The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 |
| Algonquin Power and Utilities | CS | 015857105 | 112,409 | 11,358 | SH | SOLE | 11,358 | 0 | 0 | ||
| Alphabet Inc. Class A | CS | 02079K305 | 371 | 358 | SH | SOLE | 358 | 0 | 0 | ||
| Alphabet Inc. Class C | CS | 02079K107 | 22,282 | 21,595 | SH | SOLE | 21,595 | 0 | 0 | ||
| Amazon Com Inc | CS | 023135106 | 282 | 195 | SH | SOLE | 195 | 0 | 0 | ||
| Apple Inc. | CS | 037833100 | 27,223 | 162,257 | SH | SOLE | 162,257 | 0 | 0 | ||
| Bank of Montreal | CS | 063671101 | 1,759 | 23,325 | SH | SOLE | 23,325 | 0 | 0 | ||
| Bank of Nova Scotia | CS | 064149107 | 16,481 | 267,964 | SH | SOLE | 267,964 | 0 | 0 | ||
| BCE Inc. | CS | 05534B760 | 15,083 | 351,045 | SH | SOLE | 351,045 | 0 | 0 | ||
| Becton Dickinson and Company | CS | 075887109 | 14,320 | 66,081 | SH | SOLE | 66,081 | 0 | 0 | ||
| Berkshire Hathaway B | CS | 084670702 | 18,119 | 90,833 | SH | SOLE | 90,833 | 0 | 0 | ||
| Blackrock Inc | CS | 09247X101 | 9,389 | 17,331 | SH | SOLE | 17,331 | 0 | 0 | ||
| Booking Holdings Inc. | CS | 09857L108 | 15,191 | 7,302 | SH | SOLE | 7,302 | 0 | 0 | ||
| Brookfield Asset Management | CS | 112585104 | 20,452 | 525,475 | SH | SOLE | 525,475 | 0 | 0 | ||
| Brookfield Infrast. Partners LP | CS | G16252101 | 19,757 | 476,238 | SH | SOLE | 476,238 | 0 | 0 | ||
| Canadian Imperial Bank of Commerce | CS | 136069101 | 412 | 4,675 | SH | SOLE | 4,675 | 0 | 0 | ||
| Canadian National Railway | CS | 136375102 | 782 | 10,712 | SH | SOLE | 10,712 | 0 | 0 | ||
| Delta Air Lines Inc. | CS | 247361702 | 9,603 | 175,200 | SH | SOLE | 175,200 | 0 | 0 | ||
| Disney (Walt) Co | CS | 254687106 | 13,716 | 136,561 | SH | SOLE | 136,561 | 0 | 0 | ||
| Dr Pepper Snapple Group | CS | 26138E109 | 7,510 | 63,443 | SH | SOLE | 63,443 | 0 | 0 | ||
| Enbridge Inc. | CS | 29250N105 | 110 | 3,513 | SH | SOLE | 3,513 | 0 | 0 | ||
| Facebook Inc | CS | 30303M102 | 10,965 | 68,624 | SH | SOLE | 68,624 | 0 | 0 | ||
| Ferrari N.V. | CS | N3167Y103 | 7,503 | 62,254 | SH | SOLE | 62,254 | 0 | 0 | ||
| FirstService Corp | CS | 33767E103 | 12,709 | 173,695 | SH | SOLE | 173,695 | 0 | 0 | ||
| Fortis Inc. | CS | 349553107 | 1,347 | 39,951 | SH | SOLE | 39,951 | 0 | 0 | ||
| General Mills Inc. | CS | 370334104 | 181 | 4,015 | SH | SOLE | 4,015 | 0 | 0 | ||
| General Motors Company | CS | 37045V100 | 11,506 | 316,633 | SH | SOLE | 316,633 | 0 | 0 | ||
| Goldman Sachs Group Inc | CS | 38141G104 | 11,474 | 45,557 | SH | SOLE | 45,557 | 0 | 0 | ||
| JP Morgan Chase & Co. | CS | 46625H100 | 19,208 | 174,664 | SH | SOLE | 174,664 | 0 | 0 | ||
| KAR Auction Services Inc | CS | 48238T109 | 7,915 | 146,031 | SH | SOLE | 146,031 | 0 | 0 | ||
| Korn/Ferry International | CS | 500643200 | 6,537 | 126,707 | SH | SOLE | 126,707 | 0 | 0 | ||
| Live Nation Entertainment Inc | CS | 538034109 | 14,195 | 336,861 | SH | SOLE | 336,861 | 0 | 0 | ||
| Magna International Cl A | CS | 559222401 | 15,408 | 273,964 | SH | SOLE | 273,964 | 0 | 0 | ||
| Markel Corp. Holding | CS | 570535104 | 426 | 364 | SH | SOLE | 364 | 0 | 0 | ||
| Microsoft Corp. | CS | 594918104 | 17,240 | 188,892 | SH | SOLE | 188,892 | 0 | 0 | ||
| Molson Coors Brewing Cls. B | CS | 608711206 | 257 | 3,250 | SH | SOLE | 3,250 | 0 | 0 | ||
| Molson Coors Brewing Cls. B U$ | CS | 60871R209 | 7,985 | 106,005 | SH | SOLE | 106,005 | 0 | 0 | ||
| Moody's Corp | CS | 615369105 | 14,369 | 89,080 | SH | SOLE | 89,080 | 0 | 0 | ||
| Neenah Paper | CS | 640079109 | 8,607 | 109,780 | SH | SOLE | 109,780 | 0 | 0 | ||
| Oracle | CS | 68389X105 | 11,635 | 254,325 | SH | SOLE | 254,325 | 0 | 0 | ||
| Pembina Pipeline Corp | CS | 706327103 | 8,614 | 276,473 | SH | SOLE | 276,473 | 0 | 0 | ||
| Rogers Communications Inc. Cls B | CS | 775109200 | 14,174 | 317,852 | SH | SOLE | 317,852 | 0 | 0 | ||
| Royal Bank of Canada | CS | 780087102 | 6,959 | 90,228 | SH | SOLE | 90,228 | 0 | 0 | ||
| Telus Corp (Non-CDN) | CS | 87971M996 | 274 | 7,817 | SH | SOLE | 7,817 | 0 | 0 | ||
| Telus Corp. | CS | 87971M103 | 9,454 | 269,642 | SH | SOLE | 269,642 | 0 | 0 | ||
| Toronto Dominion Bank | CS | 891160509 | 16,353 | 288,603 | SH | SOLE | 288,603 | 0 | 0 | ||
| TransCanada Corp. | CS | 89353D107 | 9,088 | 220,080 | SH | SOLE | 220,080 | 0 | 0 | ||
| Vail Resorts Inc | CS | 91879Q109 | 11,780 | 53,134 | SH | SOLE | 53,134 | 0 | 0 | ||
| Vanguard FTSE All-World ex-US ETF | CS | 922042775 | 5,468 | 100,571 | SH | SOLE | 100,571 | 0 | 0 | ||
| Visa Inc. Cls A | CS | 92826C839 | 17,592 | 147,064 | SH | SOLE | 147,064 | 0 | 0 | ||
| Waste Connections Inc | CS | 94106B101 | 17,326 | 241,837 | SH | SOLE | 241,837 | 0 | 0 | ||
| Wells Fargo Co. | CS | 949746101 | 63 | 1,200 | SH | SOLE | 1,200 | 0 | 0 | ||
| Zimmer Biomet Holdings Inc | CS | 98956P102 | 11,181 | 102,540 | SH | SOLE | 102,540 | 0 | 0 | ||