# EDGAR Filing Document

**Accession Number:** 0001335382
**File Stem:** 0001335382-25-000003
**Filing Date:** 2025-11
**Character Count:** 26781
**Document Hash:** f2a66b66b8cc34452674dd0e65ac2373
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001335382-25-000003.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001335382-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANK OF NOVA SCOTIA TRUST CO
- **CENTRAL INDEX KEY:** 0001335382

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11459
- **FILM NUMBER:** 251483486

**BUSINESS ADDRESS:**
- **STREET 1:** 40 KING STREET WEST, 38TH FLOOR
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 1H1
- **BUSINESS PHONE:** (416) 933-2727

**MAIL ADDRESS:**
- **STREET 1:** 40 KING STREET WEST, 38TH FLOOR
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 1H1

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** BANK OF NOVA SCOTIA TRUST CO<br>**Address:** 40 KING STREET WEST 38TH FLOOR<br>TORONTO, A6 M5H 1H1

**Form 13F File Number:** 028-11459

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:** Wes Kim<br>**Title:** Director Subsidiary Financial Accounting  Reporting<br>**Phone:** 416-993-4349

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

/s/Wes Kim  Toronto, Z4  11-14-2025<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:** 1

**Form 13F Information Table Entry Total:** 242

**Form 13F Information Table Value Total:** $1076063778

      (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.]

| No.   | Name                | Form 13F File Number   |
|:---|:---|:---|
|  | BANK OF NOVA SCOTIA | 028-11475              |

### 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 |
| ABBOTT LABS | COM | 002824100 |  | 4227950 | 31566 | SH |  | DFND |  | 31566 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1140633 | 8516 | SH |  | OTR |  | 0 | 8516 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 308250 | 1250 | SH |  | OTR |  | 0 | 1250 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2143201 | 8691 | SH |  | DFND |  | 8691 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 126284 | 358 | SH |  | OTR |  | 0 | 358 | 0 |
| ADOBE INC | COM | 00724F101 |  | 767584 | 2176 | SH |  | DFND |  | 2176 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 301554 | 1789 | SH |  | OTR |  | 0 | 1789 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 3659100 | 21708 | SH |  | DFND |  | 21708 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 120825 | 22500 | SH |  | DFND |  | 22500 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 10740 | 2000 | SH |  | OTR |  | 0 | 2000 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 9103609 | 37448 | SH |  | OTR |  | 0 | 37448 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 15167981 | 62394 | SH |  | DFND |  | 62394 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3540243 | 14536 | SH |  | DFND |  | 14536 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1501973 | 6167 | SH |  | OTR |  | 0 | 6167 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 10741364 | 48920 | SH |  | DFND |  | 48920 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 5684448 | 25889 | SH |  | OTR |  | 0 | 25889 | 0 |
| APPLE INC | COM | 037833100 |  | 12659185 | 49716 | SH |  | DFND |  | 49716 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4979290 | 19555 | SH |  | OTR |  | 0 | 19555 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 197490 | 204 | SH |  | DFND |  | 204 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 25170 | 26 | SH |  | OTR |  | 0 | 26 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 561754 | 21441 | SH |  | DFND |  | 21441 | 0 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 95211 | 3634 | SH |  | OTR |  | 0 | 3634 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 46383067 | 356108 | SH |  | DFND |  | 356108 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 19458178 | 149391 | SH |  | OTR |  | 0 | 149391 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 9754909 | 150888 | SH |  | OTR |  | 0 | 150888 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 3242004 | 50147 | SH |  | DFND |  | 50147 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 3352582 | 143334 | SH |  | OTR |  | 0 | 143334 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 3734868 | 159678 | SH |  | DFND |  | 159678 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 339963 | 4437 | SH |  | DFND |  | 4437 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 87980 | 175 | SH |  | DFND |  | 175 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1493641 | 2971 | SH |  | OTR |  | 0 | 2971 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 78080 | 16000 | SH |  | DFND |  | 16000 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1192685 | 1023 | SH |  | DFND |  | 1023 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 204166 | 1195 | SH |  | OTR |  | 0 | 1195 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 296960 | 55 | SH |  | OTR |  | 0 | 55 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 340154 | 63 | SH |  | DFND |  | 63 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 212794 | 2129 | SH |  | DFND |  | 2129 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 626829 | 1900 | SH |  | OTR |  | 0 | 1900 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 271186 | 822 | SH |  | DFND |  | 822 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 140983 | 2476 | SH |  | DFND |  | 2476 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 192116 | 3374 | SH |  | OTR |  | 0 | 3374 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 7223257 | 105326 | SH |  | OTR |  | 0 | 105326 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 20926364 | 305138 | SH |  | DFND |  | 305138 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 812745 | 24711 | SH |  | DFND |  | 24711 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 802088 | 24387 | SH |  | OTR |  | 0 | 24387 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 966937 | 23515 | SH |  | DFND |  | 23515 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 155721 | 3787 | SH |  | OTR |  | 0 | 3787 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 147318 | 4280 | SH |  | DFND |  | 4280 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 226208 | 6572 | SH |  | OTR |  | 0 | 6572 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 1045578 | 40542 | SH |  | OTR |  | 0 | 40542 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 4692104 | 181935 | SH |  | DFND |  | 181935 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 113355 | 1865 | SH |  | OTR |  | 0 | 1865 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 733918 | 12075 | SH |  | DFND |  | 12075 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 691798 | 23340 | SH |  | OTR |  | 0 | 23340 | 0 |
| CAE INC | COM | 124765108 |  | 446082 | 15050 | SH |  | DFND |  | 15050 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 175267 | 2090 | SH |  | OTR |  | 0 | 2090 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 715494 | 8532 | SH |  | DFND |  | 8532 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 4279947 | 53573 | SH |  | DFND |  | 53573 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 3628843 | 45423 | SH |  | OTR |  | 0 | 45423 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 19173763 | 599930 | SH |  | DFND |  | 599930 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 6072624 | 190007 | SH |  | OTR |  | 0 | 190007 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 6743864 | 71515 | SH |  | OTR |  | 0 | 71515 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 19071138 | 202239 | SH |  | DFND |  | 202239 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 3737387 | 50173 | SH |  | OTR |  | 0 | 50173 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 17636550 | 236764 | SH |  | DFND |  | 236764 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 39043 | 2298 | SH |  | OTR |  | 0 | 2298 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 214227 | 12609 | SH |  | DFND |  | 12609 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 10283285 | 115374 | SH |  | DFND |  | 115374 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 728727 | 8176 | SH |  | OTR |  | 0 | 8176 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 1908892 | 7065 | SH |  | OTR |  | 0 | 7065 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 5389210 | 19946 | SH |  | DFND |  | 19946 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 514179 | 7753 | SH |  | DFND |  | 7753 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 4311 | 65 | SH |  | OTR |  | 0 | 65 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 218476 | 2733 | SH |  | OTR |  | 0 | 2733 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 1394487 | 8927 | SH |  | DFND |  | 8927 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 477378 | 3056 | SH |  | OTR |  | 0 | 3056 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1392597 | 44322 | SH |  | OTR |  | 0 | 44322 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2959010 | 94176 | SH |  | DFND |  | 94176 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 6940374 | 7498 | SH |  | OTR |  | 0 | 7498 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 10471652 | 11313 | SH |  | DFND |  | 11313 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 234546 | 1384 | SH |  | DFND |  | 1384 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 7203182 | 36332 | SH |  | DFND |  | 36332 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2276025 | 11480 | SH |  | OTR |  | 0 | 11480 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 283915 | 3013 | SH |  | OTR |  | 0 | 3013 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 4598895 | 48805 | SH |  | DFND |  | 48805 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 4077002 | 35607 | SH |  | DFND |  | 35607 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1798795 | 15710 | SH |  | OTR |  | 0 | 15710 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 992368 | 12739 | SH |  | OTR |  | 0 | 12739 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1796764 | 23065 | SH |  | DFND |  | 23065 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 794194 | 2900 | SH |  | DFND |  | 2900 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 16479 | 51 | SH |  | OTR |  | 0 | 51 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 234908 | 727 | SH |  | DFND |  | 727 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 341061 | 447 | SH |  | OTR |  | 0 | 447 | 0 |
| EMERA INC | COM | 290876101 |  | 251358 | 5241 | SH |  | DFND |  | 5241 | 0 | 0 |
| EMERA INC | COM | 290876101 |  | 2982728 | 62192 | SH |  | OTR |  | 0 | 62192 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1322688 | 10083 | SH |  | OTR |  | 0 | 10083 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 4448839 | 33914 | SH |  | DFND |  | 33914 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 12589215 | 249489 | SH |  | OTR |  | 0 | 249489 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 37181906 | 736859 | SH |  | DFND |  | 736859 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3246862 | 28797 | SH |  | DFND |  | 28797 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 126167 | 1119 | SH |  | OTR |  | 0 | 1119 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 1335525 | 7011 | SH |  | DFND |  | 7011 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 120199 | 631 | SH |  | OTR |  | 0 | 631 | 0 |
| FISERV INC | COM | 337738108 |  | 206804 | 1604 | SH |  | DFND |  | 1604 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 6151565 | 121237 | SH |  | OTR |  | 0 | 121237 | 0 |
| FORTIS INC | COM | 349553107 |  | 14028950 | 276487 | SH |  | DFND |  | 276487 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 834006 | 17024 | SH |  | OTR |  | 0 | 17024 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 2003691 | 40900 | SH |  | DFND |  | 40900 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 3936368 | 17659 | SH |  | OTR |  | 0 | 17659 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 12630304 | 56661 | SH |  | DFND |  | 56661 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 491647 | 8506 | SH |  | OTR |  | 0 | 8506 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 8381 | 145 | SH |  | DFND |  | 145 | 0 | 0 |
| GRANITE REAL ESTATE INVT TR | TR UNIT NEW | 387437205 |  | 375019 | 6728 | SH |  | DFND |  | 6728 | 0 | 0 |
| GRANITE REAL ESTATE INVT TR | TR UNIT NEW | 387437205 |  | 80656 | 1447 | SH |  | OTR |  | 0 | 1447 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 165792 | 389 | SH |  | DFND |  | 389 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 122746 | 288 | SH |  | OTR |  | 0 | 288 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 248381 | 613 | SH |  | OTR |  | 0 | 613 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 3874427 | 9562 | SH |  | DFND |  | 9562 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2816911 | 13382 | SH |  | DFND |  | 13382 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1737678 | 8255 | SH |  | OTR |  | 0 | 8255 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 354195 | 1805 | SH |  | DFND |  | 1805 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 251541 | 1493 | SH |  | OTR |  | 0 | 1493 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 3875 | 23 | SH |  | DFND |  | 23 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 11604511 | 62585 | SH |  | DFND |  | 62585 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4089438 | 22055 | SH |  | OTR |  | 0 | 22055 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 4868347 | 15434 | SH |  | OTR |  | 0 | 15434 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 15102788 | 47880 | SH |  | DFND |  | 47880 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 1516993 | 61046 | SH |  | DFND |  | 61046 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 4905325 | 10327 | SH |  | DFND |  | 10327 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1967450 | 4142 | SH |  | OTR |  | 0 | 4142 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 5973822 | 191776 | SH |  | OTR |  | 0 | 191776 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 18790085 | 603213 | SH |  | DFND |  | 603213 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7568586 | 13306 | SH |  | DFND |  | 13306 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 4196680 | 7378 | SH |  | OTR |  | 0 | 7378 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 2115159 | 31612 | SH |  | DFND |  | 31612 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 331673 | 4957 | SH |  | OTR |  | 0 | 4957 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1570807 | 5169 | SH |  | DFND |  | 5169 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 409948 | 1349 | SH |  | OTR |  | 0 | 1349 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 2899391 | 30443 | SH |  | OTR |  | 0 | 30443 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 7735964 | 81226 | SH |  | DFND |  | 81226 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1398260 | 1904 | SH |  | DFND |  | 1904 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 945147 | 1287 | SH |  | OTR |  | 0 | 1287 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 29378642 | 56721 | SH |  | DFND |  | 56721 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 13718942 | 26487 | SH |  | OTR |  | 0 | 26487 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 76088 | 1218 | SH |  | OTR |  | 0 | 1218 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 543551 | 8701 | SH |  | DFND |  | 8701 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 608817 | 3830 | SH |  | OTR |  | 0 | 3830 | 0 |
| NIKE INC | CL B | 654106103 |  | 1440552 | 20659 | SH |  | OTR |  | 0 | 20659 | 0 |
| NIKE INC | CL B | 654106103 |  | 2298928 | 32969 | SH |  | DFND |  | 32969 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 9563976 | 162902 | SH |  | DFND |  | 162902 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 3574558 | 60885 | SH |  | OTR |  | 0 | 60885 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 9142 | 49 | SH |  | OTR |  | 0 | 49 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3647079 | 19547 | SH |  | DFND |  | 19547 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 549935 | 14712 | SH |  | OTR |  | 0 | 14712 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 566232 | 15148 | SH |  | DFND |  | 15148 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 448297 | 1594 | SH |  | OTR |  | 0 | 1594 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1507446 | 5360 | SH |  | DFND |  | 5360 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 13514287 | 334016 | SH |  | DFND |  | 334016 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 3483889 | 86107 | SH |  | OTR |  | 0 | 86107 | 0 |
| PEPSICO INC | COM | 713448108 |  | 943055 | 6715 | SH |  | DFND |  | 6715 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 146058 | 1040 | SH |  | OTR |  | 0 | 1040 | 0 |
| PFIZER INC | COM | 717081103 |  | 176271 | 6918 | SH |  | OTR |  | 0 | 6918 | 0 |
| PFIZER INC | COM | 717081103 |  | 38220 | 1500 | SH |  | DFND |  | 1500 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 158567 | 1032 | SH |  | OTR |  | 0 | 1032 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 786534 | 5119 | SH |  | DFND |  | 5119 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1041388 | 4217 | SH |  | DFND |  | 4217 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 95817 | 388 | SH |  | OTR |  | 0 | 388 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 2047618 | 17880 | SH |  | DFND |  | 17880 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 127232 | 1111 | SH |  | OTR |  | 0 | 1111 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 7176683 | 66230 | SH |  | DFND |  | 66230 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 147045 | 1357 | SH |  | OTR |  | 0 | 1357 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 3517438 | 54840 | SH |  | OTR |  | 0 | 54840 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 15657472 | 244114 | SH |  | DFND |  | 244114 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 726800 | 21085 | SH |  | OTR |  | 0 | 21085 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 404023 | 11721 | SH |  | DFND |  | 11721 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 27943805 | 189681 | SH |  | OTR |  | 0 | 189681 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 64688065 | 439099 | SH |  | DFND |  | 439099 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 1132824 | 6770 | SH |  | DFND |  | 6770 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 100398 | 600 | SH |  | OTR |  | 0 | 600 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 5694636 | 24028 | SH |  | DFND |  | 24028 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2574531 | 10863 | SH |  | OTR |  | 0 | 10863 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2013502 | 5815 | SH |  | DFND |  | 5815 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 153393 | 443 | SH |  | OTR |  | 0 | 443 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 7012311 | 47186 | SH |  | DFND |  | 47186 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 945011 | 6359 | SH |  | OTR |  | 0 | 6359 | 0 |
| SOUTH BOW CORP | COM | 83671M105 |  | 368336 | 13020 | SH |  | DFND |  | 13020 | 0 | 0 |
| SOUTH BOW CORP | COM | 83671M105 |  | 303297 | 10721 | SH |  | OTR |  | 0 | 10721 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1768708 | 2655 | SH |  | DFND |  | 2655 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 744789 | 1118 | SH |  | OTR |  | 0 | 1118 | 0 |
| STANTEC INC | COM | 85472N109 |  | 4904361 | 45495 | SH |  | DFND |  | 45495 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 346685 | 3216 | SH |  | OTR |  | 0 | 3216 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 239176 | 647 | SH |  | OTR |  | 0 | 647 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 554875 | 1501 | SH |  | DFND |  | 1501 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 3983351 | 66356 | SH |  | OTR |  | 0 | 66356 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 14750572 | 245720 | SH |  | DFND |  | 245720 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 5547727 | 132689 | SH |  | OTR |  | 0 | 132689 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 16188999 | 387204 | SH |  | DFND |  | 387204 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 279290 | 1000 | SH |  | OTR |  | 0 | 1000 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 252478 | 904 | SH |  | DFND |  | 904 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 35024860 | 643721 | SH |  | DFND |  | 643721 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 11265155 | 207042 | SH |  | OTR |  | 0 | 207042 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 3850337 | 17539 | SH |  | OTR |  | 0 | 17539 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 10108478 | 46046 | SH |  | DFND |  | 46046 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 101956 | 2323 | SH |  | OTR |  | 0 | 2323 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 2207053 | 50286 | SH |  | DFND |  | 50286 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 29153857 | 1848691 | SH |  | DFND |  | 1848691 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 7255777 | 460100 | SH |  | OTR |  | 0 | 460100 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 112075 | 610 | SH |  | OTR |  | 0 | 610 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 643055 | 3500 | SH |  | DFND |  | 3500 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 661947 | 7517 | SH |  | OTR |  | 0 | 7517 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 723941 | 8221 | SH |  | DFND |  | 8221 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 878856 | 1812 | SH |  | DFND |  | 1812 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 537402 | 1108 | SH |  | OTR |  | 0 | 1108 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 1237669 | 7968 | SH |  | OTR |  | 0 | 7968 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 6806561 | 43820 | SH |  | DFND |  | 43820 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1773506 | 12270 | SH |  | OTR |  | 0 | 12270 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 3217460 | 22260 | SH |  | DFND |  | 22260 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 17636011 | 220588 | SH |  | OTR |  | 0 | 220588 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 41995097 | 525267 | SH |  | DFND |  | 525267 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 376107 | 3839 | SH |  | DFND |  | 3839 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 939588 | 15850 | SH |  | DFND |  | 15850 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1526917 | 4422 | SH |  | OTR |  | 0 | 4422 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2452321 | 7102 | SH |  | DFND |  | 7102 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 288591 | 1695 | SH |  | OTR |  | 0 | 1695 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1204760 | 7076 | SH |  | DFND |  | 7076 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 220380 | 3000 | SH |  | OTR |  | 0 | 3000 | 0 |
| VERMILION ENERGY INC | COM | 923725105 |  | 78200 | 10000 | SH |  | DFND |  | 10000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 4904265 | 14366 | SH |  | OTR |  | 0 | 14366 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 13387558 | 39216 | SH |  | DFND |  | 39216 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1488496 | 14443 | SH |  | DFND |  | 14443 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 409973 | 3978 | SH |  | OTR |  | 0 | 3978 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 15716872 | 89402 | SH |  | DFND |  | 89402 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 3906628 | 22222 | SH |  | OTR |  | 0 | 22222 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1208823 | 5474 | SH |  | DFND |  | 5474 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 8833 | 40 | SH |  | OTR |  | 0 | 40 | 0 |
| WEST FRASER TIMBER CO LTD | COM | 952845105 |  | 687278 | 10110 | SH |  | DFND |  | 10110 | 0 | 0 |
| WEST FRASER TIMBER CO LTD | COM | 952845105 |  | 24269 | 357 | SH |  | OTR |  | 0 | 357 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 2253576 | 20150 | SH |  | DFND |  | 20150 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 478452 | 4278 | SH |  | OTR |  | 0 | 4278 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 261254 | 6087 | SH |  | OTR |  | 0 | 6087 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 182900 | 1250 | SH |  | DFND |  | 1250 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 66868 | 457 | SH |  | OTR |  | 0 | 457 | 0 |

---