# EDGAR Filing Document

**Accession Number:** 0002077904
**File Stem:** 0002077904-25-000013
**Filing Date:** 2025-7
**Character Count:** 28601
**Document Hash:** 974c8594f8e8247811f40c292ea51824
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002077904-25-000013.hdr.sgml**: 20250721

**ACCESSION NUMBER**: 0002077904-25-000013

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20170331

**FILED AS OF DATE**: 20250721

**DATE AS OF CHANGE**: 20250721

**EFFECTIVENESS DATE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Credential Securities Inc.
- **CENTRAL INDEX KEY:** 0002077904

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25660
- **FILM NUMBER:** 251136141

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 700 - 1111 WEST GEORGIA STREET
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **ZIP:** V6E 4T6
- **BUSINESS PHONE:** 1.888.545.5959

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 700 - 1111 WEST GEORGIA STREET
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **ZIP:** V6E 4T6

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2017

**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:** Credential Securities Inc.<br>**Address:** 700 - 1111 WEST GEORGIA STREET<br>VANCOUVER, A1 V6E 4T6

**Form 13F File Number:** 028-25660

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 Risk Officer<br>**Phone:** 6472899343

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

John H. Bai  Toronto, A6  07-15-2025<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:** 260

**Form 13F Information Table Value Total:** $285482320

      (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 |
| AT INC | COM | 00206R102 |  | 721848 | 17373 | SH |  | SOLE |  | 0 | 14371 | 3002 |
| ABBOTT LABS | COM | 002824100 |  | 740881 | 16679 | SH |  | SOLE |  | 0 | 13461 | 3218 |
| ABBVIE INC | COM | 00287Y109 |  | 513344 | 7877 | SH |  | SOLE |  | 0 | 6548 | 1329 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 181059 | 4304 | SH |  | SOLE |  | 0 | 3583 | 721 |
| AGRIUM INC | COM | 008916108 |  | 2098525 | 21994 | SH |  | SOLE |  | 0 | 18536 | 3458 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 529158 | 3911 | SH |  | SOLE |  | 0 | 3253 | 658 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 74672 | 7820 | SH |  | SOLE |  | 0 | 7031 | 789 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1070131 | 1290 | SH |  | SOLE |  | 0 | 1063 | 227 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1037707 | 1224 | SH |  | SOLE |  | 0 | 993 | 231 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 840542 | 11769 | SH |  | SOLE |  | 0 | 9904 | 1865 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 36414 | 6322 | SH |  | SOLE |  | 0 | 3674 | 2648 |
| AMGEN INC | COM | 031162100 |  | 355211 | 2165 | SH |  | SOLE |  | 0 | 1795 | 370 |
| ANALOG DEVICES INC | COM | 032654105 |  | 728699 | 8892 | SH |  | SOLE |  | 0 | 7385 | 1507 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 798978 | 7278 | SH |  | SOLE |  | 0 | 6067 | 1211 |
| APPLE INC | COM | 037833100 |  | 2842942 | 19788 | SH |  | SOLE |  | 0 | 16819 | 2969 |
| APPLIED MATLS INC | COM | 038222105 |  | 55340 | 1423 | SH |  | SOLE |  | 0 | 821 | 602 |
| ARCONIC INC | COM | 03965L100 |  | 119090 | 4523 | SH |  | SOLE |  | 0 | 4391 | 132 |
| ASHLAND GLOBAL HLDGS INC | COM | 044186104 |  | 342320 | 2766 | SH |  | SOLE |  | 0 | 2688 | 78 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 738566 | 23710 | SH |  | SOLE |  | 0 | 19723 | 3987 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 505810 | 4941 | SH |  | SOLE |  | 0 | 4105 | 836 |
| AUTOZONE INC | COM | 053332102 |  | 40467 | 56 | SH |  | SOLE |  | 0 | 33 | 23 |
| BB CORP | COM | 054937107 |  | 887831 | 19862 | SH |  | SOLE |  | 0 | 16023 | 3839 |
| BCE INC | COM NEW | 05534B760 |  | 1562400 | 35292 | SH |  | SOLE |  | 0 | 22385 | 12907 |
| BANK AMER CORP | COM | 060505104 |  | 1111018 | 47097 | SH |  | SOLE |  | 0 | 38550 | 8547 |
| BANK MONTREAL QUE | COM | 063671101 |  | 807635 | 10814 | SH |  | SOLE |  | 0 | 8477 | 2337 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 791501 | 16762 | SH |  | SOLE |  | 0 | 13574 | 3188 |
| BANK N S HALIFAX | COM | 064149107 |  | 17606350 | 301060 | SH |  | SOLE |  | 0 | 204591 | 96469 |
| BARRICK GOLD CORP | COM | 067901108 |  | 150550 | 7930 | SH |  | SOLE |  | 0 | 7755 | 175 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 939638 | 5124 | SH |  | SOLE |  | 0 | 4131 | 993 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2513343 | 15087 | SH |  | SOLE |  | 0 | 12577 | 2510 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 153351 | 1747 | SH |  | SOLE |  | 0 | 1693 | 54 |
| BIOGEN INC | COM | 09062X103 |  | 33083 | 121 | SH |  | SOLE |  | 0 | 69 | 52 |
| BLACKROCK INC | COM | 09247X101 |  | 253877 | 662 | SH |  | SOLE |  | 0 | 643 | 19 |
| BORGWARNER INC | COM | 099724106 |  | 547198 | 13094 | SH |  | SOLE |  | 0 | 10565 | 2529 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 265102 | 4875 | SH |  | SOLE |  | 0 | 4732 | 143 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 1094215 | 16504 | SH |  | SOLE |  | 0 | 13523 | 2981 |
| BROOKFIELD ASSET MGMT INC | CL A LTD VT SH | 112585104 |  | 4734008 | 129980 | SH |  | SOLE |  | 0 | 67340 | 62640 |
| CAE INC | COM | 124765108 |  | 656453 | 43009 | SH |  | SOLE |  | 0 | 34680 | 8329 |
| CDK GLOBAL INC | COM | 12508E101 |  | 1169 | 18 | SH |  | SOLE |  | 0 | 18 | 0 |
| CSX CORP | COM | 126408103 |  | 4887 | 105 | SH |  | SOLE |  | 0 | 105 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 2469451 | 31466 | SH |  | SOLE |  | 0 | 26703 | 4763 |
| CA INC | COM | 12673P105 |  | 1269085 | 40009 | SH |  | SOLE |  | 0 | 32329 | 7680 |
| CAMECO CORP | COM | 13321L108 |  | 312325 | 28258 | SH |  | SOLE |  | 0 | 23111 | 5147 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 292261 | 5105 | SH |  | SOLE |  | 0 | 4963 | 142 |
| CDN IMPERIAL BK COMM TORONTO | COM | 136069101 |  | 4318190 | 50137 | SH |  | SOLE |  | 0 | 42994 | 7143 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 11681916 | 158298 | SH |  | SOLE |  | 0 | 108061 | 50237 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 14302562 | 436895 | SH |  | SOLE |  | 0 | 269876 | 167019 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 433477 | 2952 | SH |  | SOLE |  | 0 | 2504 | 448 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 1301412 | 115085 | SH |  | SOLE |  | 0 | 93502 | 21583 |
| CERNER CORP | COM | 156782104 |  | 86332 | 1467 | SH |  | SOLE |  | 0 | 1421 | 46 |
| CHEVRON CORP NEW | COM | 166764100 |  | 923875 | 8607 | SH |  | SOLE |  | 0 | 6925 | 1682 |
| CISCO SYS INC | COM | 17275R102 |  | 1281823 | 37935 | SH |  | SOLE |  | 0 | 32196 | 5739 |
| COCA COLA CO | COM | 191216100 |  | 259756 | 6122 | SH |  | SOLE |  | 0 | 5446 | 676 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 987479 | 13492 | SH |  | SOLE |  | 0 | 10901 | 2591 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1038987 | 27640 | SH |  | SOLE |  | 0 | 22392 | 5248 |
| COMERICA INC | COM | 200340107 |  | 40462 | 590 | SH |  | SOLE |  | 0 | 352 | 238 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 26656 | 475 | SH |  | SOLE |  | 0 | 274 | 201 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2493 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 41925 | 250 | SH |  | SOLE |  | 0 | 250 | 0 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 245156 | 22706 | SH |  | SOLE |  | 0 | 20835 | 1871 |
| CROWN HOLDINGS INC | COM | 228368106 |  | 33875 | 640 | SH |  | SOLE |  | 0 | 366 | 274 |
| D R HORTON INC | COM | 23331A109 |  | 311754 | 9362 | SH |  | SOLE |  | 0 | 7773 | 1589 |
| DAVITA INC | COM | 23918K108 |  | 831735 | 12235 | SH |  | SOLE |  | 0 | 9903 | 2332 |
| DIAGEO P L C | SPON ADR NEW | 25243Q205 |  | 5247695 | 45411 | SH |  | SOLE |  | 0 | 26004 | 19407 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 649212 | 5727 | SH |  | SOLE |  | 0 | 4730 | 997 |
| DISCOVERY COMMUNICATNS NEW | COM SER A | 25470F104 |  | 3863461 | 132902 | SH |  | SOLE |  | 0 | 63403 | 69499 |
| DOLLAR TREE INC | COM | 256746108 |  | 941400 | 12000 | SH |  | SOLE |  | 0 | 9633 | 2367 |
| DOMINION DIAMOND CORP | COM | 257287102 |  | 22340 | 1775 | SH |  | SOLE |  | 0 | 1725 | 50 |
| DOMTAR CORP | COM NEW | 257559203 |  | 1197990 | 32920 | SH |  | SOLE |  | 0 | 28735 | 4185 |
| DOW CHEM CO | COM | 260543103 |  | 556102 | 8752 | SH |  | SOLE |  | 0 | 7278 | 1474 |
| DR PEPPER SNAPPLE GROUP INC | COM | 26138E109 |  | 317424 | 3242 | SH |  | SOLE |  | 0 | 2693 | 549 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 402751 | 4911 | SH |  | SOLE |  | 0 | 4109 | 802 |
| ENI S P A | SPONSORED ADR | 26874R108 |  | 621 | 19 | SH |  | SOLE |  | 0 | 19 | 0 |
| EOG RES INC | COM | 26875P101 |  | 722065 | 7402 | SH |  | SOLE |  | 0 | 5876 | 1526 |
| EBAY INC | COM | 278642103 |  | 19459 | 580 | SH |  | SOLE |  | 0 | 334 | 246 |
| ECOLAB INC | COM | 278865100 |  | 4475891 | 35710 | SH |  | SOLE |  | 0 | 16961 | 18749 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 217867 | 2434 | SH |  | SOLE |  | 0 | 2361 | 73 |
| EMERSON ELEC CO | COM | 291011104 |  | 3231 | 54 | SH |  | SOLE |  | 0 | 54 | 0 |
| ENCANA CORP | COM | 292505104 |  | 29776 | 2555 | SH |  | SOLE |  | 0 | 400 | 2155 |
| ENBRIDGE INC | COM | 29250N105 |  | 2052564 | 49055 | SH |  | SOLE |  | 0 | 41593 | 7462 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1573 | 57 | SH |  | SOLE |  | 0 | 57 | 0 |
| EXPRESS SCRIPTS HLDG CO | COM | 30219G108 |  | 229990 | 3490 | SH |  | SOLE |  | 0 | 3387 | 103 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 711350 | 8675 | SH |  | SOLE |  | 0 | 6975 | 1700 |
| FLIR SYS INC | COM | 302445101 |  | 100540 | 2772 | SH |  | SOLE |  | 0 | 2688 | 84 |
| FACEBOOK INC | CL A | 30303M102 |  | 409672 | 2884 | SH |  | SOLE |  | 0 | 2801 | 83 |
| FEDEX CORP | COM | 31428X106 |  | 329022 | 1686 | SH |  | SOLE |  | 0 | 1655 | 31 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 37814 | 475 | SH |  | SOLE |  | 0 | 280 | 195 |
| FISERV INC | COM | 337738108 |  | 699124 | 6063 | SH |  | SOLE |  | 0 | 4871 | 1192 |
| FIVE BELOW INC | COM | 33829M101 |  | 36207 | 836 | SH |  | SOLE |  | 0 | 462 | 374 |
| FORD MTR CO DEL | COM PAR $0.01 | 345370860 |  | 558 | 48 | SH |  | SOLE |  | 0 | 48 | 0 |
| FORTIS INC | COM | 349553107 |  | 2442001 | 73748 | SH |  | SOLE |  | 0 | 65140 | 8608 |
| FRANCO NEVADA CORP | COM | 351858105 |  | 3364937 | 51441 | SH |  | SOLE |  | 0 | 25768 | 25673 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 420579 | 9074 | SH |  | SOLE |  | 0 | 7520 | 1554 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 910978 | 30580 | SH |  | SOLE |  | 0 | 24788 | 5792 |
| GENERAL MLS INC | COM | 370334104 |  | 1947 | 33 | SH |  | SOLE |  | 0 | 33 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 3881 | 42 | SH |  | SOLE |  | 0 | 42 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2020738 | 74863 | SH |  | SOLE |  | 0 | 63289 | 11574 |
| GLAXOSMITHKLINE PLC | SPONSORED ADR | 37733W105 |  | 397568 | 9430 | SH |  | SOLE |  | 0 | 7823 | 1607 |
| GOLDCORP INC NEW | COM | 380956409 |  | 206146 | 14140 | SH |  | SOLE |  | 0 | 13874 | 266 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1837 | 8 | SH |  | SOLE |  | 0 | 8 | 0 |
| GREAT PLAINS ENERGY INC | COM | 391164100 |  | 432952 | 14817 | SH |  | SOLE |  | 0 | 12308 | 2509 |
| GROUPE CGI INC | CL A SUB VTG | 39945C109 |  | 3256128 | 68092 | SH |  | SOLE |  | 0 | 58391 | 9701 |
| HALYARD HEALTH INC | COM | 40650V100 |  | 76 | 2 | SH |  | SOLE |  | 0 | 2 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 327386 | 2230 | SH |  | SOLE |  | 0 | 1853 | 377 |
| HONEYWELL INTL INC | COM | 438516106 |  | 74024 | 593 | SH |  | SOLE |  | 0 | 354 | 239 |
| HOUGHTON MIFFLIN HARCOURT CO | COM | 44157R109 |  | 106322 | 10527 | SH |  | SOLE |  | 0 | 10194 | 333 |
| IAC INTERACTIVECORP | COM | 44919P508 |  | 736241 | 9987 | SH |  | SOLE |  | 0 | 8639 | 1348 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1074464 | 8111 | SH |  | SOLE |  | 0 | 6738 | 1373 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 2741 | 90 | SH |  | SOLE |  | 0 | 90 | 0 |
| INTEL CORP | COM | 458140100 |  | 250650 | 6949 | SH |  | SOLE |  | 0 | 5741 | 1208 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 57535 | 961 | SH |  | SOLE |  | 0 | 561 | 400 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 742138 | 4261 | SH |  | SOLE |  | 0 | 3430 | 831 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1139406 | 8598 | SH |  | SOLE |  | 0 | 7416 | 1182 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 75993 | 663 | SH |  | SOLE |  | 0 | 663 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 149852 | 1381 | SH |  | SOLE |  | 0 | 1381 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 74820 | 709 | SH |  | SOLE |  | 0 | 709 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2825988 | 32172 | SH |  | SOLE |  | 0 | 26371 | 5801 |
| JACK IN THE BOX INC | COM | 466367109 |  | 97549 | 959 | SH |  | SOLE |  | 0 | 937 | 22 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3264901 | 26222 | SH |  | SOLE |  | 0 | 22248 | 3974 |
| KLA-TENCOR CORP | COM | 482480100 |  | 2852 | 30 | SH |  | SOLE |  | 0 | 30 | 0 |
| KELLOGG CO | COM | 487836108 |  | 792175 | 10910 | SH |  | SOLE |  | 0 | 8784 | 2126 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 455010 | 3457 | SH |  | SOLE |  | 0 | 2877 | 580 |
| L BRANDS INC | COM | 501797104 |  | 176116 | 3740 | SH |  | SOLE |  | 0 | 3645 | 95 |
| LILLY ELI  CO | COM | 532457108 |  | 704589 | 8377 | SH |  | SOLE |  | 0 | 6815 | 1562 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1101647 | 4116 | SH |  | SOLE |  | 0 | 3417 | 699 |
| MACQUARIE INFRASTRUCTURE COR | COM | 55608B105 |  | 405448 | 5031 | SH |  | SOLE |  | 0 | 4196 | 835 |
| MAGNA INTL INC | COM | 559222401 |  | 1094946 | 25415 | SH |  | SOLE |  | 0 | 22001 | 3414 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 8721940 | 491950 | SH |  | SOLE |  | 0 | 296955 | 194995 |
| MASCO CORP | COM | 574599106 |  | 99960 | 2940 | SH |  | SOLE |  | 0 | 2878 | 62 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 791564 | 7038 | SH |  | SOLE |  | 0 | 6114 | 924 |
| MCDONALDS CORP | COM | 580135101 |  | 780640 | 6023 | SH |  | SOLE |  | 0 | 5018 | 1005 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 295428 | 22937 | SH |  | SOLE |  | 0 | 19049 | 3888 |
| MERCK  CO INC | COM | 58933Y105 |  | 252912 | 3981 | SH |  | SOLE |  | 0 | 3299 | 682 |
| METHANEX CORP | COM | 59151K108 |  | 435960 | 9313 | SH |  | SOLE |  | 0 | 7875 | 1438 |
| METLIFE INC | COM | 59156R108 |  | 1211778 | 22946 | SH |  | SOLE |  | 0 | 18536 | 4410 |
| MICROSOFT CORP | COM | 594918104 |  | 4220242 | 64079 | SH |  | SOLE |  | 0 | 53991 | 10088 |
| MITEL NETWORKS CORP | COM | 60671Q104 |  | 60370 | 8724 | SH |  | SOLE |  | 0 | 7566 | 1158 |
| MOLSON COORS BREWING CO | CL B | 60871R209 |  | 48132 | 503 | SH |  | SOLE |  | 0 | 293 | 210 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 365706 | 8489 | SH |  | SOLE |  | 0 | 6855 | 1634 |
| MONSANTO CO NEW | COM | 61166W101 |  | 38374 | 339 | SH |  | SOLE |  | 0 | 201 | 138 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 36811 | 427 | SH |  | SOLE |  | 0 | 249 | 178 |
| NATIONAL GRID PLC | SPON ADR NEW | 636274300 |  | 743053 | 11709 | SH |  | SOLE |  | 0 | 9707 | 2002 |
| NIKE INC | CL B | 654106103 |  | 49200 | 883 | SH |  | SOLE |  | 0 | 867 | 16 |
| NOBLE ENERGY INC | COM | 655044105 |  | 228603 | 6659 | SH |  | SOLE |  | 0 | 5354 | 1305 |
| NORDSTROM INC | COM | 655664100 |  | 61911 | 1330 | SH |  | SOLE |  | 0 | 1330 | 0 |
| NOVARTIS A G | SPONSORED ADR | 66987V109 |  | 233239 | 3140 | SH |  | SOLE |  | 0 | 2579 | 561 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 24228 | 707 | SH |  | SOLE |  | 0 | 421 | 286 |
| OLD REP INTL CORP | COM | 680223104 |  | 2375 | 116 | SH |  | SOLE |  | 0 | 116 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 3049152 | 89820 | SH |  | SOLE |  | 0 | 76614 | 13206 |
| ORACLE CORP | COM | 68389X105 |  | 2282425 | 51164 | SH |  | SOLE |  | 0 | 42778 | 8386 |
| PLDT INC | SPONSORED ADR | 69344D408 |  | 803 | 25 | SH |  | SOLE |  | 0 | 25 | 0 |
| PPG INDS INC | COM | 693506107 |  | 35310 | 336 | SH |  | SOLE |  | 0 | 197 | 139 |
| PPL CORP | COM | 69351T106 |  | 492015 | 13159 | SH |  | SOLE |  | 0 | 10920 | 2239 |
| PARKER HANNIFIN CORP | COM | 701094104 |  | 385890 | 2407 | SH |  | SOLE |  | 0 | 1953 | 454 |
| PAYCHEX INC | COM | 704326107 |  | 552623 | 9384 | SH |  | SOLE |  | 0 | 7781 | 1603 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 159044 | 3697 | SH |  | SOLE |  | 0 | 3582 | 115 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 1769650 | 55959 | SH |  | SOLE |  | 0 | 43839 | 12120 |
| PEPSICO INC | COM | 713448108 |  | 1469820 | 13141 | SH |  | SOLE |  | 0 | 10604 | 2537 |
| PFIZER INC | COM | 717081103 |  | 1183320 | 34600 | SH |  | SOLE |  | 0 | 28207 | 6393 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 464624 | 4115 | SH |  | SOLE |  | 0 | 3452 | 663 |
| POTASH CORP SASK INC | COM | 73755L107 |  | 1149091 | 67296 | SH |  | SOLE |  | 0 | 56458 | 10838 |
| PRAXAIR INC | COM | 74005P104 |  | 3483812 | 29372 | SH |  | SOLE |  | 0 | 13953 | 15419 |
| PRECISION DRILLING CORP | COM 2010 | 74022D308 |  | 4013 | 850 | SH |  | SOLE |  | 0 | 850 | 0 |
| PRICELINE GRP INC | COM NEW | 741503403 |  | 355993 | 200 | SH |  | SOLE |  | 0 | 194 | 6 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 929677 | 10347 | SH |  | SOLE |  | 0 | 8347 | 2000 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 4004559 | 94581 | SH |  | SOLE |  | 0 | 45343 | 49238 |
| PULTE GROUP INC | COM | 745867101 |  | 318042 | 13505 | SH |  | SOLE |  | 0 | 11214 | 2291 |
| QUINTILES IMS HOLDINGS INC | COM | 74876Y101 |  | 47811 | 594 | SH |  | SOLE |  | 0 | 342 | 252 |
| RAYTHEON CO | COM NEW | 755111507 |  | 1141920 | 7488 | SH |  | SOLE |  | 0 | 6186 | 1302 |
| RED HAT INC | COM | 756577102 |  | 32005 | 370 | SH |  | SOLE |  | 0 | 223 | 147 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 154169 | 398 | SH |  | SOLE |  | 0 | 386 | 12 |
| RELX NV | SPONSORED ADR | 75955B102 |  | 59304 | 3197 | SH |  | SOLE |  | 0 | 1869 | 1328 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 487091 | 7755 | SH |  | SOLE |  | 0 | 6483 | 1272 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1670007 | 30015 | SH |  | SOLE |  | 0 | 26914 | 3101 |
| REYNOLDS AMERICAN INC | COM | 761713106 |  | 673179 | 10682 | SH |  | SOLE |  | 0 | 9002 | 1680 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 677159 | 20723 | SH |  | SOLE |  | 0 | 18109 | 2614 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 58064 | 373 | SH |  | SOLE |  | 0 | 222 | 151 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 5441444 | 123227 | SH |  | SOLE |  | 0 | 82547 | 40680 |
| ROYAL BK CDA MONTREAL QUE | COM | 780087102 |  | 6890644 | 94597 | SH |  | SOLE |  | 0 | 76334 | 18263 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 744423 | 14123 | SH |  | SOLE |  | 0 | 11752 | 2371 |
| S GLOBAL INC | COM | 78409V104 |  | 52553 | 402 | SH |  | SOLE |  | 0 | 232 | 170 |
| SK TELECOM LTD | SPONSORED ADR | 78440P108 |  | 5235 | 208 | SH |  | SOLE |  | 0 | 208 | 0 |
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 |  | 22725 | 625 | SH |  | SOLE |  | 0 | 625 | 0 |
| SALESFORCE COM INC | COM | 79466L302 |  | 205812 | 2495 | SH |  | SOLE |  | 0 | 2421 | 74 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 217824 | 4817 | SH |  | SOLE |  | 0 | 3995 | 822 |
| SAP SE | SPON ADR | 803054204 |  | 4755465 | 48451 | SH |  | SOLE |  | 0 | 23013 | 25438 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 65422 | 838 | SH |  | SOLE |  | 0 | 486 | 352 |
| SCHWAB CHARLES CORP NEW | COM | 808513105 |  | 50836 | 1246 | SH |  | SOLE |  | 0 | 724 | 522 |
| SELECT SECTOR SPDR TR | SBI INT-FINL | 81369Y605 |  | 4534 | 191 | SH |  | SOLE |  | 0 | 191 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 242466 | 2772 | SH |  | SOLE |  | 0 | 2692 | 80 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 283559 | 13704 | SH |  | SOLE |  | 0 | 11675 | 2029 |
| SHIRE PLC | SPONSORED ADR | 82481R106 |  | 4022447 | 23087 | SH |  | SOLE |  | 0 | 10973 | 12114 |
| SIX FLAGS ENTMT CORP NEW | COM | 83001A102 |  | 657007 | 11044 | SH |  | SOLE |  | 0 | 9175 | 1869 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 269640 | 2752 | SH |  | SOLE |  | 0 | 2671 | 81 |
| SNAP ON INC | COM | 833034101 |  | 36253 | 215 | SH |  | SOLE |  | 0 | 126 | 89 |
| SPIRIT RLTY CAP INC NEW | COM | 84860W102 |  | 279605 | 27629 | SH |  | SOLE |  | 0 | 22946 | 4683 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 145216 | 6281 | SH |  | SOLE |  | 0 | 6107 | 174 |
| STANTEC INC | COM | 85472N109 |  | 734331 | 28309 | SH |  | SOLE |  | 0 | 24308 | 4001 |
| STARBUCKS CORP | COM | 855244109 |  | 529071 | 9061 | SH |  | SOLE |  | 0 | 7858 | 1203 |
| STATOIL ASA | SPONSORED ADR | 85771P102 |  | 721139 | 42000 | SH |  | SOLE |  | 0 | 34927 | 7073 |
| SUN LIFE FINL INC | COM | 866796105 |  | 982073 | 26920 | SH |  | SOLE |  | 0 | 23881 | 3039 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 3177391 | 103526 | SH |  | SOLE |  | 0 | 90493 | 13033 |
| SYNCHRONY FINL | COM | 87165B103 |  | 202301 | 5898 | SH |  | SOLE |  | 0 | 5722 | 176 |
| TJX COS INC NEW | COM | 872540109 |  | 432300 | 5468 | SH |  | SOLE |  | 0 | 4411 | 1057 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADR | 874039100 |  | 44925 | 1368 | SH |  | SOLE |  | 0 | 793 | 575 |
| TARGA RES CORP | COM | 87612G101 |  | 594647 | 9929 | SH |  | SOLE |  | 0 | 8248 | 1681 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 18381 | 841 | SH |  | SOLE |  | 0 | 800 | 41 |
| TELUS CORP | COM | 87971M103 |  | 1092343 | 33669 | SH |  | SOLE |  | 0 | 29590 | 4079 |
| TEXAS INSTRS INC | COM | 882508104 |  | 624178 | 7748 | SH |  | SOLE |  | 0 | 6477 | 1271 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 5211244 | 33934 | SH |  | SOLE |  | 0 | 19182 | 14752 |
| THOMSON REUTERS CORP | COM | 884903105 |  | 2470355 | 57220 | SH |  | SOLE |  | 0 | 47948 | 9272 |
| 3M CO | COM | 88579Y101 |  | 1740811 | 9098 | SH |  | SOLE |  | 0 | 7556 | 1542 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 17165296 | 342739 | SH |  | SOLE |  | 0 | 231330 | 111409 |
| TOTAL S A | SPONSORED ADR | 89151E109 |  | 668967 | 13260 | SH |  | SOLE |  | 0 | 11049 | 2211 |
| TRANSALTA CORP | COM | 89346D107 |  | 19563 | 3353 | SH |  | SOLE |  | 0 | 3243 | 110 |
| TRANSCANADA CORP | COM | 89353D107 |  | 5276960 | 114380 | SH |  | SOLE |  | 0 | 64155 | 50225 |
| TRINITY INDS INC | COM | 896522109 |  | 5308 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1286838 | 24992 | SH |  | SOLE |  | 0 | 20222 | 4770 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 424941 | 8616 | SH |  | SOLE |  | 0 | 6843 | 1773 |
| UNILEVER N V | N Y SHS NEW | 904784709 |  | 749124 | 15079 | SH |  | SOLE |  | 0 | 12477 | 2602 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 3869312 | 34492 | SH |  | SOLE |  | 0 | 16460 | 18032 |
| V F CORP | COM | 918204108 |  | 1978 | 36 | SH |  | SOLE |  | 0 | 36 | 0 |
| VANTIV INC | CL A | 92210H105 |  | 54878 | 856 | SH |  | SOLE |  | 0 | 503 | 353 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 58060 | 1728 | SH |  | SOLE |  | 0 | 1443 | 285 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1621230 | 33256 | SH |  | SOLE |  | 0 | 27297 | 5959 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 825720 | 10179 | SH |  | SOLE |  | 0 | 8209 | 1970 |
| VERMILION ENERGY INC | COM | 923725105 |  | 872874 | 23279 | SH |  | SOLE |  | 0 | 20202 | 3077 |
| VERSUM MATLS INC | COM | 92532W103 |  | 366 | 12 | SH |  | SOLE |  | 0 | 12 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7314912 | 82301 | SH |  | SOLE |  | 0 | 47210 | 35091 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 729362 | 27596 | SH |  | SOLE |  | 0 | 22930 | 4666 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 921550 | 11095 | SH |  | SOLE |  | 0 | 8939 | 2156 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 39988 | 455 | SH |  | SOLE |  | 0 | 408 | 47 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 465448 | 6383 | SH |  | SOLE |  | 0 | 5295 | 1088 |
| WELBILT INC | COM | 949090104 |  | 30709 | 1566 | SH |  | SOLE |  | 0 | 907 | 659 |
| WELLS FARGO  CO NEW | COM | 949746101 |  | 2288439 | 41122 | SH |  | SOLE |  | 0 | 33673 | 7449 |
| WESTPAC BKG CORP | SPONSORED ADR | 961214301 |  | 510308 | 19127 | SH |  | SOLE |  | 0 | 16091 | 3036 |
| WEYERHAEUSER CO | COM | 962166104 |  | 201306 | 5926 | SH |  | SOLE |  | 0 | 5753 | 173 |
| WILLIAMS COS INC DEL | COM | 969457100 |  | 2722 | 92 | SH |  | SOLE |  | 0 | 92 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 1375 | 12 | SH |  | SOLE |  | 0 | 12 | 0 |
| XILINX INC | COM | 983919101 |  | 301739 | 5215 | SH |  | SOLE |  | 0 | 4319 | 896 |
| YUM BRANDS INC | COM | 988498101 |  | 155340 | 2431 | SH |  | SOLE |  | 0 | 2364 | 67 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 67537 | 2483 | SH |  | SOLE |  | 0 | 2404 | 79 |
| ZOETIS INC | CL A | 98978V103 |  | 65792 | 1233 | SH |  | SOLE |  | 0 | 715 | 518 |
| AON PLC | SHS CL A | G0408V102 |  | 53168 | 448 | SH |  | SOLE |  | 0 | 263 | 185 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 441637 | 3684 | SH |  | SOLE |  | 0 | 2939 | 745 |
| BROOKFIELD BUSINESS PARTNERS | UNIT LTD LP | G16234109 |  | 98 | 4 | SH |  | SOLE |  | 0 | 4 | 0 |
| BROOKFIELD PPTY PARTNERS L P | UNIT LTD PARTN | G16249107 |  | 65387 | 2945 | SH |  | SOLE |  | 0 | 2645 | 300 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 264819 | 6851 | SH |  | SOLE |  | 0 | 5687 | 1164 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 79688 | 2690 | SH |  | SOLE |  | 0 | 2412 | 278 |
| COCA COLA EUROPEAN PARTNERS | SHS | G25839104 |  | 29172 | 774 | SH |  | SOLE |  | 0 | 450 | 324 |
| EATON CORP PLC | SHS | G29183103 |  | 47759 | 644 | SH |  | SOLE |  | 0 | 396 | 248 |
| HERBALIFE LTD | COM USD SHS | G4412G101 |  | 1162 | 20 | SH |  | SOLE |  | 0 | 20 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 49659 | 1179 | SH |  | SOLE |  | 0 | 697 | 482 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 485857 | 6031 | SH |  | SOLE |  | 0 | 4780 | 1251 |
| NIELSEN HLDGS PLC | SHS EUR | G6518L108 |  | 4321013 | 104625 | SH |  | SOLE |  | 0 | 56015 | 48610 |
| SEADRILL LIMITED | SHS | G7945E105 |  | 134 | 82 | SH |  | SOLE |  | 0 | 82 | 0 |
| SEAGATE TECHNOLOGY PLC | SHS | G7945M107 |  | 305112 | 6643 | SH |  | SOLE |  | 0 | 5534 | 1109 |
| CHUBB LIMITED | COM | H1467J104 |  | 409188 | 3003 | SH |  | SOLE |  | 0 | 2492 | 511 |
| GARMIN LTD | SHS | H2906T109 |  | 1584 | 31 | SH |  | SOLE |  | 0 | 31 | 0 |
| BROADCOM LTD | SHS | Y09827109 |  | 720783 | 3292 | SH |  | SOLE |  | 0 | 2732 | 560 |

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