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	71,000	550	SH		SOLE		550	0	0
ABBOTT LABS	COM	002824100	11,130,024	98,400	SH		SOLE		98,400	0	0
ABBVIE INC	COM	00287Y109	19,760,240	111,200	SH		SOLE		111,200	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	10,993,438	31,250	SH		SOLE		31,250	0	0
ADOBE INC	COM	00724F101	1,111,700	2,500	SH		SOLE		2,500	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	471,202	3,901	SH		SOLE		3,901	0	0
AES CORP	COM	00130H105	5,348,772	415,600	SH		SOLE		415,600	0	0
AGNICO EAGLE MINES LTD	COM	008474108	18,763,802	239,870	SH		SOLE		192,470	0	47,400
AIR PRODS & CHEMS INC	COM	009158106	5,742,792	19,800	SH		SOLE		19,800	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	1,004,325	10,500	SH		SOLE		10,500	0	0
ALAMOS GOLD INC NEW	COM CL A	011532108	16,649,317	902,560	SH		SOLE		711,560	0	191,000
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	4,419,015	45,300	SH		SOLE		45,300	0	0
ALGOMA STL GROUP INC	COM	015658107	11,506,689	1,174,900	SH		SOLE		1,001,359	0	173,541
ALGONQUIN PWR UTILS CORP	COM	015857105	23,649,109	5,329,019	SH		SOLE		5,329,019	0	0
ALLSTATE CORP	COM	020002101	1,831,505	9,500	SH		SOLE		9,500	0	0
ALPHABET INC	CAP STK CL C	02079K107	1,523,520	8,000	SH		SOLE		8,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	28,300,350	149,500	SH		SOLE		149,500	0	0
ALTRIA GROUP INC	COM	02209S103	10,567,809	202,100	SH		SOLE		202,100	0	0
AMAZON COM INC	COM	023135106	6,581,700	30,000	SH		SOLE		30,000	0	0
AMENTUM HOLDINGS INC	COM	023939101	206,094	9,800	SH		SOLE		9,800	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	1,092,000	15,000	SH		SOLE		15,000	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	2,017,510	11,000	SH		SOLE		11,000	0	0
AMGEN INC	COM	031162100	9,669,744	37,100	SH		SOLE		37,100	0	0
ANALOG DEVICES INC	COM	032654105	7,308,624	34,400	SH		SOLE		34,400	0	0
APPLE INC	COM	037833100	28,192,284	112,580	SH		SOLE		112,580	0	0
APPLIED MATLS INC	COM	038222105	4,651,218	28,600	SH		SOLE		28,600	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	70,728	1,400	SH		SOLE		1,400	0	0
ASSURANT INC	COM	04621X108	63,966	300	SH		SOLE		300	0	0
AT&T INC	COM	00206R102	11,815,353	518,900	SH		SOLE		518,900	0	0
ATS CORPORATION	COM	00217Y104	11,958,609	392,160	SH		SOLE		319,160	0	73,000
AUTOMATIC DATA PROCESSING IN	COM	053015103	175,638	600	SH		SOLE		600	0	0
AVALONBAY CMNTYS INC	COM	053484101	6,269,145	28,500	SH		SOLE		28,500	0	0
B2GOLD CORP	COM	11777Q209	17,039,674	6,959,400	SH		SOLE		6,959,400	0	0
BANK AMERICA CORP	COM	060505104	8,157,120	185,600	SH		SOLE		185,600	0	0
BANK MONTREAL QUE	COM	063671101	77,407,953	797,460	SH		SOLE		712,200	0	85,260
BANK NOVA SCOTIA HALIFAX	COM	064149107	65,605,030	1,221,882	SH		SOLE		1,159,760	0	62,122
BARRICK GOLD CORP	COM	067901108	22,760,871	1,468,020	SH		SOLE		1,358,820	0	109,200
BAUSCH HEALTH COS INC	COM	071734107	2,111,992	261,300	SH		SOLE		148,600	0	112,700
BAYTEX ENERGY CORP	COM	07317Q105	1,764,491	685,600	SH		SOLE		685,600	0	0
BCE INC	COM NEW	05534B760	45,084,963	1,945,270	SH		SOLE		1,905,670	0	39,600
BECTON DICKINSON & CO	COM	075887109	4,333,217	19,100	SH		SOLE		19,100	0	0
BERKLEY W R CORP	COM	084423102	64,372	1,100	SH		SOLE		1,100	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,722,464	3,800	SH		SOLE		3,800	0	0
BLACKBERRY LTD	COM	09228F103	4,344,681	1,143,980	SH		SOLE		796,788	0	347,192
BLACKROCK INC	COM	09290D101	9,072,224	8,850	SH		SOLE		8,850	0	0
BOEING CO	COM	097023105	1,398,300	7,900	SH		SOLE		7,900	0	0
BORGWARNER INC	COM	099724106	5,076,863	159,700	SH		SOLE		159,700	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	437,668	4,900	SH		SOLE		4,900	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	3,156,048	55,800	SH		SOLE		55,800	0	0
BROADCOM INC	COM	11135F101	23,207,184	100,100	SH		SOLE		100,100	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	67,827	300	SH		SOLE		300	0	0
BROOKFIELD BUSINESS PARTNERS	UNIT LTD L P	G16234109	68,382	2,900	SH		SOLE		2,900	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	38,423,630	668,600	SH		SOLE		483,825	0	184,775
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	55,476,710	1,745,974	SH		SOLE		1,633,674	0	112,300
BROOKFIELD INFRASTRUCTURE CO	COM SUB VTG A	11276H106	3,651,014	91,000	SH		SOLE		91,000	0	0
BROOKFIELD RENEWABLE CORP	CL A EX SUB VTG	11285B108	1,912,008	69,100	SH		SOLE		69,100	0	0
BROOKFIELD RENEWABLE PARTNER	PARTNERSHIP UNIT	G16258108	29,498,384	1,295,307	SH		SOLE		1,295,307	0	0
BRP INC	COM SUN VTG	05577W200	147,678	2,900	SH		SOLE		2,900	0	0
C H ROBINSON WORLDWIDE INC	COM NEW	12541W209	0	0	SH		SOLE		0	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	60,092	200	SH		SOLE		200	0	0
CAE INC	COM	124765108	13,762,682	542,080	SH		SOLE		399,180	0	142,900
CAESARS ENTERTAINMENT INC NE	COM	12769G100	648,348	19,400	SH		SOLE		19,400	0	0
CAMECO CORP	COM	13321L108	12,692,172	246,880	SH		SOLE		173,480	0	73,400
CANADIAN IMPERIAL BK COMM	COM	136069101	98,676,301	1,560,123	SH		SOLE		1,402,123	0	158,000
CANADIAN NAT RES LTD	COM	136385101	30,125,242	975,880	SH		SOLE		800,480	0	175,400
CANADIAN NATL RY CO	COM	136375102	42,182,096	415,449	SH		SOLE		386,541	0	28,908
CANADIAN PACIFIC KANSAS CITY	COM	13646K108	15,091,727	208,461	SH		SOLE		124,261	0	84,200
CAPITAL ONE FINL CORP	COM	14040H105	855,936	4,800	SH		SOLE		4,800	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	665,364	26,700	SH		SOLE		26,700	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	1,139,942	16,700	SH		SOLE		16,700	0	0
CDW CORP	COM	12514G108	957,220	5,500	SH		SOLE		5,500	0	0
CENOVUS ENERGY INC	COM	15135U109	39,588,458	2,611,948	SH		SOLE		2,342,676	0	269,272
CENTERRA GOLD INC	COM	152006102	1,522,032	267,500	SH		SOLE		267,500	0	0
CGI INC	CL A SUB VTG	12532H104	4,114,016	37,605	SH		SOLE		24,805	0	12,800
CHEVRON CORP NEW	COM	166764100	10,428,480	72,000	SH		SOLE		72,000	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	1,652,220	27,400	SH		SOLE		27,400	0	0
CINCINNATI FINL CORP	COM	172062101	71,850	500	SH		SOLE		500	0	0
CISCO SYS INC	COM	17275R102	18,115,200	306,000	SH		SOLE		306,000	0	0
CITIGROUP INC	COM NEW	172967424	5,032,885	71,500	SH		SOLE		71,500	0	0
CLOROX CO DEL	COM	189054109	64,964	400	SH		SOLE		400	0	0
CMS ENERGY CORP	COM	125896100	6,378,405	95,700	SH		SOLE		95,700	0	0
COCA COLA CO	COM	191216100	15,328,412	246,200	SH		SOLE		246,200	0	0
COLGATE PALMOLIVE CO	COM	194162103	7,390,983	81,300	SH		SOLE		81,300	0	0
COMCAST CORP NEW	CL A	20030N101	12,643,857	336,900	SH		SOLE		336,900	0	0
CONOCOPHILLIPS	COM	20825C104	5,365,097	54,100	SH		SOLE		54,100	0	0
CONSOLIDATED EDISON INC	COM	209115104	0	0	SH		SOLE		0	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	4,199,000	19,000	SH		SOLE		19,000	0	0
CONSTELLATION ENERGY CORP	COM	21037T109	447	2	SH		SOLE		2	0	0
CORNING INC	COM	219350105	5,797,440	122,000	SH		SOLE		122,000	0	0
CORPAY INC	COM SHS	219948106	1,319,838	3,900	SH		SOLE		3,900	0	0
CORTEVA INC	COM	22052L104	700,608	12,300	SH		SOLE		12,300	0	0
COSTCO WHSL CORP NEW	COM	22160K105	265,718	290	SH		SOLE		290	0	0
COTERRA ENERGY INC	COM	127097103	4,037,874	158,100	SH		SOLE		158,100	0	0
CROWN CASTLE INC	COM	22822V101	10,618,920	117,000	SH		SOLE		117,000	0	0
CUMMINS INC	COM	231021106	69,720	200	SH		SOLE		200	0	0
CVS HEALTH CORP	COM	126650100	12,299,860	274,000	SH		SOLE		274,000	0	0
DAVITA INC	COM	23918K108	0	0	SH		SOLE		0	0	0
DEERE & CO	COM	244199105	1,652,430	3,900	SH		SOLE		3,900	0	0
DELL TECHNOLOGIES INC	CL C	24703L202	0	0	SH		SOLE		0	0	0
DENISON MINES CORP	COM	248356107	4,285,037	2,360,300	SH		SOLE		1,385,700	0	974,600
DEXCOM INC	COM	252131107	933,240	12,000	SH		SOLE		12,000	0	0
DISNEY WALT CO	COM	254687106	1,174,743	10,550	SH		SOLE		10,550	0	0
DOCEBO INC	COM	25609L105	3,165,496	70,600	SH		SOLE		42,100	0	28,500
DOLLAR GEN CORP NEW	COM	256677105	2,168,452	28,600	SH		SOLE		28,600	0	0
DOLLAR TREE INC	COM	256746108	839,328	11,200	SH		SOLE		11,200	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	12,616,354	117,100	SH		SOLE		117,100	0	0
DUPONT DE NEMOURS INC	COM	26614N102	5,055,375	66,300	SH		SOLE		66,300	0	0
E L F BEAUTY INC	COM	26856L103	615,195	4,900	SH		SOLE		4,900	0	0
EASTMAN CHEM CO	COM	277432100	3,214,464	35,200	SH		SOLE		35,200	0	0
EDISON INTL	COM	281020107	6,395,184	80,100	SH		SOLE		80,100	0	0
ELEVANCE HEALTH INC	COM	036752103	1,530,935	4,150	SH		SOLE		4,150	0	0
ELI LILLY & CO	COM	532457108	1,883,680	2,440	SH		SOLE		2,440	0	0
EMERSON ELEC CO	COM	291011104	5,552,064	44,800	SH		SOLE		44,800	0	0
ENBRIDGE INC	COM	29250N105	61,965,816	1,460,173	SH		SOLE		1,251,073	0	209,100
ENTERGY CORP NEW	COM	29364G103	98,566	1,300	SH		SOLE		1,300	0	0
EQUINIX INC	COM	29444U700	4,639,019	4,920	SH		SOLE		4,920	0	0
EQUINOX GOLD CORP	COM	29446Y502	1,614,540	320,600	SH		SOLE		182,600	0	138,000
EQUITY RESIDENTIAL	SH BEN INT	29476L107	70,325	980	SH		SOLE		980	0	0
ERO COPPER CORP	COM	296006109	390,930	29,000	SH		SOLE		16,600	0	12,400
EXELON CORP	COM	30161N101	5,228,196	138,900	SH		SOLE		138,900	0	0
EXPEDITORS INTL WASH INC	COM	302130109	66,462	600	SH		SOLE		600	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	2,333,760	15,600	SH		SOLE		15,600	0	0
EXXON MOBIL CORP	COM	30231G102	5,002,005	46,500	SH		SOLE		46,500	0	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	5,015,360	44,800	SH		SOLE		44,800	0	0
FEDEX CORP	COM	31428X106	56,266	200	SH		SOLE		200	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	3,158,107	39,100	SH		SOLE		39,100	0	0
FORTINET INC	COM	34959E109	66,136	700	SH		SOLE		700	0	0
FORTIS INC	COM	349553107	7,262,410	174,800	SH		SOLE		174,800	0	0
FORTIVE CORP	COM	34959J108	73,500	980	SH		SOLE		980	0	0
FOX CORP	CL B COM	35137L204	73,184	1,600	SH		SOLE		1,600	0	0
FRANCO NEV CORP	COM	351858105	13,029,276	110,890	SH		SOLE		85,890	0	25,000
FREEPORT-MCMORAN INC	CL B	35671D857	506,464	13,300	SH		SOLE		13,300	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	56,770	200	SH		SOLE		200	0	0
GE AEROSPACE	COM NEW	369604301	66,716	400	SH		SOLE		400	0	0
GE HEALTHCARE TECHNOLOGIES I	COMMON STOCK	36266G107	70,362	900	SH		SOLE		900	0	0
GEN DIGITAL INC	COM	668771108	68,450	2,500	SH		SOLE		2,500	0	0
GENUINE PARTS CO	COM	372460105	0	0	SH		SOLE		0	0	0
GILDAN ACTIVEWEAR INC	COM	375916103	49,762,618	1,057,520	SH		SOLE		980,220	0	77,300
GILEAD SCIENCES INC	COM	375558103	4,239,783	45,900	SH		SOLE		45,900	0	0
GLOBAL PMTS INC	COM	37940X102	627,536	5,600	SH		SOLE		5,600	0	0
GLOBE LIFE INC	COM	37959E102	66,912	600	SH		SOLE		600	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	1,889,646	3,300	SH		SOLE		3,300	0	0
GRANITE REAL ESTATE INVT TR	TR UNIT NEW	387437205	30,298,641	624,410	SH		SOLE		605,010	0	19,400
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	891,750	20,500	SH		SOLE		20,500	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	65,640	600	SH		SOLE		600	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	4,435,076	218,800	SH		SOLE		218,800	0	0
HERSHEY CO	COM	427866108	4,098,270	24,200	SH		SOLE		24,200	0	0
HESS CORP	COM	42809H107	6,038,654	45,400	SH		SOLE		45,400	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	68,320	3,200	SH		SOLE		3,200	0	0
HOME DEPOT INC	COM	437076102	17,502,605	44,995	SH		SOLE		44,995	0	0
HONEYWELL INTL INC	COM	438516106	3,297,994	14,600	SH		SOLE		14,600	0	0
HP INC	COM	40434L105	65,260	2,000	SH		SOLE		2,000	0	0
HUDBAY MINERALS INC	COM	443628102	1,419,330	175,000	SH		SOLE		106,071	0	68,929
HUMANA INC	COM	444859102	634,275	2,500	SH		SOLE		2,500	0	0
HUNT J B TRANS SVCS INC	COM	445658107	66,557	390	SH		SOLE		390	0	0
IAMGOLD CORP	COM	450913108	14,126,897	2,733,450	SH		SOLE		2,100,399	0	633,051
INTEL CORP	COM	458140100	0	0	SH		SOLE		0	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	700,347	4,700	SH		SOLE		4,700	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	7,188,441	32,700	SH		SOLE		32,700	0	0
INVITATION HOMES INC	COM	46187W107	67,137	2,100	SH		SOLE		2,100	0	0
IQVIA HLDGS INC	COM	46266C105	1,120,107	5,700	SH		SOLE		5,700	0	0
JABIL INC	COM	466313103	71,950	500	SH		SOLE		500	0	0
JACOBS SOLUTIONS INC	COM	46982L108	988,788	7,400	SH		SOLE		7,400	0	0
JOHNSON & JOHNSON	COM	478160104	12,233,261	84,589	SH		SOLE		84,589	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	3,914,928	49,600	SH		SOLE		49,600	0	0
JPMORGAN CHASE & CO.	COM	46625H100	11,601,964	48,400	SH		SOLE		48,400	0	0
KEYCORP	COM	493267108	5,594,496	326,400	SH		SOLE		326,400	0	0
KIMBERLY-CLARK CORP	COM	494368103	7,351,344	56,100	SH		SOLE		56,100	0	0
KINROSS GOLD CORP	COM	496902404	14,022,213	1,510,040	SH		SOLE		1,303,040	0	207,000
KLA CORP	COM NEW	482480100	1,323,252	2,100	SH		SOLE		2,100	0	0
KRAFT HEINZ CO	COM	500754106	4,726,269	153,900	SH		SOLE		153,900	0	0
KROGER CO	COM	501044101	67,265	1,100	SH		SOLE		1,100	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	546,728	2,600	SH		SOLE		2,600	0	0
LAM RESEARCH CORP	COM NEW	512807306	4,651,612	64,400	SH		SOLE		64,400	0	0
LAUDER ESTEE COS INC	CL A	518439104	509,864	6,800	SH		SOLE		6,800	0	0
LIGHTSPEED COMMERCE INC	SUB VTG SHS	53229C107	26,030,726	1,707,257	SH		SOLE		1,305,550	0	401,707
LITHIUM AMERICAS ARGENTINA C	COM SHS	53681K100	1,264,426	480,900	SH		SOLE		281,900	0	199,000
LOCKHEED MARTIN CORP	COM	539830109	4,081,896	8,400	SH		SOLE		8,400	0	0
LOEWS CORP	COM	540424108	67,752	800	SH		SOLE		800	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	9,157,491	123,300	SH		SOLE		123,300	0	0
MAG SILVER CORP	COM	55903Q104	4,176,376	307,433	SH		SOLE		181,156	0	126,277
MAGNA INTL INC	COM	559222401	17,641,325	422,138	SH		SOLE		422,138	0	0
MANULIFE FINL CORP	COM	56501R106	66,267,031	2,157,355	SH		SOLE		1,981,955	0	175,400
MARATHON PETE CORP	COM	56585A102	69,750	500	SH		SOLE		500	0	0
MARSH & MCLENNAN COS INC	COM	571748102	0	0	SH		SOLE		0	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	619,800	1,200	SH		SOLE		1,200	0	0
MASCO CORP	COM	574599106	66,764	920	SH		SOLE		920	0	0
MCDONALDS CORP	COM	580135101	15,439,831	53,261	SH		SOLE		53,261	0	0
MCKESSON CORP	COM	58155Q103	56,991	100	SH		SOLE		100	0	0
MEDTRONIC PLC	SHS	G5960L103	2,492,256	31,200	SH		SOLE		31,200	0	0
MERCK & CO INC	COM	58933Y105	21,149,448	212,600	SH		SOLE		212,600	0	0
META PLATFORMS INC	CL A	30303M102	10,480,629	17,900	SH		SOLE		17,900	0	0
METHANEX CORP	COM	59151K108	12,875,589	257,700	SH		SOLE		257,700	0	0
METLIFE INC	COM	59156R108	933,432	11,400	SH		SOLE		11,400	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	122,368	100	SH		SOLE		100	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	4,628,145	80,700	SH		SOLE		80,700	0	0
MICRON TECHNOLOGY INC	COM	595112103	530,208	6,300	SH		SOLE		6,300	0	0
MICROSOFT CORP	COM	594918104	30,516,600	72,400	SH		SOLE		72,400	0	0
MODERNA INC	COM	60770K107	419,958	10,100	SH		SOLE		10,100	0	0
MOLINA HEALTHCARE INC	COM	60855R100	58,210	200	SH		SOLE		200	0	0
MONDELEZ INTL INC	CL A	609207105	6,803,247	113,900	SH		SOLE		113,900	0	0
MONOLITHIC PWR SYS INC	COM	609839105	3,668,540	6,200	SH		SOLE		6,200	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	883,113	16,802	SH		SOLE		16,802	0	0
MORGAN STANLEY	COM NEW	617446448	11,050,788	87,900	SH		SOLE		87,900	0	0
NETAPP INC	COM	64110D104	2,983,256	25,700	SH		SOLE		25,700	0	0
NETFLIX INC	COM	64110L106	356,528	400	SH		SOLE		400	0	0
NEW GOLD INC CDA	COM	644535106	4,820,961	1,930,600	SH		SOLE		1,149,500	0	781,100
NEWMONT CORP	COM	651639106	63,274	1,700	SH		SOLE		1,700	0	0
NEXTERA ENERGY INC	COM	65339F101	5,613,327	78,300	SH		SOLE		78,300	0	0
NIKE INC	CL B	654106103	9,375,513	123,900	SH		SOLE		123,900	0	0
NISOURCE INC	COM	65473P105	66,168	1,800	SH		SOLE		1,800	0	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	3,822,802	177,400	SH		SOLE		106,100	0	71,300
NORTHERN TR CORP	COM	665859104	61,500	600	SH		SOLE		600	0	0
NORTHROP GRUMMAN CORP	COM	666807102	4,645,971	9,900	SH		SOLE		9,900	0	0
NUTRIEN LTD	COM	67077M108	38,640,677	863,678	SH		SOLE		823,521	0	40,157
NVIDIA CORPORATION	COM	67066G104	8,245,406	61,400	SH		SOLE		61,400	0	0
OCCIDENTAL PETE CORP	COM	674599105	0	0	SH		SOLE		0	0	0
ON SEMICONDUCTOR CORP	COM	682189105	1,015,105	16,100	SH		SOLE		16,100	0	0
OPEN TEXT CORP	COM	683715106	7,250,613	256,240	SH		SOLE		256,240	0	0
ORACLE CORP	COM	68389X105	4,149,336	24,900	SH		SOLE		24,900	0	0
ORLA MNG LTD NEW	COM	68634K106	3,186,375	575,489	SH		SOLE		337,521	0	237,968
PACKAGING CORP AMER	COM	695156109	67,539	300	SH		SOLE		300	0	0
PARKER-HANNIFIN CORP	COM	701094104	1,717,281	2,700	SH		SOLE		2,700	0	0
PEMBINA PIPELINE CORP	COM	706327103	63,591,398	1,721,374	SH		SOLE		1,619,274	0	102,100
PENTAIR PLC	SHS	G7S00T104	60,384	600	SH		SOLE		600	0	0
PEPSICO INC	COM	713448108	18,642,556	122,600	SH		SOLE		122,600	0	0
PERFORMANCE FOOD GROUP CO	COM	71377A103	202,920	2,400	SH		SOLE		2,400	0	0
PFIZER INC	COM	717081103	19,748,932	744,400	SH		SOLE		744,400	0	0
PHILIP MORRIS INTL INC	COM	718172109	18,955,125	157,500	SH		SOLE		157,500	0	0
PHILLIPS 66	COM	718546104	68,358	600	SH		SOLE		600	0	0
PPG INDS INC	COM	693506107	66,892	560	SH		SOLE		560	0	0
PRIMO BRANDS CORPORATION	CLASS A COM SHS	741623102	4,369,340	142,000	SH		SOLE		142,000	0	0
PROCTER AND GAMBLE CO	COM	742718109	12,204,920	72,800	SH		SOLE		72,800	0	0
PROLOGIS INC.	COM	74340W103	5,179,300	49,000	SH		SOLE		49,000	0	0
PRUDENTIAL FINL INC	COM	744320102	71,118	600	SH		SOLE		600	0	0
PUBLIC STORAGE OPER CO	COM	74460D109	0	0	SH		SOLE		0	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	67,592	800	SH		SOLE		800	0	0
QUALCOMM INC	COM	747525103	3,948,034	25,700	SH		SOLE		25,700	0	0
RAYMOND JAMES FINL INC	COM	754730109	1,273,706	8,200	SH		SOLE		8,200	0	0
RB GLOBAL INC	COM	74935Q107	57,651,613	638,838	SH		SOLE		608,168	0	30,670
REALTY INCOME CORP	COM	756109104	4,262,118	79,800	SH		SOLE		79,800	0	0
REGENCY CTRS CORP	COM	758849103	606,226	8,200	SH		SOLE		8,200	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	356,165	500	SH		SOLE		500	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	40,808,149	626,191	SH		SOLE		626,191	0	0
ROGERS COMMUNICATIONS INC	CL B	775109200	57,517,266	1,871,231	SH		SOLE		1,753,431	0	117,800
ROLLINS INC	COM	775711104	64,890	1,400	SH		SOLE		1,400	0	0
ROSS STORES INC	COM	778296103	2,465,701	16,300	SH		SOLE		16,300	0	0
ROYAL BK CDA	COM	780087102	40,336,850	334,585	SH		SOLE		229,087	0	105,498
RTX CORPORATION	COM	75513E101	11,849,728	102,400	SH		SOLE		102,400	0	0
S&P GLOBAL INC	COM	78409V104	1,344,681	2,700	SH		SOLE		2,700	0	0
SALESFORCE INC	COM	79466L302	9,227,508	27,600	SH		SOLE		27,600	0	0
SANDSTORM GOLD LTD	COM NEW	80013R206	1,511,083	270,200	SH		SOLE		153,700	0	116,500
SANGOMA TECHNOLOGIES CORP	COM NEW	80100R408	1,923,973	276,600	SH		SOLE		167,200	0	109,400
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	1,039,380	5,100	SH		SOLE		5,100	0	0
SCHLUMBERGER LTD	COM STK	806857108	5,992,542	156,300	SH		SOLE		156,300	0	0
SCHWAB CHARLES CORP	COM	808513105	1,058,343	14,300	SH		SOLE		14,300	0	0
SEMPRA	COM	816851109	5,254,428	59,900	SH		SOLE		59,900	0	0
SERVICENOW INC	COM	81762P102	2,014,228	1,900	SH		SOLE		1,900	0	0
SHOPIFY INC	CL A	82509L107	29,064,961	273,124	SH		SOLE		150,943	0	122,181
SIMON PPTY GROUP INC NEW	COM	828806109	0	0	SH		SOLE		0	0	0
SKECHERS U S A INC	CL A	830566105	1,378,420	20,500	SH		SOLE		20,500	0	0
SMUCKER J M CO	COM NEW	832696405	3,898,248	35,400	SH		SOLE		35,400	0	0
SOUTH BOW CORP	COM	83671M105	7,395,794	313,460	SH		SOLE		313,460	0	0
SOUTHERN CO	COM	842587107	3,729,096	45,300	SH		SOLE		45,300	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	6,438,089	10,985	SH		SOLE		10,985	0	0
SPDR SER TR	GLB DOW ETF	78464A706	9,673,310	73,266	SH		SOLE		73,266	0	0
SPROTT INC	COM NEW	852066208	585,624	13,900	SH		SOLE		13,900	0	0
SSR MINING IN	COM	784730103	199,033	28,500	SH		SOLE		25,300	0	3,200
STANTEC INC	COM	85472N109	1,656,810	21,120	SH		SOLE		21,120	0	0
STARBUCKS CORP	COM	855244109	1,688,125	18,500	SH		SOLE		18,500	0	0
STATE STR CORP	COM	857477103	4,691,570	47,800	SH		SOLE		47,800	0	0
SUN LIFE FINANCIAL INC.	COM	866796105	113,453,312	1,911,027	SH		SOLE		1,742,817	0	168,210
SUNCOR ENERGY INC NEW	COM	867224107	76,062,359	2,131,184	SH		SOLE		1,919,558	0	211,626
SUPER MICRO COMPUTER INC	COM NEW	86800U302	67,056	2,200	SH		SOLE		2,200	0	0
SYNOPSYS INC	COM	871607107	922,184	1,900	SH		SOLE		1,900	0	0
SYSCO CORP	COM	871829107	4,862,856	63,600	SH		SOLE		63,600	0	0
TARGET CORP	COM	87612E106	2,460,006	18,198	SH		SOLE		18,198	0	0
TC ENERGY CORP	COM	87807B107	16,253,177	348,804	SH		SOLE		348,804	0	0
TECK RESOURCES LTD	CL B	878742204	3,026,352	74,654	SH		SOLE		45,333	0	29,321
TELUS CORPORATION	COM	87971M103	25,181,327	1,857,462	SH		SOLE		1,857,462	0	0
TESLA INC	COM	88160R101	1,857,664	4,600	SH		SOLE		4,600	0	0
TEXAS INSTRS INC	COM	882508104	11,344,355	60,500	SH		SOLE		60,500	0	0
TFI INTL INC	COM	87241L109	662,036	4,900	SH		SOLE		1,900	0	3,000
THE CIGNA GROUP	COM	125523100	358,982	1,300	SH		SOLE		1,300	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,352,598	2,600	SH		SOLE		2,600	0	0
THOMSON REUTERS CORP	COM	884903808	12,057,421	75,099	SH		SOLE		51,199	0	23,900
T-MOBILE US INC	COM	872590104	10,904,062	49,400	SH		SOLE		49,400	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	162,317,966	3,049,215	SH		SOLE		2,709,141	0	340,074
TRANSALTA CORP	COM	89346D107	18,997,905	1,343,450	SH		SOLE		1,313,050	0	30,400
TRIPLE FLAG PRECIOUS METAL	COM	89679M104	390,637	26,000	SH		SOLE		26,000	0	0
TRUIST FINL CORP	COM	89832Q109	8,597,916	198,200	SH		SOLE		198,200	0	0
TYSON FOODS INC	CL A	902494103	155,088	2,700	SH		SOLE		2,700	0	0
UBER TECHNOLOGIES INC	COM	90353T100	705,744	11,700	SH		SOLE		11,700	0	0
UDR INC	COM	902653104	69,456	1,600	SH		SOLE		1,600	0	0
UNION PAC CORP	COM	907818108	10,444,232	45,800	SH		SOLE		45,800	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	13,417,040	106,400	SH		SOLE		106,400	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	505,860	1,000	SH		SOLE		1,000	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	143,536	800	SH		SOLE		800	0	0
US BANCORP DEL	COM NEW	902973304	5,342,611	111,700	SH		SOLE		111,700	0	0
VALERO ENERGY CORP	COM	91913Y100	3,628,664	29,600	SH		SOLE		29,600	0	0
VENTAS INC	COM	92276F100	3,633,513	61,700	SH		SOLE		61,700	0	0
VERALTO CORP	COM SHS	92338C103	71,397	701	SH		SOLE		701	0	0
VEREN INC	COM NEW	92340V107	16,546,815	3,219,016	SH		SOLE		3,219,016	0	0
VERISIGN INC	COM	92343E102	0	0	SH		SOLE		0	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	18,947,262	473,800	SH		SOLE		473,800	0	0
VERMILION ENERGY INC	COM	923725105	3,618,603	384,500	SH		SOLE		384,500	0	0
VERSABANK NEW	COM	92512J106	1,223,409	89,100	SH		SOLE		53,100	0	36,000
VICI PPTYS INC	COM	925652109	5,003,673	171,300	SH		SOLE		171,300	0	0
VISA INC	COM CL A	92826C839	3,918,896	12,400	SH		SOLE		12,400	0	0
WALMART INC	COM	931142103	1,599,195	17,700	SH		SOLE		17,700	0	0
WASTE CONNECTIONS INC	COM	94106B101	7,047,650	41,087	SH		SOLE		25,487	0	15,600
WASTE MGMT INC DEL	COM	94106L109	5,892,268	29,200	SH		SOLE		29,200	0	0
WEC ENERGY GROUP INC	COM	92939U106	1,025,036	10,900	SH		SOLE		10,900	0	0
WELLS FARGO CO NEW	COM	949746101	13,134,880	187,000	SH		SOLE		187,000	0	0
WEST FRASER TIMBER CO LTD	COM	952845105	1,750,016	20,200	SH		SOLE		20,200	0	0
WHEATON PRECIOUS METALS CORP	COM	962879102	3,466,808	61,600	SH		SOLE		34,200	0	27,400
WILLIAMS COS INC	COM	969457100	5,265,876	97,300	SH		SOLE		97,300	0	0
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	877,072	2,800	SH		SOLE		2,800	0	0
XCEL ENERGY INC	COM	98389B100	5,516,384	81,700	SH		SOLE		81,700	0	0
ZOETIS INC	CL A	98978V103	65,172	400	SH		SOLE		400	0	0