# EDGAR Filing Document

**Accession Number:** 0001518235
**File Stem:** 0001518235-25-000005
**Filing Date:** 2025-7
**Character Count:** 10635
**Document Hash:** df97040fae157d7339f72a0ec9447e70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001518235-25-000005.hdr.sgml**: 20250711

**ACCESSION NUMBER**: 0001518235-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250711

**DATE AS OF CHANGE**: 20250711

**EFFECTIVENESS DATE**: 20250711

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cardinal Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001518235

**ORGANIZATION NAME:**
- **EIN:** 980484819
- **STATE OF INCORPORATION:** A2
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16118
- **FILM NUMBER:** 251118649

**BUSINESS ADDRESS:**
- **STREET 1:** 400 - 1780 WELLINGTON AVENUE
- **CITY:** WINNIPEG
- **STATE:** A2
- **ZIP:** R3H 1B3
- **BUSINESS PHONE:** 204-783-0716

**MAIL ADDRESS:**
- **STREET 1:** 400 - 1780 WELLINGTON AVENUE
- **CITY:** WINNIPEG
- **STATE:** A2
- **ZIP:** R3H 1B3

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Cardinal Capital Management Inc.<br>**Address:** 400 - 1780 WELLINGTON AVENUE<br>WINNIPEG, A2 R3H 1B3

**Form 13F File Number:** 028-16118

**CRD Number (if applicable):** 000124729

**SEC File Number (if applicable):** 801-61764

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:** DeWayne Osborn<br>**Title:** Chief Compliance Officer<br>**Phone:** 1-800-310-4664

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

DeWayne Osborn  Winnipeg, A2  07-11-2025<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:** 68

**Form 13F Information Table Value Total:** $3194792214

      (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

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 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 |
| AbbVie Inc. | COM | 00287Y109 |  | 35411284 | 190773 | SH |  | SOLE |  | 190773 | 0 | 0 |
| Air Products  Chemicals Inc. | COM | 009158106 |  | 33382365 | 118352 | SH |  | SOLE |  | 118352 | 0 | 0 |
| Allied Properties Real Estate | COM | 019456102 |  | 14234562 | 1129982 | SH |  | SOLE |  | 1129982 | 0 | 0 |
| Amgen Inc. | COM | 031162100 |  | 237329 | 850 | SH |  | SOLE |  | 850 | 0 | 0 |
| Analog Devices Inc. | COM | 032654105 |  | 283244 | 1190 | SH |  | SOLE |  | 1190 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 222609 | 1085 | SH |  | SOLE |  | 1085 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 37537405 | 205044 | SH |  | SOLE |  | 205044 | 0 | 0 |
| Bank of America Corp. | COM | 060505104 |  | 343780 | 7265 | SH |  | SOLE |  | 7265 | 0 | 0 |
| Bank of Montreal | COM | 063671101 |  | 122622102 | 1106867 | SH |  | SOLE |  | 1106867 | 0 | 0 |
| Bank of Nova Scotia | COM | 064149107 |  | 114900732 | 2078609 | SH |  | SOLE |  | 2078609 | 0 | 0 |
| Becton Dickinson and Co. | COM | 075887109 |  | 23738634 | 137815 | SH |  | SOLE |  | 137815 | 0 | 0 |
| Boardwalk Real Estate Investme | COM | 096631106 |  | 35397354 | 688937 | SH |  | SOLE |  | 688937 | 0 | 0 |
| Booking Holdings Inc. | COM | 09857L108 |  | 40194693 | 6943 | SH |  | SOLE |  | 6943 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 26740807 | 97010 | SH |  | SOLE |  | 97010 | 0 | 0 |
| Brookfield Corp. | COM | 11271J107 |  | 136655974 | 2208764 | SH |  | SOLE |  | 2208764 | 0 | 0 |
| Canadian Imperial Bank of Commerce | COM | 136069101 |  | 130993582 | 1846069 | SH |  | SOLE |  | 1846069 | 0 | 0 |
| Canadian National Railway Co. | COM | 136375102 |  | 76178084 | 731350 | SH |  | SOLE |  | 731350 | 0 | 0 |
| Canadian Pacific Kansas City Ltd. | COM | 13646K108 |  | 106295583 | 1338493 | SH |  | SOLE |  | 1338493 | 0 | 0 |
| Canadian Tire Corp. Ltd. - Class | COM | 136681202 |  | 151747360 | 1115012 | SH |  | SOLE |  | 1115012 | 0 | 0 |
| Carrier Global Corp. | COM | 14448C104 |  | 282513 | 3860 | SH |  | SOLE |  | 3860 | 0 | 0 |
| CCL Industries Inc. | COM | 124900309 |  | 89896260 | 1542095 | SH |  | SOLE |  | 1542095 | 0 | 0 |
| CDW Corp/DE | COM | 12514G108 |  | 12847765 | 71940 | SH |  | SOLE |  | 71940 | 0 | 0 |
| Comcast Corp. Class A | COM | 20030N101 |  | 1517539 | 42520 | SH |  | SOLE |  | 42520 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 11129824 | 124023 | SH |  | SOLE |  | 124023 | 0 | 0 |
| Cummins Inc. | COM | 231021106 |  | 35150575 | 107330 | SH |  | SOLE |  | 107330 | 0 | 0 |
| Dollarama Inc. | COM | 25675T107 |  | 518335 | 3680 | SH |  | SOLE |  | 3680 | 0 | 0 |
| Element Fleet Management Corp. | COM | 286181201 |  | 92771547 | 3704911 | SH |  | SOLE |  | 3704911 | 0 | 0 |
| Enbridge Inc. | COM | 29250N105 |  | 118110100 | 2605525 | SH |  | SOLE |  | 2605525 | 0 | 0 |
| Enel SpA - ADR | SPONSORED ADR | 29265W207 |  | 26786375 | 2825567 | SH |  | SOLE |  | 2825567 | 0 | 0 |
| Equinix Inc. | COM | 29444U700 |  | 12881046 | 16193 | SH |  | SOLE |  | 16193 | 0 | 0 |
| Fortis Inc./Canada | COM | 349553107 |  | 478016 | 10015 | SH |  | SOLE |  | 10015 | 0 | 0 |
| Gildan Activewear Inc. | COM | 375916103 |  | 134378413 | 2728046 | SH |  | SOLE |  | 2728046 | 0 | 0 |
| Global Payments Inc. | COM | 37940X102 |  | 8194975 | 102386 | SH |  | SOLE |  | 102386 | 0 | 0 |
| Granite Real Estate Investment trust | COM | 387437205 |  | 16006685 | 315185 | SH |  | SOLE |  | 315185 | 0 | 0 |
| Home Depot Inc./The | COM | 437076102 |  | 30805093 | 84020 | SH |  | SOLE |  | 84020 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 |  | 29670542 | 127407 | SH |  | SOLE |  | 127407 | 0 | 0 |
| Iberdrola SA-Sponsored ADR | SPONSORED ADR | 450737101 |  | 1983775 | 25770 | SH |  | SOLE |  | 25770 | 0 | 0 |
| Intact Financial Corp | COM | 45823T106 |  | 99881251 | 429684 | SH |  | SOLE |  | 429684 | 0 | 0 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 240625 | 830 | SH |  | SOLE |  | 830 | 0 | 0 |
| Manulife Financial Corp. | COM | 56501R106 |  | 153172777 | 4792234 | SH |  | SOLE |  | 4792234 | 0 | 0 |
| Medtronic PLC | SPONSORED ADR | G5960L103 |  | 24687416 | 283210 | SH |  | SOLE |  | 283210 | 0 | 0 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 21347156 | 269671 | SH |  | SOLE |  | 269671 | 0 | 0 |
| Microsoft Corp. | COM | 594918104 |  | 420311 | 845 | SH |  | SOLE |  | 845 | 0 | 0 |
| National Bank of Canada | COM | 633067103 |  | 82816324 | 802828 | SH |  | SOLE |  | 802828 | 0 | 0 |
| NextEra Energy Inc. | COM | 65339F101 |  | 30967637 | 446091 | SH |  | SOLE |  | 446091 | 0 | 0 |
| Nutrien Ltd. | COM | 67077M108 |  | 34498597 | 592242 | SH |  | SOLE |  | 592242 | 0 | 0 |
| NXP Semiconductors NV | SPONSORED ADR | N6596X109 |  | 25428740 | 116384 | SH |  | SOLE |  | 116384 | 0 | 0 |
| Oracle Corp | COM | 68389X105 |  | 30683846 | 140346 | SH |  | SOLE |  | 140346 | 0 | 0 |
| Pembina Pipeline Corp. | COM | 706327103 |  | 110225580 | 2936644 | SH |  | SOLE |  | 2936644 | 0 | 0 |
| Pepsico Inc. | COM | 713448108 |  | 14111775 | 106875 | SH |  | SOLE |  | 106875 | 0 | 0 |
| Royal Bank of Canada | COM | 780087102 |  | 120713453 | 916245 | SH |  | SOLE |  | 916245 | 0 | 0 |
| SAP SE - ADR | SPONSORED ADR | 803054204 |  | 23553761 | 77454 | SH |  | SOLE |  | 77454 | 0 | 0 |
| Saputo Inc. | COM | 802912105 |  | 114030383 | 5573504 | SH |  | SOLE |  | 5573504 | 0 | 0 |
| Schneider Electric SE - ADR | SPONSORED ADR | 80687P106 |  | 20384488 | 381875 | SH |  | SOLE |  | 381875 | 0 | 0 |
| Siemens AG - ADR | SPONSORED ADR | 826197501 |  | 36432838 | 282710 | SH |  | SOLE |  | 282710 | 0 | 0 |
| Sony Group Corp. - ADR | SPONSORED ADR | 835699307 |  | 40004206 | 1536850 | SH |  | SOLE |  | 1536850 | 0 | 0 |
| Stanley Black  Decker Inc. | COM | 854502101 |  | 20158471 | 297542 | SH |  | SOLE |  | 297542 | 0 | 0 |
| Sun Life Financial Inc. | COM | 866796105 |  | 75705357 | 1138144 | SH |  | SOLE |  | 1138144 | 0 | 0 |
| Suncor Energy Inc. | COM | 867224107 |  | 135643671 | 3622337 | SH |  | SOLE |  | 3622337 | 0 | 0 |
| TC Energy Corp. | COM | 87807B107 |  | 120960564 | 2478552 | SH |  | SOLE |  | 2478552 | 0 | 0 |
| TELUS Corp. | COM | 87971M103 |  | 5425806 | 337956 | SH |  | SOLE |  | 337956 | 0 | 0 |
| Texas Instruments Inc | COM | 882508104 |  | 314544 | 1515 | SH |  | SOLE |  | 1515 | 0 | 0 |
| T-Mobile US Inc. | COM | 872590104 |  | 40508727 | 170019 | SH |  | SOLE |  | 170019 | 0 | 0 |
| Toronto-Dominion Bank | COM | 891160509 |  | 1273496 | 17320 | SH |  | SOLE |  | 17320 | 0 | 0 |
| Unilever PLC - ADR | SPONSORED ADR | 904767704 |  | 25969662 | 424549 | SH |  | SOLE |  | 424549 | 0 | 0 |
| United Rentals Inc. | COM | 911363109 |  | 30670161 | 40709 | SH |  | SOLE |  | 40709 | 0 | 0 |
| US Bancorp | COM | 902973304 |  | 1377682 | 30446 | SH |  | SOLE |  | 30446 | 0 | 0 |
| Wells Fargo  Co. | COM | 949746101 |  | 42656048 | 532402 | SH |  | SOLE |  | 532402 | 0 | 0 |

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