# EDGAR Filing Document

**Accession Number:** 0001418359
**File Stem:** 0001418359-25-000004
**Filing Date:** 2025-11
**Character Count:** 26083
**Document Hash:** 74e8674aed68da347d38a861bbf5d7c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001418359-25-000004.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001418359-25-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251110

**EFFECTIVENESS DATE**: 20251112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** K.J. Harrison & Partners Inc
- **CENTRAL INDEX KEY:** 0001418359

**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:** 028-12625
- **FILM NUMBER:** 251468122

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 60 BEDFORD ROAD
- **CITY:** TORONTO
- **PROVINCE COUNTRY:** A6
- **ZIP:** M5R2K2
- **BUSINESS PHONE:** 4168678252

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 60 BEDFORD ROAD
- **CITY:** TORONTO
- **PROVINCE COUNTRY:** A6
- **ZIP:** M5R2K2

### 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:** K.J. Harrison  Partners Inc<br>**Address:** 60 BEDFORD ROAD<br>TORONTO, A6 M5R2K2

**Form 13F File Number:** 028-12625

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:** Sindy Jagger<br>**Title:** Chief Compliance Officer<br>**Phone:** 416-867-8252

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

/s/   Sindy Jagger  Toronto, A6  11-10-2025<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:** 206

**Form 13F Information Table Value Total:** $698976689

      (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 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 282084 | 904 | SH |  | SOLE |  | 904 | 0 | 0 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 | BBG00X28J8Y2 | 502841 | 95962 | SH |  | SOLE |  | 95962 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 10451428 | 62176 | SH |  | SOLE |  | 62176 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 | BBG001SCF1B9 | 205920 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 | BBG001V0T5F3 | 536548 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 13365045 | 54398 | SH |  | SOLE |  | 54398 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 14153461 | 57434 | SH |  | SOLE |  | 57434 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 26874023 | 120831 | SH |  | SOLE |  | 120831 | 0 | 0 |
| AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 | BBG001SCXBR0 | 248888 | 64356 | SH |  | SOLE |  | 64356 | 0 | 0 |
| AMETEK INC | COM | 031100100 | BBG001S5NN54 | 912968 | 4905 | SH |  | SOLE |  | 4905 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 | BBG01T2JZYW3 | 482100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 51160899 | 198969 | SH |  | SOLE |  | 198969 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 | BBG006HFPX86 | 438897 | 642 | SH |  | SOLE |  | 642 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 231606 | 799 | SH |  | SOLE |  | 799 | 0 | 0 |
| AVNET INC | COM | 053807103 | BBG001S5NZJ2 | 675870 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 283748 | 5621 | SH |  | SOLE |  | 5621 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 | BBG001S5Y203 | 6622528 | 50847 | SH |  | SOLE |  | 50847 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 | BBG001S5Y2B1 | 8044758 | 123615 | SH |  | SOLE |  | 123615 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 | BBG001S5P2C0 | 5981910 | 257556 | SH |  | SOLE |  | 257556 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 705088 | 3680 | SH |  | SOLE |  | 3680 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 11914043 | 16 | SH |  | SOLE |  | 16 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 14332584 | 28901 | SH |  | SOLE |  | 28901 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 | BBG001S5P5K4 | 2775278 | 50005 | SH |  | SOLE |  | 50005 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 | BBG001S67826 | 1553432 | 10006 | SH |  | SOLE |  | 10006 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 | BBG001T53509 | 3432000 | 39000 | SH |  | SOLE |  | 39000 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 2448262 | 11260 | SH |  | SOLE |  | 11260 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 336322 | 62 | SH |  | SOLE |  | 62 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 4080594 | 42409 | SH |  | SOLE |  | 42409 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 | BBG019Z17GF9 | 452015 | 7959 | SH |  | SOLE |  | 7959 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | BBG001SF86D7 | 4698248 | 68931 | SH |  | SOLE |  | 68931 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 | BBG001S5P686 | 755056 | 22629 | SH |  | SOLE |  | 22629 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 | BBG01RJ2TXY3 | 676812 | 15985 | SH |  | SOLE |  | 15985 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 | BBG001SDHPH6 | 265129 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 | BBG004G49425 | 1335959 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 | BBG001S5Y5S6 | 615100 | 7307 | SH |  | SOLE |  | 7307 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 | BBG001S5YBB1 | 11535547 | 142920 | SH |  | SOLE |  | 142920 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 | BBG001S5YC56 | 5085101 | 161665 | SH |  | SOLE |  | 161665 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG001S8WVQ7 | 2598087 | 27516 | SH |  | SOLE |  | 27516 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | BBG001S7F4Z8 | 7128512 | 93990 | SH |  | SOLE |  | 93990 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 641340 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| CARVANA CO | CL A | 146869102 | BBG00GCTWF71 | 1973550 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 3495311 | 7125 | SH |  | SOLE |  | 7125 | 0 | 0 |
| CCC INTELLIGENT SOLUTIONS HL | COM | 12510Q100 | BBG00WNSJM58 | 193620 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 | BBG001S9CXM7 | 3262150 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 | BBG001T2PJV8 | 482011 | 28836 | SH |  | SOLE |  | 28836 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 | BBG001S5PW98 | 3477624 | 15295 | SH |  | SOLE |  | 15295 | 0 | 0 |
| COEUR MNG INC | COM NEW | 192108504 | BBG001S5PM54 | 194035 | 10321 | SH |  | SOLE |  | 10321 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | BBG00ZGF7799 | 2232420 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| COPART INC | COM | 217204106 | BBG001S7MTB1 | 1796171 | 40300 | SH |  | SOLE |  | 40300 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 685692 | 10800 | SH |  | SOLE |  | 10800 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 7864970 | 8579 | SH |  | SOLE |  | 8579 | 0 | 0 |
| CRH PLC | ORD | G25508105 | BBG001S61NK9 | 933384 | 7705 | SH |  | SOLE |  | 7705 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 420660 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 | BBG001S9ZPX7 | 114296 | 41238 | SH |  | SOLE |  | 41238 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 | BBG001SBJY34 | 259828 | 2815 | SH |  | SOLE |  | 2815 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 1975458 | 17616 | SH |  | SOLE |  | 17616 | 0 | 0 |
| DOMO INC | COM CL B | 257554105 | BBG00L2NS125 | 924000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 | BBG005D7QCK1 | 1081710 | 4005 | SH |  | SOLE |  | 4005 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 943784 | 2505 | SH |  | SOLE |  | 2505 | 0 | 0 |
| EBAY INC. | COM | 278642103 | BBG001S9B9J5 | 981240 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 7945986 | 9692 | SH |  | SOLE |  | 9692 | 0 | 0 |
| EMERA INC | COM | 290876101 | BBG001S8TF95 | 320869 | 6687 | SH |  | SOLE |  | 6687 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 3108909 | 62559 | SH |  | SOLE |  | 62559 | 0 | 0 |
| ENERFLEX LTD | COM | 29269R105 | BBG001SXXC92 | 1406257 | 127919 | SH |  | SOLE |  | 127919 | 0 | 0 |
| FABRINET | SHS | G3323L100 | BBG001SP57F4 | 1478240 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | BBG001S8ZT61 | 1963148 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 731806 | 3020 | SH |  | SOLE |  | 3020 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 6317502 | 162529 | SH |  | SOLE |  | 162529 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 | BBG019M62R54 | 4820480 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 4630096 | 15462 | SH |  | SOLE |  | 15462 | 0 | 0 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 | BBG00YXVPVG7 | 597000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 | BBG001SGS2Z8 | 1486424 | 17200 | SH |  | SOLE |  | 17200 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 7194457 | 9231 | SH |  | SOLE |  | 9231 | 0 | 0 |
| GRAYSCALE ETHEREUM TRUST ETF | SHS | 389638107 | BBG00P5NVDH7 | 370500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 | BBG001S5RS59 | 983879 | 40356 | SH |  | SOLE |  | 40356 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 | BBG001S5RVC4 | 4239585 | 13340 | SH |  | SOLE |  | 13340 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 | BBG001S6S7F1 | 1584720 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 | BBG001S6HWB2 | 3565275 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 6778372 | 17160 | SH |  | SOLE |  | 17160 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 | BBG001SL27N7 | 1683056 | 108950 | SH |  | SOLE |  | 108950 | 0 | 0 |
| IMPINJ INC | COM | 453204109 | BBG001T313Q3 | 3873876 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 2341843 | 62784 | SH |  | SOLE |  | 62784 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 340930 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 1611670 | 3638 | SH |  | SOLE |  | 3638 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 205826 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 2422630 | 35228 | SH |  | SOLE |  | 35228 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 | BBG01NXX8HZ5 | 7405875 | 217500 | SH |  | SOLE |  | 217500 | 0 | 0 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 | BBG00H5VLN77 | 1024950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 1921424 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 489839 | 5470 | SH |  | SOLE |  | 5470 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 1835960 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 | BBG001S56QV7 | 575840 | 4135 | SH |  | SOLE |  | 4135 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 540700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 | BBG002DMN4B6 | 297021 | 5677 | SH |  | SOLE |  | 5677 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 530201 | 1443 | SH |  | SOLE |  | 1443 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 268427 | 2769 | SH |  | SOLE |  | 2769 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 5480201 | 22458 | SH |  | SOLE |  | 22458 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 | BBG001SQZTR8 | 2706500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | BBG00XX898D2 | 1568600 | 31000 | SH |  | SOLE |  | 31000 | 0 | 0 |
| JOBY AVIATION INC | COMMON STOCK | G65163100 | BBG00X2MYTD1 | 534000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1277869 | 6871 | SH |  | SOLE |  | 6871 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 8560654 | 27835 | SH |  | SOLE |  | 27835 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 | BBG004XB9HZ5 | 2425251 | 56480 | SH |  | SOLE |  | 56480 | 0 | 0 |
| LATTICE SEMICONDUCTOR CORP | COM | 518415104 | BBG001S6C0G2 | 728700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 | BBG001SNP2B2 | 493511 | 3150 | SH |  | SOLE |  | 3150 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 1026185 | 2055 | SH |  | SOLE |  | 2055 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 | BBG001S5SY91 | 236040 | 4869 | SH |  | SOLE |  | 4869 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 | BBG001S76KD6 | 1019877 | 32483 | SH |  | SOLE |  | 32483 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 6010583 | 10411 | SH |  | SOLE |  | 10411 | 0 | 0 |
| MATERION CORP | COM | 576690101 | BBG001S5PFQ6 | 741377 | 6005 | SH |  | SOLE |  | 6005 | 0 | 0 |
| MATTEL INC | COM | 577081102 | BBG001S5SZF1 | 292740 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 1586878 | 16620 | SH |  | SOLE |  | 16620 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 | BBG001SM32G3 | 988504 | 440 | SH |  | SOLE |  | 440 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 3589351 | 40100 | SH |  | SOLE |  | 40100 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 19510387 | 26835 | SH |  | SOLE |  | 26835 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 2756250 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 27876263 | 54051 | SH |  | SOLE |  | 54051 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 | BBG001SDRGP6 | 930510 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| MOODYS CORP | COM | 615369105 | BBG001S5VP87 | 6063288 | 12575 | SH |  | SOLE |  | 12575 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 4303208 | 27709 | SH |  | SOLE |  | 27709 | 0 | 0 |
| MSCI INC | COM | 55354G100 | BBG001SV8B05 | 905083 | 1614 | SH |  | SOLE |  | 1614 | 0 | 0 |
| NCR ATLEOS CORPORATION | COM SHS | 63001N106 | BBG019Y0WP28 | 3111794 | 79100 | SH |  | SOLE |  | 79100 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 | BBG001TBY593 | 2102029 | 16700 | SH |  | SOLE |  | 16700 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 2972589 | 2557 | SH |  | SOLE |  | 2557 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 | BBG001S5YM54 | 192220 | 26185 | SH |  | SOLE |  | 26185 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 11516279 | 133244 | SH |  | SOLE |  | 133244 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 363459 | 4649 | SH |  | SOLE |  | 4649 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 1502735 | 20152 | SH |  | SOLE |  | 20152 | 0 | 0 |
| NORTH AMERN CONSTR GROUP LTD | COM | 656811106 | BBG001SBRPM3 | 3752978 | 258142 | SH |  | SOLE |  | 258142 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 | BBG001SCKPS2 | 1228500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NOUVEAU MONDE GRAPHITE INC | COM NEW | 66979W842 | BBG002N14VB2 | 269104 | 100200 | SH |  | SOLE |  | 100200 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 | BBG00JM9SM69 | 7094749 | 118796 | SH |  | SOLE |  | 118796 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 12423106 | 65769 | SH |  | SOLE |  | 65769 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 | BBG001SF62F6 | 2096025 | 9205 | SH |  | SOLE |  | 9205 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 | BBG001S6WQT9 | 1009649 | 7181 | SH |  | SOLE |  | 7181 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 3046918 | 10551 | SH |  | SOLE |  | 10551 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 | BBG001S6SX46 | 460080 | 3550 | SH |  | SOLE |  | 3550 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 | BBG001SB0CJ5 | 6473119 | 163060 | SH |  | SOLE |  | 163060 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 805617 | 5661 | SH |  | SOLE |  | 5661 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 1770030 | 65363 | SH |  | SOLE |  | 65363 | 0 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 | BBG001T618D9 | 983432 | 9801 | SH |  | SOLE |  | 9801 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 | BBG001S5V215 | 846200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1531904 | 10075 | SH |  | SOLE |  | 10075 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 | BBG001SCBW07 | 1991000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 | BBG001S7RF80 | 518550 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 | BBG001SBQWW8 | 6510327 | 60349 | SH |  | SOLE |  | 60349 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 2454600 | 4091 | SH |  | SOLE |  | 4091 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 2733225 | 41250 | SH |  | SOLE |  | 41250 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 | BBG008NMBXP6 | 1899928 | 13040 | SH |  | SOLE |  | 13040 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 | BBG01V7JN489 | 4512420 | 86000 | SH |  | SOLE |  | 86000 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 609548 | 1225 | SH |  | SOLE |  | 1225 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG001S60869 | 21893660 | 149531 | SH |  | SOLE |  | 149531 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 2159134 | 4530 | SH |  | SOLE |  | 4530 | 0 | 0 |
| SAMSARA INC | COM CL A | 79589L106 | BBG0099PW5Q0 | 782600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 2219516 | 23943 | SH |  | SOLE |  | 23943 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 | BBG0113JGQG9 | 764220 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 7294702 | 25477 | SH |  | SOLE |  | 25477 | 0 | 0 |
| SELECT WATER SOLUTIONS INC | CL A COM | 81617J301 | BBG00G4Y2F27 | 127200 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 7598619 | 50227 | SH |  | SOLE |  | 50227 | 0 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 | BBG001SH81D4 | 2434840 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 302636 | 853 | SH |  | SOLE |  | 853 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 3981859 | 5950 | SH |  | SOLE |  | 5950 | 0 | 0 |
| SPDR SERIES TRUST | S BIOTECH | 78464A870 | BBG001SQDKG3 | 2236462 | 21800 | SH |  | SOLE |  | 21800 | 0 | 0 |
| SPDR SERIES TRUST | S HOMEBUILD | 78464A888 | BBG001SQDKH2 | 2232800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 | BBG001SMH2R6 | 2512800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 | BBG0125CMST5 | 1329000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | BBG003T4VFD1 | 4455990 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 | BBG001T66XM9 | 8484287 | 286496 | SH |  | SOLE |  | 286496 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 | BBG001T96GD0 | 6840502 | 433957 | SH |  | SOLE |  | 433957 | 0 | 0 |
| STANTEC INC | COM | 85472N109 | BBG001S6JJQ3 | 3819344 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 4977544 | 13585 | SH |  | SOLE |  | 13585 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 | BBG001S7XWH6 | 342764 | 5699 | SH |  | SOLE |  | 5699 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 | BBG001S5YSF0 | 3419684 | 83172 | SH |  | SOLE |  | 83172 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 741883 | 2575 | SH |  | SOLE |  | 2575 | 0 | 0 |
| TAT TECHNOLOGIES LTD | ORD NEW | M8740S227 | BBG001S72GK1 | 3032050 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 | BBG001S5WW27 | 3691856 | 68052 | SH |  | SOLE |  | 68052 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 | BBG001S60LH8 | 3772965 | 87020 | SH |  | SOLE |  | 87020 | 0 | 0 |
| TELESAT CORP | CL A  CL B SHS | 879512309 | BBG0120Q2VF9 | 1608780 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 | BBG001S60K53 | 848597 | 54478 | SH |  | SOLE |  | 54478 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | BBG001S5WMZ3 | 1445250 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 9087112 | 20842 | SH |  | SOLE |  | 20842 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 | BBG001SCQG15 | 3105228 | 34670 | SH |  | SOLE |  | 34670 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 2035795 | 3878 | SH |  | SOLE |  | 3878 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | BBG001S60L15 | 5778755 | 72601 | SH |  | SOLE |  | 72601 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 | BBG001V10VR2 | 548450 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| TUCOWS INC | COM NEW | 898697206 | BBG001S978L9 | 742825 | 41291 | SH |  | SOLE |  | 41291 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MW4 | 2028810 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 2947000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 551122 | 2350 | SH |  | SOLE |  | 2350 | 0 | 0 |
| UNITED PARKS  RESORTS INC | COM | 81282V100 | BBG003RY97L1 | 1637700 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 | BBG001SBGZ25 | 1467330 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 666408 | 1884 | SH |  | SOLE |  | 1884 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 | BBG001S5TFD6 | 373056 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 2886239 | 37435 | SH |  | SOLE |  | 37435 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 | BBG001T60G06 | 5498135 | 55180 | SH |  | SOLE |  | 55180 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1441182 | 4370 | SH |  | SOLE |  | 4370 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | BBG00L2B8LM7 | 2424600 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 | BBG01103B480 | 1459000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 7390876 | 21364 | SH |  | SOLE |  | 21364 | 0 | 0 |
| VIZSLA SILVER CORP | COM NEW | 92859G608 | BBG00L1MK0Z2 | 2841535 | 651500 | SH |  | SOLE |  | 651500 | 0 | 0 |
| VSE CORP | COM | 918284100 | BBG001S5X9Z1 | 3976800 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 5634587 | 55404 | SH |  | SOLE |  | 55404 | 0 | 0 |
| WATSCO INC | COM | 942622200 | BBG001S82CQ2 | 374165 | 910 | SH |  | SOLE |  | 910 | 0 | 0 |
| XPO INC | COM | 983793100 | BBG001SJW3C0 | 634200 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ZENTEK LTD | COM | 98942X102 | BBG001TFBYY8 | 11710 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 683083 | 4663 | SH |  | SOLE |  | 4663 | 0 | 0 |

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