# EDGAR Filing Document

**Accession Number:** 0002033536
**File Stem:** 0002033536-25-000055
**Filing Date:** 2025-7
**Character Count:** 42336
**Document Hash:** fd5e5a997073d1bce54d0b7fdf53c40d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002033536-25-000055.hdr.sgml**: 20250709

**ACCESSION NUMBER**: 0002033536-25-000055

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20210930

**FILED AS OF DATE**: 20250709

**DATE AS OF CHANGE**: 20250709

**EFFECTIVENESS DATE**: 20250709

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northwest & Ethical Investments L.P.
- **CENTRAL INDEX KEY:** 0002033536

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

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24321
- **FILM NUMBER:** 251113177

**BUSINESS ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1200
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7
- **BUSINESS PHONE:** 4165946633

**MAIL ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1200
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2021

**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:** Northwest  Ethical Investments L.P.<br>**Address:** 151 YONGE STREET<br>SUITE 1200<br>TORONTO, A6 M5C 2W7

**Form 13F File Number:** 028-24321

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:** John H. Bai<br>**Title:** SVP Chief Financial Officer and Chief Administrative Office<br>**Phone:** 6472899343

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

John H. Bai  Toronto, A6  07-02-2025<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:** 400

**Form 13F Information Table Value Total:** $3070958687

      (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 |
| ADT INC DEL | COM | 00090Q103 |  | 1828213 | 225983 | SH |  | SOLE |  | 225983 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 6726843 | 129039 | SH |  | SOLE |  | 129039 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 1670230 | 73159 | SH |  | SOLE |  | 73159 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 15772458 | 133517 | SH |  | SOLE |  | 133517 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 4221949 | 39139 | SH |  | SOLE |  | 39139 | 0 | 0 |
| ABSOLUTE SOFTWARE CORP | COM | 00386B109 |  | 55049 | 5009 | SH |  | SOLE |  | 5009 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 10545070 | 136258 | SH |  | SOLE |  | 136258 | 0 | 0 |
| ACUITYADS HLDGS INC | COM | 00510L106 |  | 36189 | 5399 | SH |  | SOLE |  | 5399 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 13579589 | 23587 | SH |  | SOLE |  | 23587 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 760781 | 3642 | SH |  | SOLE |  | 3642 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 37902576 | 240604 | SH |  | SOLE |  | 240604 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 1654795 | 31897 | SH |  | SOLE |  | 31897 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 605703 | 2365 | SH |  | SOLE |  | 2365 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 370386 | 51496 | SH |  | SOLE |  | 51496 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 920808 | 62805 | SH |  | SOLE |  | 62805 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 13966380 | 94335 | SH |  | SOLE |  | 94335 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 7403847 | 132258 | SH |  | SOLE |  | 132258 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1251846 | 9833 | SH |  | SOLE |  | 9833 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 36954745 | 13865 | SH |  | SOLE |  | 13865 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 30705562 | 11485 | SH |  | SOLE |  | 11485 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 38881967 | 11836 | SH |  | SOLE |  | 11836 | 0 | 0 |
| AMEDISYS INC | COM | 023436108 |  | 591185 | 3965 | SH |  | SOLE |  | 3965 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 1444238 | 17830 | SH |  | SOLE |  | 17830 | 0 | 0 |
| AMERICAN CAMPUS CMNTYS INC | COM | 024835100 |  | 2159332 | 44568 | SH |  | SOLE |  | 44568 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 884867 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 8666379 | 51730 | SH |  | SOLE |  | 51730 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 9167051 | 34539 | SH |  | SOLE |  | 34539 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 37840001 | 223851 | SH |  | SOLE |  | 223851 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1416219 | 5362 | SH |  | SOLE |  | 5362 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 1014655 | 8182 | SH |  | SOLE |  | 8182 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 4017408 | 18892 | SH |  | SOLE |  | 18892 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 8039758 | 48004 | SH |  | SOLE |  | 48004 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 26978782 | 79244 | SH |  | SOLE |  | 79244 | 0 | 0 |
| ANTHEM INC | COM | 036752103 |  | 8017112 | 21505 | SH |  | SOLE |  | 21505 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 48840009 | 345157 | SH |  | SOLE |  | 345157 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 6044647 | 68533 | SH |  | SOLE |  | 68533 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 28828579 | 101092 | SH |  | SOLE |  | 101092 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 10731570 | 53679 | SH |  | SOLE |  | 53679 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 19588130 | 11536 | SH |  | SOLE |  | 11536 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 13308700 | 265669 | SH |  | SOLE |  | 265669 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 448469 | 4845 | SH |  | SOLE |  | 4845 | 0 | 0 |
| BALLARD PWR SYS INC NEW | COM | 058586108 |  | 389615 | 27755 | SH |  | SOLE |  | 27755 | 0 | 0 |
| BK OF AMERICA CORP | COM | 060505104 |  | 11893075 | 280165 | SH |  | SOLE |  | 280165 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 6472190 | 64829 | SH |  | SOLE |  | 64829 | 0 | 0 |
| BANK NOVA SCOTIA B C | COM | 064149107 |  | 45996185 | 747286 | SH |  | SOLE |  | 747286 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 1144463 | 41041 | SH |  | SOLE |  | 41041 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 3350010 | 41651 | SH |  | SOLE |  | 41651 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 6265497 | 25488 | SH |  | SOLE |  | 25488 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 3208317 | 30350 | SH |  | SOLE |  | 30350 | 0 | 0 |
| BIO RAD LABS INC | CL A | 090572207 |  | 3149419 | 4222 | SH |  | SOLE |  | 4222 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 754003 | 12014 | SH |  | SOLE |  | 12014 | 0 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 559545 | 57479 | SH |  | SOLE |  | 57479 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 1838353 | 2192 | SH |  | SOLE |  | 2192 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 5965485 | 51276 | SH |  | SOLE |  | 51276 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 4690565 | 59112 | SH |  | SOLE |  | 59112 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2707339 | 45755 | SH |  | SOLE |  | 45755 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 7655151 | 15786 | SH |  | SOLE |  | 15786 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SB VTG SHS A | 11275Q107 |  | 269647 | 4498 | SH |  | SOLE |  | 4498 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 467158 | 136651 | SH |  | SOLE |  | 136651 | 0 | 0 |
| BURNING ROCK BIOTECH LTD | SPONSORED ADS | 12233L107 |  | 1631434 | 91243 | SH |  | SOLE |  | 91243 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 2606243 | 87237 | SH |  | SOLE |  | 87237 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 7941216 | 43628 | SH |  | SOLE |  | 43628 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 30933628 | 364163 | SH |  | SOLE |  | 364163 | 0 | 0 |
| CI FINL CORP | COM | 125491100 |  | 373757 | 18413 | SH |  | SOLE |  | 18413 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 3185765 | 15916 | SH |  | SOLE |  | 15916 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 8046203 | 41608 | SH |  | SOLE |  | 41608 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 797286 | 19001 | SH |  | SOLE |  | 19001 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 362032 | 7511 | SH |  | SOLE |  | 7511 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 743574 | 4910 | SH |  | SOLE |  | 4910 | 0 | 0 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 512677 | 12262 | SH |  | SOLE |  | 12262 | 0 | 0 |
| CANADA GOOSE HLDGS INC | SHS SUB VTG | 135086106 |  | 210796 | 5903 | SH |  | SOLE |  | 5903 | 0 | 0 |
| CANADIAN IMP BK COMM | COM | 136069101 |  | 18292594 | 164321 | SH |  | SOLE |  | 164321 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 34810223 | 300384 | SH |  | SOLE |  | 300384 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 26734076 | 731185 | SH |  | SOLE |  | 731185 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 8968818 | 55373 | SH |  | SOLE |  | 55373 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 2633275 | 27080 | SH |  | SOLE |  | 27080 | 0 | 0 |
| CASS INFORMATION SYS INC | COM | 14808P109 |  | 356898 | 8528 | SH |  | SOLE |  | 8528 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 647529 | 10392 | SH |  | SOLE |  | 10392 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 4218682 | 418430 | SH |  | SOLE |  | 418430 | 0 | 0 |
| CENOVUS ENERGY INC | *W EXP 01/01/202 | 15135U117 |  | 147604 | 24994 | SH |  | SOLE |  | 24994 | 0 | 0 |
| CENTERRA GOLD INC | COM | 152006102 |  | 196575 | 28784 | SH |  | SOLE |  | 28784 | 0 | 0 |
| CERNER CORP | COM | 156782104 |  | 6102908 | 86541 | SH |  | SOLE |  | 86541 | 0 | 0 |
| CHURCH  DWIGHT INC | COM | 171340102 |  | 3193414 | 38675 | SH |  | SOLE |  | 38675 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 6512262 | 119644 | SH |  | SOLE |  | 119644 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 8614997 | 122755 | SH |  | SOLE |  | 122755 | 0 | 0 |
| CITRIX SYS INC | COM | 177376100 |  | 4994238 | 46514 | SH |  | SOLE |  | 46514 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 10402240 | 198250 | SH |  | SOLE |  | 198250 | 0 | 0 |
| COHERUS BIOSCIENCES INC | NOTE   1.500% 4/1 | 19249HAB9 |  | 148038 | 130000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 5624017 | 74411 | SH |  | SOLE |  | 74411 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 18650054 | 145698 | SH |  | SOLE |  | 145698 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 13110071 | 234400 | SH |  | SOLE |  | 234400 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 987655 | 29160 | SH |  | SOLE |  | 29160 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1226712 | 18101 | SH |  | SOLE |  | 18101 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 5069716 | 69840 | SH |  | SOLE |  | 69840 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 5086476 | 36667 | SH |  | SOLE |  | 36667 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 2435393 | 66741 | SH |  | SOLE |  | 66741 | 0 | 0 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 245999 | 53353 | SH |  | SOLE |  | 53353 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 2211403 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| CROWN CASTLE INTL CORP NEW | COM | 22822V101 |  | 1766314 | 10191 | SH |  | SOLE |  | 10191 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 2425906 | 50070 | SH |  | SOLE |  | 50070 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 2764350 | 12310 | SH |  | SOLE |  | 12310 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 1083683 | 15072 | SH |  | SOLE |  | 15072 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 7953624 | 22081 | SH |  | SOLE |  | 22081 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 13701094 | 40890 | SH |  | SOLE |  | 40890 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 3835178 | 90006 | SH |  | SOLE |  | 90006 | 0 | 0 |
| DEXCOM INC | NOTE   0.250%11/1 | 252131AK3 |  | 250563 | 210000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 10998823 | 65016 | SH |  | SOLE |  | 65016 | 0 | 0 |
| DISCOVERY INC | COM SER A | 25470F104 |  | 2200332 | 86695 | SH |  | SOLE |  | 86695 | 0 | 0 |
| DOCEBO INC | COM | 25609L105 |  | 100260 | 1373 | SH |  | SOLE |  | 1373 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 3784243 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2677647 | 12622 | SH |  | SOLE |  | 12622 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 1704113 | 17803 | SH |  | SOLE |  | 17803 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 3799509 | 24434 | SH |  | SOLE |  | 24434 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 582881 | 8573 | SH |  | SOLE |  | 8573 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 11219515 | 161037 | SH |  | SOLE |  | 161037 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 22998407 | 110240 | SH |  | SOLE |  | 110240 | 0 | 0 |
| ELDORADO GOLD CORP NEW | COM | 284902509 |  | 184503 | 23846 | SH |  | SOLE |  | 23846 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 9059388 | 63686 | SH |  | SOLE |  | 63686 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1342358 | 14250 | SH |  | SOLE |  | 14250 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 32589603 | 818029 | SH |  | SOLE |  | 818029 | 0 | 0 |
| ENDEAVOUR SILVER CORP | COM | 29258Y103 |  | 86693 | 21157 | SH |  | SOLE |  | 21157 | 0 | 0 |
| ENERPLUS CORP | COM | 292766102 |  | 206259 | 25764 | SH |  | SOLE |  | 25764 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1074064 | 49633 | SH |  | SOLE |  | 49633 | 0 | 0 |
| ENTHUSIAST GAMING HLDGS INC | COM | 29385B109 |  | 32451 | 8994 | SH |  | SOLE |  | 8994 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 20658073 | 26145 | SH |  | SOLE |  | 26145 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 223574 | 33873 | SH |  | SOLE |  | 33873 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 171829 | 9690 | SH |  | SOLE |  | 9690 | 0 | 0 |
| ETSY INC | NOTE   0.125%10/0 | 29786AAJ5 |  | 242735 | 100000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 1091288 | 8164 | SH |  | SOLE |  | 8164 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 1525160 | 18654 | SH |  | SOLE |  | 18654 | 0 | 0 |
| FACEBOOK INC | CL A | 30303M102 |  | 34066816 | 100376 | SH |  | SOLE |  | 100376 | 0 | 0 |
| FEDERAL RLTY INVT TR | SH BEN INT NEW | 313747206 |  | 599864 | 5084 | SH |  | SOLE |  | 5084 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 4564768 | 20816 | SH |  | SOLE |  | 20816 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 10823379 | 88949 | SH |  | SOLE |  | 88949 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 1258419 | 27755 | SH |  | SOLE |  | 27755 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 14132419 | 78166 | SH |  | SOLE |  | 78166 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 4847375 | 44676 | SH |  | SOLE |  | 44676 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 20404821 | 459950 | SH |  | SOLE |  | 459950 | 0 | 0 |
| FORTUNE BRANDS HOME  SEC IN | COM | 34964C106 |  | 4514485 | 50486 | SH |  | SOLE |  | 50486 | 0 | 0 |
| FORTUNA SILVER MINES INC | COM | 349915108 |  | 149172 | 37940 | SH |  | SOLE |  | 37940 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 5627940 | 43320 | SH |  | SOLE |  | 43320 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 14312011 | 384954 | SH |  | SOLE |  | 384954 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 5218241 | 35104 | SH |  | SOLE |  | 35104 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1432805 | 3506 | SH |  | SOLE |  | 3506 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1025047 | 5229 | SH |  | SOLE |  | 5229 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 1228331 | 11922 | SH |  | SOLE |  | 11922 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 3714545 | 62095 | SH |  | SOLE |  | 62095 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1352494 | 25659 | SH |  | SOLE |  | 25659 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 7303563 | 221453 | SH |  | SOLE |  | 221453 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 1195213 | 9859 | SH |  | SOLE |  | 9859 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2896847 | 79281 | SH |  | SOLE |  | 79281 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 2781934 | 17654 | SH |  | SOLE |  | 17654 | 0 | 0 |
| GRANITE REAL ESTATE INVT TR | UNIT 99/99/9999 | 387437114 |  | 438810 | 6170 | SH |  | SOLE |  | 6170 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 6404403 | 87623 | SH |  | SOLE |  | 87623 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 4024642 | 51525 | SH |  | SOLE |  | 51525 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 11340794 | 34548 | SH |  | SOLE |  | 34548 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 5593540 | 136427 | SH |  | SOLE |  | 136427 | 0 | 0 |
| HOWARD HUGHES CORP | COM | 44267D107 |  | 1400226 | 15946 | SH |  | SOLE |  | 15946 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 28253706 | 156382 | SH |  | SOLE |  | 156382 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 213817 | 34281 | SH |  | SOLE |  | 34281 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 2294053 | 5895 | SH |  | SOLE |  | 5895 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 139438 | 61537 | SH |  | SOLE |  | 61537 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 1676760 | 88858 | SH |  | SOLE |  | 88858 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 865502 | 8372 | SH |  | SOLE |  | 8372 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 27801002 | 134336 | SH |  | SOLE |  | 134336 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 638568 | 20205 | SH |  | SOLE |  | 20205 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 8289977 | 372581 | SH |  | SOLE |  | 372581 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 1607081 | 110909 | SH |  | SOLE |  | 110909 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 2350985 | 46637 | SH |  | SOLE |  | 46637 | 0 | 0 |
| INSULET CORP | NOTE   0.375% 9/0 | 45784PAK7 |  | 111660 | 80000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 12331357 | 231443 | SH |  | SOLE |  | 231443 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 9988022 | 86988 | SH |  | SOLE |  | 86988 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1543138 | 11540 | SH |  | SOLE |  | 11540 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 1055405 | 28781 | SH |  | SOLE |  | 28781 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1046655 | 1940 | SH |  | SOLE |  | 1940 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 2886481 | 108800 | SH |  | SOLE |  | 108800 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 19420204 | 261550 | SH |  | SOLE |  | 261550 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 5956787 | 96450 | SH |  | SOLE |  | 96450 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 19270848 | 117727 | SH |  | SOLE |  | 117727 | 0 | 0 |
| JD.COM INC | SPON ADR CL A | 47215P106 |  | 10324964 | 142925 | SH |  | SOLE |  | 142925 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 12508411 | 77451 | SH |  | SOLE |  | 77451 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 2629799 | 95559 | SH |  | SOLE |  | 95559 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 4150625 | 12408 | SH |  | SOLE |  | 12408 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 3636445 | 59731 | SH |  | SOLE |  | 59731 | 0 | 0 |
| KELLOGG CO | COM | 487836108 |  | 689317 | 10784 | SH |  | SOLE |  | 10784 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 4655079 | 136272 | SH |  | SOLE |  | 136272 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 5940597 | 36159 | SH |  | SOLE |  | 36159 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 6924932 | 52287 | SH |  | SOLE |  | 52287 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1312074 | 78426 | SH |  | SOLE |  | 78426 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 886066 | 165285 | SH |  | SOLE |  | 165285 | 0 | 0 |
| KIRKLAND LAKE GOLD LTD | COM | 49741E100 |  | 1403609 | 33696 | SH |  | SOLE |  | 33696 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 1946064 | 38046 | SH |  | SOLE |  | 38046 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 963210 | 23824 | SH |  | SOLE |  | 23824 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 1098039 | 21821 | SH |  | SOLE |  | 21821 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 17229981 | 30273 | SH |  | SOLE |  | 30273 | 0 | 0 |
| LARGO RES LTD | COM | 517103602 |  | 49940 | 4756 | SH |  | SOLE |  | 4756 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 1433411 | 39164 | SH |  | SOLE |  | 39164 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 9583428 | 102299 | SH |  | SOLE |  | 102299 | 0 | 0 |
| LIGHTSPEED COMMERCE INC | SUB VTG SHS | 53229C107 |  | 1145879 | 11875 | SH |  | SOLE |  | 11875 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 9057907 | 39203 | SH |  | SOLE |  | 39203 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM NEW | 53680Q207 |  | 256949 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 649482 | 1882 | SH |  | SOLE |  | 1882 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 13789694 | 67976 | SH |  | SOLE |  | 67976 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 3239238 | 8004 | SH |  | SOLE |  | 8004 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 6850864 | 45874 | SH |  | SOLE |  | 45874 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 5067502 | 8330 | SH |  | SOLE |  | 8330 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 |  | 1518104 | 8164 | SH |  | SOLE |  | 8164 | 0 | 0 |
| MADISON SQUARE GRDN ENTERTNM | CL A | 55826T102 |  | 962737 | 13248 | SH |  | SOLE |  | 13248 | 0 | 0 |
| MAG SILVER CORP | COM | 55903Q104 |  | 179078 | 11059 | SH |  | SOLE |  | 11059 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 350968 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 37626984 | 499982 | SH |  | SOLE |  | 499982 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 15458968 | 803126 | SH |  | SOLE |  | 803126 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1131253 | 18302 | SH |  | SOLE |  | 18302 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 6484877 | 42824 | SH |  | SOLE |  | 42824 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 740125 | 2734 | SH |  | SOLE |  | 2734 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 9753873 | 28054 | SH |  | SOLE |  | 28054 | 0 | 0 |
| MAXEON SOLAR TECHNOLOGIES LT | NOTE   6.500% 7/1 | 57779BAB0 |  | 55822 | 45000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 11299071 | 6728 | SH |  | SOLE |  | 6728 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 17987075 | 239475 | SH |  | SOLE |  | 239475 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 401440 | 8711 | SH |  | SOLE |  | 8711 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 1162506 | 18832 | SH |  | SOLE |  | 18832 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 14784671 | 10734 | SH |  | SOLE |  | 10734 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 99946317 | 354518 | SH |  | SOLE |  | 354518 | 0 | 0 |
| MOGO INC | COM | 60800C109 |  | 23506 | 5463 | SH |  | SOLE |  | 5463 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1367602 | 14054 | SH |  | SOLE |  | 14054 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 3095682 | 13325 | SH |  | SOLE |  | 13325 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 1271623 | 6588 | SH |  | SOLE |  | 6588 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 4858691 | 56893 | SH |  | SOLE |  | 56893 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 93695 | 88563 | SH |  | SOLE |  | 88563 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1022149 | 18824 | SH |  | SOLE |  | 18824 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1864861 | 23750 | SH |  | SOLE |  | 23750 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1299525 | 8948 | SH |  | SOLE |  | 8948 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 820393 | 3429 | SH |  | SOLE |  | 3429 | 0 | 0 |
| NORTH AMERN CONSTR GROUP LTD | COM | 656811106 |  | 45462 | 3121 | SH |  | SOLE |  | 3121 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 1467734 | 13614 | SH |  | SOLE |  | 13614 | 0 | 0 |
| NORTONLIFELOCK INC | COM | 668771108 |  | 10137315 | 400682 | SH |  | SOLE |  | 400682 | 0 | 0 |
| NOVAGOLD RES INC | COM NEW | 66987E206 |  | 220527 | 32032 | SH |  | SOLE |  | 32032 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 12394043 | 59828 | SH |  | SOLE |  | 59828 | 0 | 0 |
| NUVASIVE INC | NOTE   0.375% 3/1 | 670704AJ4 |  | 449974 | 460000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 26718151 | 411641 | SH |  | SOLE |  | 411641 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 14983892 | 24521 | SH |  | SOLE |  | 24521 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 4274854 | 14948 | SH |  | SOLE |  | 14948 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 22510258 | 258351 | SH |  | SOLE |  | 258351 | 0 | 0 |
| ORLA MNG LTD NEW | COM | 68634K106 |  | 62802 | 19030 | SH |  | SOLE |  | 19030 | 0 | 0 |
| OSISKO GOLD ROYALTIES LTD | COM | 68827L101 |  | 228449 | 20334 | SH |  | SOLE |  | 20334 | 0 | 0 |
| OZON HLDGS PLC | SPONSORED ADS | 69269L104 |  | 5317815 | 105407 | SH |  | SOLE |  | 105407 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 836757 | 4277 | SH |  | SOLE |  | 4277 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 22442073 | 187344 | SH |  | SOLE |  | 187344 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 9141876 | 66515 | SH |  | SOLE |  | 66515 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 642632 | 27601 | SH |  | SOLE |  | 27601 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 11177317 | 39973 | SH |  | SOLE |  | 39973 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 17764395 | 157975 | SH |  | SOLE |  | 157975 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 8035333 | 30880 | SH |  | SOLE |  | 30880 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 4819043 | 152024 | SH |  | SOLE |  | 152024 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 5178497 | 34429 | SH |  | SOLE |  | 34429 | 0 | 0 |
| PERKINELMER INC | COM | 714046109 |  | 734754 | 4240 | SH |  | SOLE |  | 4240 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3028137 | 70405 | SH |  | SOLE |  | 70405 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 1495219 | 21351 | SH |  | SOLE |  | 21351 | 0 | 0 |
| PREMIER INC | CL A | 74051N102 |  | 1196102 | 30859 | SH |  | SOLE |  | 30859 | 0 | 0 |
| PRETIUM RES INC | COM | 74139C102 |  | 237921 | 24600 | SH |  | SOLE |  | 24600 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 9619671 | 48905 | SH |  | SOLE |  | 48905 | 0 | 0 |
| PRIMO WATER CORPORATION | COM | 74167P108 |  | 247683 | 15725 | SH |  | SOLE |  | 15725 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 27276961 | 195113 | SH |  | SOLE |  | 195113 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 19894235 | 220092 | SH |  | SOLE |  | 220092 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 5697455 | 54158 | SH |  | SOLE |  | 54158 | 0 | 0 |
| PYROGENESIS CDA INC | COM | 74734T104 |  | 35839 | 8866 | SH |  | SOLE |  | 8866 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 924276 | 7166 | SH |  | SOLE |  | 7166 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 439274 | 3023 | SH |  | SOLE |  | 3023 | 0 | 0 |
| REGAL BELOIT CORP | COM | 758750103 |  | 3367185 | 22397 | SH |  | SOLE |  | 22397 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM CO | COM | 759509102 |  | 3627601 | 25471 | SH |  | SOLE |  | 25471 | 0 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 2981371 | 103304 | SH |  | SOLE |  | 103304 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 4377754 | 71454 | SH |  | SOLE |  | 71454 | 0 | 0 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 782653 | 12683 | SH |  | SOLE |  | 12683 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 7105614 | 70822 | SH |  | SOLE |  | 70822 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 21291270 | 72409 | SH |  | SOLE |  | 72409 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 10239745 | 219266 | SH |  | SOLE |  | 219266 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 6240952 | 57335 | SH |  | SOLE |  | 57335 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 48941348 | 491857 | SH |  | SOLE |  | 491857 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPON ADR B | 780259107 |  | 5521830 | 124730 | SH |  | SOLE |  | 124730 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 594299 | 13334 | SH |  | SOLE |  | 13334 | 0 | 0 |
| RUSH ENTERPRISES INC | CL A | 781846209 |  | 1048666 | 23221 | SH |  | SOLE |  | 23221 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 13373918 | 31476 | SH |  | SOLE |  | 31476 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 43600886 | 101600 | SH |  | SOLE |  | 101600 | 0 | 0 |
| SPDR SER TR | BLOOMBERG BRCLYS | 78468R622 |  | 10334582 | 94500 | SH |  | SOLE |  | 94500 | 0 | 0 |
| SSR MNG INC | COM | 784730103 |  | 412045 | 28333 | SH |  | SOLE |  | 28333 | 0 | 0 |
| SVB FINANCIAL GROUP | COM | 78486Q101 |  | 1272420 | 1967 | SH |  | SOLE |  | 1967 | 0 | 0 |
| SALESFORCE COM INC | COM | 79466L302 |  | 6124455 | 22581 | SH |  | SOLE |  | 22581 | 0 | 0 |
| SANDSTORM GOLD LTD | COM NEW | 80013R206 |  | 145058 | 25203 | SH |  | SOLE |  | 25203 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 863180 | 6392 | SH |  | SOLE |  | 6392 | 0 | 0 |
| SCORE MEDIA  GAMING INC | CL A SUB VTG SHS | 80919D202 |  | 135889 | 3964 | SH |  | SOLE |  | 3964 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 8696600 | 27285 | SH |  | SOLE |  | 27285 | 0 | 0 |
| SEABRIDGE GOLD INC | COM | 811916105 |  | 117143 | 7605 | SH |  | SOLE |  | 7605 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 2947117 | 53789 | SH |  | SOLE |  | 53789 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 4417307 | 117700 | SH |  | SOLE |  | 117700 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 2975234 | 49373 | SH |  | SOLE |  | 49373 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 3472287 | 5580 | SH |  | SOLE |  | 5580 | 0 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 5133377 | 176586 | SH |  | SOLE |  | 176586 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 5807229 | 20760 | SH |  | SOLE |  | 20760 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 21478842 | 15824 | SH |  | SOLE |  | 15824 | 0 | 0 |
| SIERRA WIRELESS INC | COM | 826516106 |  | 57563 | 3718 | SH |  | SOLE |  | 3718 | 0 | 0 |
| SILVERCREST METALS INC | COM | 828363101 |  | 126077 | 18044 | SH |  | SOLE |  | 18044 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 3197245 | 19403 | SH |  | SOLE |  | 19403 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 3339014 | 27818 | SH |  | SOLE |  | 27818 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 1822681 | 8723 | SH |  | SOLE |  | 8723 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 1193497 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| SONOS INC | COM | 83570H108 |  | 1654156 | 51117 | SH |  | SOLE |  | 51117 | 0 | 0 |
| SPROTT INC | COM NEW | 852066208 |  | 86514 | 2353 | SH |  | SOLE |  | 2353 | 0 | 0 |
| SQUARE INC | NOTE   0.125% 3/0 | 852234AF0 |  | 202915 | 100000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 1202283 | 6858 | SH |  | SOLE |  | 6858 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 19619005 | 417635 | SH |  | SOLE |  | 417635 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 721649 | 8518 | SH |  | SOLE |  | 8518 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 2599930 | 14046 | SH |  | SOLE |  | 14046 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 31996066 | 621564 | SH |  | SOLE |  | 621564 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 25791866 | 1244013 | SH |  | SOLE |  | 1244013 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 4466026 | 14916 | SH |  | SOLE |  | 14916 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1185121 | 15097 | SH |  | SOLE |  | 15097 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 975999 | 9540 | SH |  | SOLE |  | 9540 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 5544266 | 84029 | SH |  | SOLE |  | 84029 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 911445 | 7134 | SH |  | SOLE |  | 7134 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 47399395 | 424533 | SH |  | SOLE |  | 424533 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1405280 | 9121 | SH |  | SOLE |  | 9121 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 7634558 | 33372 | SH |  | SOLE |  | 33372 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 805423 | 31242 | SH |  | SOLE |  | 31242 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 14108951 | 566771 | SH |  | SOLE |  | 566771 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 20238852 | 920775 | SH |  | SOLE |  | 920775 | 0 | 0 |
| TELUS INTL CDA INC | SUB VTG SHS | 87975H100 |  | 14721145 | 419570 | SH |  | SOLE |  | 419570 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 40155025 | 208911 | SH |  | SOLE |  | 208911 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 29307120 | 51296 | SH |  | SOLE |  | 51296 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 5782228 | 32962 | SH |  | SOLE |  | 32962 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 63823634 | 964085 | SH |  | SOLE |  | 964085 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 6049565 | 29858 | SH |  | SOLE |  | 29858 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 283996 | 26884 | SH |  | SOLE |  | 26884 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 8310436 | 54670 | SH |  | SOLE |  | 54670 | 0 | 0 |
| TRILLIUM THERAPEUTICS INC | COM NEW | 89620X506 |  | 203339 | 11570 | SH |  | SOLE |  | 11570 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 21452409 | 260818 | SH |  | SOLE |  | 260818 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 6647196 | 113336 | SH |  | SOLE |  | 113336 | 0 | 0 |
| TURQUOISE HILL RES LTD | COM | 900435207 |  | 192521 | 13019 | SH |  | SOLE |  | 13019 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 1793545 | 42082 | SH |  | SOLE |  | 42082 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 7499590 | 126170 | SH |  | SOLE |  | 126170 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1346344 | 24831 | SH |  | SOLE |  | 24831 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 10342726 | 52766 | SH |  | SOLE |  | 52766 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1860526 | 10217 | SH |  | SOLE |  | 10217 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 31435613 | 80451 | SH |  | SOLE |  | 80451 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 11228197 | 131400 | SH |  | SOLE |  | 131400 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 15678334 | 275250 | SH |  | SOLE |  | 275250 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 5194007 | 18024 | SH |  | SOLE |  | 18024 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 18442095 | 341455 | SH |  | SOLE |  | 341455 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 28625364 | 142933 | SH |  | SOLE |  | 142933 | 0 | 0 |
| VERMILION ENERGY INC | COM | 923725105 |  | 151998 | 15377 | SH |  | SOLE |  | 15377 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1070296 | 37673 | SH |  | SOLE |  | 37673 | 0 | 0 |
| VILLAGE FARMS INTL INC | COM | 92707Y108 |  | 67351 | 8063 | SH |  | SOLE |  | 8063 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 19660256 | 88261 | SH |  | SOLE |  | 88261 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 609225 | 35627 | SH |  | SOLE |  | 35627 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 541958 | 35078 | SH |  | SOLE |  | 35078 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 16460180 | 118095 | SH |  | SOLE |  | 118095 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 1242456 | 26407 | SH |  | SOLE |  | 26407 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 3790622 | 30075 | SH |  | SOLE |  | 30075 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 38387991 | 257015 | SH |  | SOLE |  | 257015 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 22087347 | 61817 | SH |  | SOLE |  | 61817 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1214324 | 26165 | SH |  | SOLE |  | 26165 | 0 | 0 |
| WEST FRASER TIMBER CO LTD | COM | 952845105 |  | 1189776 | 14126 | SH |  | SOLE |  | 14126 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 779884 | 1837 | SH |  | SOLE |  | 1837 | 0 | 0 |
| WESTPORT FUEL SYSTEMS INC | COM NEW | 960908309 |  | 47696 | 14522 | SH |  | SOLE |  | 14522 | 0 | 0 |
| WESTROCK CO | COM | 96145D105 |  | 23140743 | 464391 | SH |  | SOLE |  | 464391 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 3965474 | 111483 | SH |  | SOLE |  | 111483 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 2226247 | 59139 | SH |  | SOLE |  | 59139 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 975194 | 37594 | SH |  | SOLE |  | 37594 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 11586316 | 53882 | SH |  | SOLE |  | 53882 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 16966153 | 137177 | SH |  | SOLE |  | 137177 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 7221771 | 203200 | SH |  | SOLE |  | 203200 | 0 | 0 |
| YAMANA GOLD INC | COM | 98462Y100 |  | 499304 | 126483 | SH |  | SOLE |  | 126483 | 0 | 0 |
| ZAI LAB LTD | ADR | 98887Q104 |  | 3395159 | 32215 | SH |  | SOLE |  | 32215 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 2153166 | 34790 | SH |  | SOLE |  | 34790 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 5635724 | 29029 | SH |  | SOLE |  | 29029 | 0 | 0 |
| ZSCALER INC | NOTE   0.125% 7/0 | 98980GAB8 |  | 255557 | 140000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 2762843 | 20902 | SH |  | SOLE |  | 20902 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 2862385 | 37807 | SH |  | SOLE |  | 37807 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 602897 | 13095 | SH |  | SOLE |  | 13095 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 870567 | 29824 | SH |  | SOLE |  | 29824 | 0 | 0 |
| ATLANTICA SUSTAINABLE INFR P | SHS | G0751N103 |  | 1023607 | 29661 | SH |  | SOLE |  | 29661 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 9621012 | 30073 | SH |  | SOLE |  | 30073 | 0 | 0 |
| BROOKFIELD ASSET MGMT REINS | CL A EXCH LT VTG | G16169107 |  | 1441 | 26 | SH |  | SOLE |  | 26 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 3570700 | 65445 | SH |  | SOLE |  | 65445 | 0 | 0 |
| EVEREST RE GROUP LTD | COM | G3223R108 |  | 4941148 | 19703 | SH |  | SOLE |  | 19703 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 6553378 | 137936 | SH |  | SOLE |  | 137936 | 0 | 0 |
| ICON PLC | SHS | G4705A100 |  | 1616411 | 6169 | SH |  | SOLE |  | 6169 | 0 | 0 |
| INTERNATIONAL GAME TECHNOLOG | SHS USD | G4863A108 |  | 1218860 | 46309 | SH |  | SOLE |  | 46309 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 39187002 | 133570 | SH |  | SOLE |  | 133570 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1661398 | 13254 | SH |  | SOLE |  | 13254 | 0 | 0 |
| PAGSEGURO DIGITAL LTD | COM CL A | G68707101 |  | 6805462 | 131582 | SH |  | SOLE |  | 131582 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 24517203 | 337561 | SH |  | SOLE |  | 337561 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 36298154 | 210240 | SH |  | SOLE |  | 210240 | 0 | 0 |
| TRITON INTL LTD | CL A | G9078F107 |  | 891398 | 17129 | SH |  | SOLE |  | 17129 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 4855040 | 27986 | SH |  | SOLE |  | 27986 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 7755324 | 49886 | SH |  | SOLE |  | 49886 | 0 | 0 |
| TE CONNECTIVITY LTD | REG SHS | H84989104 |  | 18792255 | 136949 | SH |  | SOLE |  | 136949 | 0 | 0 |
| GLOBANT S A | COM | L44385109 |  | 3569129 | 12701 | SH |  | SOLE |  | 12701 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 5324668 | 47104 | SH |  | SOLE |  | 47104 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 6679794 | 34103 | SH |  | SOLE |  | 34103 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 2590684 | 29125 | SH |  | SOLE |  | 29125 | 0 | 0 |

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