# EDGAR Filing Document

**Accession Number:** 0002077908
**File Stem:** 0002077908-25-000014
**Filing Date:** 2025-7
**Character Count:** 40180
**Document Hash:** 91e581f790b703497320fdddcfe03c51
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002077908-25-000014.hdr.sgml**: 20250721

**ACCESSION NUMBER**: 0002077908-25-000014

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20211231

**FILED AS OF DATE**: 20250721

**DATE AS OF CHANGE**: 20250721

**EFFECTIVENESS DATE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Credential Qtrade Securities Inc.
- **CENTRAL INDEX KEY:** 0002077908

**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:** 028-25662
- **FILM NUMBER:** 251137649

**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:** 12-31-2021

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

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

**Form 13F File Number:** 028-25662

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:** 378

**Form 13F Information Table Value Total:** $1479617751

      (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 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 772942 | 20250 | SH |  | SOLE |  | 0 | 13621 | 6629 |
| ABCAM PLC | ADS | 000380204 |  | 4945 | 210 | SH |  | SOLE |  | 0 | 210 | 0 |
| AES CORP | COM | 00130H105 |  | 729 | 30 | SH |  | SOLE |  | 0 | 30 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1975989 | 14040 | SH |  | SOLE |  | 0 | 9071 | 4969 |
| ABBVIE INC | COM | 00287Y109 |  | 82323 | 608 | SH |  | SOLE |  | 0 | 383 | 225 |
| ABCELLERA BIOLOGICS INC | COM | 00288U106 |  | 1558 | 109 | SH |  | SOLE |  | 0 | 109 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 395254 | 5941 | SH |  | SOLE |  | 0 | 4251 | 1690 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 157642 | 278 | SH |  | SOLE |  | 0 | 199 | 79 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 515628 | 9704 | SH |  | SOLE |  | 0 | 7208 | 2496 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 2172416 | 7140 | SH |  | SOLE |  | 0 | 5571 | 1569 |
| ALARM COM HLDGS INC | COM | 011642105 |  | 926549 | 10925 | SH |  | SOLE |  | 0 | 6998 | 3927 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 79480 | 5501 | SH |  | SOLE |  | 0 | 5501 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 292817 | 2465 | SH |  | SOLE |  | 0 | 1720 | 745 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 619063 | 942 | SH |  | SOLE |  | 0 | 669 | 273 |
| ALLSTATE CORP | COM | 020002101 |  | 823 | 7 | SH |  | SOLE |  | 0 | 7 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 27480424 | 9497 | SH |  | SOLE |  | 0 | 6199 | 3298 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 11408543 | 3938 | SH |  | SOLE |  | 0 | 2809 | 1129 |
| AMAZON COM INC | COM | 023135106 |  | 4541371 | 1362 | SH |  | SOLE |  | 0 | 931 | 431 |
| AMEDISYS INC | COM | 023436108 |  | 174506 | 1078 | SH |  | SOLE |  | 0 | 773 | 305 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 361228 | 2208 | SH |  | SOLE |  | 0 | 1603 | 605 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 1585496 | 11546 | SH |  | SOLE |  | 0 | 7435 | 4111 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 193890 | 4446 | SH |  | SOLE |  | 0 | 3105 | 1341 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1500232 | 5129 | SH |  | SOLE |  | 0 | 4662 | 467 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 196792 | 1042 | SH |  | SOLE |  | 0 | 731 | 311 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1206 | 4 | SH |  | SOLE |  | 0 | 4 | 0 |
| AMETEK INC | COM | 031100100 |  | 752697 | 5119 | SH |  | SOLE |  | 0 | 3281 | 1838 |
| AMGEN INC | COM | 031162100 |  | 435316 | 1935 | SH |  | SOLE |  | 0 | 1456 | 479 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 482254 | 5514 | SH |  | SOLE |  | 0 | 3507 | 2007 |
| ANALOG DEVICES INC | COM | 032654105 |  | 20037 | 114 | SH |  | SOLE |  | 0 | 114 | 0 |
| ANAPLAN INC | COM | 03272L108 |  | 426588 | 9304 | SH |  | SOLE |  | 0 | 6599 | 2705 |
| APPLE INC | COM | 037833100 |  | 11669190 | 65716 | SH |  | SOLE |  | 0 | 49276 | 16440 |
| APPLIED MATLS INC | COM | 038222105 |  | 25177 | 160 | SH |  | SOLE |  | 0 | 160 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 5511 | 45 | SH |  | SOLE |  | 0 | 45 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 2356212 | 40450 | SH |  | SOLE |  | 0 | 35145 | 5305 |
| AURORA CANNABIS INC | COM | 05156X884 |  | 335 | 62 | SH |  | SOLE |  | 0 | 62 | 0 |
| AUTOHOME INC | SP ADS RP CL A | 05278C107 |  | 44691 | 1516 | SH |  | SOLE |  | 0 | 1091 | 425 |
| AVERY DENNISON CORP | COM | 053611109 |  | 228697 | 1056 | SH |  | SOLE |  | 0 | 696 | 360 |
| BCE INC | COM NEW | 05534B760 |  | 6306310 | 121172 | SH |  | SOLE |  | 0 | 77082 | 44090 |
| BP PLC | SPONSORED ADR | 055622104 |  | 349864 | 13138 | SH |  | SOLE |  | 0 | 9403 | 3735 |
| BRP INC | COM SUN VTG | 05577W200 |  | 308172 | 3517 | SH |  | SOLE |  | 0 | 2174 | 1343 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 1785 | 12 | SH |  | SOLE |  | 0 | 12 | 0 |
| BANCO BRADESCO S A | SP ADR PFD NEW | 059460303 |  | 161365 | 47183 | SH |  | SOLE |  | 0 | 31393 | 15790 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 219071 | 66587 | SH |  | SOLE |  | 0 | 47207 | 19380 |
| BK OF AMERICA CORP | COM | 060505104 |  | 30564 | 687 | SH |  | SOLE |  | 0 | 687 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 3191983 | 29637 | SH |  | SOLE |  | 0 | 24569 | 5068 |
| BANK NOVA SCOTIA B C | COM | 064149107 |  | 88811433 | 1254071 | SH |  | SOLE |  | 0 | 828547 | 425524 |
| BANK OZK | COM | 06417N103 |  | 1170369 | 25153 | SH |  | SOLE |  | 0 | 16163 | 8990 |
| BARCLAYS PLC | ADR | 06738E204 |  | 295937 | 28593 | SH |  | SOLE |  | 0 | 20464 | 8129 |
| BARRICK GOLD CORP | COM | 067901108 |  | 802522 | 42195 | SH |  | SOLE |  | 0 | 41998 | 197 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 539587 | 19528 | SH |  | SOLE |  | 0 | 14051 | 5477 |
| BAXTER INTL INC | COM | 071813109 |  | 881319 | 10267 | SH |  | SOLE |  | 0 | 6590 | 3677 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 3340408 | 13283 | SH |  | SOLE |  | 0 | 9249 | 4034 |
| BERKLEY W R CORP | COM | 084423102 |  | 360373 | 4374 | SH |  | SOLE |  | 0 | 3108 | 1266 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4944563 | 16537 | SH |  | SOLE |  | 0 | 12244 | 4293 |
| BERRY GLOBAL GROUP INC | COM | 08579W103 |  | 1507768 | 20436 | SH |  | SOLE |  | 0 | 13124 | 7312 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 1051357 | 17421 | SH |  | SOLE |  | 0 | 13712 | 3709 |
| BEYOND MEAT INC | COM | 08862E109 |  | 2736 | 42 | SH |  | SOLE |  | 0 | 42 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 556428 | 6298 | SH |  | SOLE |  | 0 | 4524 | 1774 |
| BIOGEN INC | COM | 09062X103 |  | 719 | 3 | SH |  | SOLE |  | 0 | 3 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 339672 | 371 | SH |  | SOLE |  | 0 | 266 | 105 |
| BLACKSTONE INC | COM | 09260D107 |  | 1031238 | 7970 | SH |  | SOLE |  | 0 | 7970 | 0 |
| BOEING CO | COM | 097023105 |  | 33620 | 167 | SH |  | SOLE |  | 0 | 167 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1013664 | 11955 | SH |  | SOLE |  | 0 | 9236 | 2719 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1718188 | 40447 | SH |  | SOLE |  | 0 | 25765 | 14682 |
| BROADCOM INC | COM | 11135F101 |  | 7093270 | 10660 | SH |  | SOLE |  | 0 | 7463 | 3197 |
| BROOKFIELD ASSET MGMT INC | CL A LTD VT SH | 112585104 |  | 62640162 | 1036896 | SH |  | SOLE |  | 0 | 677775 | 359121 |
| BROOKFIELD INFRASTRUCTURE CO | COM SB VTG SHS A | 11275Q107 |  | 45264 | 663 | SH |  | SOLE |  | 0 | 616 | 47 |
| BROOKFIELD RENEWABLE CORP | CL A SUB VTG | 11284V105 |  | 332052 | 9020 | SH |  | SOLE |  | 0 | 8629 | 391 |
| CAE INC | COM | 124765108 |  | 6640207 | 263132 | SH |  | SOLE |  | 0 | 184762 | 78370 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 356383 | 2733 | SH |  | SOLE |  | 0 | 1943 | 790 |
| CBRE GROUP INC | CL A | 12504L109 |  | 1193 | 11 | SH |  | SOLE |  | 0 | 11 | 0 |
| CDW CORP | COM | 12514G108 |  | 1854692 | 9057 | SH |  | SOLE |  | 0 | 6953 | 2104 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1115492 | 15760 | SH |  | SOLE |  | 0 | 15760 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 33887498 | 383109 | SH |  | SOLE |  | 0 | 254950 | 128159 |
| CI FINL CORP | COM | 125491100 |  | 42111 | 2014 | SH |  | SOLE |  | 0 | 1877 | 137 |
| CME GROUP INC | COM | 12572Q105 |  | 7801680 | 34149 | SH |  | SOLE |  | 0 | 23935 | 10214 |
| CNX RES CORP | COM | 12653C108 |  | 1375 | 100 | SH |  | SOLE |  | 0 | 100 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 2634396 | 25537 | SH |  | SOLE |  | 0 | 21826 | 3711 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 439040 | 2356 | SH |  | SOLE |  | 0 | 1643 | 713 |
| CAMECO CORP | COM | 13321L108 |  | 2551 | 117 | SH |  | SOLE |  | 0 | 117 | 0 |
| CANADIAN IMP BK COMM | COM | 136069101 |  | 1040837 | 8926 | SH |  | SOLE |  | 0 | 6726 | 2200 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 52956747 | 430968 | SH |  | SOLE |  | 0 | 288561 | 142407 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 38333012 | 906868 | SH |  | SOLE |  | 0 | 601134 | 305734 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 29244835 | 406464 | SH |  | SOLE |  | 0 | 278023 | 128441 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 3129 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| CANOPY GROWTH CORP | COM | 138035100 |  | 17024 | 1950 | SH |  | SOLE |  | 0 | 1950 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 6156 | 306 | SH |  | SOLE |  | 0 | 200 | 106 |
| CELESTICA INC | SUB VTG SHS | 15101Q108 |  | 57292 | 5138 | SH |  | SOLE |  | 0 | 4807 | 331 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 48768 | 3976 | SH |  | SOLE |  | 0 | 2583 | 1393 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 336416 | 516 | SH |  | SOLE |  | 0 | 367 | 149 |
| CHEVRON CORP NEW | COM | 166764100 |  | 34970 | 298 | SH |  | SOLE |  | 0 | 202 | 96 |
| CISCO SYS INC | COM | 17275R102 |  | 1209416 | 19085 | SH |  | SOLE |  | 0 | 18735 | 350 |
| CITIGROUP INC | COM NEW | 172967424 |  | 33818 | 560 | SH |  | SOLE |  | 0 | 560 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1375981 | 23239 | SH |  | SOLE |  | 0 | 15555 | 7684 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 1372232 | 15467 | SH |  | SOLE |  | 0 | 9964 | 5503 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 6309 | 25 | SH |  | SOLE |  | 0 | 25 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 1972440 | 13240 | SH |  | SOLE |  | 0 | 11569 | 1671 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 47511 | 944 | SH |  | SOLE |  | 0 | 944 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 17253 | 251 | SH |  | SOLE |  | 0 | 251 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 193370 | 2679 | SH |  | SOLE |  | 0 | 2006 | 673 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 477344 | 1902 | SH |  | SOLE |  | 0 | 1359 | 543 |
| COPART INC | COM | 217204106 |  | 1639012 | 10810 | SH |  | SOLE |  | 0 | 7059 | 3751 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2575087 | 4536 | SH |  | SOLE |  | 0 | 3506 | 1030 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 713124 | 1037 | SH |  | SOLE |  | 0 | 673 | 364 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 82329 | 15423 | SH |  | SOLE |  | 0 | 15423 | 0 |
| DBX ETF TR | XTRACK MSCI JAPN | 233051507 |  | 184024 | 3660 | SH |  | SOLE |  | 0 | 3660 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 11752895 | 35722 | SH |  | SOLE |  | 0 | 25171 | 10551 |
| DEERE  CO | COM | 244199105 |  | 246880 | 720 | SH |  | SOLE |  | 0 | 463 | 257 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 216355 | 2615 | SH |  | SOLE |  | 0 | 2517 | 98 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 24275498 | 110273 | SH |  | SOLE |  | 0 | 70613 | 39660 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 1056444 | 5973 | SH |  | SOLE |  | 0 | 4642 | 1331 |
| DISNEY WALT CO | COM | 254687106 |  | 184009 | 1188 | SH |  | SOLE |  | 0 | 860 | 328 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 28890 | 250 | SH |  | SOLE |  | 0 | 250 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 1018078 | 4317 | SH |  | SOLE |  | 0 | 2947 | 1370 |
| DOLLAR TREE INC | COM | 256746108 |  | 355515 | 2530 | SH |  | SOLE |  | 0 | 1808 | 722 |
| DOW INC | COM | 260557103 |  | 885399 | 15610 | SH |  | SOLE |  | 0 | 15610 | 0 |
| EOG RES INC | COM | 26875P101 |  | 1091543 | 12288 | SH |  | SOLE |  | 0 | 9608 | 2680 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 422275 | 5367 | SH |  | SOLE |  | 0 | 3824 | 1543 |
| EBAY INC. | COM | 278642103 |  | 931 | 14 | SH |  | SOLE |  | 0 | 14 | 0 |
| ECOLAB INC | COM | 278865100 |  | 7254930 | 30926 | SH |  | SOLE |  | 0 | 21689 | 9237 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 24719320 | 871012 | SH |  | SOLE |  | 0 | 558677 | 312335 |
| ELDORADO GOLD CORP NEW | COM | 284902509 |  | 1875 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 336081 | 2548 | SH |  | SOLE |  | 0 | 1846 | 702 |
| EMERSON ELEC CO | COM | 291011104 |  | 919473 | 9890 | SH |  | SOLE |  | 0 | 9890 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 38872990 | 994837 | SH |  | SOLE |  | 0 | 660435 | 334402 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 875545 | 39870 | SH |  | SOLE |  | 0 | 39870 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 269822 | 319 | SH |  | SOLE |  | 0 | 229 | 90 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 |  | 156874 | 5958 | SH |  | SOLE |  | 0 | 4433 | 1525 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 852 | 26 | SH |  | SOLE |  | 0 | 26 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 376259 | 2082 | SH |  | SOLE |  | 0 | 1481 | 601 |
| EXPONENT INC | COM | 30214U102 |  | 732130 | 6272 | SH |  | SOLE |  | 0 | 4852 | 1420 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3502412 | 10413 | SH |  | SOLE |  | 0 | 7077 | 3336 |
| FEDEX CORP | COM | 31428X106 |  | 1242506 | 4804 | SH |  | SOLE |  | 0 | 4500 | 304 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 9496 | 87 | SH |  | SOLE |  | 0 | 87 | 0 |
| FISERV INC | COM | 337738108 |  | 1644344 | 15843 | SH |  | SOLE |  | 0 | 10210 | 5633 |
| FISKER INC | CL A COM STK | 33813J106 |  | 786 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| FLEXSHARES TR | STOXX GLOBR INF | 33939L795 |  | 148808 | 2602 | SH |  | SOLE |  | 0 | 2602 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 14497 | 698 | SH |  | SOLE |  | 0 | 698 | 0 |
| FORTIS INC | COM | 349553107 |  | 2977173 | 61685 | SH |  | SOLE |  | 0 | 49550 | 12135 |
| FORTINET INC | COM | 34959E109 |  | 1437 | 4 | SH |  | SOLE |  | 0 | 4 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 30249609 | 218650 | SH |  | SOLE |  | 0 | 145090 | 73560 |
| GFL ENVIRONMENTAL INC | UNIT 99/99/9999T | 36168Q120 |  | 3391 | 39 | SH |  | SOLE |  | 0 | 39 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 7328 | 125 | SH |  | SOLE |  | 0 | 125 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2743336 | 64683 | SH |  | SOLE |  | 0 | 44377 | 20306 |
| GLAXOSMITHKLINE PLC | SPONSORED ADR | 37733W105 |  | 1276562 | 28947 | SH |  | SOLE |  | 0 | 27535 | 1412 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 15371588 | 113712 | SH |  | SOLE |  | 0 | 73052 | 40660 |
| GRANITE REAL ESTATE INVT TR | UNIT 99/99/9999 | 387437114 |  | 1166526 | 13995 | SH |  | SOLE |  | 0 | 13827 | 168 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 524082 | 26876 | SH |  | SOLE |  | 0 | 19091 | 7785 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 1030398 | 9076 | SH |  | SOLE |  | 0 | 5858 | 3218 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 1284 | 5 | SH |  | SOLE |  | 0 | 5 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 273749 | 4207 | SH |  | SOLE |  | 0 | 2651 | 1556 |
| HP INC | COM | 40434L105 |  | 979 | 26 | SH |  | SOLE |  | 0 | 26 | 0 |
| HESKA CORP | COM RESTRC NEW | 42805E306 |  | 165335 | 906 | SH |  | SOLE |  | 0 | 633 | 273 |
| HIVE BLOCKCHAIN TECHNLGIES L | COM | 43366H100 |  | 2617 | 1000 | SH |  | SOLE |  | 0 | 1000 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 3400176 | 8193 | SH |  | SOLE |  | 0 | 7149 | 1044 |
| HONEYWELL INTL INC | COM | 438516106 |  | 331947 | 1592 | SH |  | SOLE |  | 0 | 1053 | 539 |
| HUMANA INC | COM | 444859102 |  | 633168 | 1365 | SH |  | SOLE |  | 0 | 983 | 382 |
| HUT 8 MNG CORP | COM | 44812T102 |  | 863 | 110 | SH |  | SOLE |  | 0 | 110 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 |  | 413041 | 4307 | SH |  | SOLE |  | 0 | 3073 | 1234 |
| IAA INC | COM | 449253103 |  | 9972 | 197 | SH |  | SOLE |  | 0 | 197 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 162832 | 8228 | SH |  | SOLE |  | 0 | 5951 | 2277 |
| IDEXX LABS INC | COM | 45168D104 |  | 383882 | 583 | SH |  | SOLE |  | 0 | 412 | 171 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 999540 | 4050 | SH |  | SOLE |  | 0 | 3144 | 906 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 3246 | 90 | SH |  | SOLE |  | 0 | 90 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 1447318 | 103974 | SH |  | SOLE |  | 0 | 80969 | 23005 |
| INSPERITY INC | COM | 45778Q107 |  | 361770 | 3063 | SH |  | SOLE |  | 0 | 2143 | 920 |
| INTEL CORP | COM | 458140100 |  | 9373 | 182 | SH |  | SOLE |  | 0 | 182 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 1575136 | 19833 | SH |  | SOLE |  | 0 | 12845 | 6988 |
| INTERCONTINENTAL HOTELS GROU | SPONSORED ADS | 45857P806 |  | 2869 | 44 | SH |  | SOLE |  | 0 | 44 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 3099071 | 22659 | SH |  | SOLE |  | 0 | 16197 | 6462 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1391935 | 10414 | SH |  | SOLE |  | 0 | 10275 | 139 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 24731909 | 164168 | SH |  | SOLE |  | 0 | 105679 | 58489 |
| INTUIT | COM | 461202103 |  | 1099906 | 1710 | SH |  | SOLE |  | 0 | 1133 | 577 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 185039 | 515 | SH |  | SOLE |  | 0 | 370 | 145 |
| INVESCO EXCH TRADED FD TR II | CHINA TECHNLGY | 46138E800 |  | 2176 | 35 | SH |  | SOLE |  | 0 | 35 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 200040 | 4412 | SH |  | SOLE |  | 0 | 3115 | 1297 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 2283359 | 8093 | SH |  | SOLE |  | 0 | 5182 | 2911 |
| ISHARES TR | MORNINGSTR US EQ | 464287127 |  | 31977 | 480 | SH |  | SOLE |  | 0 | 480 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 10954920 | 102392 | SH |  | SOLE |  | 0 | 88614 | 13778 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 4206 | 115 | SH |  | SOLE |  | 0 | 115 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3815 | 8 | SH |  | SOLE |  | 0 | 8 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 575191 | 5042 | SH |  | SOLE |  | 0 | 3574 | 1468 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1095597 | 3870 | SH |  | SOLE |  | 0 | 3870 | 0 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 1053992 | 9315 | SH |  | SOLE |  | 0 | 9315 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 127126 | 1184 | SH |  | SOLE |  | 0 | 974 | 210 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 3828 | 44 | SH |  | SOLE |  | 0 | 0 | 44 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 220141 | 3685 | SH |  | SOLE |  | 0 | 3685 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 8833 | 80 | SH |  | SOLE |  | 0 | 80 | 0 |
| ISHARES TR | MSCI USA ESG SLC | 464288802 |  | 11684 | 110 | SH |  | SOLE |  | 0 | 110 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 43017 | 426 | SH |  | SOLE |  | 0 | 426 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 8243440 | 116203 | SH |  | SOLE |  | 0 | 99208 | 16995 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 312918 | 5231 | SH |  | SOLE |  | 0 | 2855 | 2376 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 161008 | 5260 | SH |  | SOLE |  | 0 | 5260 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 40007 | 972 | SH |  | SOLE |  | 0 | 0 | 972 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 986678 | 6231 | SH |  | SOLE |  | 0 | 3964 | 2267 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 418 | 10 | SH |  | SOLE |  | 0 | 10 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6563100 | 38365 | SH |  | SOLE |  | 0 | 26468 | 11897 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 |  | 83641 | 1812 | SH |  | SOLE |  | 0 | 1291 | 521 |
| KKR  CO INC | COM | 48251W104 |  | 1048960 | 14080 | SH |  | SOLE |  | 0 | 14080 | 0 |
| KELLOGG CO | COM | 487836108 |  | 356307 | 5531 | SH |  | SOLE |  | 0 | 4164 | 1367 |
| KIRKLAND LAKE GOLD LTD | COM | 49741E100 |  | 10522 | 251 | SH |  | SOLE |  | 0 | 230 | 21 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 5103946 | 138506 | SH |  | SOLE |  | 0 | 97300 | 41206 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 144 | 8 | SH |  | SOLE |  | 0 | 8 | 0 |
| LHC GROUP INC | COM | 50187A107 |  | 163440 | 1191 | SH |  | SOLE |  | 0 | 855 | 336 |
| LCI INDS | COM | 50189K103 |  | 1178377 | 7560 | SH |  | SOLE |  | 0 | 4920 | 2640 |
| LAM RESEARCH CORP | COM | 512807108 |  | 2294088 | 3190 | SH |  | SOLE |  | 0 | 2458 | 732 |
| LILLY ELI  CO | COM | 532457108 |  | 1117586 | 4046 | SH |  | SOLE |  | 0 | 4046 | 0 |
| LOWES COS INC | COM | 548661107 |  | 707976 | 2739 | SH |  | SOLE |  | 0 | 1773 | 966 |
| LUCID GROUP INC | COM | 549498103 |  | 1902 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 815500 | 27560 | SH |  | SOLE |  | 0 | 27560 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 4613965 | 57004 | SH |  | SOLE |  | 0 | 43717 | 13287 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 28895067 | 1515463 | SH |  | SOLE |  | 0 | 990466 | 524997 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 21032 | 121 | SH |  | SOLE |  | 0 | 121 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 182815 | 415 | SH |  | SOLE |  | 0 | 297 | 118 |
| MASCO CORP | COM | 574599106 |  | 983 | 14 | SH |  | SOLE |  | 0 | 14 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 4648882 | 12938 | SH |  | SOLE |  | 0 | 9126 | 3812 |
| MCDONALDS CORP | COM | 580135101 |  | 2018030 | 7528 | SH |  | SOLE |  | 0 | 5711 | 1817 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1356172 | 57392 | SH |  | SOLE |  | 0 | 45945 | 11447 |
| MERCK  CO INC | COM | 58933Y105 |  | 899830 | 11741 | SH |  | SOLE |  | 0 | 11650 | 91 |
| METHANEX CORP | COM | 59151K108 |  | 907763 | 22939 | SH |  | SOLE |  | 0 | 17521 | 5418 |
| MICROSOFT CORP | COM | 594918104 |  | 30448058 | 90533 | SH |  | SOLE |  | 0 | 63137 | 27396 |
| MIDDLEBY CORP | COM | 596278101 |  | 28322224 | 143943 | SH |  | SOLE |  | 0 | 91972 | 51971 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 954 | 3 | SH |  | SOLE |  | 0 | 3 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2359177 | 35578 | SH |  | SOLE |  | 0 | 23889 | 11689 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 761981 | 7934 | SH |  | SOLE |  | 0 | 5127 | 2807 |
| MOODYS CORP | COM | 615369105 |  | 613601 | 1571 | SH |  | SOLE |  | 0 | 1120 | 451 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 248737 | 2534 | SH |  | SOLE |  | 0 | 2034 | 500 |
| MOSAIC CO NEW | COM | 61945C103 |  | 967712 | 24630 | SH |  | SOLE |  | 0 | 24630 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 718646 | 2645 | SH |  | SOLE |  | 0 | 1690 | 955 |
| NEW FOUND GOLD CORP | COM | 64440N103 |  | 14203 | 2000 | SH |  | SOLE |  | 0 | 2000 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 149 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 726528 | 15042 | SH |  | SOLE |  | 0 | 9995 | 5047 |
| NEWMONT CORP | COM | 651639106 |  | 55891 | 901 | SH |  | SOLE |  | 0 | 857 | 44 |
| NEXTERA ENERGY INC | UNIT 09/01/2022S | 65339F796 |  | 3676 | 54 | SH |  | SOLE |  | 0 | 54 | 0 |
| NIKE INC | CL B | 654106103 |  | 9497523 | 56984 | SH |  | SOLE |  | 0 | 39914 | 17070 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 462045 | 1552 | SH |  | SOLE |  | 0 | 1113 | 439 |
| NORTH AMERN CONSTR GROUP LTD | COM | 656811106 |  | 675785 | 44530 | SH |  | SOLE |  | 0 | 44530 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 1171310 | 13391 | SH |  | SOLE |  | 0 | 12541 | 850 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1271088 | 11349 | SH |  | SOLE |  | 0 | 8675 | 2674 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 886153 | 3013 | SH |  | SOLE |  | 0 | 2120 | 893 |
| NUTRIEN LTD | COM | 67077M108 |  | 11196957 | 148912 | SH |  | SOLE |  | 0 | 106406 | 42506 |
| OASIS MIDSTREAM PARTNERS LP | COM UNITS REPS | 67420T206 |  | 886104 | 37060 | SH |  | SOLE |  | 0 | 37060 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 291541 | 3979 | SH |  | SOLE |  | 0 | 2988 | 991 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 9764 | 330 | SH |  | SOLE |  | 0 | 330 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 5960934 | 125543 | SH |  | SOLE |  | 0 | 98256 | 27287 |
| ORACLE CORP | COM | 68389X105 |  | 4234568 | 48556 | SH |  | SOLE |  | 0 | 34754 | 13802 |
| OVINTIV INC | COM | 69047Q102 |  | 69906 | 2077 | SH |  | SOLE |  | 0 | 2077 | 0 |
| PTC INC | COM | 69370C100 |  | 342612 | 2828 | SH |  | SOLE |  | 0 | 1752 | 1076 |
| PACCAR INC | COM | 693718108 |  | 794 | 9 | SH |  | SOLE |  | 0 | 9 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 387504 | 696 | SH |  | SOLE |  | 0 | 492 | 204 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 724544 | 29030 | SH |  | SOLE |  | 0 | 29030 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 717 | 38 | SH |  | SOLE |  | 0 | 38 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 954 | 3 | SH |  | SOLE |  | 0 | 3 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 730936 | 3876 | SH |  | SOLE |  | 0 | 2750 | 1126 |
| PEARSON PLC | SPONSORED ADR | 705015105 |  | 120750 | 14375 | SH |  | SOLE |  | 0 | 10384 | 3991 |
| PEBBLEBROOK HOTEL TR | COM | 70509V100 |  | 782 | 35 | SH |  | SOLE |  | 0 | 35 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 2666388 | 87872 | SH |  | SOLE |  | 0 | 55794 | 32078 |
| PEPSICO INC | COM | 713448108 |  | 19537163 | 112470 | SH |  | SOLE |  | 0 | 72551 | 39919 |
| PFIZER INC | COM | 717081103 |  | 992807 | 16813 | SH |  | SOLE |  | 0 | 16705 | 108 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 1484 | 42 | SH |  | SOLE |  | 0 | 42 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 650230 | 3975 | SH |  | SOLE |  | 0 | 2708 | 1267 |
| PROGRESSIVE CORP | COM | 743315103 |  | 775726 | 7557 | SH |  | SOLE |  | 0 | 4883 | 2674 |
| PROSHARES TR | PRIV EQTY-LSTD | 74348A533 |  | 838983 | 23370 | SH |  | SOLE |  | 0 | 23370 | 0 |
| PROSHARES TR | INFLATN EXPECTNS | 74348A814 |  | 928710 | 30350 | SH |  | SOLE |  | 0 | 30350 | 0 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 25563861 | 742488 | SH |  | SOLE |  | 0 | 476769 | 265719 |
| RADIUS GLOBAL INFRASTRCTRE I | COM CL A | 750481103 |  | 342543 | 21276 | SH |  | SOLE |  | 0 | 14982 | 6294 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 53873 | 626 | SH |  | SOLE |  | 0 | 626 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 1074401 | 32947 | SH |  | SOLE |  | 0 | 22298 | 10649 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1667264 | 11956 | SH |  | SOLE |  | 0 | 9273 | 2683 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 30635296 | 505063 | SH |  | SOLE |  | 0 | 324144 | 180919 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1799414 | 26881 | SH |  | SOLE |  | 0 | 23445 | 3436 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 8083575 | 132046 | SH |  | SOLE |  | 0 | 92808 | 39238 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1503892 | 4311 | SH |  | SOLE |  | 0 | 3169 | 1142 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 26929264 | 565367 | SH |  | SOLE |  | 0 | 369148 | 196219 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1739216 | 3536 | SH |  | SOLE |  | 0 | 2606 | 930 |
| ROSS STORES INC | COM | 778296103 |  | 11542 | 101 | SH |  | SOLE |  | 0 | 101 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 23343043 | 219868 | SH |  | SOLE |  | 0 | 159538 | 60330 |
| ROYAL DUTCH SHELL PLC | SPON ADR B | 780259107 |  | 607810 | 14021 | SH |  | SOLE |  | 0 | 11245 | 2776 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 5034 | 116 | SH |  | SOLE |  | 0 | 116 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADS | 783513203 |  | 242317 | 2368 | SH |  | SOLE |  | 0 | 1700 | 668 |
| S GLOBAL INC | COM | 78409V104 |  | 9998780 | 21187 | SH |  | SOLE |  | 0 | 14787 | 6400 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 747696 | 1922 | SH |  | SOLE |  | 0 | 1375 | 547 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1654991 | 3485 | SH |  | SOLE |  | 0 | 2232 | 1253 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 65302 | 382 | SH |  | SOLE |  | 0 | 382 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 9082 | 25 | SH |  | SOLE |  | 0 | 25 | 0 |
| SALESFORCE COM INC | COM | 79466L302 |  | 509530 | 2005 | SH |  | SOLE |  | 0 | 1422 | 583 |
| SANMINA CORPORATION | COM | 801056102 |  | 870 | 21 | SH |  | SOLE |  | 0 | 21 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 1387118 | 27687 | SH |  | SOLE |  | 0 | 24912 | 2775 |
| SAP SE | SPON ADR | 803054204 |  | 38326810 | 273548 | SH |  | SOLE |  | 0 | 175768 | 97780 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 469025 | 5577 | SH |  | SOLE |  | 0 | 3535 | 2042 |
| SEAGEN INC | COM | 81181C104 |  | 694772 | 4494 | SH |  | SOLE |  | 0 | 3163 | 1331 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 239180 | 1698 | SH |  | SOLE |  | 0 | 1698 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 692600 | 1067 | SH |  | SOLE |  | 0 | 758 | 309 |
| SERVISFIRST BANCSHARES INC | COM | 81768T108 |  | 1153655 | 13582 | SH |  | SOLE |  | 0 | 8704 | 4878 |
| SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 822634101 |  | 4377 | 380 | SH |  | SOLE |  | 0 | 380 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1302639 | 3699 | SH |  | SOLE |  | 0 | 2442 | 1257 |
| SHOPIFY INC | CL A | 82509L107 |  | 2421424 | 1758 | SH |  | SOLE |  | 0 | 1205 | 553 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 136991 | 3957 | SH |  | SOLE |  | 0 | 2829 | 1128 |
| SNOWFLAKE INC | CL A | 833445109 |  | 172762 | 510 | SH |  | SOLE |  | 0 | 364 | 146 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 599 | 14 | SH |  | SOLE |  | 0 | 14 | 0 |
| SPROTT INC | COM NEW | 852066208 |  | 13542 | 300 | SH |  | SOLE |  | 0 | 300 | 0 |
| STANTEC INC | COM | 85472N109 |  | 2143059 | 38130 | SH |  | SOLE |  | 0 | 27517 | 10613 |
| STARBUCKS CORP | COM | 855244109 |  | 208791 | 1785 | SH |  | SOLE |  | 0 | 1535 | 250 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 229678 | 33826 | SH |  | SOLE |  | 0 | 23978 | 9848 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 5342529 | 95947 | SH |  | SOLE |  | 0 | 82033 | 13914 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 4203780 | 167952 | SH |  | SOLE |  | 0 | 135882 | 32070 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 974 | 21 | SH |  | SOLE |  | 0 | 21 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 2854004 | 25438 | SH |  | SOLE |  | 0 | 18763 | 6675 |
| TJX COS INC NEW | COM | 872540109 |  | 1628635 | 21452 | SH |  | SOLE |  | 0 | 14481 | 6971 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 884519 | 7352 | SH |  | SOLE |  | 0 | 4886 | 2466 |
| TC ENERGY CORP | COM | 87807B107 |  | 7027591 | 151052 | SH |  | SOLE |  | 0 | 100845 | 50207 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 1349192 | 46831 | SH |  | SOLE |  | 0 | 39888 | 6943 |
| TELUS CORPORATION | COM | 87971M103 |  | 15042241 | 638500 | SH |  | SOLE |  | 0 | 490046 | 148454 |
| TELUS INTL CDA INC | SUB VTG SHS | 87975H100 |  | 1105179 | 33433 | SH |  | SOLE |  | 0 | 27830 | 5603 |
| TESLA INC | COM | 88160R101 |  | 52839 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 414257 | 2198 | SH |  | SOLE |  | 0 | 1364 | 834 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 43355253 | 64977 | SH |  | SOLE |  | 0 | 41950 | 23027 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 4360810 | 36453 | SH |  | SOLE |  | 0 | 25436 | 11017 |
| 3M CO | COM | 88579Y101 |  | 6039 | 34 | SH |  | SOLE |  | 0 | 34 | 0 |
| TILRAY INC | COM CL 2 | 88688T100 |  | 585 | 83 | SH |  | SOLE |  | 0 | 0 | 83 |
| TOPBUILD CORP | COM | 89055F103 |  | 216589 | 785 | SH |  | SOLE |  | 0 | 491 | 294 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 121136418 | 1579470 | SH |  | SOLE |  | 0 | 1050745 | 528725 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 1664625 | 33656 | SH |  | SOLE |  | 0 | 26428 | 7228 |
| TRANSALTA CORP | COM | 89346D107 |  | 11388 | 1025 | SH |  | SOLE |  | 0 | 1025 | 0 |
| TWITTER INC | COM | 90184L102 |  | 4754 | 110 | SH |  | SOLE |  | 0 | 110 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 1613 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| TYSON FOODS INC | CL A | 902494103 |  | 1241158 | 14240 | SH |  | SOLE |  | 0 | 14240 | 0 |
| UBS AG LONDON BRANCH | ETRACS MVIS BUSI | 90274D416 |  | 890552 | 44390 | SH |  | SOLE |  | 0 | 44390 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1586589 | 29496 | SH |  | SOLE |  | 0 | 21657 | 7839 |
| UNION PAC CORP | COM | 907818108 |  | 35018 | 139 | SH |  | SOLE |  | 0 | 139 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1321834 | 6167 | SH |  | SOLE |  | 0 | 5803 | 364 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 50770873 | 101109 | SH |  | SOLE |  | 0 | 65186 | 35923 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 378413 | 2293 | SH |  | SOLE |  | 0 | 1637 | 656 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 868576 | 50440 | SH |  | SOLE |  | 0 | 50440 | 0 |
| VANGUARD WHITEHALL FDS | EMERG MKT BD ETF | 921946885 |  | 38208 | 492 | SH |  | SOLE |  | 0 | 0 | 492 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 75569 | 1370 | SH |  | SOLE |  | 0 | 0 | 1370 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 42598 | 93 | SH |  | SOLE |  | 0 | 93 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 76805 | 828 | SH |  | SOLE |  | 0 | 0 | 828 |
| VERISIGN INC | COM | 92343E102 |  | 5777450 | 22762 | SH |  | SOLE |  | 0 | 15954 | 6808 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 505362 | 9726 | SH |  | SOLE |  | 0 | 7333 | 2393 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1338070 | 5850 | SH |  | SOLE |  | 0 | 3802 | 2048 |
| VERMILION ENERGY INC | COM | 923725105 |  | 59953 | 4768 | SH |  | SOLE |  | 0 | 4768 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 647380 | 2948 | SH |  | SOLE |  | 0 | 2112 | 836 |
| VISA INC | COM CL A | 92826C839 |  | 37990129 | 175304 | SH |  | SOLE |  | 0 | 117369 | 57935 |
| VULCAN MATLS CO | COM | 929160109 |  | 369907 | 1782 | SH |  | SOLE |  | 0 | 1269 | 513 |
| WABTEC | COM | 929740108 |  | 368255 | 3998 | SH |  | SOLE |  | 0 | 2834 | 1164 |
| WARNER MUSIC GROUP CORP | COM CL A | 934550203 |  | 191460 | 4434 | SH |  | SOLE |  | 0 | 2741 | 1693 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 3999489 | 29335 | SH |  | SOLE |  | 0 | 26961 | 2374 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1864940 | 11174 | SH |  | SOLE |  | 0 | 8931 | 2243 |
| WATERS CORP | COM | 941848103 |  | 9315 | 25 | SH |  | SOLE |  | 0 | 25 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 405585 | 2135 | SH |  | SOLE |  | 0 | 1380 | 755 |
| WEST FRASER TIMBER CO LTD | COM | 952845105 |  | 424121 | 4444 | SH |  | SOLE |  | 0 | 3470 | 974 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 464760 | 10827 | SH |  | SOLE |  | 0 | 7651 | 3176 |
| WILLIAMS COS INC | COM | 969457100 |  | 944444 | 36269 | SH |  | SOLE |  | 0 | 36269 | 0 |
| WINMARK CORP | COM | 974250102 |  | 196397 | 791 | SH |  | SOLE |  | 0 | 598 | 193 |
| WORKHORSE GROUP INC | COM NEW | 98138J206 |  | 392 | 90 | SH |  | SOLE |  | 0 | 90 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 11558969 | 47367 | SH |  | SOLE |  | 0 | 33393 | 13974 |
| AMDOCS LTD | SHS | G02602103 |  | 420600 | 5620 | SH |  | SOLE |  | 0 | 4231 | 1389 |
| AON PLC | SHS CL A | G0403H108 |  | 6874708 | 22873 | SH |  | SOLE |  | 0 | 15950 | 6923 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 5169853 | 12471 | SH |  | SOLE |  | 0 | 9310 | 3161 |
| BROOKFIELD ASSET MGMT REINS | CL A EXCH LT VTG | G16169107 |  | 691 | 11 | SH |  | SOLE |  | 0 | 10 | 1 |
| BROOKFIELD BUSINESS PARTNERS | UNIT LTD L P | G16234109 |  | 860765 | 18750 | SH |  | SOLE |  | 0 | 18750 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 553451 | 9090 | SH |  | SOLE |  | 0 | 7197 | 1893 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 7628813 | 212903 | SH |  | SOLE |  | 0 | 150171 | 62732 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 208434 | 8862 | SH |  | SOLE |  | 0 | 6344 | 2518 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 258955 | 4630 | SH |  | SOLE |  | 0 | 2840 | 1790 |
| FERGUSON PLC NEW | SHS | G3421J106 |  | 370799 | 2067 | SH |  | SOLE |  | 0 | 1483 | 584 |
| LINDE PLC | SHS | G5494J103 |  | 44207585 | 127609 | SH |  | SOLE |  | 0 | 81682 | 45927 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1052189 | 10171 | SH |  | SOLE |  | 0 | 7693 | 2478 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 4148 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 6272 | 72 | SH |  | SOLE |  | 0 | 72 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 4059 | 21 | SH |  | SOLE |  | 0 | 21 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 3119 | 18 | SH |  | SOLE |  | 0 | 18 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 7165 | 9 | SH |  | SOLE |  | 0 | 9 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 387909 | 1703 | SH |  | SOLE |  | 0 | 1060 | 643 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 15380 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| COSTAMARE INC | SHS | Y1771G102 |  | 919275 | 72670 | SH |  | SOLE |  | 0 | 72670 | 0 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 1083413 | 47290 | SH |  | SOLE |  | 0 | 47290 | 0 |

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