# EDGAR Filing Document

**Accession Number:** 0002077908
**File Stem:** 0002077908-25-000005
**Filing Date:** 2025-7
**Character Count:** 30161
**Document Hash:** 9a206ad8afdb855cd9b0c764429fdf3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002077908-25-000005.hdr.sgml**: 20250721

**ACCESSION NUMBER**: 0002077908-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20190930

**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:** 251137494

**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:** 09-30-2019

**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:** 274

**Form 13F Information Table Value Total:** $647041336

      (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 |  | 162002 | 8236 | SH |  | SOLE |  | 0 | 4374 | 3862 |
| AT INC | COM | 00206R102 |  | 611910 | 16171 | SH |  | SOLE |  | 0 | 12046 | 4125 |
| ABBOTT LABS | COM | 002824100 |  | 1271449 | 15196 | SH |  | SOLE |  | 0 | 9967 | 5229 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 164210 | 3103 | SH |  | SOLE |  | 0 | 2655 | 448 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 171519 | 1037 | SH |  | SOLE |  | 0 | 882 | 155 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 232556 | 4338 | SH |  | SOLE |  | 0 | 3519 | 819 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 854161 | 3850 | SH |  | SOLE |  | 0 | 2994 | 856 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 60115 | 4389 | SH |  | SOLE |  | 0 | 4035 | 354 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 819427 | 4900 | SH |  | SOLE |  | 0 | 2909 | 1991 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1314082 | 1078 | SH |  | SOLE |  | 0 | 733 | 345 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1832931 | 1501 | SH |  | SOLE |  | 0 | 946 | 555 |
| AMAZON COM INC | COM | 023135106 |  | 164911 | 95 | SH |  | SOLE |  | 0 | 95 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 59731 | 505 | SH |  | SOLE |  | 0 | 143 | 362 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 221351 | 1001 | SH |  | SOLE |  | 0 | 857 | 144 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 939303 | 7561 | SH |  | SOLE |  | 0 | 5659 | 1902 |
| AMETEK INC NEW | COM | 031100100 |  | 6243 | 68 | SH |  | SOLE |  | 0 | 68 | 0 |
| AMGEN INC | COM | 031162100 |  | 418175 | 2161 | SH |  | SOLE |  | 0 | 1470 | 691 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 693159 | 7183 | SH |  | SOLE |  | 0 | 3925 | 3258 |
| ANALOG DEVICES INC | COM | 032654105 |  | 46367 | 415 | SH |  | SOLE |  | 0 | 114 | 301 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 250054 | 2628 | SH |  | SOLE |  | 0 | 1428 | 1200 |
| ANSYS INC | COM | 03662Q105 |  | 9297 | 42 | SH |  | SOLE |  | 0 | 42 | 0 |
| APHRIA INC | COM | 03765K104 |  | 2337 | 450 | SH |  | SOLE |  | 0 | 0 | 450 |
| APPLE INC | COM | 037833100 |  | 2601859 | 11617 | SH |  | SOLE |  | 0 | 8765 | 2852 |
| APPLIED MATLS INC | COM | 038222105 |  | 85927 | 1722 | SH |  | SOLE |  | 0 | 1400 | 322 |
| APTARGROUP INC | COM | 038336103 |  | 5330 | 45 | SH |  | SOLE |  | 0 | 45 | 0 |
| ARCOSA INC | COM | 039653100 |  | 2257 | 66 | SH |  | SOLE |  | 0 | 66 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 504443 | 11318 | SH |  | SOLE |  | 0 | 8704 | 2614 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 805162 | 4988 | SH |  | SOLE |  | 0 | 3980 | 1008 |
| AUTOZONE INC | COM | 053332102 |  | 161608 | 149 | SH |  | SOLE |  | 0 | 128 | 21 |
| BB CORP | COM | 054937107 |  | 1921 | 36 | SH |  | SOLE |  | 0 | 0 | 36 |
| BCE INC | COM NEW | 05534B760 |  | 3026672 | 62555 | SH |  | SOLE |  | 0 | 37187 | 25368 |
| BP PLC | SPONSORED ADR | 055622104 |  | 2735 | 72 | SH |  | SOLE |  | 0 | 27 | 45 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 25484 | 248 | SH |  | SOLE |  | 0 | 248 | 0 |
| BALL CORP | COM | 058498106 |  | 6771 | 93 | SH |  | SOLE |  | 0 | 93 | 0 |
| BANCO SANTANDER SA | ADR | 05964H105 |  | 27613 | 6869 | SH |  | SOLE |  | 0 | 6869 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 115513 | 3960 | SH |  | SOLE |  | 0 | 687 | 3273 |
| BANK MONTREAL QUE | COM | 063671101 |  | 1100685 | 14939 | SH |  | SOLE |  | 0 | 11423 | 3516 |
| BANK N S HALIFAX | COM | 064149107 |  | 33886079 | 596395 | SH |  | SOLE |  | 0 | 354318 | 242077 |
| BANK OZK | COM | 06417N103 |  | 517639 | 18982 | SH |  | SOLE |  | 0 | 12618 | 6364 |
| BARRICK GOLD CORPORATION | COM | 067901108 |  | 119549 | 6908 | SH |  | SOLE |  | 0 | 6775 | 133 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1420623 | 5616 | SH |  | SOLE |  | 0 | 3716 | 1900 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4923833 | 23670 | SH |  | SOLE |  | 0 | 17466 | 6204 |
| BERRY GLOBAL GROUP INC | COM | 08579W103 |  | 590660 | 15041 | SH |  | SOLE |  | 0 | 9908 | 5133 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 576215 | 11669 | SH |  | SOLE |  | 0 | 9287 | 2382 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 87417 | 1297 | SH |  | SOLE |  | 0 | 1115 | 182 |
| BLACKROCK INC | COM | 09247X101 |  | 294122 | 660 | SH |  | SOLE |  | 0 | 568 | 92 |
| BOOKING HLDGS INC | COM | 09857L108 |  | 143270 | 73 | SH |  | SOLE |  | 0 | 62 | 11 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 951983 | 23396 | SH |  | SOLE |  | 0 | 14750 | 8646 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 1572 | 31 | SH |  | SOLE |  | 0 | 0 | 31 |
| BROOKFIELD ASSET MGMT INC | CL A LTD VT SH | 112585104 |  | 23729792 | 446734 | SH |  | SOLE |  | 0 | 247673 | 199061 |
| CAE INC | COM | 124765108 |  | 1791929 | 70506 | SH |  | SOLE |  | 0 | 43067 | 27439 |
| CBOE GLOBAL MARKETS INC | COM | 12503M108 |  | 1150823 | 10015 | SH |  | SOLE |  | 0 | 6408 | 3607 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 2712891 | 34297 | SH |  | SOLE |  | 0 | 25962 | 8335 |
| CME GROUP INC | COM | 12572Q105 |  | 2282894 | 10802 | SH |  | SOLE |  | 0 | 7489 | 3313 |
| CVS HEALTH CORP | COM | 126650100 |  | 872951 | 13841 | SH |  | SOLE |  | 0 | 10285 | 3556 |
| CAMECO CORP | COM | 13321L108 |  | 24221 | 2550 | SH |  | SOLE |  | 0 | 2467 | 83 |
| CDN IMPERIAL BK COMM TORONTO | COM | 136069101 |  | 1651204 | 20006 | SH |  | SOLE |  | 0 | 16208 | 3798 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 22430750 | 249725 | SH |  | SOLE |  | 0 | 148083 | 101642 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 28422694 | 1067887 | SH |  | SOLE |  | 0 | 621858 | 446029 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 1843126 | 8291 | SH |  | SOLE |  | 0 | 6707 | 1584 |
| CANOPY GROWTH CORP | COM | 138035100 |  | 47482 | 2072 | SH |  | SOLE |  | 0 | 0 | 2072 |
| CATERPILLAR INC DEL | COM | 149123101 |  | 9473 | 75 | SH |  | SOLE |  | 0 | 75 | 0 |
| CELESTICA INC | SUB VTG SHS | 15101Q108 |  | 101211 | 14110 | SH |  | SOLE |  | 0 | 11766 | 2344 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 1206359 | 128536 | SH |  | SOLE |  | 0 | 101799 | 26737 |
| CHEVRON CORP NEW | COM | 166764100 |  | 46491 | 392 | SH |  | SOLE |  | 0 | 98 | 294 |
| CISCO SYS INC | COM | 17275R102 |  | 1397561 | 28285 | SH |  | SOLE |  | 0 | 20399 | 7886 |
| CITIGROUP INC | COM NEW | 172967424 |  | 39513 | 572 | SH |  | SOLE |  | 0 | 160 | 412 |
| COCA COLA CO | COM | 191216100 |  | 871856 | 16015 | SH |  | SOLE |  | 0 | 10908 | 5107 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 697748 | 11578 | SH |  | SOLE |  | 0 | 7636 | 3942 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1239966 | 16868 | SH |  | SOLE |  | 0 | 11581 | 5287 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1424753 | 31605 | SH |  | SOLE |  | 0 | 19992 | 11613 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 47792 | 788 | SH |  | SOLE |  | 0 | 220 | 568 |
| COMPANHIA DE SANEAMENTO BASI | SPONSORED ADR | 20441A102 |  | 5049 | 425 | SH |  | SOLE |  | 0 | 375 | 50 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 27749 | 487 | SH |  | SOLE |  | 0 | 142 | 345 |
| CORELOGIC INC | COM | 21871D103 |  | 123217 | 2663 | SH |  | SOLE |  | 0 | 1295 | 1368 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1345473 | 4670 | SH |  | SOLE |  | 0 | 3695 | 975 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 108011 | 25274 | SH |  | SOLE |  | 0 | 22141 | 3133 |
| CROWN HOLDINGS INC | COM | 228368106 |  | 160063 | 2423 | SH |  | SOLE |  | 0 | 2107 | 316 |
| DBX ETF TR | XTRACK MSCI JAPN | 233051507 |  | 130106 | 3269 | SH |  | SOLE |  | 0 | 3269 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 72070 | 499 | SH |  | SOLE |  | 0 | 142 | 357 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1309759 | 11079 | SH |  | SOLE |  | 0 | 8694 | 2385 |
| DAVITA INC | COM | 23918K108 |  | 470713 | 8248 | SH |  | SOLE |  | 0 | 5380 | 2868 |
| DEERE  CO | COM | 244199105 |  | 8434 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 130509 | 3232 | SH |  | SOLE |  | 0 | 2617 | 615 |
| DIAGEO P L C | SPON ADR NEW | 25243Q205 |  | 18556576 | 113482 | SH |  | SOLE |  | 0 | 64576 | 48906 |
| DIAMOND OFFSHORE DRILLING IN | COM | 25271C102 |  | 58708 | 10559 | SH |  | SOLE |  | 0 | 9292 | 1267 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 1194511 | 9202 | SH |  | SOLE |  | 0 | 7318 | 1884 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 15106824 | 115921 | SH |  | SOLE |  | 0 | 63010 | 52911 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 451071 | 2838 | SH |  | SOLE |  | 0 | 2023 | 815 |
| DOLLAR TREE INC | COM | 256746108 |  | 1296857 | 11360 | SH |  | SOLE |  | 0 | 8141 | 3219 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 760936 | 7938 | SH |  | SOLE |  | 0 | 6594 | 1344 |
| EOG RES INC | COM | 26875P101 |  | 555907 | 7490 | SH |  | SOLE |  | 0 | 4797 | 2693 |
| E TRADE FINANCIAL CORP | COM NEW | 269246401 |  | 213250 | 4881 | SH |  | SOLE |  | 0 | 3092 | 1789 |
| ETF MANAGERS TR | PRIME CYBR SCRTY | 26924G201 |  | 22826 | 610 | SH |  | SOLE |  | 0 | 150 | 460 |
| EBAY INC | COM | 278642103 |  | 54844 | 1407 | SH |  | SOLE |  | 0 | 403 | 1004 |
| ECOLAB INC | COM | 278865100 |  | 17265721 | 87183 | SH |  | SOLE |  | 0 | 47743 | 39440 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 3882 | 146 | SH |  | SOLE |  | 0 | 146 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 376998 | 3854 | SH |  | SOLE |  | 0 | 3165 | 689 |
| ENCANA CORP | COM | 292505104 |  | 70970 | 15485 | SH |  | SOLE |  | 0 | 13330 | 2155 |
| ENBRIDGE INC | COM | 29250N105 |  | 26688661 | 760139 | SH |  | SOLE |  | 0 | 446734 | 313405 |
| EPAM SYS INC | COM | 29414B104 |  | 67458 | 370 | SH |  | SOLE |  | 0 | 319 | 51 |
| EQUINIX INC | COM | 29444U700 |  | 177654 | 308 | SH |  | SOLE |  | 0 | 264 | 44 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 |  | 8717 | 460 | SH |  | SOLE |  | 0 | 404 | 56 |
| EXELON CORP | COM | 30161N101 |  | 889483 | 18412 | SH |  | SOLE |  | 0 | 15305 | 3107 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 29161 | 413 | SH |  | SOLE |  | 0 | 118 | 295 |
| FACEBOOK INC | CL A | 30303M102 |  | 412789 | 2318 | SH |  | SOLE |  | 0 | 2133 | 185 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 40226 | 303 | SH |  | SOLE |  | 0 | 87 | 216 |
| 58 COM INC | SPON ADR REP A | 31680Q104 |  | 4289 | 87 | SH |  | SOLE |  | 0 | 77 | 10 |
| FISERV INC | COM | 337738108 |  | 1332685 | 12865 | SH |  | SOLE |  | 0 | 8395 | 4470 |
| FLEXSHARES TR | STOXX GLOBR INF | 33939L795 |  | 65826 | 1273 | SH |  | SOLE |  | 0 | 1273 | 0 |
| FORTIS INC | COM | 349553107 |  | 1843881 | 43600 | SH |  | SOLE |  | 0 | 36966 | 6634 |
| FRANCO NEVADA CORP | COM | 351858105 |  | 17794897 | 195225 | SH |  | SOLE |  | 0 | 107441 | 87784 |
| FRESENIUS MED CARE AG KGA | SPONSORED ADR | 358029106 |  | 33657 | 1002 | SH |  | SOLE |  | 0 | 1002 | 0 |
| GENMAB A S | SPONSORED ADS | 372303206 |  | 7678 | 379 | SH |  | SOLE |  | 0 | 329 | 50 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2299449 | 64768 | SH |  | SOLE |  | 0 | 47558 | 17210 |
| GLAXOSMITHKLINE PLC | SPONSORED ADR | 37733W105 |  | 439177 | 10290 | SH |  | SOLE |  | 0 | 7704 | 2586 |
| GRAINGER W W INC | COM | 384802104 |  | 197604 | 665 | SH |  | SOLE |  | 0 | 570 | 95 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 187238 | 3282 | SH |  | SOLE |  | 0 | 1718 | 1564 |
| HALLIBURTON CO | COM | 406216101 |  | 1903 | 101 | SH |  | SOLE |  | 0 | 101 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1145018 | 4935 | SH |  | SOLE |  | 0 | 4004 | 931 |
| HONEYWELL INTL INC | COM | 438516106 |  | 376470 | 2225 | SH |  | SOLE |  | 0 | 988 | 1237 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 9423 | 2611 | SH |  | SOLE |  | 0 | 2400 | 211 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 156127 | 1411 | SH |  | SOLE |  | 0 | 1220 | 191 |
| IAA INC | COM | 449253103 |  | 6843 | 164 | SH |  | SOLE |  | 0 | 164 | 0 |
| ICICI BK LTD | ADR | 45104G104 |  | 7612 | 625 | SH |  | SOLE |  | 0 | 515 | 110 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 24881 | 159 | SH |  | SOLE |  | 0 | 77 | 82 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 24147 | 927 | SH |  | SOLE |  | 0 | 927 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 99468 | 1340 | SH |  | SOLE |  | 0 | 1161 | 179 |
| ING GROEP N V | SPONSORED ADR | 456837103 |  | 23972 | 2294 | SH |  | SOLE |  | 0 | 2294 | 0 |
| INTEL CORP | COM | 458140100 |  | 33185 | 644 | SH |  | SOLE |  | 0 | 182 | 462 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 494822 | 9206 | SH |  | SOLE |  | 0 | 6131 | 3075 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 604553 | 6552 | SH |  | SOLE |  | 0 | 4002 | 2550 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 22103 | 152 | SH |  | SOLE |  | 0 | 43 | 109 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 11682051 | 95216 | SH |  | SOLE |  | 0 | 53661 | 41555 |
| INTUIT | COM | 461202103 |  | 10105 | 38 | SH |  | SOLE |  | 0 | 38 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 1206243 | 8075 | SH |  | SOLE |  | 0 | 4861 | 3214 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 1820635 | 27117 | SH |  | SOLE |  | 0 | 27117 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 236217 | 2087 | SH |  | SOLE |  | 0 | 1881 | 206 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 128037 | 1202 | SH |  | SOLE |  | 0 | 974 | 228 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 5230 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 214761 | 3685 | SH |  | SOLE |  | 0 | 3685 | 0 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 18554 | 75 | SH |  | SOLE |  | 0 | 75 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 1279672 | 22155 | SH |  | SOLE |  | 0 | 22155 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 111330 | 1823 | SH |  | SOLE |  | 0 | 0 | 1823 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 74001 | 1509 | SH |  | SOLE |  | 0 | 1509 | 0 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 67207 | 2396 | SH |  | SOLE |  | 0 | 2396 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2614365 | 22214 | SH |  | SOLE |  | 0 | 15846 | 6368 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4333712 | 33496 | SH |  | SOLE |  | 0 | 23646 | 9850 |
| KELLOGG CO | COM | 487836108 |  | 558429 | 8678 | SH |  | SOLE |  | 0 | 6520 | 2158 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 815693 | 29857 | SH |  | SOLE |  | 0 | 23873 | 5984 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 1077023 | 7582 | SH |  | SOLE |  | 0 | 5598 | 1984 |
| KONINKLIJKE PHILIPS N V | NY REG SH NEW | 500472303 |  | 1317426 | 28559 | SH |  | SOLE |  | 0 | 16738 | 11821 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 14921 | 75 | SH |  | SOLE |  | 0 | 75 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 8377 | 150 | SH |  | SOLE |  | 0 | 150 | 0 |
| LENNAR CORP | CL B | 526057302 |  | 88 | 2 | SH |  | SOLE |  | 0 | 2 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 62512 | 559 | SH |  | SOLE |  | 0 | 156 | 403 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1240780 | 3181 | SH |  | SOLE |  | 0 | 2659 | 522 |
| LOWES COS INC | COM | 548661107 |  | 236304 | 2149 | SH |  | SOLE |  | 0 | 919 | 1230 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 9626 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 1869958 | 35069 | SH |  | SOLE |  | 0 | 24943 | 10126 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 22939555 | 1250253 | SH |  | SOLE |  | 0 | 714128 | 536125 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 12106 | 121 | SH |  | SOLE |  | 0 | 121 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 15546 | 125 | SH |  | SOLE |  | 0 | 125 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 3414992 | 12575 | SH |  | SOLE |  | 0 | 9218 | 3357 |
| MCDONALDS CORP | COM | 580135101 |  | 1829758 | 8522 | SH |  | SOLE |  | 0 | 6459 | 2063 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1513865 | 77396 | SH |  | SOLE |  | 0 | 61233 | 16163 |
| MERCK  CO INC | COM | 58933Y105 |  | 70542 | 838 | SH |  | SOLE |  | 0 | 716 | 122 |
| METHANEX CORP | COM | 59151K108 |  | 171300 | 4826 | SH |  | SOLE |  | 0 | 4081 | 745 |
| MICROSOFT CORP | COM | 594918104 |  | 9937447 | 71477 | SH |  | SOLE |  | 0 | 50952 | 20525 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 292022 | 6815 | SH |  | SOLE |  | 0 | 5847 | 968 |
| MIDDLEBY CORP | COM | 596278101 |  | 12233000 | 104645 | SH |  | SOLE |  | 0 | 57277 | 47368 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 25714 | 5062 | SH |  | SOLE |  | 0 | 5062 | 0 |
| MOLSON COORS BREWING CO | CL B | 60871R209 |  | 202515 | 3522 | SH |  | SOLE |  | 0 | 2664 | 858 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1723162 | 31149 | SH |  | SOLE |  | 0 | 22416 | 8733 |
| MOODYS CORP | COM | 615369105 |  | 234940 | 1147 | SH |  | SOLE |  | 0 | 992 | 155 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 363995 | 2136 | SH |  | SOLE |  | 0 | 1012 | 1124 |
| NEWMONT GOLDCORP CORPORATION | COM | 651639106 |  | 49101 | 1298 | SH |  | SOLE |  | 0 | 1201 | 97 |
| NIKE INC | CL B | 654106103 |  | 1251577 | 13326 | SH |  | SOLE |  | 0 | 8765 | 4561 |
| NOBLE ENERGY INC | COM | 655044105 |  | 307050 | 13671 | SH |  | SOLE |  | 0 | 8807 | 4864 |
| NOVARTIS A G | SPONSORED ADR | 66987V109 |  | 2280951 | 26248 | SH |  | SOLE |  | 0 | 17977 | 8271 |
| NVIDIA CORP | COM | 67066G104 |  | 180510 | 1037 | SH |  | SOLE |  | 0 | 907 | 130 |
| NUTRIEN LTD | COM | 67077M108 |  | 5488504 | 110136 | SH |  | SOLE |  | 0 | 75435 | 34701 |
| OMNICOM GROUP INC | COM | 681919106 |  | 349609 | 4465 | SH |  | SOLE |  | 0 | 3348 | 1117 |
| ONEOK INC NEW | COM | 682680103 |  | 1143447 | 15517 | SH |  | SOLE |  | 0 | 12287 | 3230 |
| OPEN TEXT CORP | COM | 683715106 |  | 3154835 | 77318 | SH |  | SOLE |  | 0 | 59203 | 18115 |
| ORACLE CORP | COM | 68389X105 |  | 3167967 | 57568 | SH |  | SOLE |  | 0 | 42104 | 15464 |
| ORGANIGRAM HLDGS INC | COM | 68620P101 |  | 4088 | 1190 | SH |  | SOLE |  | 0 | 0 | 1190 |
| PTC INC | COM | 69370C100 |  | 135541 | 1988 | SH |  | SOLE |  | 0 | 969 | 1019 |
| PARKER HANNIFIN CORP | COM | 701094104 |  | 350925 | 1943 | SH |  | SOLE |  | 0 | 1461 | 482 |
| PAYCHEX INC | COM | 704326107 |  | 894081 | 10802 | SH |  | SOLE |  | 0 | 8519 | 2283 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 3079386 | 83045 | SH |  | SOLE |  | 0 | 55004 | 28041 |
| PEPSICO INC | COM | 713448108 |  | 15760878 | 114959 | SH |  | SOLE |  | 0 | 64338 | 50621 |
| P T TELEKOMUNIKASI INDONESIA | SPONSORED ADR | 715684106 |  | 4938 | 164 | SH |  | SOLE |  | 0 | 142 | 22 |
| PFIZER INC | COM | 717081103 |  | 117455 | 3269 | SH |  | SOLE |  | 0 | 1746 | 1523 |
| PRECISION DRILLING CORP | COM 2010 | 74022D308 |  | 975 | 850 | SH |  | SOLE |  | 0 | 850 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 1328502 | 10681 | SH |  | SOLE |  | 0 | 7216 | 3465 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 11114706 | 305433 | SH |  | SOLE |  | 0 | 167291 | 138142 |
| RAYTHEON CO | COM NEW | 755111507 |  | 786329 | 4008 | SH |  | SOLE |  | 0 | 3327 | 681 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 8599 | 31 | SH |  | SOLE |  | 0 | 31 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 366521 | 15452 | SH |  | SOLE |  | 0 | 9904 | 5548 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1000950 | 11565 | SH |  | SOLE |  | 0 | 9005 | 2560 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1078776 | 15167 | SH |  | SOLE |  | 0 | 10666 | 4501 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 997624 | 25019 | SH |  | SOLE |  | 0 | 14771 | 10248 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 212097 | 1287 | SH |  | SOLE |  | 0 | 630 | 657 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 15754207 | 323336 | SH |  | SOLE |  | 0 | 189380 | 133956 |
| ROSS STORES INC | COM | 778296103 |  | 67667 | 616 | SH |  | SOLE |  | 0 | 176 | 440 |
| ROYAL BK CDA MONTREAL QUE | COM | 780087102 |  | 12758857 | 157233 | SH |  | SOLE |  | 0 | 110519 | 46714 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 1206836 | 20507 | SH |  | SOLE |  | 0 | 16342 | 4165 |
| RYANAIR HLDGS PLC | SPONSORED ADS | 783513203 |  | 15001 | 226 | SH |  | SOLE |  | 0 | 199 | 27 |
| S GLOBAL INC | COM | 78409V104 |  | 1581100 | 6454 | SH |  | SOLE |  | 0 | 3977 | 2477 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 7537997 | 25395 | SH |  | SOLE |  | 0 | 13749 | 11646 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 819624 | 17691 | SH |  | SOLE |  | 0 | 14030 | 3661 |
| SAP SE | SPON ADR | 803054204 |  | 17755936 | 150640 | SH |  | SOLE |  | 0 | 82841 | 67799 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 260033 | 7610 | SH |  | SOLE |  | 0 | 5025 | 2585 |
| THE CHARLES SCHWAB CORPORATI | COM | 808513105 |  | 96083 | 2297 | SH |  | SOLE |  | 0 | 1568 | 729 |
| SERVICENOW INC | COM | 81762P102 |  | 422660 | 1665 | SH |  | SOLE |  | 0 | 1438 | 227 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 59100 | 3007 | SH |  | SOLE |  | 0 | 2785 | 222 |
| SHOPIFY INC | CL A | 82509L107 |  | 5292 | 17 | SH |  | SOLE |  | 0 | 17 | 0 |
| STANTEC INC | COM | 85472N109 |  | 2100329 | 94873 | SH |  | SOLE |  | 0 | 67629 | 27244 |
| STARBUCKS CORP | COM | 855244109 |  | 43325 | 490 | SH |  | SOLE |  | 0 | 132 | 358 |
| STERICYCLE INC | COM | 858912108 |  | 129973 | 2552 | SH |  | SOLE |  | 0 | 2172 | 380 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 22209 | 3247 | SH |  | SOLE |  | 0 | 2855 | 392 |
| SUN LIFE FINL INC | COM | 866796105 |  | 1083263 | 24218 | SH |  | SOLE |  | 0 | 18345 | 5873 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 4528428 | 143514 | SH |  | SOLE |  | 0 | 108635 | 34879 |
| TJX COS INC NEW | COM | 872540109 |  | 1230906 | 22083 | SH |  | SOLE |  | 0 | 15974 | 6109 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 196285 | 4223 | SH |  | SOLE |  | 0 | 2580 | 1643 |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 874060205 |  | 1032 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| TC ENERGY CORP | COM | 87807B107 |  | 2386186 | 46068 | SH |  | SOLE |  | 0 | 30540 | 15528 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 22462 | 1385 | SH |  | SOLE |  | 0 | 1284 | 101 |
| TELUS CORP | COM | 87971M103 |  | 3348881 | 94067 | SH |  | SOLE |  | 0 | 70288 | 23779 |
| TESLA INC | COM | 88160R101 |  | 13247 | 55 | SH |  | SOLE |  | 0 | 55 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 190370 | 1473 | SH |  | SOLE |  | 0 | 711 | 762 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 26548677 | 91148 | SH |  | SOLE |  | 0 | 51631 | 39517 |
| THOMSON REUTERS CORP | COM NEW | 884903709 |  | 3082534 | 46104 | SH |  | SOLE |  | 0 | 34255 | 11849 |
| 3M CO | COM | 88579Y101 |  | 1266537 | 7704 | SH |  | SOLE |  | 0 | 5530 | 2174 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 45026589 | 771951 | SH |  | SOLE |  | 0 | 457682 | 314269 |
| TOTAL S A | SPONSORED ADS | 89151E109 |  | 8112 | 156 | SH |  | SOLE |  | 0 | 67 | 89 |
| TRANSALTA CORP | COM | 89346D107 |  | 8695 | 1336 | SH |  | SOLE |  | 0 | 1192 | 144 |
| TRINITY INDS INC | COM | 896522109 |  | 3936 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 385612 | 1469 | SH |  | SOLE |  | 0 | 970 | 499 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1400046 | 25299 | SH |  | SOLE |  | 0 | 16646 | 8653 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1628289 | 27093 | SH |  | SOLE |  | 0 | 15850 | 11243 |
| UNILEVER N V | N Y SHS NEW | 904784709 |  | 839339 | 13982 | SH |  | SOLE |  | 0 | 11849 | 2133 |
| UNION PACIFIC CORP | COM | 907818108 |  | 78398 | 484 | SH |  | SOLE |  | 0 | 139 | 345 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 57747 | 423 | SH |  | SOLE |  | 0 | 115 | 308 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 14438740 | 66440 | SH |  | SOLE |  | 0 | 37163 | 29277 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1558374 | 25818 | SH |  | SOLE |  | 0 | 19799 | 6019 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1633744 | 10331 | SH |  | SOLE |  | 0 | 6824 | 3507 |
| VERMILION ENERGY INC | COM | 923725105 |  | 434467 | 26072 | SH |  | SOLE |  | 0 | 21299 | 4773 |
| VERRA MOBILITY CORP | COM | 92511U102 |  | 283125 | 19730 | SH |  | SOLE |  | 0 | 16992 | 2738 |
| VISA INC | COM CL A | 92826C839 |  | 28515645 | 165779 | SH |  | SOLE |  | 0 | 95172 | 70607 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 1065120 | 11200 | SH |  | SOLE |  | 0 | 8718 | 2482 |
| WALMART INC | COM | 931142103 |  | 5934 | 50 | SH |  | SOLE |  | 0 | 50 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 10121 | 183 | SH |  | SOLE |  | 0 | 63 | 120 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 132425 | 1441 | SH |  | SOLE |  | 0 | 1211 | 230 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1502245 | 13063 | SH |  | SOLE |  | 0 | 10552 | 2511 |
| WATERS CORP | COM | 941848103 |  | 6250 | 28 | SH |  | SOLE |  | 0 | 28 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1101811 | 21844 | SH |  | SOLE |  | 0 | 14308 | 7536 |
| WINMARK CORP | COM | 974250102 |  | 83079 | 471 | SH |  | SOLE |  | 0 | 370 | 101 |
| ZOETIS INC | CL A | 98978V103 |  | 1562607 | 12542 | SH |  | SOLE |  | 0 | 6856 | 5686 |
| AON PLC | SHS CL A | G0408V102 |  | 415594 | 2147 | SH |  | SOLE |  | 0 | 1066 | 1081 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 190608 | 6322 | SH |  | SOLE |  | 0 | 5428 | 894 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1657287 | 8616 | SH |  | SOLE |  | 0 | 6453 | 2163 |
| BROOKFIELD PROPERTY PARTRS L | UNIT LTD PARTN | G16249107 |  | 446149 | 21974 | SH |  | SOLE |  | 0 | 20169 | 1805 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 320322 | 6467 | SH |  | SOLE |  | 0 | 5240 | 1227 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 65807 | 1620 | SH |  | SOLE |  | 0 | 1498 | 122 |
| COCA COLA EUROPEAN PARTNERS | SHS | G25839104 |  | 188585 | 3401 | SH |  | SOLE |  | 0 | 1611 | 1790 |
| LINDE PLC | SHS | G5494J103 |  | 17417752 | 89912 | SH |  | SOLE |  | 0 | 49113 | 40799 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 762186 | 7017 | SH |  | SOLE |  | 0 | 5418 | 1599 |
| NIELSEN HLDGS PLC | SHS EUR | G6518L108 |  | 6626005 | 311812 | SH |  | SOLE |  | 0 | 175246 | 136566 |
| ALCON INC | ORD SHS | H01301128 |  | 105912 | 1817 | SH |  | SOLE |  | 0 | 926 | 891 |
| TRANSOCEAN LTD | REG SHS | H8817H100 |  | 101661 | 22743 | SH |  | SOLE |  | 0 | 19730 | 3013 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 55149 | 222 | SH |  | SOLE |  | 0 | 222 | 0 |
| YANDEX N V | SHS CLASS A | N97284108 |  | 5391 | 154 | SH |  | SOLE |  | 0 | 134 | 20 |

---