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
Estimated average burden
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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
ABBOTT LABS	COM	002824100	5,912,479	56,900	SH		SOLE		56,900	0	0
ABBVIE INC	COM	00287Y109	17,740,314	103,430	SH		SOLE		103,430	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	1,134,753	3,740	SH		SOLE		3,740	0	0
ADOBE INC	COM	00724F101	1,372,184	2,470	SH		SOLE		2,470	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	162	1	SH		SOLE		1	0	0
AES CORP	COM	00130H105	6,518,646	371,010	SH		SOLE		371,010	0	0
AIR PRODS & CHEMS INC	COM	009158106	8,407,269	32,580	SH		SOLE		32,580	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	437,789	4,860	SH		SOLE		4,860	0	0
ALAMOS GOLD INC NEW	COM CL A	011532108	12,480,428	795,700	SH		SOLE		547,400	0	248,300
ALBERTSONS COS INC	COMMON STOCK	013091103	126,400	6,400	SH		SOLE		6,400	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	1,052,730	9,000	SH		SOLE		9,000	0	0
ALGOMA STL GROUP INC	COM	015658107	8,447,501	1,217,900	SH		SOLE		1,035,500	0	182,400
ALGONQUIN PWR UTILS CORP	COM	015857105	32,867,622	5,593,219	SH		SOLE		5,593,219	0	0
ALLSTATE CORP	COM	020002101	1,037,790	6,500	SH		SOLE		6,500	0	0
ALPHABET INC	CAP STK CL C	02079K107	1,797,516	9,800	SH		SOLE		9,800	0	0
ALPHABET INC	CAP STK CL A	02079K305	4,714,042	25,880	SH		SOLE		25,880	0	0
ALTRIA GROUP INC	COM	02209S103	10,061,995	220,900	SH		SOLE		220,900	0	0
AMAZON COM INC	COM	023135106	5,751,120	29,760	SH		SOLE		29,760	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	756,506	10,190	SH		SOLE		10,190	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	6,084,094	31,300	SH		SOLE		31,300	0	0
AMGEN INC	COM	031162100	7,904,985	25,300	SH		SOLE		25,300	0	0
ANALOG DEVICES INC	COM	032654105	1,264,560	5,540	SH		SOLE		5,540	0	0
APPLE INC	COM	037833100	9,052,448	42,980	SH		SOLE		42,980	0	0
AT&T INC	COM	00206R102	16,790,046	878,600	SH		SOLE		878,600	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	7,470,997	31,300	SH		SOLE		31,300	0	0
AVALONBAY CMNTYS INC	COM	053484101	5,958,432	28,800	SH		SOLE		28,800	0	0
B2GOLD CORP	COM	11777Q209	33,709,548	12,567,140	SH		SOLE		12,160,640	0	406,500
BAKER HUGHES COMPANY	CL A	05722G100	1,725,089	49,050	SH		SOLE		49,050	0	0
BANK AMERICA CORP	COM	060505104	7,265,979	182,700	SH		SOLE		182,700	0	0
BANK MONTREAL QUE	COM	063671101	28,544,764	340,111	SH		SOLE		293,251	0	46,860
BANK NEW YORK MELLON CORP	COM	064058100	1,766,755	29,500	SH		SOLE		29,500	0	0
BANK NOVA SCOTIA HALIFAX	COM	064149107	48,230,509	1,054,474	SH		SOLE		1,026,574	0	27,900
BARRICK GOLD CORP	COM	067901108	54,106,684	3,244,030	SH		SOLE		2,725,830	0	518,200
BAXTER INTL INC	COM	071813109	4,777,664	142,830	SH		SOLE		142,830	0	0
BAYTEX ENERGY CORP	COM	07317Q105	3,370,867	973,000	SH		SOLE		973,000	0	0
BCE INC	COM NEW	05534B760	26,480,423	817,660	SH		SOLE		817,660	0	0
BECTON DICKINSON & CO	COM	075887109	3,662,236	15,670	SH		SOLE		15,670	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,871,280	4,600	SH		SOLE		4,600	0	0
BIOGEN INC	COM	09062X103	818,325	3,530	SH		SOLE		3,530	0	0
BLACKBERRY LTD	COM	09228F103	2,862,057	1,144,990	SH		SOLE		863,198	0	281,792
BLACKROCK INC	COM	09247X101	8,070,030	10,250	SH		SOLE		10,250	0	0
BOEING CO	COM	097023105	1,183,065	6,500	SH		SOLE		6,500	0	0
BOSTON PROPERTIES INC	COM	101121101	2,637,230	42,840	SH		SOLE		42,840	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	762,399	9,900	SH		SOLE		9,900	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	11,802,826	284,200	SH		SOLE		284,200	0	0
BROADCOM INC	COM	11135F101	1,444,977	900	SH		SOLE		900	0	0
BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	113004105	4,825,070	126,760	SH		SOLE		64,060	0	62,700
BROOKFIELD BUSINESS PARTNERS	UNIT LTD L P	00BYNDNQ0	0	0	SH		SOLE		0	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	13,274,310	319,190	SH		SOLE		196,815	0	122,375
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	00B2NR6V4	59,493,051	2,166,003	SH		SOLE		2,063,496	0	102,507
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	1,652,576	49,100	SH		SOLE		49,100	0	0
BROOKFIELD RENEWABLE PARTNER	PARTNERSHIP UNIT	00B712JY0	3,369,661	136,200	SH		SOLE		136,200	0	0
CAESARS ENTERTAINMENT INC NE	COM	12769G100	536,490	13,500	SH		SOLE		13,500	0	0
CAMECO CORP	COM	13321L108	10,259,339	208,540	SH		SOLE		144,240	0	64,300
CANADIAN IMPERIAL BK COMM TO	COM	136069101	98,851,705	2,079,153	SH		SOLE		1,895,353	0	183,800
CANADIAN NAT RES LTD	COM	136385101	29,602,353	831,150	SH		SOLE		703,950	0	127,200
CANADIAN NATL RY CO	COM	136375102	57,316,989	485,099	SH		SOLE		409,691	0	75,408
CANADIAN PACIFIC KANSAS CITY	COM	13646K108	18,428,958	234,031	SH		SOLE		139,431	0	94,600
CAPITAL ONE FINL CORP	COM	14040H105	393,198	2,840	SH		SOLE		2,840	0	0
CARDINAL HEALTH INC	COM	14149Y108	2,222,032	22,600	SH		SOLE		22,600	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	323,669	17,290	SH		SOLE		17,290	0	0
CASELLA WASTE SYS INC	CL A	147448104	520,905	5,250	SH		SOLE		5,250	0	0
CELSIUS HLDGS INC	COM NEW	15118V207	288,875	5,060	SH		SOLE		5,060	0	0
CENOVUS ENERGY INC	COM	15135U109	43,255,342	2,200,891	SH		SOLE		1,941,419	0	259,472
CENTERRA GOLD INC	COM	152006102	1,623,885	241,500	SH		SOLE		241,500	0	0
CGI INC	CL A SUB VTG	12532H104	11,222,310	112,445	SH		SOLE		71,145	0	41,300
CHEVRON CORP NEW	COM	166764100	9,815,355	62,750	SH		SOLE		62,750	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	595,175	9,500	SH		SOLE		9,500	0	0
CISCO SYS INC	COM	17275R102	14,078,638	296,330	SH		SOLE		296,330	0	0
CITIGROUP INC	COM NEW	172967424	4,404,759	69,410	SH		SOLE		69,410	0	0
COCA COLA CO	COM	191216100	10,171,270	159,800	SH		SOLE		159,800	0	0
COLGATE PALMOLIVE CO	COM	194162103	1,824,352	18,800	SH		SOLE		18,800	0	0
COLLIERS INTL GROUP INC	SUB VTG SHS	194693107	6,969,671	62,420	SH		SOLE		45,020	0	17,400
COMCAST CORP NEW	CL A	20030N101	13,144,054	335,650	SH		SOLE		335,650	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	1,005,965	3,910	SH		SOLE		3,910	0	0
CONSTELLATION ENERGY CORP	COM	21037T109	401	2	SH		SOLE		2	0	0
CORNING INC	COM	219350105	6,193,079	159,410	SH		SOLE		159,410	0	0
CORPAY INC	COM SHS	219948106	586,102	2,200	SH		SOLE		2,200	0	0
CORTEVA INC	COM	22052L104	375,422	6,960	SH		SOLE		6,960	0	0
COTERRA ENERGY INC	COM	127097103	5,229,987	196,100	SH		SOLE		196,100	0	0
CRONOS GROUP INC	COM	22717L101	465,816	199,790	SH		SOLE		122,900	0	76,890
CROWN CASTLE INC	COM	22822V101	9,330,350	95,500	SH		SOLE		95,500	0	0
CSX CORP	COM	126408103	5,216,193	155,940	SH		SOLE		155,940	0	0
CUMMINS INC	COM	231021106	664,632	2,400	SH		SOLE		2,400	0	0
CVS HEALTH CORP	COM	126650100	4,819,296	81,600	SH		SOLE		81,600	0	0
DEERE & CO	COM	244199105	489,455	1,310	SH		SOLE		1,310	0	0
DENISON MINES CORP	COM	248356107	5,297,160	2,645,100	SH		SOLE		1,620,000	0	1,025,100
DESCARTES SYS GROUP INC	COM	249906108	61,034	630	SH		SOLE		630	0	0
DIGITAL RLTY TR INC	COM	253868103	1,170,785	7,700	SH		SOLE		7,700	0	0
DISNEY WALT CO	COM	254687106	757,583	7,630	SH		SOLE		7,630	0	0
DOLLAR TREE INC	COM	256746108	954,524	8,940	SH		SOLE		8,940	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	4,470,258	44,600	SH		SOLE		44,600	0	0
DUPONT DE NEMOURS INC	COM	26614N102	5,189,190	64,470	SH		SOLE		64,470	0	0
E L F BEAUTY INC	COM	26856L103	545,765	2,590	SH		SOLE		2,590	0	0
EASTMAN CHEM CO	COM	277432100	3,705,225	37,820	SH		SOLE		37,820	0	0
ECOLAB INC	COM	278865100	0	0	SH		SOLE		0	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	152,411	1,650	SH		SOLE		1,650	0	0
ELI LILLY & CO	COM	532457108	1,828,868	2,020	SH		SOLE		2,020	0	0
EMERSON ELEC CO	COM	291011104	7,831,274	71,090	SH		SOLE		71,090	0	0
ENBRIDGE INC	COM	29250N105	72,961,780	2,051,085	SH		SOLE		1,859,185	0	191,900
EOG RES INC	COM	26875P101	4,732,712	37,600	SH		SOLE		37,600	0	0
EQUINIX INC	COM	29444U700	2,511,912	3,320	SH		SOLE		3,320	0	0
EQUINOX GOLD CORP	COM	29446Y502	576,126	110,400	SH		SOLE		67,700	0	42,700
EXELON CORP	COM	30161N101	6,710,879	193,900	SH		SOLE		193,900	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	2,424,396	15,600	SH		SOLE		15,600	0	0
EXXON MOBIL CORP	COM	30231G102	4,881,088	42,400	SH		SOLE		42,400	0	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	4,281,128	42,400	SH		SOLE		42,400	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	4,159,872	55,200	SH		SOLE		55,200	0	0
FORD MTR CO DEL	COM	345370860	6,361,667	507,310	SH		SOLE		507,310	0	0
FORTIS INC	COM	349553107	3,353,728	86,300	SH		SOLE		86,300	0	0
FRANCO NEV CORP	COM	351858105	10,978,908	92,610	SH		SOLE		63,810	0	28,800
FREEPORT-MCMORAN INC	CL B	35671D857	374,220	7,700	SH		SOLE		7,700	0	0
GEN DIGITAL INC	COM	668771108	4,726,216	189,200	SH		SOLE		189,200	0	0
GENUINE PARTS CO	COM	372460105	4,462,480	32,262	SH		SOLE		32,262	0	0
GFL ENVIRONMENTAL INC	SUB VTG SHS	36168Q104	1,433,054	36,800	SH		SOLE		36,800	0	0
GILDAN ACTIVEWEAR INC	COM	375916103	33,416,371	881,100	SH		SOLE		788,100	0	93,000
GILEAD SCIENCES INC	COM	375558103	9,584,817	139,700	SH		SOLE		139,700	0	0
GLOBAL PMTS INC	COM	37940X102	582,134	6,020	SH		SOLE		6,020	0	0
GLOBUS MED INC	CL A	379577208	267,111	3,900	SH		SOLE		3,900	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	2,080,672	4,600	SH		SOLE		4,600	0	0
GRAN TIERRA ENERGY INC	COM	38500T200	695,773	71,900	SH		SOLE		44,100	0	27,800
GRANITE REAL ESTATE INVT TR	UNIT 99/99/9999	387437114	24,774,416	500,020	SH		SOLE		500,020	0	0
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	764,065	15,130	SH		SOLE		15,130	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	4,647,160	237,100	SH		SOLE		237,100	0	0
HERSHEY CO	COM	427866108	5,625,198	30,600	SH		SOLE		30,600	0	0
HOME DEPOT INC	COM	437076102	18,063,994	52,475	SH		SOLE		52,475	0	0
HONEYWELL INTL INC	COM	438516106	7,990,667	37,420	SH		SOLE		37,420	0	0
HUDBAY MINERALS INC	COM	443628102	7,465,822	825,100	SH		SOLE		507,900	0	317,200
HUMANA INC	COM	444859102	709,935	1,900	SH		SOLE		1,900	0	0
IAMGOLD CORP	COM	450913108	4,933,002	1,313,100	SH		SOLE		809,300	0	503,800
IMPERIAL OIL LTD	COM NEW	453038408	0	0	SH		SOLE		0	0	0
INSULET CORP	COM	45784P101	817,290	4,050	SH		SOLE		4,050	0	0
INTEL CORP	COM	458140100	816,989	26,380	SH		SOLE		26,380	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	455,844	3,330	SH		SOLE		3,330	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	7,229,310	41,800	SH		SOLE		41,800	0	0
IQVIA HLDGS INC	COM	46266C105	551,858	2,610	SH		SOLE		2,610	0	0
JACOBS SOLUTIONS INC	COM	46982L108	542,075	3,880	SH		SOLE		3,880	0	0
JOHNSON & JOHNSON	COM	478160104	10,887,312	74,489	SH		SOLE		74,489	0	0
JOHNSON CTLS INTL PLC	SHS	00BY7QL61	5,233,848	78,740	SH		SOLE		78,740	0	0
JPMORGAN CHASE & CO.	COM	46625H100	9,566,898	47,300	SH		SOLE		47,300	0	0
KENVUE INC	COM	49177J102	2,950,669	162,303	SH		SOLE		162,303	0	0
KEURIG DR PEPPER INC	COM	49271V100	7,418,140	222,100	SH		SOLE		222,100	0	0
KEYCORP	COM	493267108	4,044,877	284,650	SH		SOLE		284,650	0	0
KIMBERLY-CLARK CORP	COM	494368103	4,787,248	34,640	SH		SOLE		34,640	0	0
KLA CORP	COM NEW	482480100	1,269,745	1,540	SH		SOLE		1,540	0	0
KONTOOR BRANDS INC	COM	50050N103	1,706,670	25,800	SH		SOLE		25,800	0	0
KRAFT HEINZ CO	COM	500754106	1,823,652	56,600	SH		SOLE		56,600	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	5,843,572	26,020	SH		SOLE		26,020	0	0
LAMB WESTON HLDGS INC	COM	513272104	4,690,823	55,790	SH		SOLE		55,790	0	0
LAUDER ESTEE COS INC	CL A	518439104	2,550,408	23,970	SH		SOLE		23,970	0	0
LEGGETT & PLATT INC	COM	524660107	0	0	SH		SOLE		0	0	0
LIGHTSPEED COMMERCE INC	SUB VTG SHS	53229C107	117,405	8,590	SH		SOLE		8,590	0	0
LITHIUM AMERICAS ARGENTINA C	COM SHS	53681K100	1,103,862	346,400	SH		SOLE		212,000	0	134,400
LOCKHEED MARTIN CORP	COM	539830109	0	0	SH		SOLE		0	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	00B3SPXZ3	5,299,564	55,400	SH		SOLE		55,400	0	0
MAG SILVER CORP	COM	55903Q104	3,151,150	269,800	SH		SOLE		165,003	0	104,797
MAGNA INTL INC	COM	559222401	10,717,869	255,741	SH		SOLE		255,741	0	0
MANULIFE FINL CORP	COM	56501R106	93,957,954	3,528,775	SH		SOLE		3,158,475	0	370,300
MARTIN MARIETTA MATLS INC	COM	573284106	4,388,580	8,100	SH		SOLE		8,100	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	2,117,568	4,800	SH		SOLE		4,800	0	0
MCDONALDS CORP	COM	580135101	11,457,861	44,961	SH		SOLE		44,961	0	0
MEDTRONIC PLC	SHS	00BTN1Y11	3,266,465	41,500	SH		SOLE		41,500	0	0
MERCK & CO INC	COM	58933Y105	17,735,588	143,260	SH		SOLE		143,260	0	0
META PLATFORMS INC	CL A	30303M102	2,722,788	5,400	SH		SOLE		5,400	0	0
METHANEX CORP	COM	59151K108	14,236,329	294,900	SH		SOLE		294,900	0	0
METLIFE INC	COM	59156R108	565,030	8,050	SH		SOLE		8,050	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	5,517,450	60,300	SH		SOLE		60,300	0	0
MICRON TECHNOLOGY INC	COM	595112103	473,508	3,600	SH		SOLE		3,600	0	0
MICROSOFT CORP	COM	594918104	14,525,875	32,500	SH		SOLE		32,500	0	0
MOLINA HEALTHCARE INC	COM	60855R100	532,167	1,790	SH		SOLE		1,790	0	0
MONDELEZ INTL INC	CL A	609207105	8,376,320	128,000	SH		SOLE		128,000	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	598,501	11,982	SH		SOLE		11,982	0	0
MORGAN STANLEY	COM NEW	617446448	9,952,256	102,400	SH		SOLE		102,400	0	0
NETFLIX INC	COM	64110L106	269,952	400	SH		SOLE		400	0	0
NEW GOLD INC CDA	COM	644535106	4,202,149	2,129,400	SH		SOLE		1,310,900	0	818,500
NEXTERA ENERGY INC	COM	65339F101	14,795,750	208,950	SH		SOLE		208,950	0	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	4,112,596	213,300	SH		SOLE		131,300	0	82,000
NORTHROP GRUMMAN CORP	COM	666807102	5,279,355	12,110	SH		SOLE		12,110	0	0
NUTRIEN LTD	COM	67077M108	45,600,286	895,769	SH		SOLE		825,012	0	70,757
NUVEI CORPORATION	SUB VTG SHS	67079A102	4,631,143	143,000	SH		SOLE		143,000	0	0
NVIDIA CORPORATION	COM	67066G104	8,277,180	67,000	SH		SOLE		67,000	0	0
OBSIDIAN ENERGY LTD	COM	674482203	4,061,722	542,700	SH		SOLE		333,700	0	209,000
OCCIDENTAL PETE CORP	COM	674599105	3,196,251	50,710	SH		SOLE		50,710	0	0
ON SEMICONDUCTOR CORP	COM	682189105	805,463	11,750	SH		SOLE		11,750	0	0
OPEN TEXT CORP	COM	683715106	10,551,933	351,440	SH		SOLE		351,440	0	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	1,748,358	112,200	SH		SOLE		68,408	0	43,792
PARKER-HANNIFIN CORP	COM	701094104	1,082,433	2,140	SH		SOLE		2,140	0	0
PEMBINA PIPELINE CORP	COM	706327103	40,030,504	1,078,994	SH		SOLE		975,294	0	103,700
PEPSICO INC	COM	713448108	14,744,742	89,400	SH		SOLE		89,400	0	0
PERFORMANCE FOOD GROUP CO	COM	71377A103	171,886	2,600	SH		SOLE		2,600	0	0
PFIZER INC	COM	717081103	11,841,136	423,200	SH		SOLE		423,200	0	0
PHILIP MORRIS INTL INC	COM	718172109	19,697,539	194,390	SH		SOLE		194,390	0	0
PRIMO WATER CORPORATION	COM	74167P108	21,020,255	961,870	SH		SOLE		881,270	0	80,600
PROCTER AND GAMBLE CO	COM	742718109	16,195,144	98,200	SH		SOLE		98,200	0	0
PROLOGIS INC.	COM	74340W103	12,730,339	113,350	SH		SOLE		113,350	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	5,372,730	72,900	SH		SOLE		72,900	0	0
QUALCOMM INC	COM	747525103	8,749,977	43,930	SH		SOLE		43,930	0	0
R1 RCM INC	COM	77634L105	621,218	49,460	SH		SOLE		49,460	0	0
RAYMOND JAMES FINL INC	COM	754730109	815,826	6,600	SH		SOLE		6,600	0	0
RB GLOBAL INC	COM	74935Q107	56,364,953	739,108	SH		SOLE		687,338	0	51,770
REALTY INCOME CORP	COM	756109104	3,480,838	65,900	SH		SOLE		65,900	0	0
REGENCY CTRS CORP	COM	758849103	5,078,630	81,650	SH		SOLE		81,650	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	53,353,546	757,244	SH		SOLE		680,941	0	76,303
ROGERS COMMUNICATIONS INC	CL B	775109200	73,752,070	1,994,221	SH		SOLE		1,863,421	0	130,800
ROYAL BK CDA	COM	780087102	70,488,341	662,150	SH		SOLE		485,052	0	177,098
RTX CORPORATION	COM	75513E101	10,109,273	100,700	SH		SOLE		100,700	0	0
S&P GLOBAL INC	COM	78409V104	1,007,960	2,260	SH		SOLE		2,260	0	0
SALESFORCE INC	COM	79466L302	1,496,322	5,820	SH		SOLE		5,820	0	0
SANDSTORM GOLD LTD	COM NEW	80013R206	239,807	44,100	SH		SOLE		27,000	0	17,100
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	804,830	4,100	SH		SOLE		4,100	0	0
SCHLUMBERGER LTD	COM STK	806857108	4,274,980	90,610	SH		SOLE		90,610	0	0
SCHWAB CHARLES CORP	COM	808513105	784,062	10,640	SH		SOLE		10,640	0	0
SEMPRA	COM	816851109	4,274,572	56,200	SH		SOLE		56,200	0	0
SERVICENOW INC	COM	81762P102	1,305,872	1,660	SH		SOLE		1,660	0	0
SHOPIFY INC	CL A	82509L107	31,473,940	476,304	SH		SOLE		301,213	0	175,091
SKECHERS U S A INC	CL A	830566105	700,186	10,130	SH		SOLE		10,130	0	0
SKEENA RES LTD NEW	COM	83056P715	1,541,684	287,375	SH		SOLE		172,737	0	114,638
SMUCKER J M CO	COM NEW	832696405	4,263,464	39,100	SH		SOLE		39,100	0	0
SOLARIS RES INC	COM NEW	83419D201	1,475,846	528,600	SH		SOLE		325,500	0	203,100
SOUTHERN CO	COM	842587107	10,084,100	130,000	SH		SOLE		130,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	5,978,257	10,985	SH		SOLE		10,985	0	0
SPDR SER TR	GLB DOW ETF	78464A706	9,386,840	73,266	SH		SOLE		73,266	0	0
SPROTT INC	COM NEW	852066208	576,339	13,900	SH		SOLE		13,900	0	0
SSR MINING IN	COM	784730103	9,120,310	2,019,160	SH		SOLE		1,787,360	0	231,800
STARBUCKS CORP	COM	855244109	4,159,526	53,430	SH		SOLE		53,430	0	0
STATE STR CORP	COM	857477103	5,413,840	73,160	SH		SOLE		73,160	0	0
SUN LIFE FINANCIAL INC.	COM	866796105	49,908,657	1,017,964	SH		SOLE		961,664	0	56,300
SUNCOR ENERGY INC NEW	COM	867224107	78,743,908	2,065,914	SH		SOLE		1,858,788	0	207,126
SYNOPSYS INC	COM	871607107	678,368	1,140	SH		SOLE		1,140	0	0
TARGET CORP	COM	87612E106	6,581,562	44,458	SH		SOLE		44,458	0	0
TC ENERGY CORP	COM	87807B107	51,216,924	1,351,234	SH		SOLE		1,314,034	0	37,200
TECK RESOURCES LTD	CL B	878742204	5,157,064	107,625	SH		SOLE		66,740	0	40,885
TELUS CORPORATION	COM	87971M103	75,645,220	4,997,479	SH		SOLE		4,781,279	0	216,200
TESLA INC	COM	88160R101	1,187,280	6,000	SH		SOLE		6,000	0	0
TEXAS INSTRS INC	COM	882508104	11,905,236	61,200	SH		SOLE		61,200	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,305,080	2,360	SH		SOLE		2,360	0	0
TJX COS INC NEW	COM	872540109	264,240	2,400	SH		SOLE		2,400	0	0
T-MOBILE US INC	COM	872590104	879,138	4,990	SH		SOLE		4,990	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	139,892,446	2,545,224	SH		SOLE		2,231,150	0	314,074
TRANSALTA CORP	COM	89346D107	13,557,101	1,912,250	SH		SOLE		1,843,950	0	68,300
TRIPLE FLAG PRECIOUS METAL	COM	89679M104	868,528	56,000	SH		SOLE		56,000	0	0
TRUIST FINL CORP	COM	89832Q109	7,329,441	188,660	SH		SOLE		188,660	0	0
UNION PAC CORP	COM	907818108	7,941,726	35,100	SH		SOLE		35,100	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	11,476,241	83,860	SH		SOLE		83,860	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,772,225	3,480	SH		SOLE		3,480	0	0
US BANCORP DEL	COM NEW	902973304	3,755,620	94,600	SH		SOLE		94,600	0	0
VALERO ENERGY CORP	COM	91913Y100	3,378,178	21,550	SH		SOLE		21,550	0	0
VENTAS INC	COM	92276F100	2,839,804	55,400	SH		SOLE		55,400	0	0
VERALTO CORP	COM SHS	92338C103	95	1	SH		SOLE		1	0	0
VEREN INC	COM NEW	92340V107	29,343,611	3,720,846	SH		SOLE		3,720,846	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	12,990,600	315,000	SH		SOLE		315,000	0	0
VERMILION ENERGY INC	COM	923725105	7,807,380	709,300	SH		SOLE		669,300	0	40,000
VICI PPTYS INC	COM	925652109	5,933,349	207,170	SH		SOLE		207,170	0	0
VISA INC	COM CL A	92826C839	262,470	1,000	SH		SOLE		1,000	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,566,559	212,200	SH		SOLE		212,200	0	0
WALMART INC	COM	931142103	1,105,704	16,330	SH		SOLE		16,330	0	0
WASTE CONNECTIONS INC	COM	94106B101	23,965,632	136,607	SH		SOLE		90,007	0	46,600
WEC ENERGY GROUP INC	COM	92939U106	7,402,701	94,350	SH		SOLE		94,350	0	0
WELLS FARGO CO NEW	COM	949746101	9,837,954	165,650	SH		SOLE		165,650	0	0
WEST FRASER TIMBER CO LTD	COM	952845105	3,355,912	43,700	SH		SOLE		43,700	0	0
WHEATON PRECIOUS METALS CORP	COM	962879102	4,673,827	89,150	SH		SOLE		48,250	0	40,900
WILLIAMS COS INC	COM	969457100	4,118,250	96,900	SH		SOLE		96,900	0	0
WILLIS TOWERS WATSON PLC LTD	SHS	00BDB6Q21	760,206	2,900	SH		SOLE		2,900	0	0
XCEL ENERGY INC	COM	98389B100	5,989,932	112,150	SH		SOLE		112,150	0	0