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	3,328	30,100	SH		SOLE		0	30,100	0
ABBOTT LABS	COM	002824100	503	5,200	SH		SOLE		0	5,200	0
ABBVIE INC	COM	00287Y109	12,437	92,500	SH		SOLE		0	92,500	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	798	3,100	SH		SOLE		0	3,100	0
ADOBE SYSTEMS INCORPORATED	COM	00724F101	523	1,900	SH		SOLE		0	1,900	0
ADVANCE AUTO PARTS INC	COM	00751Y106	3,643	23,300	SH		SOLE		0	23,300	0
ADVANCED MICRO DEVICES INC	COM	007903107	456	7,201	SH		SOLE		0	7,201	0
AES CORP	COM	00130H105	6,191	273,800	SH		SOLE		0	273,800	0
AGNICO EAGLE MINES LTD	COM	008474108	48,557	832,591	SH		SOLE		0	832,591	0
AIR PRODS & CHEMS INC	COM	009158106	7,012	30,100	SH		SOLE		0	30,100	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	426	5,300	SH		SOLE		0	5,300	0
ALASKA AIR GROUP INC	COM	011659109	407	10,400	SH		SOLE		0	10,400	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	4,461	31,800	SH		SOLE		0	31,800	0
ALGONQUIN PWR UTILS CORP	COM	015857105	41,500	2,753,819	SH		SOLE		0	2,753,819	0
ALIGN TECHNOLOGY INC	COM	016255101	331	1,600	SH		SOLE		0	1,600	0
ALLSTATE CORP	COM	020002101	598	4,800	SH		SOLE		0	4,800	0
ALPHABET INC	CAP STK CL C	02079K107	906	9,420	SH		SOLE		0	9,420	0
ALPHABET INC	CAP STK CL A	02079K305	3,980	41,600	SH		SOLE		0	41,600	0
ALTRIA GROUP INC	COM	02209S103	6,765	167,500	SH		SOLE		0	167,500	0
AMAZON COM INC	COM	023135106	4,521	40,000	SH		SOLE		0	40,000	0
AMERICAN HOMES 4 RENT	CL A	02665T306	3,729	113,700	SH		SOLE		0	113,700	0
AMERICAN INTL GROUP INC	COM NEW	026874784	750	15,800	SH		SOLE		0	15,800	0
AMERICAN TOWER CORP NEW	COM	03027X100	5,350	24,900	SH		SOLE		0	24,900	0
AMGEN INC	COM	031162100	6,717	29,800	SH		SOLE		0	29,800	0
ANALOG DEVICES INC	COM	032654105	7,887	56,600	SH		SOLE		0	56,600	0
APPLE INC	COM	037833100	8,761	63,450	SH		SOLE		0	63,450	0
APPLIED MATLS INC	COM	038222105	287	3,500	SH		SOLE		0	3,500	0
AT&T INC	COM	00206R102	6,947	452,300	SH		SOLE		0	452,300	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	2,058	9,100	SH		SOLE		0	9,100	0
AVALONBAY CMNTYS INC	COM	053484101	2,505	13,600	SH		SOLE		0	13,600	0
B2GOLD CORP	COM	11777Q209	20,220	4,585,100	SH		SOLE		0	4,585,100	0
BAKER HUGHES COMPANY	CL A	05722G100	1,528	72,900	SH		SOLE		0	72,900	0
BANK MONTREAL QUE	COM	063671101	112,688	931,535	SH		SOLE		0	931,535	0
BANK NOVA SCOTIA HALIFAX	COM	064149107	52,660	801,520	SH		SOLE		0	801,520	0
BARRICK GOLD CORP	COM	067901108	15,377	719,900	SH		SOLE		0	719,900	0
BATH & BODY WORKS INC	COM	070830104	2,101	64,400	SH		SOLE		0	64,400	0
BAXTER INTL INC	COM	071813109	604	11,200	SH		SOLE		0	11,200	0
BCE INC	COM NEW	05534B760	51,806	895,060	SH		SOLE		0	895,060	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,977	7,400	SH		SOLE		0	7,400	0
BIOGEN INC	COM	09062X103	534	2,000	SH		SOLE		0	2,000	0
BK OF AMERICA CORP	COM	060505104	11,511	380,900	SH		SOLE		0	380,900	0
BLACKROCK INC	COM	09247X101	2,643	4,800	SH		SOLE		0	4,800	0
BOSTON SCIENTIFIC CORP	COM	101137107	868	22,400	SH		SOLE		0	22,400	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	14,798	208,100	SH		SOLE		0	208,100	0
BROADCOM INC	COM	11135F101	11,186	25,200	SH		SOLE		0	25,200	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	37,944	673,000	SH		SOLE		0	673,000	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	50,671	1,026,560	SH		SOLE		0	1,026,560	0
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	4,250	75,765	SH		SOLE		0	75,765	0
BROOKFIELD RENEWABLE CORP	CL A SUB VTG	11284V105	12,576	279,900	SH		SOLE		0	279,900	0
BROOKFIELD RENEWABLE PARTNER	PARTNERSHIP UNIT	G16258108	9,680	224,600	SH		SOLE		0	224,600	0
BRP INC	COM SUN VTG	05577W200	8,953	105,670	SH		SOLE		0	105,670	0
CAMECO CORP	COM	13321L108	4,795	131,260	SH		SOLE		0	131,260	0
CANADIAN IMPERIAL BK COMM TO	COM	136069101	73,557	1,217,831	SH		SOLE		0	1,217,831	0
CANADIAN NAT RES LTD	COM	136385101	81,674	1,272,970	SH		SOLE		0	1,272,970	0
CANADIAN NATL RY CO	COM	136375102	46,331	310,904	SH		SOLE		0	310,904	0
CANADIAN PAC RY LTD	COM	13645T100	42,648	463,110	SH		SOLE		0	463,110	0
CAPITAL ONE FINL CORP	COM	14040H105	572	6,200	SH		SOLE		0	6,200	0
CATALENT INC	COM	148806102	420	5,800	SH		SOLE		0	5,800	0
CATERPILLAR INC	COM	149123101	2,593	15,800	SH		SOLE		0	15,800	0
CELESTICA INC	SUB VTG SHS	15101Q108	4,466	385,000	SH		SOLE		0	385,000	0
CENOVUS ENERGY INC	COM	15135U109	41,120	1,940,525	SH		SOLE		0	1,940,525	0
CENTERRA GOLD INC	COM	152006102	3,449	571,000	SH		SOLE		0	571,000	0
CHEVRON CORP NEW	COM	166764100	10,669	74,200	SH		SOLE		0	74,200	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	601	400	SH		SOLE		0	400	0
CI FINL CORP	COM	125491100	47,324	3,593,338	SH		SOLE		0	3,593,338	0
CIGNA CORP NEW	COM	125523100	1,000	3,600	SH		SOLE		0	3,600	0
CISCO SYS INC	COM	17275R102	10,911	272,700	SH		SOLE		0	272,700	0
CITIGROUP INC	COM NEW	172967424	1,046	25,100	SH		SOLE		0	25,100	0
CITIZENS FINL GROUP INC	COM	174610105	3,384	98,500	SH		SOLE		0	98,500	0
COCA COLA CO	COM	191216100	12,498	222,900	SH		SOLE		0	222,900	0
COLGATE PALMOLIVE CO	COM	194162103	5,299	75,400	SH		SOLE		0	75,400	0
COLLIERS INTL GROUP INC	SUB VTG SHS	194693107	8,492	67,134	SH		SOLE		0	67,134	0
COMCAST CORP NEW	CL A	20030N101	9,294	317,000	SH		SOLE		0	317,000	0
CONAGRA BRANDS INC	COM	205887102	3,402	104,200	SH		SOLE		0	104,200	0
CONSTELLATION BRANDS INC	CL A	21036P108	689	3,000	SH		SOLE		0	3,000	0
CORNING INC	COM	219350105	4,789	164,900	SH		SOLE		0	164,900	0
CORTEVA INC	COM	22052L104	664	11,600	SH		SOLE		0	11,600	0
CRESCENT PT ENERGY CORP	COM	22576C101	32,863	3,870,800	SH		SOLE		0	3,870,800	0
CRONOS GROUP INC	COM	22717L101	3,947	1,025,210	SH		SOLE		0	1,025,210	0
CROWN CASTLE INC	COM	22822V101	4,424	30,600	SH		SOLE		0	30,600	0
CSX CORP	COM	126408103	1,060	39,800	SH		SOLE		0	39,800	0
CUMMINS INC	COM	231021106	4,867	23,900	SH		SOLE		0	23,900	0
CVS HEALTH CORP	COM	126650100	10,116	106,000	SH		SOLE		0	106,000	0
DANAHER CORPORATION	COM	235851102	517	2,000	SH		SOLE		0	2,000	0
DIGITAL RLTY TR INC	COM	253868103	5,247	52,900	SH		SOLE		0	52,900	0
DISNEY WALT CO	COM	254687106	916	9,700	SH		SOLE		0	9,700	0
DOMINION ENERGY INC	COM	25746U109	7,679	111,000	SH		SOLE		0	111,000	0
DOW INC	COM	260557103	1,168	26,600	SH		SOLE		0	26,600	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	5,892	63,300	SH		SOLE		0	63,300	0
DUPONT DE NEMOURS INC	COM	26614N102	407	8,066	SH		SOLE		0	8,066	0
EASTMAN CHEM CO	COM	277432100	1,841	25,900	SH		SOLE		0	25,900	0
EATON CORP PLC	SHS	G29183103	1,882	14,100	SH		SOLE		0	14,100	0
ELEVANCE HEALTH INC	COM	036752103	1,092	2,400	SH		SOLE		0	2,400	0
EMERSON ELEC CO	COM	291011104	4,979	68,000	SH		SOLE		0	68,000	0
ENBRIDGE INC	COM	29250N105	78,181	1,527,571	SH		SOLE		0	1,527,571	0
ENERPLUS CORP	COM	292766102	2,398	122,950	SH		SOLE		0	122,950	0
EOG RES INC	COM	26875P101	5,576	49,900	SH		SOLE		0	49,900	0
EQUIFAX INC	COM	294429105	515	3,000	SH		SOLE		0	3,000	0
EXELON CORP	COM	30161N101	4,626	123,500	SH		SOLE		0	123,500	0
EXXON MOBIL CORP	COM	30231G102	4,406	50,400	SH		SOLE		0	50,400	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	3,443	38,200	SH		SOLE		0	38,200	0
FEDEX CORP	COM	31428X106	2,005	13,500	SH		SOLE		0	13,500	0
FIDELITY NATL INFORMATION SV	COM	31620M106	3,918	51,800	SH		SOLE		0	51,800	0
FIRSTSERVICE CORP NEW	COM	33767E202	3,726	22,728	SH		SOLE		0	22,728	0
FISERV INC	COM	337738108	271	2,900	SH		SOLE		0	2,900	0
FORD MTR CO DEL	COM	345370860	1,460	130,100	SH		SOLE		0	130,100	0
FORTIS INC	COM	349553107	37,889	722,800	SH		SOLE		0	722,800	0
FRANCO NEV CORP	COM	351858105	27,027	164,250	SH		SOLE		0	164,250	0
FREEPORT-MCMORAN INC	CL B	35671D857	2,207	80,700	SH		SOLE		0	80,700	0
GENERAC HLDGS INC	COM	368736104	356	2,000	SH		SOLE		0	2,000	0
GENERAL MTRS CO	COM	37045V100	707	22,000	SH		SOLE		0	22,000	0
GFL ENVIRONMENTAL INC	SUB VTG SHS	36168Q104	35,280	1,013,500	SH		SOLE		0	1,013,500	0
GILEAD SCIENCES INC	COM	375558103	13,010	210,900	SH		SOLE		0	210,900	0
GOLDMAN SACHS GROUP INC	COM	38141G104	7,504	25,600	SH		SOLE		0	25,600	0
GRANITE REAL ESTATE INVT TR	UNIT 99/99/9999	387437114	9,460	142,320	SH		SOLE		0	142,320	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	683	11,000	SH		SOLE		0	11,000	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	3,262	142,300	SH		SOLE		0	142,300	0
HOME DEPOT INC	COM	437076102	16,113	58,300	SH		SOLE		0	58,300	0
HONEYWELL INTL INC	COM	438516106	8,148	48,800	SH		SOLE		0	48,800	0
I-80 GOLD CORP	COM	44955L106	2,611	1,092,600	SH		SOLE		0	1,092,600	0
IMPERIAL OIL LTD	COM NEW	453038408	14,512	242,872	SH		SOLE		0	242,872	0
INCYTE CORP	COM	45337C102	480	7,200	SH		SOLE		0	7,200	0
INTEL CORP	COM	458140100	4,911	190,500	SH		SOLE		0	190,500	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	995	11,000	SH		SOLE		0	11,000	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	12,228	102,900	SH		SOLE		0	102,900	0
INTUIT	COM	461202103	387	1,000	SH		SOLE		0	1,000	0
IQVIA HLDGS INC	COM	46266C105	471	2,600	SH		SOLE		0	2,600	0
JACOBS SOLUTIONS INC	COM	46982L108	435	4,000	SH		SOLE		0	4,000	0
JOHNSON & JOHNSON	COM	478160104	10,924	66,800	SH		SOLE		0	66,800	0
JOHNSON CTLS INTL PLC	SHS	G51502105	3,999	81,200	SH		SOLE		0	81,200	0
JPMORGAN CHASE & CO	COM	46625H100	12,271	117,300	SH		SOLE		0	117,300	0
KINROSS GOLD CORP	COM	496902404	26,909	5,225,100	SH		SOLE		0	5,225,100	0
KKR & CO INC	COM	48251W104	430	10,000	SH		SOLE		0	10,000	0
KLA CORP	COM NEW	482480100	499	1,650	SH		SOLE		0	1,650	0
KRAFT HEINZ CO	COM	500754106	2,123	63,700	SH		SOLE		0	63,700	0
LILLY ELI & CO	COM	532457108	324	1,000	SH		SOLE		0	1,000	0
LINCOLN NATL CORP IND	COM	534187109	413	9,400	SH		SOLE		0	9,400	0
LOCKHEED MARTIN CORP	COM	539830109	6,498	16,800	SH		SOLE		0	16,800	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	4,570	60,700	SH		SOLE		0	60,700	0
M & T BK CORP	COM	55261F104	459	2,600	SH		SOLE		0	2,600	0
MAG SILVER CORP	COM	55903Q104	5,176	301,100	SH		SOLE		0	301,100	0
MAGNA INTL INC	COM	559222401	14,910	227,641	SH		SOLE		0	227,641	0
MANULIFE FINL CORP	COM	56501R106	64,817	3,000,770	SH		SOLE		0	3,000,770	0
MARATHON PETE CORP	COM	56585A102	298	3,000	SH		SOLE		0	3,000	0
MASTEC INC	COM	576323109	406	6,400	SH		SOLE		0	6,400	0
MASTERCARD INCORPORATED	CL A	57636Q104	1,538	5,400	SH		SOLE		0	5,400	0
MCDONALDS CORP	COM	580135101	7,110	30,800	SH		SOLE		0	30,800	0
MEDTRONIC PLC	SHS	G5960L103	5,220	64,600	SH		SOLE		0	64,600	0
MERCK & CO INC	COM	58933Y105	14,321	166,200	SH		SOLE		0	166,200	0
META PLATFORMS INC	CL A	30303M102	1,045	7,700	SH		SOLE		0	7,700	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	262	4,300	SH		SOLE		0	4,300	0
MICRON TECHNOLOGY INC	COM	595112103	291	5,800	SH		SOLE		0	5,800	0
MICROSOFT CORP	COM	594918104	9,475	40,700	SH		SOLE		0	40,700	0
MOLINA HEALTHCARE INC	COM	60855R100	330	1,000	SH		SOLE		0	1,000	0
MONDELEZ INTL INC	CL A	609207105	8,863	161,700	SH		SOLE		0	161,700	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	504	5,800	SH		SOLE		0	5,800	0
MORGAN STANLEY	COM NEW	617446448	3,279	41,500	SH		SOLE		0	41,500	0
NETAPP INC	COM	64110D104	2,344	37,900	SH		SOLE		0	37,900	0
NETFLIX INC	COM	64110L106	683	2,900	SH		SOLE		0	2,900	0
NEW GOLD INC CDA	COM	644535106	3,713	3,018,600	SH		SOLE		0	3,018,600	0
NEW YORK CMNTY BANCORP INC	COM	649445103	1,338	156,900	SH		SOLE		0	156,900	0
NEWELL BRANDS INC	COM	651229106	1,806	130,100	SH		SOLE		0	130,100	0
NEWMONT CORP	COM	651639106	1,438	34,200	SH		SOLE		0	34,200	0
NEXGEN ENERGY LTD	COM	65340P106	5,560	1,111,900	SH		SOLE		0	1,111,900	0
NEXTERA ENERGY INC	COM	65339F101	13,672	174,100	SH		SOLE		0	174,100	0
NIKE INC	CL B	654106103	299	3,600	SH		SOLE		0	3,600	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	2,903	223,167	SH		SOLE		0	223,167	0
NUTRIEN LTD	COM	67077M108	90,201	783,539	SH		SOLE		0	783,539	0
NUVEI CORPORATION	SUB VTG SHS	67079A102	9,935	267,130	SH		SOLE		0	267,130	0
NVIDIA CORPORATION	COM	67066G104	1,371	11,300	SH		SOLE		0	11,300	0
OBSIDIAN ENERGY LTD	COM	674482203	4,428	448,200	SH		SOLE		0	448,200	0
OPEN TEXT CORP	COM	683715106	16,832	461,140	SH		SOLE		0	461,140	0
ORACLE CORP	COM	68389X105	477	7,800	SH		SOLE		0	7,800	0
ORGANIGRAM HLDGS INC	COM	68620P101	1,356	1,120,500	SH		SOLE		0	1,120,500	0
ORLA MNG LTD NEW	COM	68634K106	4,170	954,300	SH		SOLE		0	954,300	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	9,175	656,800	SH		SOLE		0	656,800	0
PARKER-HANNIFIN CORP	COM	701094104	583	2,400	SH		SOLE		0	2,400	0
PAYPAL HLDGS INC	COM	70450Y103	628	7,300	SH		SOLE		0	7,300	0
PEMBINA PIPELINE CORP	COM	706327103	43,198	1,030,984	SH		SOLE		0	1,030,984	0
PEPSICO INC	COM	713448108	17,078	104,600	SH		SOLE		0	104,600	0
PFIZER INC	COM	717081103	16,887	385,200	SH		SOLE		0	385,200	0
PHILIP MORRIS INTL INC	COM	718172109	15,629	188,100	SH		SOLE		0	188,100	0
PHILLIPS 66	COM	718546104	5,257	65,100	SH		SOLE		0	65,100	0
PIONEER NAT RES CO	COM	723787107	7,803	36,000	SH		SOLE		0	36,000	0
PROCTER AND GAMBLE CO	COM	742718109	15,315	121,200	SH		SOLE		0	121,200	0
PROLOGIS INC.	COM	74340W103	4,343	42,700	SH		SOLE		0	42,700	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	4,357	77,400	SH		SOLE		0	77,400	0
PULTE GROUP INC	COM	745867101	420	11,200	SH		SOLE		0	11,200	0
QUALCOMM INC	COM	747525103	3,893	34,450	SH		SOLE		0	34,450	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	10,517	128,431	SH		SOLE		0	128,431	0
REGENCY CTRS CORP	COM	758849103	3,522	65,400	SH		SOLE		0	65,400	0
RESTAURANT BRANDS INTL INC	COM	76131D103	26,519	361,791	SH		SOLE		0	361,791	0
RITCHIE BROS AUCTIONEERS	COM	767744105	1,116	12,977	SH		SOLE		0	12,977	0
ROGERS COMMUNICATIONS INC	CL B	775109200	94,521	1,780,060	SH		SOLE		0	1,780,060	0
ROYAL BK CDA	COM	780087102	106,367	856,761	SH		SOLE		0	856,761	0
SALESFORCE INC	COM	79466L302	965	6,700	SH		SOLE		0	6,700	0
SANDSTORM GOLD LTD	COM NEW	80013R206	5,793	812,500	SH		SOLE		0	812,500	0
SEMPRA	COM	816851109	5,550	37,000	SH		SOLE		0	37,000	0
SERVICENOW INC	COM	81762P102	283	750	SH		SOLE		0	750	0
SHAW COMMUNICATIONS INC	CL B CONV	82028K200	39,900	1,188,920	SH		SOLE		0	1,188,920	0
SHOPIFY INC	CL A	82509L107	15,268	410,753	SH		SOLE		0	410,753	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	2,461	16,300	SH		SOLE		0	16,300	0
SIMON PPTY GROUP INC NEW	COM	828806109	2,235	24,900	SH		SOLE		0	24,900	0
SKECHERS U S A INC	CL A	830566105	527	16,600	SH		SOLE		0	16,600	0
SKEENA RES LTD NEW	COM	83056P715	3,224	499,775	SH		SOLE		0	499,775	0
SOUTHERN CO	COM	842587107	9,801	144,000	SH		SOLE		0	144,000	0
SPDR SER TR	GLB DOW ETF	78464A706	9,882	114,286	SH		SOLE		0	114,286	0
SPROTT INC	COM NEW	852066208	1,520	32,900	SH		SOLE		0	32,900	0
STANLEY BLACK & DECKER INC	COM	854502101	1,611	21,400	SH		SOLE		0	21,400	0
STANTEC INC	COM	85472N109	13,466	223,054	SH		SOLE		0	223,054	0
STARBUCKS CORP	COM	855244109	8,780	104,200	SH		SOLE		0	104,200	0
STATE STR CORP	COM	857477103	5,098	83,800	SH		SOLE		0	83,800	0
STRYKER CORPORATION	COM	863667101	689	3,400	SH		SOLE		0	3,400	0
SUN LIFE FINANCIAL INC.	COM	866796105	17,231	314,156	SH		SOLE		0	314,156	0
SUNCOR ENERGY INC NEW	COM	867224107	130,509	3,363,646	SH		SOLE		0	3,363,646	0
SVB FINANCIAL GROUP	COM	78486Q101	336	1,000	SH		SOLE		0	1,000	0
SYNCHRONY FINANCIAL	COM	87165B103	1,371	48,600	SH		SOLE		0	48,600	0
SYNOPSYS INC	COM	871607107	580	1,900	SH		SOLE		0	1,900	0
SYSCO CORP	COM	871829107	4,754	67,200	SH		SOLE		0	67,200	0
T-MOBILE US INC	COM	872590104	765	5,700	SH		SOLE		0	5,700	0
TARGET CORP	COM	87612E106	356	2,400	SH		SOLE		0	2,400	0
TC ENERGY CORP	COM	87807B107	133,918	2,410,760	SH		SOLE		0	2,410,760	0
TECK RESOURCES LTD	CL B	878742204	6,888	164,436	SH		SOLE		0	164,436	0
TELUS CORPORATION	COM	87971M103	82,736	3,019,561	SH		SOLE		0	3,019,561	0
TELUS INTL CDA INC	SUB VTG SHS	87975H100	7,320	204,590	SH		SOLE		0	199,990	0
TESLA INC	COM	88160R101	2,228	8,400	SH		SOLE		0	8,400	0
TEXAS INSTRS INC	COM	882508104	6,067	39,200	SH		SOLE		0	39,200	0
TEXTRON INC	COM	883203101	2,447	42,000	SH		SOLE		0	42,000	0
TFI INTL INC	COM	87241L109	11,822	94,663	SH		SOLE		0	94,663	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,370	2,700	SH		SOLE		0	2,700	0
THOMSON REUTERS CORP.	COM NEW	884903709	49,123	347,330	SH		SOLE		0	347,330	0
TJX COS INC NEW	COM	872540109	721	11,600	SH		SOLE		0	11,600	0
TORONTO DOMINION BK ONT	COM NEW	891160509	139,916	1,653,851	SH		SOLE		0	1,653,851	0
TRANSALTA CORP	COM	89346D107	43,703	3,591,050	SH		SOLE		0	3,591,050	0
TRICON RESIDENTIAL INC	COM NPV	89612W102	7,644	641,807	SH		SOLE		0	641,807	0
TRUIST FINL CORP	COM	89832Q109	3,994	91,700	SH		SOLE		0	91,700	0
TYSON FOODS INC	CL A	902494103	3,338	50,600	SH		SOLE		0	50,600	0
UNITED PARCEL SERVICE INC	CL B	911312106	7,032	43,500	SH		SOLE		0	43,500	0
UNITED RENTALS INC	COM	911363109	541	2,000	SH		SOLE		0	2,000	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,416	2,800	SH		SOLE		0	2,800	0
V F CORP	COM	918204108	1,309	43,700	SH		SOLE		0	43,700	0
VERIZON COMMUNICATIONS INC	COM	92343V104	12,043	317,000	SH		SOLE		0	317,000	0
VERMILION ENERGY INC	COM	923725105	10,439	353,140	SH		SOLE		0	353,140	0
VISA INC	COM CL A	92826C839	782	4,400	SH		SOLE		0	4,400	0
WALMART INC	COM	931142103	3,621	27,900	SH		SOLE		0	27,900	0
WARNER BROS DISCOVERY INC	COM SER A	934423104	1,746	151,717	SH		SOLE		0	151,717	0
WASTE CONNECTIONS INC	COM	94106B101	1,855	9,967	SH		SOLE		0	9,967	0
WELLS FARGO CO NEW	COM	949746101	5,587	138,800	SH		SOLE		0	138,800	0
WEST FRASER TIMBER CO LTD	COM	952845105	2,066	20,720	SH		SOLE		0	20,720	0
WESTROCK CO	COM	96145D105	3,086	99,900	SH		SOLE		0	99,900	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	2,267	79,300	SH		SOLE		0	79,300	0
WILLIAMS COS INC	COM	969457100	2,860	99,900	SH		SOLE		0	99,900	0
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	393	6,400	SH		SOLE		0	6,400	0
ZOETIS INC	CL A	98978V103	757	5,100	SH		SOLE		0	5,100	0