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	4,157,849	45,549	SH		SOLE		45,549	0	0
ABBVIE INC.	COM	00287Y109	420,435	2,129	SH		SOLE		2,129	0	0
ACCENTURE PLC	COM	G1151C101	3,344,810	11,255	SH		SOLE		11,255	0	0
AGILENT TECHNOLOGIES, INC.	COM	00846U101	4,257,577	34,620	SH		SOLE		34,620	0	0
AGNICO-EAGLE MINES LIMITED	COM	008474108	2,500,056	31,000	SH		SOLE		31,000	0	0
ALAMOS GOLD INC.	COM	011532108	2,617,299	131,200	SH		SOLE		131,200	0	0
GOOGLE INC.	COM	02079K305	1,055,635	6,365	SH		SOLE		6,365	0	0
GOOGLE INC.	COM	02079K107	7,940,824	57,548	SH		SOLE		57,548	0	0
ALTRIA GROUP, INC.	COM	02209S103	43,894	860	SH		SOLE		860	0	0
AMAZON.COM, INC.	COM	023135106	4,730,340	30,224	SH		SOLE		30,224	0	0
AMENTUM HOLDINGS INC	COM	023939101	1,018,612	38,368	SH		SOLE		38,368	0	0
AMGEN INC.	COM	031162100	547,757	1,700	SH		SOLE		1,700	0	0
AON PLC	COM	G0403H108	32,177	93	SH		SOLE		93	0	0
APPLE INC.	COM	037833100	594,227	2,940	SH		SOLE		2,940	0	0
APPLIED MATERIALS, INC.	COM	038222105	2,020	10	SH		SOLE		10	0	0
AUTOMATIC DATA PROCESSING, INC.	COM	053015103	29,333	106	SH		SOLE		106	0	0
AUTOZONE, INC.	COM	053332102	25,200	8	SH		SOLE		8	0	0
BANK OF MONTREAL	COM	063671101	761,355	8,428	SH		SOLE		8,428	0	0
BANK OF NEW YORK MELLON CORPORATION	COM	064058100	2,433,710	44,263	SH		SOLE		44,263	0	0
BANK OF NOVA SCOTIA	COM	064149107	11,842,819	217,113	SH		SOLE		217,113	0	0
BARRICK GOLD CORPORATION	COM	067901108	31,361	1,575	SH		SOLE		1,575	0	0
BCE INC.	COM	05534B760	483,826	13,901	SH		SOLE		13,901	0	0
BECTON, DICKINSON AND COMPANY	COM	075887109	6,022,740	30,910	SH		SOLE		30,910	0	0
BERKSHIRE HATHAWAY INC.	COM	084670702	555,994	1,208	SH		SOLE		1,208	0	0
BERKSHIRE HATHAWAY INC.	COM	084670108	5,529,440	8	SH		SOLE		8	0	0
BHP BILLITON LIMITED	COM	088606108	688,179	11,080	SH		SOLE		11,080	0	0
BOSTON SCIENTIFIC . COM	COM	101137107	871,806	13,135	SH		SOLE		13,135	0	0
BP PLC	COM	055622104	617,755	19,680	SH		SOLE		19,680	0	0
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	27,370	529	SH		SOLE		529	0	0
BROADCOM INC.	COM	11135F101	4,367,033	30,200	SH		SOLE		30,200	0	0
BROOKFIELD ASSET MANAGEMENT INC.	COM	113004105	68,723	1,452	SH		SOLE		1,452	0	0
BROOKFIELD CORP	COM	11271J107	8,817,552	165,837	SH		SOLE		165,837	0	0
BROOKFIELD INFRASTRUCTURE PARTNERS	COM	G16252101	70,417	2,004	SH		SOLE		2,004	0	0
CANADIAN IMPERIAL BANK OF COMMERCE	COM	136069101	7,369	120	SH		SOLE		120	0	0
CANADIAN NATIONAL RAILWAY COMPANY	COM	136375102	28,701,082	244,830	SH		SOLE		244,830	0	0
CANADIAN NATURAL RESOURCES LIMITED	COM	136385101	7,171,339	215,723	SH		SOLE		215,723	0	0
CANADIAN PACIFIC RAILWAY LIMITED	COM	13646K108	2,431,215	28,395	SH		SOLE		28,395	0	0
CANOPY GROWTH CORP	COM	138035704	10	2	SH		SOLE		2	0	0
CBRE GROUP, INC.	COM	12504L109	3,857,739	36,580	SH		SOLE		36,580	0	0
CELESTICA INC.	COM	15101Q207	2,543,586	49,700	SH		SOLE		49,700	0	0
CENCORA INC	COM	03073E105	143,376	637	SH		SOLE		637	0	0
CENOVUS ENERGY INC.	COM	15135U109	10,046	600	SH		SOLE		600	0	0
CENTERPOINT ENERGY, INC.	COM	15189T107	3,475,429	154,588	SH		SOLE		154,588	0	0
CGI INC.	COM	12532H104	2,398,088	20,818	SH		SOLE		20,818	0	0
CHECK POINT SOFTWARE TECH	COM	M22465104	155,212	805	SH		SOLE		805	0	0
CHEVRON CORPORATION	COM	166764100	73,635	500	SH		SOLE		500	0	0
CISCO SYSTEMS, INC.	COM	17275R102	28,473	535	SH		SOLE		535	0	0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION	COM	192446102	3,743,543	59,021	SH		SOLE		59,021	0	0
COLGATE-PALMOLIVE COMPANY	COM	194162103	27,406	264	SH		SOLE		264	0	0
Colliers International Group	COM	194693107	8,720,029	57,395	SH		SOLE		57,395	0	0
CONOCOPHILLIPS	COM	20825C104	4,256,987	49,442	SH		SOLE		49,442	0	0
COSTCO WHOLESALE CORPORATION	COM	22160K105	1,950,344	2,200	SH		SOLE		2,200	0	0
CVS CORPORATION	COM	126650100	12,262	195	SH		SOLE		195	0	0
DENTSPLY INTERNATIONAL INC.	COM	24906P109	5,412	200	SH		SOLE		200	0	0
DESCARTES SYSTEMS GROUP INC.	COM	249906108	525,281	5,099	SH		SOLE		5,099	0	0
DIAGEO PLC	COM	25243Q205	1,519,321	10,826	SH		SOLE		10,826	0	0
DOCEBO INC	COM	25609L105	1,762,635	39,900	SH		SOLE		39,900	0	0
DOLLAR GENERAL CORP.	COM	256677105	1,927,725	29,782	SH		SOLE		29,782	0	0
DOLLAR TREE, INC.	COM	256746108	3,464,056	58,875	SH		SOLE		58,875	0	0
DUKE ENERGY CORPORATION	COM	26441C204	92,240	800	SH		SOLE		800	0	0
ELDORADO GOLD CORPORATION	COM	284902509	2,549,476	146,500	SH		SOLE		146,500	0	0
EMBECTA CORP	COM	29082K105	240	17	SH		SOLE		17	0	0
ENBRIDGE INC.	COM	29250N105	665,364	16,361	SH		SOLE		16,361	0	0
ENTERGY CORPORATION	COM	29364G103	92,127	700	SH		SOLE		700	0	0
FORTIS, INC.	COM	349553107	4,670,691	102,683	SH		SOLE		102,683	0	0
GAMING AND LEISURE PROPERTIE	COM	36467J108	30,201	587	SH		SOLE		587	0	0
GILDAN ACTIVEWEAR INC.	COM	375916103	8,475,387	179,859	SH		SOLE		179,859	0	0
GOLDMAN SACHS GROUP, INC.	COM	381430602	2,080	30	SH		SOLE		30	0	0
GOLDMAN SACHS GROUP, INC.	COM	38141G104	1,257,890	3,354	SH		SOLE		3,354	0	0
HIVE BLOCKCHAIN TECHNOLOGIES	COM	433921103	5,350	1,673	SH		SOLE		1,673	0	0
HOME DEPOT, INC. (THE)	COM	437076102	1,695,357	4,184	SH		SOLE		4,184	0	0
HUDBAY MINERALS, INC.	COM	443628102	2,877,605	312,500	SH		SOLE		312,500	0	0
INTEL CORPORATION	COM	458140100	1,760	75	SH		SOLE		75	0	0
INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)	COM	459200101	54,607	247	SH		SOLE		247	0	0
INVESCO S&P 500 EQUAL WEIGHT	COM	46137V357	1,991,367	14,800	SH		SOLE		14,800	0	0
BLACKROCK FUND ADVISORS	COM	46432F842	5,489,079	70,328	SH		SOLE		70,328	0	0
BLACKROCK FUND ADVISORS	COM	464288372	734,859	13,501	SH		SOLE		13,501	0	0
BLACKROCK FUND ADVISORS	COM	464285204	11,183	225	SH		SOLE		225	0	0
BLACKROCK FUND ADVISORS	COM	464287465	6,272	75	SH		SOLE		75	0	0
BLACKROCK FUND ADVISORS	COM	464287200	11,651,764	20,200	SH		SOLE		20,200	0	0
BLACKROCK FUND ADVISORS	COM	46428Q109	11,364	400	SH		SOLE		400	0	0
JACOB SOLUTIONS INC	COM	46982L108	4,134,461	38,368	SH		SOLE		38,368	0	0
JOHNSON & JOHNSON	COM	478160104	5,896,124	44,647	SH		SOLE		44,647	0	0
KINROSS GOLD CORPORATION	COM	496902404	2,624,128	279,800	SH		SOLE		279,800	0	0
KKR & CO INC	COM	48251W104	1,997,422	18,297	SH		SOLE		18,297	0	0
LEIDOS HOLDINGS INC	COM	525327102	4,514,666	33,180	SH		SOLE		33,180	0	0
LIGHTSPEED COMMERCE INC	COM	53229C107	11,350,443	687,618	SH		SOLE		687,618	0	0
LINDE PLC	COM	G54950103	28,612	60	SH		SOLE		60	0	0
LOCKHEED MARTIN CORPORATION	COM	539830109	54,364	93	SH		SOLE		93	0	0
MANULIFE FINANCIAL CORPORATION	COM	56501R106	373,176	12,613	SH		SOLE		12,613	0	0
MARSH & MCLENNAN COMPANIES, INC.	COM	571748102	823,673	4,911	SH		SOLE		4,911	0	0
MCDONALD'S CORPORATION	COM	580135101	3,208,047	12,252	SH		SOLE		12,252	0	0
META PLATFORMS INC	COM	30303M102	5,406,909	11,846	SH		SOLE		11,846	0	0
METHANEX CORPORATION	COM	59151K108	827	20	SH		SOLE		20	0	0
MGM ressources	COM	552953101	39	1	SH		SOLE		1	0	0
MICROSOFT CORPORATION	COM	594918104	9,554,327	26,404	SH		SOLE		26,404	0	0
MIND MEDICINE MINDMED INC	COM	60255C885	296	52	SH		SOLE		52	0	0
MITSUBISHI UFJ FINANCIAL GROUP, INC.	COM	606822104	461,256	45,310	SH		SOLE		45,310	0	0
MODERNA INC	COM	60770K107	4,143	62	SH		SOLE		62	0	0
MOTOROLA SOLUTIONS, INC.	COM	620076307	30,575	68	SH		SOLE		68	0	0
NETFLIX INC.	COM	64110L106	809,405	1,236	SH		SOLE		1,236	0	0
NEWMONT GOLDCORP CORPORATION	COM	651639106	33,756	631	SH		SOLE		631	0	0
NEXTERA ENERGY, INC.	COM	65339F101	37,193	440	SH		SOLE		440	0	0
NIKE, INC.	COM	654106103	397,800	4,500	SH		SOLE		4,500	0	0
NUTRIEN LTD.	COM	67077M108	3,845	80	SH		SOLE		80	0	0
NUTRIEN LTD.	COM	67077M108	4,343,763	90,294	SH		SOLE		90,294	0	0
NVIDIA CORPORATION	COM	67066G104	509,076	4,192	SH		SOLE		4,192	0	0
O'REILLY AUTOMOTIVE, INC.	COM	67103H107	125,524	109	SH		SOLE		109	0	0
OPEN TEXT CORPORATION	COM	683715106	3,763,525	112,935	SH		SOLE		112,935	0	0
ORACLE CORPORATION	COM	68389X105	3,192,625	20,089	SH		SOLE		20,089	0	0
ORGANIGRAM HOLDINGS INC	COM	68620P101	10,270	5,663	SH		SOLE		5,663	0	0
OSISKO GOLD ROYALTIES LTD.	COM	68827L101	5,460,917	294,508	SH		SOLE		294,508	0	0
UNITED TECHNOLOGIES CORPORATION	COM	68902V107	3,109,738	35,833	SH		SOLE		35,833	0	0
ENCANA CORPORATION	COM	69047Q102	16,692	435	SH		SOLE		435	0	0
PAN AMERICAN SILVER CORPORATION	COM	697900108	2,617,157	125,200	SH		SOLE		125,200	0	0
PAYCHEX, INC.	COM	704326107	161,028	1,200	SH		SOLE		1,200	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	390	5	SH		SOLE		5	0	0
PEMBINA PIPELINE CORPORATION	COM	706327103	338,144	8,194	SH		SOLE		8,194	0	0
PFIZER INC.	COM	717081103	49,198	1,700	SH		SOLE		1,700	0	0
UNITED TECHNOLOGIES CORPORATION	COM	75513E101	76,937	635	SH		SOLE		635	0	0
REPUBLIC SERVICES, INC.	COM	760759100	29,724	148	SH		SOLE		148	0	0
RESTAURANT BRANDS INTERNATIONA	COM	76131D103	5,164,371	71,491	SH		SOLE		71,491	0	0
RIO TINTO PLC	COM	767204100	688,926	9,680	SH		SOLE		9,680	0	0
ROGERS COMMUNICATIONS, INC.	COM	775109200	8,345,043	207,314	SH		SOLE		207,314	0	0
ROPER INDUSTRIES, INC.	COM	776696106	26,153	47	SH		SOLE		47	0	0
ROSS STORES, INC.	COM	778296103	1,376,577	11,375	SH		SOLE		11,375	0	0
ROYAL BANK OF CANADA	COM	780087102	4,508,539	36,083	SH		SOLE		36,083	0	0
SALESFORCE.COM, INC.	COM	79466L302	6,688,489	29,997	SH		SOLE		29,997	0	0
SANDSTORM GOLD LTD.	COM	80013R206	3,727,657	620,182	SH		SOLE		620,182	0	0
SAP SE	COM	803054204	888,908	3,880	SH		SOLE		3,880	0	0
ROYAL DUTCH SHELL PLC	COM	780259305	1,206,226	18,290	SH		SOLE		18,290	0	0
SHOPIFY INC - CLASS A	COM	82509L107	10,156,244	126,632	SH		SOLE		126,632	0	0
SNDL INC	COM	83307B101	5,974	2,900	SH		SOLE		2,900	0	0
STATE STREET CORPORATION	COM	78462F103	422,287	736	SH		SOLE		736	0	0
STANTEC INC.	COM	85472N109	4,366,501	54,238	SH		SOLE		54,238	0	0
SUMITOMO MITSUI FINANCIAL GROUP, INC.	COM	86562M209	336,615	26,652	SH		SOLE		26,652	0	0
SUN LIFE FINANCIAL INC.	COM	866796105	48,489	835	SH		SOLE		835	0	0
SUNCOR ENERGY, INC.	COM	867224107	5,782,214	156,480	SH		SOLE		156,480	0	0
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD.	COM	874039100	6,904,433	45,605	SH		SOLE		45,605	0	0
TRANSCANADA CORPORATION	COM	87807B107	522,286	10,975	SH		SOLE		10,975	0	0
TECK RESOURCES LTD.	COM	878742204	6,717,480	128,468	SH		SOLE		128,468	0	0
TELUS CORPORATION	COM	87971M103	240,009	14,290	SH		SOLE		14,290	0	0
TESLA INC	COM	88160R101	10,465	40	SH		SOLE		40	0	0
THE WALT DISNEY COMPANY	COM	254687106	4,276,039	54,459	SH		SOLE		54,459	0	0
THOMSON REUTERS CORPORATION	COM	884903808	1,388,633	8,132	SH		SOLE		8,132	0	0
TJX COMPANIES, INC.	COM	872540109	1,234,170	10,500	SH		SOLE		10,500	0	0
T-MOBILE US INC	COM	872590104	4,970,398	29,158	SH		SOLE		29,158	0	0
TORONTO-DOMINION BANK	COM	891160509	10,775,096	170,213	SH		SOLE		170,213	0	0
TOTAL SA	COM	89151E109	467,849	7,240	SH		SOLE		7,240	0	0
TOYOTA MOTOR CORPORATION	COM	892331307	382,140	2,140	SH		SOLE		2,140	0	0
ULTA BEAUTY INC	COM	90384S303	840,659	2,787	SH		SOLE		2,787	0	0
UNION PACIFIC CORPORATION	COM	907818108	2,625,011	12,868	SH		SOLE		12,868	0	0
UNITED PARCEL SERVICE, INC	COM	911312106	5,454	40	SH		SOLE		40	0	0
UNITED RENTALS INC	COM	911363109	3,958,284	5,834	SH		SOLE		5,834	0	0
THE VANGUARD GROUP INC.	COM	922042858	2,419,494	50,564	SH		SOLE		50,564	0	0
VANGUARD GROUP	COM	921943858	528,100	10,000	SH		SOLE		10,000	0	0
THE VANGUARD GROUP INC.	COM	92204A504	1,975	7	SH		SOLE		7	0	0
VANGUARD GROUP	COM	922908363	5,035,781	9,543	SH		SOLE		9,543	0	0
VANGUARD GROUP	COM	922908744	3,491	20	SH		SOLE		20	0	0
VEREN INC	COM	92340V107	41,682	6,760	SH		SOLE		6,760	0	0
VERISIGN INC.	COM	92343E102	28,494	150	SH		SOLE		150	0	0
VERISK ANALYTICS INC	COM	92345Y106	25,724	96	SH		SOLE		96	0	0
MYLAN INC.	COM	92556V106	139	12	SH		SOLE		12	0	0
VISA INC.	COM	92826C839	3,138,367	13,989	SH		SOLE		13,989	0	0
WABTEC CORPORATION	COM	929740108	727	4	SH		SOLE		4	0	0
WAL-MART STORES, INC.	COM	931142103	1,384,863	17,150	SH		SOLE		17,150	0	0
Waste Connections Inc	COM	94106B101	18,790	105	SH		SOLE		105	0	0
WASTE MANAGEMENT INC	COM	94106L109	25,535	123	SH		SOLE		123	0	0
WELLS FARGO & COMPANY	COM	949746101	1,254,492	29,244	SH		SOLE		29,244	0	0
WHEATON PRECIOUS METALS CORP.	COM	962879102	4,931,054	80,649	SH		SOLE		80,649	0	0
Willis Tower Watson PLC	COM	G96629103	4,151,427	17,911	SH		SOLE		17,911	0	0
WYNN RESORTS, LTD.	COM	983134107	96	1	SH		SOLE		1	0	0
YUM! BRANDS, INC	COM	988498101	27,104	194	SH		SOLE		194	0	0
ZIMVIE INC	COM	98888T107	111	7	SH		SOLE		7	0	0