | SOLE |  | 9005 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 348304 | 13595 | SH |  | SOLE |  | 13595 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 2295508 | 14355 | SH |  | SOLE |  | 14355 | 0 | 0 |

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