Louisbourg Investments 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
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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 LABORATORIES	COM	002824100	4,064,245	44,699	SH		SOLE		44,699	0	0
ABBVIE INC.	COM	00287Y109	254,029	1,395	SH		SOLE		1,395	0	0
AGILENT TECHNOLOGIES, INC.	COM	00846U101	3,704,897	30,470	SH		SOLE		30,470	0	0
GOOGLE INC.	COM	02079K305	1,262,529	8,365	SH		SOLE		8,365	0	0
GOOGLE INC.	COM	02079K107	7,320,562	58,098	SH		SOLE		58,098	0	0
ALTRIA GROUP, INC.	COM	02209S103	37,513	860	SH		SOLE		860	0	0
AMAZON.COM, INC.	COM	023135106	3,841,129	24,324	SH		SOLE		24,324	0	0
AMGEN INC.	COM	031162100	710,800	2,500	SH		SOLE		2,500	0	0
AON PLC	COM	G0403H108	31,036	93	SH		SOLE		93	0	0
APPLE INC.	COM	037833100	614,487	4,240	SH		SOLE		4,240	0	0
AUTOZONE, INC.	COM	053332102	31,516	10	SH		SOLE		10	0	0
BANK OF MONTREAL	COM	063671101	823,649	8,428	SH		SOLE		8,428	0	0
BANK OF NEW YORK MELLON CORPORATION	COM	064058100	1,948,537	44,263	SH		SOLE		44,263	0	0
BANK OF NOVA SCOTIA	COM	064149107	8,898,644	171,858	SH		SOLE		171,858	0	0
BARRICK GOLD CORPORATION	COM	067901108	26,222	1,575	SH		SOLE		1,575	0	0
BCE INC.	COM	05534B760	463,174	13,617	SH		SOLE		13,617	0	0
BECTON, DICKINSON AND COMPANY	COM	075887109	5,549,071	27,710	SH		SOLE		27,710	0	0
BERKSHIRE HATHAWAY INC.	COM	084670702	502,942	1,196	SH		SOLE		1,196	0	0
BERKSHIRE HATHAWAY INC.	COM	084670108	5,709,960	9	SH		SOLE		9	0	0
BHP BILLITON LIMITED	COM	088606108	639,205	11,080	SH		SOLE		11,080	0	0
BOSTON SCIENTIFIC . COM	COM	101137107	1,173,865	21,710	SH		SOLE		21,710	0	0
BP PLC	COM	055622104	741,542	19,680	SH		SOLE		19,680	0	0
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	28,688	529	SH		SOLE		529	0	0
BROADCOM INC.	COM	11135F101	3,665,855	3,101	SH		SOLE		3,101	0	0
BROOKFIELD ASSET MANAGEMENT INC.	COM	113004105	61,052	1,452	SH		SOLE		1,452	0	0
BROOKFIELD CORP	COM	11271J107	7,625,926	182,071	SH		SOLE		182,071	0	0
BROOKFIELD INFRASTRUCTURE PARTNERS	COM	G16252101	61,203	1,958	SH		SOLE		1,958	0	0
CANADIAN IMPERIAL BANK OF COMMERCE	COM	136069101	26,387	520	SH		SOLE		520	0	0
CANADIAN NATIONAL RAILWAY COMPANY	COM	136375102	28,910,505	219,337	SH		SOLE		219,337	0	0
CANADIAN NATURAL RESOURCES LIMITED	COM	136385101	7,689,982	100,711	SH		SOLE		100,711	0	0
CANADIAN PACIFIC RAILWAY LIMITED	COM	13646K108	2,028,082	22,980	SH		SOLE		22,980	0	0
CANOPY GROWTH CORP	COM	138035704	17	2	SH		SOLE		2	0	0
CELESTICA INC.	COM	15101Q207	2,374,586	52,800	SH		SOLE		52,800	0	0
CENCORA INC	COM	03073E105	31,832	131	SH		SOLE		131	0	0
CENOVUS ENERGY INC.	COM	15135U109	12,007	600	SH		SOLE		600	0	0
CENTERPOINT ENERGY, INC.	COM	15189T107	3,448,089	158,888	SH		SOLE		158,888	0	0
CGI INC.	COM	12532H104	683,454	6,189	SH		SOLE		6,189	0	0
CHECK POINT SOFTWARE TECH	COM	M22465104	101,358	618	SH		SOLE		618	0	0
CHEVRON CORPORATION	COM	166764100	78,870	500	SH		SOLE		500	0	0
CISCO SYSTEMS, INC.	COM	17275R102	25,704	515	SH		SOLE		515	0	0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION	COM	192446102	3,005,429	49,081	SH		SOLE		49,081	0	0
COLGATE-PALMOLIVE COMPANY	COM	194162103	29,446	327	SH		SOLE		327	0	0
Colliers International Group	COM	194693107	5,512,719	45,057	SH		SOLE		45,057	0	0
CONOCOPHILLIPS	COM	20825C104	4,200,580	40,572	SH		SOLE		40,572	0	0
COSTCO WHOLESALE CORPORATION	COM	22160K105	1,749,520	2,388	SH		SOLE		2,388	0	0
CVS CORPORATION	COM	126650100	13,958	175	SH		SOLE		175	0	0
DENTSPLY INTERNATIONAL INC.	COM	24906P109	6,638	200	SH		SOLE		200	0	0
DESCARTES SYSTEMS GROUP INC.	COM	249906108	476,007	5,199	SH		SOLE		5,199	0	0
DIAGEO PLC	COM	25243Q205	2,086,227	14,026	SH		SOLE		14,026	0	0
DOCEBO INC	COM	25609L105	968,894	19,800	SH		SOLE		19,800	0	0
DOLLAR GENERAL CORP.	COM	256677105	2,167,320	17,997	SH		SOLE		17,997	0	0
DOLLAR TREE, INC.	COM	256746108	5,711,069	51,175	SH		SOLE		51,175	0	0
DUKE ENERGY CORPORATION	COM	26441C204	77,368	800	SH		SOLE		800	0	0
ELDORADO GOLD CORPORATION	COM	284902509	2,642,314	187,800	SH		SOLE		187,800	0	0
EMBECTA CORP	COM	29082K105	358	27	SH		SOLE		27	0	0
ENBRIDGE INC.	COM	29250N105	594,345	16,431	SH		SOLE		16,431	0	0
ENTERGY CORPORATION	COM	29364G103	73,976	700	SH		SOLE		700	0	0
FORTIS, INC.	COM	349553107	5,947,691	150,387	SH		SOLE		150,387	0	0
GILDAN ACTIVEWEAR INC.	COM	375916103	6,596,635	177,579	SH		SOLE		177,579	0	0
GOLDMAN SACHS GROUP, INC.	COM	38141G104	1,059,550	3,354	SH		SOLE		3,354	0	0
HIVE BLOCKCHAIN TECHNOLOGIES	COM	433921103	5,637	1,673	SH		SOLE		1,673	0	0
HOME DEPOT, INC. (THE)	COM	437076102	1,835,142	4,784	SH		SOLE		4,784	0	0
HSBC HOLDINGS PLC	COM	404280406	686,045	17,430	SH		SOLE		17,430	0	0
IMPERIAL OIL LTD.	COM	453038408	69,041	1,000	SH		SOLE		1,000	0	0
INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)	COM	459200101	35,900	188	SH		SOLE		188	0	0
BLACKROCK FUND ADVISORS	COM	46432F842	3,948,038	53,194	SH		SOLE		53,194	0	0
BLACKROCK FUND ADVISORS	COM	464288372	560,487	11,770	SH		SOLE		11,770	0	0
BLACKROCK FUND ADVISORS	COM	464285204	9,452	225	SH		SOLE		225	0	0
BLACKROCK FUND ADVISORS	COM	464287465	29,947	375	SH		SOLE		375	0	0
BLACKROCK FUND ADVISORS	COM	464287200	14,705,211	30,678	SH		SOLE		30,678	0	0
BLACKROCK FUND ADVISORS	COM	46428Q109	9,100	400	SH		SOLE		400	0	0
JACOB SOLUTIONS INC	COM	46982L108	5,295,069	42,255	SH		SOLE		42,255	0	0
JOHNSON & JOHNSON	COM	478160104	5,375,665	41,607	SH		SOLE		41,607	0	0
JPMORGAN CHASE & CO.	COM	46641Q217	1,463,750	25,000	SH		SOLE		25,000	0	0
KIMBERLY-CLARK CORPORATION	COM	494368103	29,104	225	SH		SOLE		225	0	0
KINDER MORGAN INC.	COM	49456B101	28,335	1,545	SH		SOLE		1,545	0	0
KKR & CO INC	COM	48251W104	1,935,222	22,921	SH		SOLE		22,921	0	0
LEIDOS HOLDINGS INC	COM	525327102	4,719,762	44,305	SH		SOLE		44,305	0	0
LIGHTSPEED COMMERCE INC	COM	53229C107	8,121,402	576,918	SH		SOLE		576,918	0	0
LINDE PLC	COM	G54950103	27,859	60	SH		SOLE		60	0	0
LOCKHEED MARTIN CORPORATION	COM	539830109	57,768	127	SH		SOLE		127	0	0
MANULIFE FINANCIAL CORPORATION	COM	56501R106	2,557,730	102,313	SH		SOLE		102,313	0	0
MARSH & MCLENNAN COMPANIES, INC.	COM	571748102	759,285	4,911	SH		SOLE		4,911	0	0
MCDONALD'S CORPORATION	COM	580135101	1,529,120	5,722	SH		SOLE		5,722	0	0
MCKESSON CORPORATION	COM	58155Q103	119,181	222	SH		SOLE		222	0	0
META PLATFORMS INC	COM	30303M102	5,415,601	13,539	SH		SOLE		13,539	0	0
METHANEX CORPORATION	COM	59151K108	892	20	SH		SOLE		20	0	0
MGM ressources	COM	552953101	47	1	SH		SOLE		1	0	0
MICROSOFT CORPORATION	COM	594918104	9,795,848	27,504	SH		SOLE		27,504	0	0
MIND MEDICINE MINDMED INC	COM	60255C109	492	52	SH		SOLE		52	0	0
MITSUBISHI UFJ FINANCIAL GROUP, INC.	COM	606822104	463,521	45,310	SH		SOLE		45,310	0	0
MODERNA INC	COM	60770K107	2,344	22	SH		SOLE		22	0	0
MOTOROLA SOLUTIONS, INC.	COM	620076307	28,753	81	SH		SOLE		81	0	0
NETFLIX INC.	COM	64110L106	2,199,537	3,961	SH		SOLE		3,961	0	0
NEWMONT GOLDCORP CORPORATION	COM	651639106	163,248	5,580	SH		SOLE		5,580	0	0
NEXTERA ENERGY, INC.	COM	65339F101	28,120	440	SH		SOLE		440	0	0
NIKE, INC.	COM	654106103	422,910	4,500	SH		SOLE		4,500	0	0
NUTRIEN LTD.	COM	67077M108	4,345	80	SH		SOLE		80	0	0
NUTRIEN LTD.	COM	67077M108	4,792,200	88,124	SH		SOLE		88,124	0	0
NUVEI CORP	COM	67079A102	6,624,862	209,367	SH		SOLE		209,367	0	0
NVIDIA CORPORATION	COM	67066G104	530,390	587	SH		SOLE		587	0	0
O'REILLY AUTOMOTIVE, INC.	COM	67103H107	123,048	109	SH		SOLE		109	0	0
OPEN TEXT CORPORATION	COM	683715106	5,595,849	144,075	SH		SOLE		144,075	0	0
ORACLE CORPORATION	COM	68389X105	2,918,639	25,749	SH		SOLE		25,749	0	0
ORGANIGRAM HOLDINGS INC	COM	68620P101	12,109	5,663	SH		SOLE		5,663	0	0
OSISKO GOLD ROYALTIES LTD.	COM	68827L101	2,344,774	142,738	SH		SOLE		142,738	0	0
UNITED TECHNOLOGIES CORPORATION	COM	68902V107	2,936,401	35,523	SH		SOLE		35,523	0	0
ENCANA CORPORATION	COM	69047Q102	22,591	435	SH		SOLE		435	0	0
PAYCHEX, INC.	COM	704326107	147,360	1,200	SH		SOLE		1,200	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	670	10	SH		SOLE		10	0	0
PEMBINA PIPELINE CORPORATION	COM	706327103	323,055	9,144	SH		SOLE		9,144	0	0
PFIZER INC.	COM	717081103	47,175	1,700	SH		SOLE		1,700	0	0
UNITED TECHNOLOGIES CORPORATION	COM	75513E101	65,833	675	SH		SOLE		675	0	0
REPUBLIC SERVICES, INC.	COM	760759100	28,333	148	SH		SOLE		148	0	0
RESTAURANT BRANDS INTERNATIONA	COM	76131D103	3,158,937	39,740	SH		SOLE		39,740	0	0
RIO TINTO PLC	COM	767204100	617,003	9,680	SH		SOLE		9,680	0	0
ROGERS COMMUNICATIONS, INC.	COM	775109200	5,939,782	144,829	SH		SOLE		144,829	0	0
ROPER INDUSTRIES, INC.	COM	776696106	31,407	56	SH		SOLE		56	0	0
ROSS STORES, INC.	COM	778296103	1,117,034	9,975	SH		SOLE		9,975	0	0
ROYAL BANK OF CANADA	COM	780087102	6,947,656	68,818	SH		SOLE		68,818	0	0
SALESFORCE.COM, INC.	COM	79466L302	4,888,059	19,802	SH		SOLE		19,802	0	0
SANDSTORM GOLD LTD.	COM	80013R206	3,478,315	662,962	SH		SOLE		662,962	0	0
SAP SE	COM	803054204	1,088,267	5,580	SH		SOLE		5,580	0	0
ROYAL DUTCH SHELL PLC	COM	780259305	1,226,162	18,290	SH		SOLE		18,290	0	0
SHOPIFY INC - CLASS A	COM	82509L107	7,133,491	92,377	SH		SOLE		92,377	0	0
SNDL INC	COM	83307B101	5,814	2,900	SH		SOLE		2,900	0	0
STATE STREET CORPORATION	COM	78462F103	598,915	1,145	SH		SOLE		1,145	0	0
STANTEC INC.	COM	85472N109	5,845,759	70,343	SH		SOLE		70,343	0	0
SUMITOMO MITSUI FINANCIAL GROUP, INC.	COM	86562M209	313,694	26,652	SH		SOLE		26,652	0	0
SUN LIFE FINANCIAL INC.	COM	866796105	75,371	1,380	SH		SOLE		1,380	0	0
SUNCOR ENERGY, INC.	COM	867224107	6,001,053	162,451	SH		SOLE		162,451	0	0
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD.	COM	874039100	5,551,883	46,775	SH		SOLE		46,775	0	0
TRANSCANADA CORPORATION	COM	87807B107	441,514	10,975	SH		SOLE		10,975	0	0
TECK RESOURCES LTD.	COM	878742204	5,383,703	117,508	SH		SOLE		117,508	0	0
TELUS CORPORATION	COM	87971M103	226,588	14,150	SH		SOLE		14,150	0	0
TESLA INC	COM	88160R101	20,743	118	SH		SOLE		118	0	0
TRANSFORCE, INC.	COM	87241L109	2,314,428	14,500	SH		SOLE		14,500	0	0
THE WALT DISNEY COMPANY	COM	254687106	4,255,927	41,699	SH		SOLE		41,699	0	0
THOMSON REUTERS CORPORATION	COM	884903808	1,888,907	12,126	SH		SOLE		12,126	0	0
TJX COMPANIES, INC.	COM	872540109	1,338,744	13,200	SH		SOLE		13,200	0	0
T-MOBILE US INC	COM	872590104	5,139,925	39,028	SH		SOLE		39,028	0	0
TORONTO-DOMINION BANK	COM	891160509	9,725,184	160,986	SH		SOLE		160,986	0	0
TOTAL SA	COM	89151E109	498,329	7,240	SH		SOLE		7,240	0	0
TOYOTA MOTOR CORPORATION	COM	892331307	538,595	2,140	SH		SOLE		2,140	0	0
TYSON FOODS INC	COM	902494103	1,025,309	23,222	SH		SOLE		23,222	0	0
UNION PACIFIC CORPORATION	COM	907818108	2,361,000	11,568	SH		SOLE		11,568	0	0
UNITED PARCEL SERVICE, INC	COM	911312106	13,377	90	SH		SOLE		90	0	0
UNITED RENTALS INC	COM	911363109	1,362,229	2,449	SH		SOLE		2,449	0	0
THE VANGUARD GROUP INC.	COM	922042858	1,816,123	43,479	SH		SOLE		43,479	0	0
VANGUARD GROUP	COM	921943858	501,700	10,000	SH		SOLE		10,000	0	0
VANGUARD GROUP	COM	922908363	3,863,592	8,037	SH		SOLE		8,037	0	0
VEREN INC	COM	92340V107	55,349	6,760	SH		SOLE		6,760	0	0
VERISIGN INC.	COM	92343E102	28,426	150	SH		SOLE		150	0	0
MYLAN INC.	COM	92556V106	143	12	SH		SOLE		12	0	0
VISA INC.	COM	92826C839	3,209,936	14,089	SH		SOLE		14,089	0	0
WABTEC CORPORATION	COM	929740108	583	4	SH		SOLE		4	0	0
WAL-MART STORES, INC.	COM	931142103	1,398,953	23,250	SH		SOLE		23,250	0	0
Waste Connections Inc	COM	94106B101	18,069	105	SH		SOLE		105	0	0
WASTE MANAGEMENT INC	COM	94106L109	33,038	155	SH		SOLE		155	0	0
WELLS FARGO & COMPANY	COM	949746101	1,285,162	29,244	SH		SOLE		29,244	0	0
WHEATON PRECIOUS METALS CORP.	COM	962879102	5,673,238	120,334	SH		SOLE		120,334	0	0
Willis Tower Watson PLC	COM	G96629103	4,181,875	19,592	SH		SOLE		19,592	0	0
WYNN RESORTS, LTD.	COM	983134107	102	1	SH		SOLE		1	0	0
YUM! BRANDS, INC	COM	988498101	26,898	194	SH		SOLE		194	0	0
ZIMVIE INC	COM	98888T107	115	7	SH		SOLE		7	0	0