Intact Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	4,481	30,100	SH		SOLE		0	30,100	0
ABBOTT LABS	COM	002824100	568	4,800	SH		SOLE		0	4,800	0
ABBVIE INC	COM	00287Y109	14,833	91,500	SH		SOLE		0	91,500	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	304	900	SH		SOLE		0	900	0
ADOBE SYSTEMS INCORPORATED	COM	00724F101	1,139	2,500	SH		SOLE		0	2,500	0
ADVANCE AUTO PARTS INC	COM	00751Y106	5,816	28,100	SH		SOLE		0	28,100	0
ADVANCED MICRO DEVICES INC	COM	007903107	492	4,501	SH		SOLE		0	4,501	0
AES CORP	COM	00130H105	6,013	233,700	SH		SOLE		0	233,700	0
AGNICO EAGLE MINES LTD	COM	008474108	57,953	757,957	SH		SOLE		0	757,957	0
AIR PRODS & CHEMS INC	COM	009158106	7,898	31,600	SH		SOLE		0	31,600	0
ALASKA AIR GROUP INC	COM	011659109	603	10,400	SH		SOLE		0	10,400	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	6,040	30,000	SH		SOLE		0	30,000	0
ALGONQUIN PWR UTILS CORP	COM	015857105	57,616	2,971,419	SH		SOLE		0	2,971,419	0
ALIGN TECHNOLOGY INC	COM	016255101	872	2,000	SH		SOLE		0	2,000	0
ALLSTATE CORP	COM	020002101	249	1,800	SH		SOLE		0	1,800	0
ALPHABET INC	CAP STK CL C	02079K107	1,396	500	SH		SOLE		0	500	0
ALPHABET INC	CAP STK CL A	02079K305	5,840	2,100	SH		SOLE		0	2,100	0
ALTRIA GROUP INC	COM	02209S103	9,269	177,200	SH		SOLE		0	177,200	0
AMAZON COM INC	COM	023135106	6,845	2,100	SH		SOLE		0	2,100	0
AMERICAN HOMES 4 RENT	CL A	02665T306	4,844	121,000	SH		SOLE		0	121,000	0
AMERICAN TOWER CORP NEW	COM	03027X100	6,286	25,000	SH		SOLE		0	25,000	0
AMGEN INC	COM	031162100	9,523	39,400	SH		SOLE		0	39,400	0
ANALOG DEVICES INC	COM	032654105	8,454	51,200	SH		SOLE		0	51,200	0
APPLE INC	COM	037833100	11,685	66,900	SH		SOLE		0	66,900	0
APPLIED MATLS INC	COM	038222105	961	7,300	SH		SOLE		0	7,300	0
ARISTA NETWORKS INC	COM	040413106	278	2,000	SH		SOLE		0	2,000	0
AT&T INC	COM	00206R102	17,292	731,800	SH		SOLE		0	731,800	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	2,298	10,100	SH		SOLE		0	10,100	0
AVALONBAY CMNTYS INC	COM	053484101	2,980	12,000	SH		SOLE		0	12,000	0
B2GOLD CORP	COM	11777Q209	22,807	3,980,300	SH		SOLE		0	3,980,300	0
BANK MONTREAL QUE	COM	063671101	217,763	1,480,375	SH		SOLE		0	1,480,375	0
BANK NOVA SCOTIA B C	COM	064149107	95,782	1,069,229	SH		SOLE		0	1,069,229	0
BARRICK GOLD CORP	COM	067901108	15,772	514,600	SH		SOLE		0	514,600	0
BAUSCH HEALTH COS INC	COM	071734107	450	15,800	SH		SOLE		0	15,800	0
BAXTER INTL INC	COM	071813109	775	10,000	SH		SOLE		0	10,000	0
BCE INC	COM NEW	05534B760	76,967	1,110,960	SH		SOLE		0	1,110,960	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,612	7,400	SH		SOLE		0	7,400	0
BK OF AMERICA CORP	COM	060505104	11,382	276,200	SH		SOLE		0	276,200	0
BLACKROCK INC	COM	09247X101	3,671	4,800	SH		SOLE		0	4,800	0
BOSTON SCIENTIFIC CORP	COM	101137107	992	22,400	SH		SOLE		0	22,400	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	16,444	225,200	SH		SOLE		0	225,200	0
BROADCOM INC	COM	11135F101	19,138	30,400	SH		SOLE		0	30,400	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	66,680	944,340	SH		SOLE		0	944,340	0
BROOKFIELD BUSINESS PARTNERS	UNIT LTD L P	G16234109	6,068	159,400	SH		SOLE		0	159,400	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	78,533	950,190	SH		SOLE		0	950,190	0
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	18,692	200,777	SH		SOLE		0	200,777	0
BROOKFIELD RENEWABLE CORP	CL A SUB VTG	11284V105	16,371	301,600	SH		SOLE		0	301,600	0
BROOKFIELD RENEWABLE PARTNER	PARTNERSHIP UNIT	G16258108	16,879	329,724	SH		SOLE		0	329,724	0
BRP INC	COM SUN VTG	05577W200	10,351	101,460	SH		SOLE		0	101,460	0
CAMECO CORP	COM	13321L108	7,449	204,710	SH		SOLE		0	204,710	0
CANADIAN IMP BK COMM	COM	136069101	118,421	780,366	SH		SOLE		0	780,366	0
CANADIAN NAT RES LTD	COM	136385101	88,476	1,143,550	SH		SOLE		0	1,143,550	0
CANADIAN NATL RY CO	COM	136375102	56,858	339,554	SH		SOLE		0	339,554	0
CANADIAN PAC RY LTD	COM	13645T100	57,581	558,060	SH		SOLE		0	558,060	0
CATALENT INC	COM	148806102	621	5,600	SH		SOLE		0	5,600	0
CATERPILLAR INC	COM	149123101	3,699	16,600	SH		SOLE		0	16,600	0
CELESTICA INC	SUB VTG SHS	15101Q108	4,299	290,100	SH		SOLE		0	290,100	0
CENOVUS ENERGY INC	COM	15135U109	71,777	3,449,154	SH		SOLE		0	3,449,154	0
CF INDS HLDGS INC	COM	125269100	680	6,600	SH		SOLE		0	6,600	0
CHEVRON CORP NEW	COM	166764100	3,728	22,900	SH		SOLE		0	22,900	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	791	500	SH		SOLE		0	500	0
CHUBB LIMITED	COM	H1467J104	1,112	5,200	SH		SOLE		0	5,200	0
CI FINL CORP	COM	125491100	63,773	3,212,768	SH		SOLE		0	3,212,768	0
CIGNA CORP NEW	COM	125523100	863	3,600	SH		SOLE		0	3,600	0
CISCO SYS INC	COM	17275R102	14,610	262,200	SH		SOLE		0	262,200	0
CITIGROUP INC	COM NEW	172967424	9,758	182,800	SH		SOLE		0	182,800	0
CITIZENS FINL GROUP INC	COM	174610105	4,465	98,500	SH		SOLE		0	98,500	0
COCA COLA CO	COM	191216100	20,355	328,300	SH		SOLE		0	328,300	0
COLGATE PALMOLIVE CO	COM	194162103	5,906	77,900	SH		SOLE		0	77,900	0
COLLIERS INTL GROUP INC	SUB VTG SHS	194693107	13,523	83,140	SH		SOLE		0	83,140	0
COMCAST CORP NEW	CL A	20030N101	15,703	335,400	SH		SOLE		0	335,400	0
CONAGRA BRANDS INC	COM	205887102	3,704	110,300	SH		SOLE		0	110,300	0
CONOCOPHILLIPS	COM	20825C104	8,981	89,800	SH		SOLE		0	89,800	0
CONSTELLATION BRANDS INC	CL A	21036P108	875	3,800	SH		SOLE		0	3,800	0
CORNING INC	COM	219350105	4,930	133,600	SH		SOLE		0	133,600	0
CRESCENT PT ENERGY CORP	COM	22576C101	49,121	5,421,720	SH		SOLE		0	5,421,720	0
CRONOS GROUP INC	COM	22717L101	4,173	860,310	SH		SOLE		0	860,310	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	9,621	52,100	SH		SOLE		0	52,100	0
CSX CORP	COM	126408103	1,288	34,400	SH		SOLE		0	34,400	0
CUMMINS INC	COM	231021106	4,900	23,900	SH		SOLE		0	23,900	0
CVS HEALTH CORP	COM	126650100	6,376	63,000	SH		SOLE		0	63,000	0
DANAHER CORPORATION	COM	235851102	851	2,900	SH		SOLE		0	2,900	0
DEXCOM INC	COM	252131107	614	1,200	SH		SOLE		0	1,200	0
DIGITAL RLTY TR INC	COM	253868103	7,076	49,900	SH		SOLE		0	49,900	0
DISCOVERY INC	COM SER A	25470F104	682	24,300	SH		SOLE		0	24,300	0
DISNEY WALT CO	COM	254687106	1,173	8,550	SH		SOLE		0	8,550	0
DOMINION ENERGY INC	COM	25746U109	8,702	102,400	SH		SOLE		0	102,400	0
DOW INC	COM	260557103	1,695	26,600	SH		SOLE		0	26,600	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	6,691	59,900	SH		SOLE		0	59,900	0
DUKE REALTY CORP	COM NEW	264411505	7,054	121,500	SH		SOLE		0	121,500	0
DUPONT DE NEMOURS INC	COM	26614N102	594	8,066	SH		SOLE		0	8,066	0
EATON CORP PLC	SHS	G29183103	2,138	14,100	SH		SOLE		0	14,100	0
EMERSON ELEC CO	COM	291011104	6,960	71,000	SH		SOLE		0	71,000	0
ENBRIDGE INC	COM	29250N105	187,631	3,260,311	SH		SOLE		0	3,260,311	0
ENERPLUS CORP	COM	292766102	21,560	1,361,950	SH		SOLE		0	1,361,950	0
ENPHASE ENERGY INC	COM	29355A107	424	2,100	SH		SOLE		0	2,100	0
EOG RES INC	COM	26875P101	2,194	18,400	SH		SOLE		0	18,400	0
EQUIFAX INC	COM	294429105	711	3,000	SH		SOLE		0	3,000	0
EXELON CORP	COM	30161N101	6,950	146,000	SH		SOLE		0	146,000	0
EXXON MOBIL CORP	COM	30231G102	13,641	165,100	SH		SOLE		0	165,100	0
F5 INC	COM	315616102	251	1,200	SH		SOLE		0	1,200	0
FEDEX CORP	COM	31428X106	3,122	13,500	SH		SOLE		0	13,500	0
FIDELITY NATL INFORMATION SV	COM	31620M106	5,765	57,400	SH		SOLE		0	57,400	0
FORD MTR CO DEL	COM	345370860	2,200	130,100	SH		SOLE		0	130,100	0
FORTIS INC	COM	349553107	17,434	282,100	SH		SOLE		0	282,100	0
FRANCO NEV CORP	COM	351858105	35,280	177,400	SH		SOLE		0	177,400	0
FREEPORT-MCMORAN INC	CL B	35671D857	4,015	80,700	SH		SOLE		0	80,700	0
GENERAC HLDGS INC	COM	368736104	595	2,000	SH		SOLE		0	2,000	0
GENERAL MTRS CO	COM	37045V100	770	17,600	SH		SOLE		0	17,600	0
GFL ENVIRONMENTAL INC	SUB VTG SHS	36168Q104	34,436	849,010	SH		SOLE		0	849,010	0
GILDAN ACTIVEWEAR INC	COM	375916103	21,925	467,990	SH		SOLE		0	467,990	0
GILEAD SCIENCES INC	COM	375558103	12,033	202,400	SH		SOLE		0	202,400	0
GLOBAL PMTS INC	COM	37940X102	718	5,250	SH		SOLE		0	5,250	0
GOLDMAN SACHS GROUP INC	COM	38141G104	8,451	25,600	SH		SOLE		0	25,600	0
GRANITE REAL ESTATE INVT TR	UNIT 99/99/9999	387437114	41,400	429,640	SH		SOLE		0	429,640	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	474	6,600	SH		SOLE		0	6,600	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	3,732	108,700	SH		SOLE		0	108,700	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	3,731	223,400	SH		SOLE		0	223,400	0
HOME DEPOT INC	COM	437076102	12,810	42,800	SH		SOLE		0	42,800	0
HONEYWELL INTL INC	COM	438516106	9,981	51,300	SH		SOLE		0	51,300	0
HUMANA INC	COM	444859102	610	1,400	SH		SOLE		0	1,400	0
IMPERIAL OIL LTD	COM NEW	453038408	21,414	354,300	SH		SOLE		0	354,300	0
INTEL CORP	COM	458140100	9,996	201,900	SH		SOLE		0	201,900	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	1,387	10,500	SH		SOLE		0	10,500	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	14,752	113,450	SH		SOLE		0	113,450	0
INTERNATIONAL PAPER CO	COM	460146103	4,006	86,800	SH		SOLE		0	86,800	0
IQVIA HLDGS INC	COM	46266C105	832	3,600	SH		SOLE		0	3,600	0
JACOBS ENGR GROUP INC	COM	469814107	689	5,000	SH		SOLE		0	5,000	0
JOHNSON & JOHNSON	COM	478160104	11,378	64,200	SH		SOLE		0	64,200	0
JOHNSON CTLS INTL PLC	SHS	G51502105	5,600	85,400	SH		SOLE		0	85,400	0
JPMORGAN CHASE & CO	COM	46625H100	10,864	79,700	SH		SOLE		0	79,700	0
KINROSS GOLD CORP	COM	496902404	16,431	2,241,610	SH		SOLE		0	2,241,610	0
KKR & CO INC	COM	48251W104	585	10,000	SH		SOLE		0	10,000	0
KRAFT HEINZ CO	COM	500754106	2,627	66,700	SH		SOLE		0	66,700	0
LIGHTSPEED COMMERCE INC	SUB VTG SHS	53229C107	18,301	480,340	SH		SOLE		0	480,340	0
LILLY ELI & CO	COM	532457108	430	1,500	SH		SOLE		0	1,500	0
LINCOLN NATL CORP IND	COM	534187109	614	9,400	SH		SOLE		0	9,400	0
LOCKHEED MARTIN CORP	COM	539830109	11,079	25,100	SH		SOLE		0	25,100	0
LOWES COS INC	COM	548661107	1,172	5,800	SH		SOLE		0	5,800	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	8,473	82,400	SH		SOLE		0	82,400	0
M & T BK CORP	COM	55261F104	441	2,600	SH		SOLE		0	2,600	0
MAG SILVER CORP	COM	55903Q104	5,395	267,100	SH		SOLE		0	267,100	0
MAGNA INTL INC	COM	559222401	24,043	299,604	SH		SOLE		0	299,604	0
MANULIFE FINL CORP	COM	56501R106	61,966	2,325,165	SH		SOLE		0	2,325,165	0
MARATHON PETE CORP	COM	56585A102	5,138	60,100	SH		SOLE		0	60,100	0
MASTEC INC	COM	576323109	557	6,400	SH		SOLE		0	6,400	0
MASTERCARD INCORPORATED	CL A	57636Q104	1,912	5,350	SH		SOLE		0	5,350	0
MCDONALDS CORP	COM	580135101	14,219	57,500	SH		SOLE		0	57,500	0
MEDICENNA THERAPEUTICS CORP	COM	58490H107	117	73,900	SH		SOLE		0	73,900	0
MEDTRONIC PLC	SHS	G5960L103	10,527	94,900	SH		SOLE		0	94,900	0
MERCK & CO INC	COM	58933Y105	18,232	222,200	SH		SOLE		0	222,200	0
META PLATFORMS INC	CL A	30303M102	1,623	7,300	SH		SOLE		0	7,300	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	548	7,300	SH		SOLE		0	7,300	0
MICRON TECHNOLOGY INC	COM	595112103	709	9,100	SH		SOLE		0	9,100	0
MICROSOFT CORP	COM	594918104	10,259	33,300	SH		SOLE		0	33,300	0
MONDELEZ INTL INC	CL A	609207105	10,114	161,100	SH		SOLE		0	161,100	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	463	5,800	SH		SOLE		0	5,800	0
MORGAN STANLEY	COM NEW	617446448	4,013	45,900	SH		SOLE		0	45,900	0
NETFLIX INC	COM	64110L106	1,049	2,800	SH		SOLE		0	2,800	0
NEW GOLD INC CDA	COM	644535106	5,309	2,349,300	SH		SOLE		0	2,349,300	0
NEW YORK CMNTY BANCORP INC	COM	649445103	3,010	280,800	SH		SOLE		0	280,800	0
NEWELL BRANDS INC	COM	651229106	3,051	142,500	SH		SOLE		0	142,500	0
NEWMONT CORP	COM	651639106	2,717	34,200	SH		SOLE		0	34,200	0
NEXGEN ENERGY LTD	COM	65340P106	5,831	828,300	SH		SOLE		0	828,300	0
NEXTERA ENERGY INC	COM	65339F101	14,748	174,100	SH		SOLE		0	174,100	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	3,921	217,367	SH		SOLE		0	217,367	0
NORTHROP GRUMMAN CORP	COM	666807102	984	2,200	SH		SOLE		0	2,200	0
NORTONLIFELOCK INC	COM	668771108	2,287	86,300	SH		SOLE		0	86,300	0
NUTRIEN LTD	COM	67077M108	106,701	825,729	SH		SOLE		0	825,729	0
NUVEI CORPORATION	SUB VTG SHS	67079A102	10,694	114,070	SH		SOLE		0	114,070	0
NVIDIA CORPORATION	COM	67066G104	3,450	12,650	SH		SOLE		0	12,650	0
OBSIDIAN ENERGY LTD	COM	674482203	2,422	219,200	SH		SOLE		0	219,200	0
OPEN TEXT CORP	COM	683715106	26,481	499,740	SH		SOLE		0	499,740	0
ORGANIGRAM HLDGS INC	COM	68620P101	1,770	851,100	SH		SOLE		0	851,100	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	9,406	571,800	SH		SOLE		0	571,800	0
PARKER-HANNIFIN CORP	COM	701094104	681	2,400	SH		SOLE		0	2,400	0
PAYCHEX INC	COM	704326107	471	3,450	SH		SOLE		0	3,450	0
PAYPAL HLDGS INC	COM	70450Y103	463	4,000	SH		SOLE		0	4,000	0
PEMBINA PIPELINE CORP	COM	706327103	60,949	1,298,163	SH		SOLE		0	1,298,163	0
PEPSICO INC	COM	713448108	12,331	73,700	SH		SOLE		0	73,700	0
PFIZER INC	COM	717081103	18,554	358,400	SH		SOLE		0	358,400	0
PHILIP MORRIS INTL INC	COM	718172109	19,304	205,300	SH		SOLE		0	205,300	0
PHILLIPS 66	COM	718546104	3,861	44,700	SH		SOLE		0	44,700	0
PROCTER AND GAMBLE CO	COM	742718109	19,268	126,100	SH		SOLE		0	126,100	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	5,419	77,400	SH		SOLE		0	77,400	0
QUALCOMM INC	COM	747525103	6,556	42,900	SH		SOLE		0	42,900	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	12,734	128,531	SH		SOLE		0	128,531	0
REALTY INCOME CORP	COM	756109104	4,718	68,100	SH		SOLE		0	68,100	0
REGENCY CTRS CORP	COM	758849103	4,380	61,400	SH		SOLE		0	61,400	0
RESTAURANT BRANDS INTL INC	COM	76131D103	37,805	518,591	SH		SOLE		0	518,591	0
RITCHIE BROS AUCTIONEERS	COM	767744105	958	12,977	SH		SOLE		0	12,977	0
ROGERS COMMUNICATIONS INC	CL B	775109200	113,745	1,611,350	SH		SOLE		0	1,611,350	0
ROSS STORES INC	COM	778296103	1,013	11,200	SH		SOLE		0	11,200	0
ROYAL BK CDA	COM	780087102	54,912	399,071	SH		SOLE		0	399,071	0
SALESFORCE COM INC	COM	79466L302	1,380	6,500	SH		SOLE		0	6,500	0
SANDSTORM GOLD LTD	COM NEW	80013R206	5,815	578,600	SH		SOLE		0	578,600	0
SCHLUMBERGER LTD	COM STK	806857108	2,618	63,400	SH		SOLE		0	63,400	0
SEALED AIR CORP NEW	COM	81211K100	522	7,800	SH		SOLE		0	7,800	0
SEMPRA	COM	816851109	8,490	50,500	SH		SOLE		0	50,500	0
SERVICENOW INC	COM	81762P102	752	1,350	SH		SOLE		0	1,350	0
SHAW COMMUNICATIONS INC	CL B CONV	82028K200	56,788	1,463,610	SH		SOLE		0	1,463,610	0
SHOPIFY INC	CL A	82509L107	28,667	33,946	SH		SOLE		0	33,946	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	3,757	12,800	SH		SOLE		0	12,800	0
SIMON PPTY GROUP INC NEW	COM	828806109	2,105	16,000	SH		SOLE		0	16,000	0
SKECHERS U S A INC	CL A	830566105	676	16,600	SH		SOLE		0	16,600	0
SKEENA RES LTD NEW	COM	83056P715	3,607	259,875	SH		SOLE		0	259,875	0
SOUTHERN CO	COM	842587107	10,916	150,500	SH		SOLE		0	150,500	0
SPDR SER TR	GLB DOW ETF	78464A706	12,347	110,286	SH		SOLE		0	110,286	0
SPROTT INC	COM NEW	852066208	2,056	32,900	SH		SOLE		0	32,900	0
SSR MNG INC	COM	784730103	33,206	1,221,694	SH		SOLE		0	1,221,694	0
STANLEY BLACK & DECKER INC	COM	854502101	2,992	21,400	SH		SOLE		0	21,400	0
STANTEC INC	COM	85472N109	2,269	36,200	SH		SOLE		0	36,200	0
STARBUCKS CORP	COM	855244109	4,467	49,100	SH		SOLE		0	49,100	0
STATE STR CORP	COM	857477103	5,444	62,500	SH		SOLE		0	62,500	0
SUN LIFE FINANCIAL INC.	COM	866796105	38,773	556,280	SH		SOLE		0	556,280	0
SUNCOR ENERGY INC NEW	COM	867224107	160,083	3,934,216	SH		SOLE		0	3,934,216	0
SYNCHRONY FINANCIAL	COM	87165B103	3,175	91,200	SH		SOLE		0	91,200	0
SYNOPSYS INC	COM	871607107	717	2,150	SH		SOLE		0	2,150	0
SYSCO CORP	COM	871829107	5,046	61,800	SH		SOLE		0	61,800	0
T-MOBILE US INC	COM	872590104	828	6,450	SH		SOLE		0	6,450	0
TARGET CORP	COM	87612E106	1,019	4,800	SH		SOLE		0	4,800	0
TC ENERGY CORP	COM	87807B107	103,474	1,467,710	SH		SOLE		0	1,467,710	0
TECK RESOURCES LTD	CL B	878742204	5,573	110,406	SH		SOLE		0	110,406	0
TELUS CORPORATION	COM	87971M103	91,317	2,795,982	SH		SOLE		0	2,795,982	0
TELUS INTL CDA INC	SUB VTG SHS	87975H100	16,543	537,660	SH		SOLE		0	527,960	0
TEMPUR SEALY INTL INC	COM	88023U101	447	16,000	SH		SOLE		0	16,000	0
TESLA INC	COM	88160R101	3,448	3,200	SH		SOLE		0	3,200	0
TEXAS INSTRS INC	COM	882508104	5,920	32,300	SH		SOLE		0	32,300	0
TFI INTL INC	COM	87241L109	34,155	257,460	SH		SOLE		0	257,460	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,655	2,800	SH		SOLE		0	2,800	0
THOMSON REUTERS CORP.	COM NEW	884903709	49,520	365,620	SH		SOLE		0	365,620	0
TORONTO DOMINION BK ONT	COM NEW	891160509	93,270	940,691	SH		SOLE		0	940,691	0
TRANSALTA CORP	COM	89346D107	44,547	3,464,030	SH		SOLE		0	3,464,030	0
TRICON RESIDENTIAL INC	COM NPV	89612W102	12,494	628,807	SH		SOLE		0	628,807	0
TRUIST FINL CORP	COM	89832Q109	5,199	91,700	SH		SOLE		0	91,700	0
TYSON FOODS INC	CL A	902494103	4,822	53,800	SH		SOLE		0	53,800	0
UNITED PARCEL SERVICE INC	CL B	911312106	9,913	46,200	SH		SOLE		0	46,200	0
UNITED RENTALS INC	COM	911363109	710	2,000	SH		SOLE		0	2,000	0
UNITEDHEALTH GROUP INC	COM	91324P102	2,754	5,400	SH		SOLE		0	5,400	0
US BANCORP DEL	COM NEW	902973304	2,360	44,400	SH		SOLE		0	44,400	0
V F CORP	COM	918204108	3,917	68,900	SH		SOLE		0	68,900	0
VENTAS INC	COM	92276F100	2,532	41,000	SH		SOLE		0	41,000	0
VERIZON COMMUNICATIONS INC	COM	92343V104	11,347	222,800	SH		SOLE		0	222,800	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	731	2,800	SH		SOLE		0	2,800	0
VISA INC	COM CL A	92826C839	889	4,000	SH		SOLE		0	4,000	0
WALMART INC	COM	931142103	4,677	31,400	SH		SOLE		0	31,400	0
WASTE CONNECTIONS INC	COM	94106B101	2,488	14,267	SH		SOLE		0	14,267	0
WELLS FARGO CO NEW	COM	949746101	3,383	69,800	SH		SOLE		0	69,800	0
WEST FRASER TIMBER CO LTD	COM	952845105	13,433	130,770	SH		SOLE		0	130,770	0
WHEATON PRECIOUS METALS CORP	COM	962879102	1,177	19,800	SH		SOLE		0	19,800	0
WILLIAMS COS INC	COM	969457100	3,338	99,900	SH		SOLE		0	99,900	0
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	708	3,000	SH		SOLE		0	3,000	0
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	746	8,800	SH		SOLE		0	8,800	0